Electronic transactions and payments system
First Claim
1. A method for conducting an electronic transaction between a first person having a first computer and a second person having a second computer, the first and second computers being able to be connected to each other by at least one communication network, the method including the steps of:
- (a) establishing a communication between the first computer and the second computer via the communication channel;
(b) receiving at the first computer a request for payment from the second computer;
(c) the first person using the first computer to pass a payment instruction to a first bank to effect payment to the second person;
(d) the first computer receiving a request from the first bank for identity and login information from the first person, and the first person using the first computer for supplying to the first bank the identity and login information of the fist person for enabling the first bank to effect a debit transaction to debit an account of the first person and to effect a corresponding payment transaction to the second person; and
(e) the first computer receiving from the first bank approval of both transactions.
1 Assignment
0 Petitions
Accused Products
Abstract
Secure electronic transaction system is provided between a plurality of computer systems and other electronic terminals wholly or partly over a public communication system such as the internet, a closed communication system such as a banking network or point-to-point communications such as dial-up connections and leased lines. Secure transmission of transaction information instructions and payment instructions is provided from a customer'"'"'s computer system to the customer'"'"'s bank'"'"'s computer system. The bank'"'"'s computer system processes and evaluates the instructions and transmits by way of secure transmissions the transaction instructions and payment instructions to the merchant'"'"'s computer system.
109 Citations
36 Claims
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1. A method for conducting an electronic transaction between a first person having a first computer and a second person having a second computer, the first and second computers being able to be connected to each other by at least one communication network, the method including the steps of:
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(a) establishing a communication between the first computer and the second computer via the communication channel;
(b) receiving at the first computer a request for payment from the second computer;
(c) the first person using the first computer to pass a payment instruction to a first bank to effect payment to the second person;
(d) the first computer receiving a request from the first bank for identity and login information from the first person, and the first person using the first computer for supplying to the first bank the identity and login information of the fist person for enabling the first bank to effect a debit transaction to debit an account of the first person and to effect a corresponding payment transaction to the second person; and
(e) the first computer receiving from the first bank approval of both transactions. - View Dependent Claims (3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 31, 32, 33, 34, 35, 36)
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2. A method for conducting an electronic transaction between a first person having a first computer and a second person having a second computer, the first and second computers being able to be connected to each other by at least one communication network, the method including the steps of:
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(a) establishing a communication between the first computer and the second computer via the communication channel;
(b) sending from the second computer to the first computer a request for payment for the first person to use the first computer to pass a payment instruction to a first bank to effect payment to the second person, and for enabling the first bank to effect a debit transaction to debit an account of the first person; and
(c) the second computer receiving a corresponding payment from the first bank.
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29. A method for conducting an electronic transaction between a first person having a first computer and a second person having a second computer, the first and second computers being able to be connected to each other by at least one communication network via a server, the method including the steps of:
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(a) the server receiving a communication from the first computer via the comunication channel, the communication containing a request for payment to the second person;
(b) the server advising the second computer of the request for payment and requesting details of the second person'"'"'s bank;
(c) the server receiving the first person using the first computer a payment instruction to effect payment to the second person;
(d) conveying to the first person a request from a first bank for identity and login information from the first person, to enable the first person to use the first computer for supplying to the first bank the identity and login information of the first person thus enabling the first bank to effect a debit transaction to debit an account of the first person and to effect a corresponding payment transaction to the second person; and
(e) sending to the first computer advice of completing of the transactions. - View Dependent Claims (30)
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Specification