Patent · US Expired

System, method and article of manufacture for network electronic payment instrument and certification of payment and credit collection utilizing a payment

US6016484A · kind A · utility

555Cited by
51References
21Claims
0Family size

Assignee

Inventors

Key dates

Filing dateApr 26, 1996
Grant dateJan 18, 2000
Priority date
Expiry dateApr 26, 2016

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q20/3829
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

An electronic monetary system provides for transactions utilizing an electronic-monetary system that emulates a wallet or a purse that is customarily used for keeping money, credit cards and other forms of payment organized. Access to the instruments in the wallet or purse is restricted by a password to avoid unauthorized payments. A certificate form must be completed in order to obtain an instrument. The certificate form obtains the information necessary for creating a certificate granting authority to utilize an instrument, a payment holder and a complete electronic wallet. Electronic approval results in the generation of an electronic transaction to complete the order. If a user selects a particular certificate, a particular payment instrument holder will be generated based on the selected certificate. In addition, a default bitmap for the instrument associated with a particular certificate is defined by the issuing agent for the certificate, and the default bitmap will be displayed when the certificate definition is completed. Finally, the number associated with a particular certificate will be utilized to determine if a certificate can be issued by a particular party.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.