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:
Apr. 19, 2016
Filed:
Apr. 27, 2012
Hugo Olliphant, San Francisco, CA (US);
Franck Chastagnol, Redwood City, CA (US);
Yi-ling Su, Los Altos, CA (US);
William Wu, San Francisco, CA (US);
Chris Brown, Berkeley, CA (US);
Thach Dang, Burlingame, CA (US);
Thomas Veino, San Jose, CA (US);
Carol Gunby, San Jose, CA (US);
Peter Chu, Mountain View, CA (US);
Steve Chen, San Jose, CA (US);
Hugo Olliphant, San Francisco, CA (US);
Franck Chastagnol, Redwood City, CA (US);
Yi-Ling Su, Los Altos, CA (US);
William Wu, San Francisco, CA (US);
Chris Brown, Berkeley, CA (US);
Thach Dang, Burlingame, CA (US);
Thomas Veino, San Jose, CA (US);
Carol Gunby, San Jose, CA (US);
Peter Chu, Mountain View, CA (US);
Steve Chen, San Jose, CA (US);
PayPal, Inc., San Jose, CA (US);
Abstract
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.