Patent · US Active

Method and apparatus for facilitating online payment transactions in a network-based transaction facility

US7899712B2 · kind B2 · utility

29Cited by
261References
15Claims
0Family size

Assignee

Inventors

Key dates

Filing dateJan 13, 2006
Grant dateMar 1, 2011
Priority date
Expiry dateJul 21, 2028

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q40/04
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A method and a system to transfer payment to a seller associated with a transaction facility. In one aspect, a risk level involved in a payment transaction using a scoring algorithm is evaluated based on seller-specific criteria; and a payment is processed based on the evaluation.

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