US 6,618,705 B1Granted

Method and system for conducting business in a transnational e-commerce network

OwnerTiejun (Ronald) Wang, Ximing Wang +1inventors

InventorsTiejun (Ronald) Wang, Ximing Wang, Tiehong Wang

Life of this patent

Estimating the term…

Loading patent…

Abstract

The invention presents a method and system for processing the purchase of products, goods and/or services, more particularly, to a method and system for processing the purchase by a buyer of products from one or more sellers of products in an on-line real-time e-Commerce business environment where the merchant server from which the goods are purchased lacks adequate encryption security for the purchasing of the goods by credit card. The method and system also allows for the easy up-dating registration by a merchant of the items available for purchase as maintained on the Web, DB server. The invention also discloses a method and system for avoiding the hindrance of foreign exchange rates fluctuations on the payment of on-line real-time e-Commerce trading. The system provides for a splitting of a merchant server into a Web, DB server and a payment server, the payment server being located in a nation state to which a purchaser may securely transmit encrypted credit card information in order to purchase product available on websites maintained on the Web, DB server.

Claims16

Dependent claims

A method for conducting on-line purchasing in an e-Commerce transnational business environment, purchasing being conducted over a computer network comprising a payment server having a credit card information transaction security system, a Web, DB server having a credit card information transaction security system less secure than the credit card information transaction security system of the payment server, at least one first remote computer, at least one second remote computer, at least one first communication channel connecting the at least one first remote computer to the payment server and to the Web, DB server, at least one second communication channel connecting the at least one second remote computer to the Web, DB server, and at least one third communication channel connecting the Web, DB server to the payment server, the method comprising the steps of:

a) positioning the Web, DB server in one of a first nation state and a second nation state:
b) positioning the payment server in the first nation state;
c) using the at least one first remote computer to identify an item to be purchased from at least one item registered for purchase on the Web, DB server;
d) communicating a purchase request for the item identified to be purchased by a buyer from the at least one first remote computer to the Web, DB server;
e) switching of communication from the buyer with the Web, DB server to the payment server;
f) providing credit card payment information by the buyer for the item to be purchased from the at least one first remote computer to the payment server;
g) transferring credit card payment confirmation information from the payment server to the Web, DB server;
and
h) up-dating the Web, DB server with respect to the purchase of the item identified by the buyer.

6 more elements

Dependencies are inferred from the claim text.