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System and method for effecting auction item payments through a network portal

  • US 20080162347A1
  • Filed: 12/27/2006
  • Published: 07/03/2008
  • Est. Priority Date: 12/27/2006
  • Status: Active Grant
First Claim
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1. An auction payment support portal comprising:

  • an open network interface;

    a seller database in which data associated with a seller are stored;

    a buyer manager configured to verify auction purchase data received from a merchant terminal;

    an auction site manager configured to verify auction transaction data with an auction server; and

    a transaction payment service manager configured to communicate data messages with an auction payment service server to transfer funds for a verified auction transaction.

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