Safe transaction guaranty
First Claim
Patent Images
1. A method, comprising:
- receiving, by a safe transaction service provider, a request from a first party for obtaining a transaction performance guaranty service with respect to an online commercial transaction;
processing, by the safe transaction service provider, the request by underwriting the first party in order to provide the transaction performance guaranty service to the first party, wherein the safe transaction service provider offers the transaction performance guaranty service that binds a transaction performance guaranty to an online commercial transaction involving the first party to guarantee the performance of the first party.
13 Assignments
0 Petitions
Accused Products
Abstract
A method and system is provided for safe online commercial transaction. When a safe transaction service provider receives a request from a first party for obtaining a transaction performance guaranty service, the safe transaction service provider processes the request by underwriting the first party. If the underwriting is successful, the transaction performance guaranty service is provided to the first party which binds a transaction performance guaranty to an online commercial transaction involving the first party and guarantees the first party'"'"'s performance when the first party and a second party enter the online transaction.
-
Citations
115 Claims
-
1. A method, comprising:
-
receiving, by a safe transaction service provider, a request from a first party for obtaining a transaction performance guaranty service with respect to an online commercial transaction;
processing, by the safe transaction service provider, the request by underwriting the first party in order to provide the transaction performance guaranty service to the first party, wherein the safe transaction service provider offers the transaction performance guaranty service that binds a transaction performance guaranty to an online commercial transaction involving the first party to guarantee the performance of the first party. - View Dependent Claims (2, 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, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38)
-
-
39. A method for a service subscriber, comprising:
-
sending, by a service subscriber, a request to a safe transaction service provider for a transaction performance guaranty service;
receiving a response from the safe transaction service provider, wherein the response indicates whether an underwriting process is successful to extend to the first party the requested transaction performance guaranty service, wherein the safe transaction service provider, upon a successful underwriting of the first party, enters into a transaction performance guaranty service agreement with the first party to provide the transaction performance guaranty service that binds a transaction performance guaranty to an online commercial transaction involving the first party to guarantee the performance of the first party. - View Dependent Claims (40, 41, 42, 43, 44, 45, 46, 47, 48, 49, 50, 51, 52, 53, 54, 55, 56, 57)
-
-
58. A method for a service beneficiary, comprising:
-
examining, at a marketspace, an online commercial transaction posted with certain transaction terms;
entering the online commercial transaction, wherein the online transaction is posted with a seal indicating that a transaction performance guaranty is bound to the online transaction. - View Dependent Claims (59, 60, 61, 62, 63)
-
-
64. A safe transaction method, comprising:
-
providing, by a safe transaction service provider, a transaction performance guaranty service to a first party;
requesting, by the first party, the safe transaction service provider to bind a transaction performance guaranty to a specific online commercial transaction involving the first party;
binding a transaction performance guaranty to the specific online commercial transaction;
entering the specific online transaction between the first party and the second party; and
activating the transaction performance guaranty bound to the specific online transaction. - View Dependent Claims (65, 66, 67, 68, 69)
-
-
70. A system, comprising:
-
a safe transaction service provider;
a first party, wherein the first party requests a transaction performance guaranty service from the safe transaction service provider, and an underwriter underwrites the first party in order to approve the request for the transaction performance guaranty service, and the requested transaction performance guaranty service, after the underwriter successfully underwrites the first party, binds a transaction performance guaranty to an online commercial transaction involving the first party. - View Dependent Claims (71, 72, 73, 74, 75, 76, 77, 78, 79, 80, 81, 82, 83, 84, 85)
-
-
86. A safe transaction service provider system, comprising:
-
a service application processing mechanism capable of processing a request from a first party for obtaining a transaction performance guaranty service;
a transaction performance guaranty issuer capable of binding a transaction performance guaranty to a specific online transaction involving the first party under the transaction performance guaranty service offered to the first party; and
a claim processing mechanism capable of processing a claim filed by a second party involved in the specific online transaction with the first party, wherein the filed claim claims that the first party is in violation of a term of the specific online transaction. - View Dependent Claims (87, 88, 89, 90, 91, 92, 93, 94, 95)
-
-
96. A machine readable medium, encoded with instructions, that when executed by a machine, result in the following:
-
receiving, by a safe transaction service provider, a request from a first party for obtaining a transaction performance guaranty service with respect to an online commercial transaction;
processing, by the safe transaction service provider, the request by underwriting the first party in order to provide the transaction performance guaranty service to the first party, wherein the safe transaction service provider offers the transaction performance guaranty service that binds a transaction performance guaranty to an online commercial transaction involving the first party to guarantee the performance of the first party. - View Dependent Claims (97, 98, 99, 100, 101, 102, 103, 104, 105, 106, 107, 108, 109)
-
-
110. A machine readable medium encoded with instructions that, when executed, result in the following:
-
providing, by a safe transaction service provider, a transaction performance guaranty service to a first party;
requesting, by the first party, the safe transaction service provider to bind a transaction performance guaranty to a specific online commercial transaction involving the first party;
binding a transaction performance guaranty to the specific online commercial transaction;
entering the specific online transaction between the first party and the second party; and
activating the transaction performance guaranty bound to the specific online transaction. - View Dependent Claims (111, 112, 113, 114, 115)
-
Specification