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Online transaction system

  • US 20080071635A1
  • Filed: 05/30/2007
  • Published: 03/20/2008
  • Est. Priority Date: 09/15/2006
  • Status: Abandoned Application
First Claim
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1. An online transaction system for enabling a merchant to post details relating to a product or service and for enabling a purchaser to view and purchase the product or service, the system comprising:

  • at least a web server and/or at least a database server;

    a first remote computer connecting the web server and/or database server to a security authentication server; and

    memory for specifying and storing a minimum quantity of said product or service which must be purchased to consummate a transaction, wherein said system authorizes a transaction when one or more purchasers agree to purchase at least said specified quantity of products or services.

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