Safe transaction guaranty
US7644019B2 · kind B2 · utility
153Cited by
2References
52Claims
0Family size
Assignee
Inventors
Key dates
| Filing date | Apr 21, 2003 |
| Grant date | Jan 5, 2010 |
| Priority date | — |
| Expiry date | Sep 11, 2026 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/04
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method and system is provided for safe online commercial transaction. When a safe transaction service provider receives a request from a first party for obtaining a transaction performance guaranty service, the safe transaction service provider processes the request by underwriting the first party. If the underwriting is successful, the transaction performance guaranty service is provided to the first party which binds a transaction performance guaranty to an online commercial transaction involving the first party and guarantees the first party's performance when the first party and a second party enter the online transaction.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.