Paypal, Inc.

Ebay, Incorporated

Google Inc.

Yi-Ling Su

Hugo Olliphant

Franck Chastagnol

Peter Zhe Chu

William Wu

Carol Gunby

Chris Brown

Thach Dang

Thomas Veino

Steven Aihua Chen

Steve S Chen

Frey Waid

Philip Snowberger

Shuehan Bishop

A method and system for facilitating online payments are disclosed. According to one aspect of the present invention, a payment agreement is established at a payment service provider that defines terms of a payment relationship between a merchant and a user. The establishing of the payment agreement includes linking the payment agreement with a payment account of the merchant or user stored at the payment service provider. After establishing the payment agreement, a payment request associated with a transaction is received, whereby the payment request includes a unique identifier to identify the payment agreement stored at the payment service provider. Based on a verification that the payment request complies with terms of the payment agreement, the payment request is processed.

Method and system for facilitating online payments based on an established payment agreement

A method and system for facilitating merchant-initiated online payments are disclosed. According to one aspect of the present invention, a payment service provider's server receives a user's request, via a merchant's server, to establish a merchant-initiated payment relationship or agreement. Accordingly, the payment service provider presents the user with options to customize the terms of the merchant-initiated payment agreement. After the agreement has been established and the terms customized, the merchant server communicates a merchant-initiated payment request to the pavement service provider for a transaction entered into with the user. The payment service provider's server processes the payment request after verifying that processing the payment does not exceed the user-customized terms of the agreement.

Method and system for facilitating merchant-initiated online payments

Growing community of inventors

Los Altos, CA, United States of America

Yi-Ling Su