The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Mar. 02, 2004
Filed:
Dec. 23, 1999
James M. Dunn, Fresno, CA (US);
Edith H. Stern, Ft. Lauderdale, FL (US);
Barry E. Willner, Briarcliff Manor, NY (US);
International Business Machines, Corp., Armonk, NY (US);
Abstract
An E-commerce system enables a user to conduct transactions with a retailer via a network, typically the Internet without certification or trusted paths. The user is a customer of a financial institution coupled to the network. The institution serves as an intermediary in electronic transactions conducted between end user and retailer. End user and retailer initiate transactions in an Internet session. User selects as one payment option a “check” or data messages as an intent to pay for the purchases without authentication of one another. Retailer prepares and submits a request for payment directly to the financial institution. After the retailer and financial institution exchange digital certificates, the financial institution records the transactions in the user's account as authorized for payment. The user is provided a list of authorized transactions for approval or rejection. Upon approval by the user, payment is made to the retailer by the institution.