Method and apparatus for processing transaction information for commodity object

US10229451B2 · kind B2 · utility

Assignee

• Alibaba Group Holding Limited · KY

Inventors

• Xichun Liu · Hangzhou City, CN
• Baoyou Cheng · Hangzhou City, CN
• Xiangfei Huang · Hangzhou City, CN
• Wei Zhang · Nanhu, CN
• Zhenjie Wang · Hangzhou City, CN
• Haiquan Zhang · Beijing, CN
• Junlin Zhu · Luoyang, CN
• Heng Li · 翁根苏木, CN
• Shisheng Liu · Beijing, CN
• Zengguang Liu · Hangzhou City, CN
• Libin Sun · Hangzhou City, CN
• Zhen YANG · 林湖乡, CN
• Yong Wu · Beijing, CN
• Liwen Xie · Hangzhou City, CN
• Hongwei Zhao · Qinhuangdao City, CN
• Zhebin Tao · Hangzhou City, CN

Key dates

• Filing date: Jun 19, 2015
• Grant date: Mar 12, 2019
• Expiry date: Feb 15, 2037

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q10/0836
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A method for processing transaction information for a commodity object is provided. The method includes receiving a request for purchasing a commodity object and generating, based on the request, a transaction order. The transaction order may include transaction amount information, information about a first user selling the commodity object, and information about a second user purchasing the commodity object. The method may further include setting an amount of fund in a fund account of the second user to a frozen state, and after a preset time period, transferring the amount of fund to a fund account of the first user. After the amount of fund is set to the frozen state and before the amount of fund is transferred to the fund account of the first user, an income produced by the amount of fund may be calculated and transferred to the fund account of the second user.