Method and apparatus for facilitating online payment transactions in a network-based transaction facility
First Claim
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1. A system to transfer payment to a seller associated with a transaction facility, the system comprising:
- a risk management system to evaluate a risk level involved in a payment transaction using a scoring algorithm based on seller-specific criteria; and
a payment processing system to process a payment based on the evaluation.
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Abstract
A method and a system to transfer payment to a seller associated with a transaction facility are described. In one aspect, a risk level involved in a payment transaction using a scoring algorithm is evaluated based on seller-specific criteria; and a payment is processed based on the evaluation.
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Citations
17 Claims
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1. A system to transfer payment to a seller associated with a transaction facility, the system comprising:
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a risk management system to evaluate a risk level involved in a payment transaction using a scoring algorithm based on seller-specific criteria; and
a payment processing system to process a payment based on the evaluation. - View Dependent Claims (2, 3, 4, 5, 6, 7)
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8. A method to transfer payment to a'"'"'seller associated with a transaction facility, the method comprising:
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evaluating a risk level involved in a payment transaction using a scoring algorithm based on seller-specific criteria; and
processing a payment based on the evaluation. - View Dependent Claims (9, 10, 11, 12, 13, 14, 15)
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16. A system to transfer payment to a seller associated with a transaction facility, the system comprising:
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means for evaluating a risk level involved in a payment transaction using a scoring algorithm based on seller-specific criteria; and
means for processing a payment based on the evaluation. - View Dependent Claims (17)
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Specification