System and method of fulfilling a transaction
US7962418B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | Mar 30, 2007 |
| Grant date | Jun 14, 2011 |
| Priority date | — |
| Expiry date | Jun 27, 2028 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0215
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method is disclosed that includes receiving a request for a transaction from a customer at a seller server system via an electronic-commerce website and identifying a customer account stored at the seller server system based on an identity of the customer. A plurality of financial instruments is associated with the customer account. The plurality of financial instruments has a customer-specific sequence including at least a first financial instrument pre-selected by the customer and a second financial instrument. The method includes automatically attempting to collect a particular payment associated with the transaction from a first financial service provider corresponding to the first financial instrument and automatically attempting to collect the particular payment from a second financial service provider corresponding to the second financial instrument in response to data received at the seller server system indicating a denial of the payment.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.