Internet micro payments system

• US 20080201260A1
• Filed: 02/16/2007
• Published: 08/21/2008
• Est. Priority Date: 02/16/2007
• Status: Abandoned Application

• Current Assignee: Toby Unwin
• Original Assignee: Toby Unwin
• Inventors: Unwin, Toby
• Application Number:
  US11/675,820
• Publication Number:
  US 20080201260A1
• Time in Patent Office: Days
• US Class Current: 705/40
• CPC Class Codes: G06Q 20/102 Bill distribution or payments
• CPC Class Codes: G06Q 20/12 specially adapted for electronic shopping systems
• CPC Class Codes: G06Q 20/29 characterised by micropayments
• CPC Class Codes: G06Q 30/04 Billing or invoicing
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes

Abstract

The present invention is directed to a method of micro payments over the internet. A user would establish an account with the micropayment service. The user would fund the account via funding method such as a credit card, PayPal, wire transfer, or other method. The user would fund a minimum amount.

Claims

1. A method for making micropayments comprising the steps:

having a user establish an account with a system, funding said account and using said account to make a micropayment.

2. The method as defined in claim 1, wherein said account would be funded with a minimum amount.

3. The method as defined in claim 1, where said payments are made to a company that accepts payment from said system.

4. The method as defined in claim 3, wherein said company does business on a website.

5. The method as defined in claim 1, where said the cost of clicking is displayed to the user.

6. The method as defined in claim 1, where said system will recognize the user'"'"'s I.P. address.

7. The method as defined in claim 1, where said user can log in to the system with a username and password.

8. The method as defined in claim 1, where said confirms that the account has enough balance to cover the mircopayment.

9. The method as defined in claim 1, where said system will notify a user of a low balance.

10. The method as defined in claim 1, where said system charges a percentage of the transaction.

11. The system as defined in claim 1, where said system will have advertisement.

12. A method for making micropayments comprising the steps:

having a user establish an account with a system, funding said account and using said account to make a micropayment, where said account would be funded with a minimum amount, where said payments are made to a company that accepts payment from said system where said confirms that the account has enough balance to cover the micropayment.

13. The method as defined in claim 12, wherein said company does business on a website.

14. The method as defined in claim 12, where said the cost of clicking is displayed to the user.

15. The method as defined in claim 12, where said system will recognize the user'"'"'s I.P. address.

16. The method as defined in claim 12, where said user can log in to the system with a username and password.

17. The method as defined in claim 12, where said system will notify a user of a low balance.

18. The method as defined in claim 12, where said system charges a percentage of the transaction.

19. The system as defined in claim 12, where said system will have advertisement.