Method and apparatus for electronic transactions
OwnerGuang Fenginventor
Life of this patent
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Abstract
Communication and a communications apparatus are controlled with a communication intermediating apparatus. Multiple methods of processing communication requests are provided. Decided rules comprising of pairs of identification information of communication requests and methods of processing are recorded beforehand. When a communication request is received, the identification of the communication request is distinguished, an applying rule is picked from the recorded rules, and the communication request is processed. A virtual account to be set maximum payment amount beforehand is used, and electronic transactions communication is done.
Claims1
In a computer system, a method for processing commercial transactions between a buyer and a seller, said buyer holds an account,
- said method comprising:
- said buyer transmits a maximum payment amount to a computer of a bank holding an account;
- using said maximum payment amount as a balance of a virtual account (hereafter said virtual account is referred as a virtual-account);
- said buyer transmits a password to be used for verifying transaction-approval-requests to said computer of said bank;
- a terminal of said seller transmits a transaction-approval-request of transaction price to said computer,
- said terminal is connected with said computer via communication networks;
- said computer reads said balance of said account and the balance of said virtual-account,
- determines whether transaction price is not more than the account balance,
- if the transaction price is not more than the account balance,
- determines whether the transaction price is not more than the virtual-account balance,
- if the transaction price is not more than the virtual-account balance,
- presents a verification-request to the buyer for verifying said transaction-approval-request;
- the buyer transmits said password to said computer for verifying said transaction-approval-request;
- The computer transmits an approval to the seller only after the transaction-approval-request is verified by the buyer,
- debits the transaction price from the buyer's account, and
- subtracts the transaction price from the buyer's virtual-account balance.
Dependencies are inferred from the claim text.