Conducting commerce between individuals with integrated shipping
First Claim
1. A method of integrating the shipping of goods with the purchase of said goods, said method comprising:
- recording, on a transaction server, a purchase price of said goods, a first account for an individual buyer and a second account for an individual seller, said seller and said buyer connecting to said transaction server over a network to provide information regarding said purchase;
receiving an indication of a chosen shipper by which to ship said goods from said seller to said buyer;
receiving a tracking number identifying said goods to be shipped by said shipper;
receiving a notification from said shipper regarding a status of said goods associated with said tracking number;
debiting said first account of said buyer only after said notification is received; and
crediting said second account of said seller to complete said purchase of said goods.
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Accused Products
Abstract
Receiving payment includes the establishment, at a first server, a transaction record including information identifying a payment amount, a first account to be credited by the payment amount, and a second account to be debited by a debit amount. A financial authorization network performs an authorization analysis on at least the second account. The second account is debited if the authorization analysis is successfully completed, and the first account is directly credited by the payment amount to conclude the transaction. Risk analysis may be performed for each individual. Payment is integrated with shipping.
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Citations
26 Claims
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1. A method of integrating the shipping of goods with the purchase of said goods, said method comprising:
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recording, on a transaction server, a purchase price of said goods, a first account for an individual buyer and a second account for an individual seller, said seller and said buyer connecting to said transaction server over a network to provide information regarding said purchase;
receiving an indication of a chosen shipper by which to ship said goods from said seller to said buyer;
receiving a tracking number identifying said goods to be shipped by said shipper;
receiving a notification from said shipper regarding a status of said goods associated with said tracking number;
debiting said first account of said buyer only after said notification is received; and
crediting said second account of said seller to complete said purchase of said goods. - View Dependent Claims (2, 3, 4, 5, 6)
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7. A method of integrating the shipping of goods with the purchase of said goods, said method comprising:
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recording, on a transaction server, a purchase price of said goods, a first account for an individual buyer and a second account for an individual seller, said seller and said buyer connecting to said transaction server over a network to provide information regarding said purchase;
receiving an indication of a chosen shipper by which to ship said goods from said seller to said buyer;
receiving a tracking number identifying said goods to be shipped by said shipper;
storing said tracking number on said transaction server, whereby said transaction server is arranged to track the shipping status of said goods; and
debiting said first account of said buyer and crediting said second account of said seller to complete said purchase of said goods. - View Dependent Claims (8, 9, 10, 11, 12)
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13. A method of integrating the shipping of goods with the purchase of said goods, said method comprising:
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recording a purchase transaction between an individual seller and an individual buyer on a transaction server connected to a network, said transaction server recording a purchase price of said goods, a first account for said buyer and a second account for said seller;
receiving an indication of a chosen shipping method by which to ship said goods from said seller to said buyer;
receiving information regarding said goods to be shipped;
calculating a shipping price for said goods based on said chosen shipping method and said received information regarding said goods to be shipped; and
debiting said first account of said buyer and crediting said second account of said seller to complete said purchase transaction. - View Dependent Claims (14, 15, 16, 17, 18, 19, 20, 21)
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22. A method of integrating the shipping of goods with the purchase of said goods, said method comprising:
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recording a purchase transaction between an individual seller and an individual buyer on a transaction server connected to a network, said transaction server recording a purchase price of said goods, a first account for said buyer and a second account for said seller;
receiving an indication of a chosen shipping method by which to ship said goods from said seller to said buyer, said chosen shipping method being chosen by said seller;
receiving information regarding said goods to be shipped;
calculating a shipping price for said goods based on said chosen shipping method and said received information regarding said goods to be shipped;
communicating said shipping price to said seller; and
debiting said first account of said buyer by said purchase price and crediting said second account of said seller by said purchase price to complete said purchase transaction.
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23. A method of integrating an escrow period with the purchase of goods, said method comprising:
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recording, on a transaction server, a purchase price of said goods, a first account for an individual buyer and a second account for an individual seller, said seller and said buyer connecting to said transaction server over a network to provide information regarding said purchase;
debiting said first account of said buyer by an amount equal to said purchase price;
placing said amount into an escrow account;
establishing said escrow period during which said amount is held in said escrow account; and
crediting said second account of said seller to complete said purchase transaction when said escrow period has ended, whereby said buyer has a chargeback right during said escrow period. - View Dependent Claims (24, 25, 26)
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Specification