Visa International Service Association

Timothy M Lee

Jeffrey William Perlman

Gregory Kenneth Storey

Michael J Kearney

Methods and systems for performing micropayment transactions over communication networks is provided. These methods and systems enable ubiquitous micropayments by providing a seamless payment solution in which micropayment is one of a plurality of payments facilitated. In an embodiment, the transaction value may be compared to a predefined threshold, and processed as a micropayment if said value is less than said threshold, and otherwise processed using a second processing system. In another embodiment, the transaction may be processed as a micropayment if the payee has previously been verified by the micropayment processing system. In a third embodiment, the transaction takes place using the payee's website.

Method and system for processing micropayment transactions

A system of verifying a purported registrant's ownership or control of a payment instrument includes a communication device, a memory and a processor coupled to the communication device and to the memory. A payment instrument verification module stored in the memory and executable by the processor is adapted to receive information relating to the payment instrument from a registrant, initiate a financial transaction involving the payment instrument via the communication device, generate a dispute amount for the financial transaction, receive via the communication device a notification from a financial institution of the registrant that the financial transaction has been disputed by a comparison amount and compare the comparison amount with the dispute amount for purposes of verifying the payment instrument.

Method and system for verifying use of a financial instrument

Methods and systems for verifying that a registrant is authorized to use a particular payment instrument are presented. A registering service initiates one or more verifying transactions involving the instrument. The registrant contacts the issuing financial institution to dispute the transaction and verifies his or her identity to the issuing financial institution, resulting in the registering service being contacted and verifying to the registering service that the registrant owns or controls the payment instrument.

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San Jose, CA, United States of America

Timothy M Lee