Iain M Begg

Title: **Iain M Begg: Innovator in Virtual Payment Systems**

Introduction

Iain M Begg is a notable inventor based in Vancouver, Canada, with an impressive portfolio of 15 patents. As a forward-thinking innovator, he has made significant contributions to the field of virtual payment systems, enhancing the way transactions take place over the internet.

Latest Patents

One of Iain's latest patents is titled "Method and apparatus for ordering goods, services and content over an internetwork using a virtual payment account." This innovative virtual payment system allows buyers and sellers to participate through a commerce gateway by applying for virtual payment accounts. Once established, a digital certificate is stored on the participant's computer, enabling buyers to charge purchases to their virtual payment account. Upon shipping, the seller notifies the commerce gateway to apply charges, and buyers can settle them through various means, including prepaid accounts, credit accounts, or reward points. Furthermore, buyers may even create sub-accounts for streamlined transactions.

Career Highlights

Iain M Begg has worked at Echarge Corporation and Cria Inc., where he honed his skills in technology and innovation. His experiences at these companies have played a crucial role in shaping his inventive approach to payment solutions and e-commerce.

Collaborations

Throughout his career, Iain has collaborated with notable professionals such as Robin B Hutchison and Robert J Llewellyn. Together, they have focused on pushing the boundaries of technology in the financial sector, emphasizing convenience and efficiency for consumers.

Conclusion

Iain M Begg's contributions to the realm of virtual payment systems exemplify the impact of innovative thinking on modern commerce. With 15 patents under his belt, he continues to influence the landscape of online transactions and payment methods, ensuring a more accessible and user-friendly experience for buyers and sellers alike.