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:
Jan. 07, 2014
Filed:
Aug. 20, 2009
Xiaoming HU, Hangzhou, CN;
Jun LI Du, Hangzhou, CN;
Xingjun NI, Hangzhou, CN;
Xiaoning Qi, Hangzhou, CN;
Feng Yu, Hangzhou, CN;
Liang Zhang, Hangzhou, CN;
Shi Yu Zhu, Hangzhou, CN;
Xiaoming Hu, Hangzhou, CN;
Jun Li Du, Hangzhou, CN;
Xingjun Ni, Hangzhou, CN;
Xiaoning Qi, Hangzhou, CN;
Feng Yu, Hangzhou, CN;
Liang Zhang, Hangzhou, CN;
Shi Yu Zhu, Hangzhou, CN;
Alibaba Group Holding Limited, Grand Cayman, KY;
Abstract
The disclosed online transaction method and system uses payment platform acting as an intermediary agent between the merchant and the shipping company to handle the payment. While the payment platform receives payment from the shipping company, the merchant receives payment from the payment platform. The method and system do not require buyers to use the payment method provided by an intermediary transaction platform to make a payment. Instead, the buyer may pay directly to the shipping company. Unlike conventional transaction method based on COD, however, the disclosed online transaction method and system centrally manage a logistics platform or multiple logistics operations run by logistics companies. The merchant does not receive the payment from the logistics company, but rather receive the payment from a centralized payment platform to ensure secure and fast payment.