Patent · US Active

Automatic restitution of transaction fees, punishment of non-paying bidders, and management of appeals

US8626651B2 · kind B2 · utility

8Cited by
100References
12Claims
0Family size

Assignee

Inventors

Key dates

Filing dateDec 15, 2009
Grant dateJan 7, 2014
Priority date
Expiry dateMar 30, 2032

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q30/08
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A method and system for resolving disputes between parties involved in a network-based transaction is described. One aspect of the present invention seeks to automatically facilitate the restitution of value to parties of the transaction, for example, facilitated by a network-based commerce platform or involving a network-based payment service, where a dispute has arisen with respect to the transaction.

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