Release of funds based on criteria
US10223676B2 · kind B2 · utility
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20Claims
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Key dates
| Filing date | Apr 21, 2014 |
| Grant date | Mar 5, 2019 |
| Priority date | — |
| Expiry date | Mar 22, 2037 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/02
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method and system to transfer payment to a seller of a network-based commerce transaction are described herein. The method includes performing a risk evaluation based on retrieved seller-specific data, and releasing funds from a holding account to the seller based on the risk evaluation.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.