Release of funds based on criteria
US8706618B2 · kind B2 · utility
1Cited by
242References
16Claims
0Family size
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Key dates
| Filing date | Sep 29, 2005 |
| Grant date | Apr 22, 2014 |
| Priority date | — |
| Expiry date | Jul 5, 2029 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/02
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method and system to transfer payment to a seller of a network-based commerce transaction are described herein. The method includes generating a risk model based on seller-specific criteria, and releasing funds from a holding account to the seller based on the risk model.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.