Consumer-initiated financial transaction based on sales-side information
AssigneeIntuit Inc.
InventorsSridhar Jagannathan, Omar Green
Life of this patent
Estimating the term…
Abstract
During a financial transaction, an electronic device associated with a consumer receives an electronic package from a counterparty in the financial transaction. This electronic package includes sales-side information associated with the financial transaction. Then, the electronic device analyzes the electronic package to extract the sales-side information. Moreover, the electronic device provides the sales-side information and payment information to a third party that completes the financial transaction, thereby allowing the consumer to initiate the payment process. Next, the electronic device receives confirmation from the third party when the financial transaction has been completed.
Claims20
An electronic-device-implemented method for conducting a financial transaction, the method comprising:
- receiving, from a counterparty in the financial transaction, an electronic package which includes sales-side information associated with the financial transaction;
- using the electronic device, analyzing the electronic package to extract the sales-side information;
- providing the sales-side information and payment information to a third party, wherein the process of providing is initiated by a consumer in the financial transaction, and wherein the third party completes the financial transaction;
- and
- receiving, from the third party, confirmation when the financial transaction has been completed.
A computer-program product for use in conjunction with an electronic device, the computer-program product comprising a non-transitory computer-readable storage medium and a computer-program mechanism embedded therein, to conduct a financial transaction, the computer-program mechanism including:
- instructions for receiving, from a counterparty in the financial transaction, an electronic package which includes sales-side information associated with the financial transaction;
- instructions for analyzing the electronic package to extract the sales-side information;
- instructions for providing the sales-side information and payment information to a third party, wherein the process of providing is initiated by a consumer in the financial transaction, and wherein the third party completes the financial transaction;
- and
- instructions for receiving, from the third party, confirmation when the financial transaction has been completed.
A computer system, comprising:
- a processor;
- memory;
- and
- a program module, wherein the program module is stored in the memory and configurable to be executed by the processor to conduct a financial transaction, the program module including:
- instructions for receiving, from a counterparty in the financial transaction, an electronic package which includes sales-side information associated with the financial transaction;
- instructions for analyzing the electronic package to extract the sales-side information;
- instructions for providing the sales-side information and payment information to a third party, wherein the process of providing is initiated by a consumer in the financial transaction, and wherein the third party completes the financial transaction;
- and
- instructions for receiving, from the third party, confirmation when the financial transaction has been completed.
Dependencies are inferred from the claim text.