US 7,599,862 B2 · Transferring funds in connection with internet orders using order variables from two sources and authentication

Abstract

Methods for purchasing of goods or services over the internet. A customer has a customer account set up at a bank with associated account information. The account information includes verification information for verification parameters, such as authorized computer identification, authorized delivery addresses, authorized user identification, authorized telephone caller identification, and/or other account information. An order is placed by a user via an ordering computer which provides order information. Such order information includes verification variables used by the bank. Verification and/or authentication using one or more variables of the customer account information is used by the bank to validate the order before assuring payment to the merchant.

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Drawings

Claims20

Dependent claims

A method for transferring funds in connection with purchasing over the internet by a customer using a merchant having an internet site at which the merchant offers goods and/or services;

and wherein a bank authorizes the purchase in association with a customer account and pays the merchant, comprising:
communicating between a customer computer used by a customer user and a merchant computer via the internet including a plurality of available order variables;
building a customer order file which contains a plurality of customer order variables;
building a merchant order file which does not include all of said plurality of customer order variables, such that the merchant has incomplete order information;
said communication, said building a customer order file and said building a merchant order file steps being performed without communicating a customer account number or similar customer account identification via the internet which may be used to make fraudulent charges against the customer account;
assigning o transaction identifier, said transaction identifier not being useful for making other transactions against the customer account;
communicating between the customer computer and bank computer via the internet involving the customer order file;
conducting an identification inquiry between the bank computer and customer computer to verify the authenticity of the customer user as acceptable for conducting transactions against said customer account;
communicating between the customer computer and bank computer via the internet to provide at least one customer order variable not provided to the merchant in said building a merchant order file and said transaction identifier;
authorizing by the customer computer to the bank computer a purchase transaction based upon said customer order information and including said transaction identifier, merchant identification and at least one customer order variable not known by the merchant from said building a merchant order file;
communicating between the bank computer and the merchant computer with the bank computer providing said transaction identifier and said at least one order variable which is not included in the merchant order file;
providing in said communicating between the bank computer and the merchant computer said transaction identifier and said at least one customer order variable not provided to the merchant in said building a merchant order file needed by the merchant to proceed with merchant processing of the customer order;
paying the merchant from the bank computer without using any customer account number or identifier which can be used to transact business using the customer account.

10 more elements

A method for transferring funds in connection with purchasing by a customer using o merchant having an internet site at which the merchant offers goods and/or services;

and wherein a bank computer authorizes the purchase in association with a customer account and assures payment to the merchant, comprising:
communicating between a customer computer and o merchant computer via the internet and assemble order information associated with a customer order using the merchant computer and customer computer during said communicating step;
assigning a transaction identification during said communicating step to identify said transaction, said transaction identification not being useful for making other transactions against the customer account;
conducting an identification inquiry between the bank computer and customer computer via the internet to verify the authority of the customer user for using said customer account;
communicating between the customer computer and the bank computer via the internet including transaction identification and at least one order variable;
communicating between the bank computer and the merchant computer;
said communicating between the bank computer and the merchant computer including said transaction identification and said at least one order variable not previously known to the merchant computer to proceed with merchant processing of the customer order;
paying the merchant using the bank.

5 more elements

Dependencies are inferred from the claim text.

Description26,535 words

Summary2,190 words

#The technical field of this invention is methods and systems for purchasing on the internet or other global computer information network without need for transferring charge card numbers or similar sensitive financial or personal account information during the purchase transaction.

#Internet Purchase Transactions

#The volume of commercial transactions being conducted by communication over the internet has grown dramatically. These transactions typically include placement of orders by purchasers using a merchant or plural merchants who are paid by one or more credit card companies or banks using credit or debit accounts. This trend will continue and the volume of purchase transactions conducted over the internet will increase, probably at an accelerating rate.

Brief description of the drawings6 figures

#Preferred embodiments of the invention are described herein with the help of accompanying drawings which are now briefly described.

#FIG. 1 is a block diagram indicating a prior art equipment arrangement for conducting purchase transactions over the internet. This diagram also shows some of the principal actions indicated by arrows.

#FIG. 2 is a process block diagram indicating processing steps used in prior art internet purchase transactions, such as shown in FIG. 1.

Detailed description24,157 words

#Introduction

#The current invention has several features, functions and aspects which are explained below. Additional aspects may also be appreciated from the background description given above and the claims presented hereafter.

#The invention includes improved methods and associated systems for conducting a purchase transaction over the internet or other widespread or global computer information network or networks. The novel methods for conducting purchase transactions have a number of steps or phases with associated features. Also included are combinations and subcombinations of the enumerated steps, phases and features. The novel methods can be used in connection with a variety of purchase items, including either goods or services, or both, in the same or separate transactions.

Facts

Application

11/324,832Filed 3 Jan 2006 · continuation

Priority

25 Sep 2000

Published

US 2006/0184428 A117 Aug 2006

Granted

6 Oct 2009

Term ended

23 Feb 2023

Estimated · how

20 years from earliest known nonprovisional domestic filing plus recorded patent term adjustment, including 881 days of adjustment. Maintenance-fee lapses, terminal disclaimers and statutory extensions have not been checked. The continuity chain may be incomplete; this is not an enforceability determination.

Classification22 codes

G06Q 30/0613
Electronic shopping [e-shopping]: using intermediate agents
G06Q 20/382
Payment protocols; Details thereof: insuring higher security of transaction
G06Q 20/40
Payment protocols; Details thereof: authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and…
G06Q 20/4016
Transaction verification: involving fraud or risk level assessment in transaction processing

Timeline

25 Sep 2000Priority claimedParent application 09/669,335
3 Jan 2006Application filedUS 11/324,832
17 Aug 2006PublishedUS 2006/0184428 A1
6 Oct 2009GrantedUS 7,599,862 B2
23 Aug 2017Assigned to Ecardless Bancorp, Ltd.assignment of assignor's interest
17 Oct 2022Assigned to Lit-US Chisum 22-B LLCsecurity interest
23 Feb 2023Term endedEstimated, includes 881 days of adjustment

Transferring funds in connection with internet orders using order variables from two sources and authentication

Life of this patent

Transferring funds in connection with internet orders using order variables from two sources and authentication

Life of this patent

Life of this patent

Abstract

Drawings

Drawings

Claims20

Description26,535 words

Drawings

Classification22 codes

Life of this patent

Description26,535 words