Method and system for engaging in a transaction between a business entity and a merchant

• US 10,424,008 B2
• Filed: 05/05/2014
• Issued: 09/24/2019
• Est. Priority Date: 06/19/2008
• Status: Active Grant

• Current Assignee: PayPal, Inc. (PayPal Holdings, Inc.)
• Original Assignee: PayPal, Inc. (PayPal Holdings, Inc.)
• Inventors: Keithley, Thomas H., Whitford, Thomas E.
• Primary Examiner(s): Kazimi, Hani M
• Assistant Examiner(s): Ali, Hatem M
• Application Number:
  US14/270,145
• Publication Number:
  US 20140316950A1
• Time in Patent Office: 1,968 Days
• Field of Search: 705 44
• CPC Class Codes: G06Q 20/12 specially adapted for electronic shopping systems
• CPC Class Codes: G06Q 30/0601 Electronic shopping [e-shopping]
• CPC Class Codes: G06Q 30/0603 Catalogue ordering
• CPC Class Codes: G06Q 30/0637 Approvals

Abstract

A computer-implemented method of engaging in a transaction between a merchant and a business entity. The method includes: initiating a transaction by the business entity with a merchant; obtaining, by the merchant, a business entity data set including at least one data field; communicating an authorization request from the merchant to a provider, the request including at least one data field from the business entity data set and at least one field from a transaction data set; establishing a credit-based relationship between the provider and the business entity; communicating an authorization response from the provider to at least one of the merchant and the business entity; and engaging in the transaction between the provider and the business entity based at least in part upon the established credit-based relationship. A system and apparatus are also disclosed.

Claims

1. A system of a service provider comprising:

a non-transitory memory; and

one or more hardware processors coupled to the non-transitory memory and configured to read instructions from the non-transitory memory to cause the system to perform operations comprising;

receiving, from a first business entity via a secured webpage of the first business entity displayed on a device associated with a second business entity, a request for performing an electronic payment transaction associated with a first amount between the first business entity and the second business entity, wherein the request is initiated based on a user input on the secured webpage from the device, wherein the secured webpage comprises a particular web layout specific to the first business entity;

in response to receiving the request, automatically generating a Uniform Resource Locator (URL) redirect request for redirecting the secured webpage to a payment interface, wherein the URL redirect request causes the payment interface to be integrated within a frame of the secured webpage of the first business entity while retaining the particular web layout in the secured webpage, wherein the payment interface is accessed from a secure source associated with the service provider that is independent from the first business entity and the second business entity, wherein the payment interface enables the second business entity to submit data related to the second business entity and the electronic payment transaction to the service provider via the secured webpage of the first business entity;

receiving, via the payment interface, the data submitted by the second business entity;

obtaining, via the payment interface displayed within the frame of the secured webpage, an Internet Protocol (IP) address of the device;

providing a messenger service platform to facilitate communication of electronic messages between the first business entity and the second business entity;

obtaining one or more electronic documents based on a transaction type of the electronic payment transaction;

transmitting, via the messenger service platform, the one or more electronic documents to the first business entity and the second business entity to obtain digital signatures from the first business entity and the second business entity;

receiving, via the secured webpage from the first business entity, an authorization request corresponding to the electronic payment transaction between the first business entity and the second business entity;

authorizing the electronic payment transaction by validating the data submitted by the second business entity, validating the digital signatures received from the first business entity and the second business entity, and determining the IP address of the device does not correspond to a fraudulent user account, wherein the authorizing comprises establishing, for the second business entity, a credit account with the service provider based on the first amount;

in response to authorizing the electronic payment transaction, communicating an authorization response comprising an account number of the credit account to the first business entity;

receiving, from the first business entity via the secured webpage, an add-on to the electronic payment transaction, wherein the add-on is associated with a second amount;

determining the second amount associated with the add-on is within a predetermined portion of the first amount associated with the electronic payment transaction; and

processing the electronic payment transaction and the add-on to the electronic payment transaction using the credit account of the second business entity without reauthorizing.

2. The system of claim 1, wherein the authorization response comprises an authorization response code indicating to the first business entity that the electronic payment transaction is authorized.

3. The system of claim 1, wherein the operations further comprise determining that the add-on is requested within a predetermined time period from the authorization request.

4. The system of claim 3, wherein the predetermined time period is 30 days.

5. The system of claim 1, wherein the predetermined portion is 10%.

6. The system of claim 1, wherein the operations further comprise receiving, from the first business entity, an indication that items associated with the electronic payment transaction and the add-on are shipped within a second predetermined time period from the authorization request, wherein the electronic payment transaction and the add-on are processed based on the indication.

7. The system of claim 6, wherein the second predetermined time period is 30 days.

8. The system of claim 1, wherein the operations further comprise reauthorizing the electronic payment transaction with the add-on when the second amount associated with the add-on is more than the predetermined portion of the first amount.

9. A non-transitory machine-readable medium having stored thereon machine-readable instructions executable to cause a machine to perform operations comprising:

receiving, from a first business entity via a secured webpage of the first business entity displayed on a device associated with a second business entity, a request for performing an electronic payment transaction between the first business entity and the second business entity, wherein the request is initiated based on a user input on the secured webpage from the device, wherein the secured webpage comprises a particular web layout;

in response to receiving the request, automatically generating a Uniform Resource Locator (URL) redirect request for redirecting the secured webpage to a payment interface, wherein the URL redirect request causes the payment interface to be integrated within a frame of the secured webpage of the first business entity while retaining the particular web layout in the secured webpage, wherein the payment interface is accessed from a secure source associated with a service provider independent from the first business entity and the second business entity, wherein the payment interface enables the second business entity to submit data related to the second business entity and the electronic payment transaction to the service provider via the secured webpage of the first business entity;

receiving, via the payment interface, the data submitted by the second business entity;

obtaining, via the payment interface displayed within the frame of the secured webpage, an Internet Protocol (IP) address of the device;

providing a messenger service platform to facilitate communication of electronic messages between the first business entity and the second business entity;

obtaining one or more electronic documents based on a transaction type of the electronic payment transaction;

transmitting, via the messenger service platform, the one or more electronic documents to the first business entity and the second business entity to obtain digital signatures from the first business entity and the second business entity;

receiving, via the secured webpage from the first business entity, an authorization request corresponding to the transaction between the first business entity and the second business entity;

authorizing the electronic payment transaction by validating the data submitted by the second business entity, validating the digital signatures received from the first business entity and the second business entity, and determining the IP address of the device does not correspond to a fraudulent user account, wherein the authorizing comprises establishing, for the second business entity, a credit account with the service provider based on the first amount;

in response to authorizing the electronic payment transaction, communicating an authorization response comprising an account number of the credit account to the first business entity;

receiving, from the first business entity via the secured webpage, an add-on to the electronic payment transaction;

determining the second amount associated with the add-on is within a predetermined portion of the first amount associated with the electronic payment transaction; and

processing the electronic payment transaction and the add-on without reauthorizing.

10. The non-transitory machine-readable medium of claim 9, wherein the authorization response comprises an authorization response code indicating to the first business entity that the electronic payment transaction is authorized.

11. The non-transitory machine-readable medium of claim 9, wherein the operations further comprise determining that the add-on is requested within a predetermined time period from the authorization.

12. The non-transitory machine-readable medium of claim 11, wherein the predetermined time period is 30 days.

13. The non-transitory machine-readable medium of claim 9, wherein the predetermined portion is 10%.

14. The non-transitory machine-readable medium of claim 9, wherein the operations further comprise receiving, from the first business entity, an indication that items associated with the electronic payment transaction and the add-on are shipped within a second predetermined time period from the authorization request, wherein the electronic payment request and the add-on are processed based on the indication.

15. The non-transitory machine-readable medium of claim 9, wherein the operations further comprise in response to communicating the authorization response, establishing a credit-based relationship between the first business entity and the second business entity, wherein the credit-based relationship is one of a credit account arrangement relationship, a credit product arrangement relationship, a line-of-credit arrangement relationship, a loan arrangement relationship, or a lease arrangement relationship.

16. A method comprising:

receiving, by a computing system of a service provider from a first business entity via a secured webpage of the first business entity displayed on a device associated with a second business entity, a request for initiating an electronic payment transaction associated with a first amount between the first business entity and the second business entity, wherein the request is initiated based on a user input on the secured webpage from the device, wherein the secured webpage comprises a particular web layout specific to the first business entity;

in response to receiving the request, generating, by the computing system, a Uniform Resource Locator (URL) redirect request for redirecting the secured webpage to a payment interface, wherein the URL redirect request causes the payment interface to be integrated within a frame of the secured webpage of the first business entity while retaining the particular web layout in the secured webpage, wherein the payment interface is accessed from a secure source associated with the service provider that is independent from the first business entity and the second business entity, wherein the payment interface enables the second business entity to submit data related to the second business entity and the electronic payment transaction to the service provider via the secured webpage of the first business entity;

receiving, by the computing system via the payment interface, the data submitted by the second business entity;

obtaining, by the computing system via the payment interface displayed within the frame of the secured webpage, an Internet Protocol (IP) address of the device;

providing, by the computing system, a messenger service platform to facilitate communication of electronic messages between the first business entity and the second business entity;

obtaining, by the computing system, one or more electronic documents based on a transaction type of the electronic payment transaction;

transmitting, by the computing system via the messenger service platform, the one or more electronic documents to the first business entity and the second business entity to obtain digital signatures from the first business entity and the second business entity;

receiving, by the computing system via the secured webpage from the first business entity, an authorization request corresponding to the transaction between the first business entity and the second business entity;

authorizing, by the computing system, the electronic payment transaction by validating the data submitted by the second business entity, validating the digital signatures received from the first business entity and the second business entity, and determining the IP address of the device does not correspond to a fraudulent user account, wherein the authorizing comprises establishing, for the second business entity, a credit account with the service provider based on the first amount;

in response to authorizing the electronic payment transaction, electronically communicating, by the computing system, an authorization response comprising an account number of the credit account to the first business entity;

receiving, by the computing system from the first business entity via the secured webpage, an add-on to the electronic payment transaction, wherein the add-on is associated with a second amount;

determining, by the computing system, the second amount associated with the add-on is within a predetermined portion of the first amount associated with the electronic payment transaction; and

processing, by the computing system, the electronic payment transaction and the add-on without performing a reauthorization of the authorization request.

17. The method of claim 16, further comprising determining that the add-on is requested within a predetermined period of time from the authorization request.

18. The method of claim 17, wherein the predetermined portion is 10%.

19. The method of claim 16, wherein the authorization response is provided in a pop up window in association with the secured webpage.

20. The method of claim 16, wherein the authorization response is embedded within the frame of the secured webpage associated with the first business entity.