METHOD AND SYSTEM OF FACILITATING A PURCHASE BETWEEN A BUYER AND A SELLER

• US 20080208693A1
• Filed: 02/27/2008
• Published: 08/28/2008
• Est. Priority Date: 02/27/2007
• Status: Active Grant

• Current Assignee: Emigrant Bank (New York Private Bank & Trust Corp.)
• Original Assignee: Emigrant Bank (New York Private Bank & Trust Corp.)
• Inventors: Seldin, David M., MILSTEIN, HOWARD P., Gregerson, Daniel P.
• Granted Patent: US 9,785,984 B2
• Time in Patent Office: Days
• US Class Current: 705/14
• CPC Class Codes: G06Q 20/02 involving a neutral party, e.g. certification authority, notary or trusted third party [TTP]
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 30/0215 Including financial accounts
• CPC Class Codes: G06Q 30/0236 Incentive or reward received by requiring registration or ID from user
• CPC Class Codes: G06Q 30/0239 Online discounts or incentives
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions

Abstract

A computerized system and/or method of facilitating a purchase between a buyer and a seller, comprising: a computer storing personal information from a buyer; the computer utilizing the information to assign an account identifier to the buyer, the account identifier not including the personal information of the buyer; the computer allowing the buyer to use the account identifier to process payment for a purchase from a seller, such that the seller does not obtain the personal information of the buyer; and the computer crediting the at least one buyer with at least one reward for using the at least one account identifier if the at least one buyer utilizes the at least one account identifier to make the at least one purchase.

Claims

1. A computerized method of facilitating at least one purchase over at least one network between at least one buyer and at least one seller, comprising:

at least one computer storing signals representing personal information from the at least one buyer;

the at least one computer utilizing the personal information to assign at least one account identifier to the at least one buyer, the at least one account identifier not including the personal information of the at least one buyer;

the at least one computer allowing the at least one buyer to use the at least one account identifier to process payment using signals over the at least one network for the at least one purchase from the at least one seller, such that the at least one seller does not obtain the personal information of the at least one buyer; and

the at least one computer crediting the at least one buyer with at least one reward for using the at least one account identifier if the at least one buyer utilizes the at least one account identifier to make the at least one purchase.

2. The method of claim 1, wherein the at least one account identifier is tied by the at least one computer to at least one savings account and/or at least one checking account.

3. The method of claim 1, wherein the at least one account identifier is tied by the at least one computer to at least one credit account.

4. The method of claim 3, wherein the at least one credit account is:

at least one line of credit and/or at least one credit card.

5. The method of claim 1, wherein at least one reward different than the at least one reward for utilizing cash is credited by the at least one computer if the at least one buyer utilizes credit to make the at least one purchase.

6. The method of claim 1, further comprising:

the at least one computer sending and/or making available information to at least one delivery entity tying the personal information of the at least one buyer to purchase information;

the at least one computer requiring the at least one seller to send and/or make available any purchased items and/or related documentation to the at least one delivery entity; and

the at least one computer requiring the at least one delivery entity to deliver and/or make available any purchased items and/or related documentation to the at least one buyer by matching the purchase information with the personal information of the at least one buyer to obtain personal information required to deliver and/or make available any purchased items and/or related documentation.

7. The method of claim 1, wherein the at least one reward is a discount on the at least one purchase.

8. The method of claim 1, further comprising:

the at least one computer receiving confirmation of the at least one purchase; and

the at least one computer forwarding and/or making available the confirmation to the at least one buyer.

9. The method of claim 1, wherein the at least one buyer is only required by the at least one computer to provide the personal information once, but is allowed to utilize the at least one account identifier multiple times.

10. The method of claim 1, wherein the personal information includes:

name information;

address information;

email address information;

phone number information;

or

financial information;

or

any combination thereof.

11. The method of claim 1, further comprising:

requiring the at least one buyer to enter password information associated with the at least one account identifier.

23. The method of claim 1, further comprising:

the at least one computer allowing the at least one buyer to choose to use cash or credit for the at least one purchase.

25. The method of claim 6, wherein the purchase information comprises the at least one account identifier.

27. The method of claim 1, wherein the at least one purchase and/or any related documentation is made available directly from the at least one seller to the at least one buyer.

29. The method of claim 1, wherein the at least one buyer can choose to provide personal information to the at least one seller.

31. The method of claim 1, wherein the at least one buyer uses the at least one account identifier to make the at least one purchase from the at least one seller using at least a first communications channel;

and wherein authorization from the at least one buyer for the at least one purchase is requested using at least a second communications channel.

33. The method of claim 1, wherein an existing payment method on at least one seller'"'"'s website is used to accept the at least one account identifier.

12. A computerized system for facilitating at least one purchase over at least one network between at least one buyer and at least one seller, comprising at least one computer with at least one application configured for:

storing signals representing personal information from the at least one buyer;

utilizing the personal information to assign at least one account identifier to the at least one buyer, the at least one account identifier not including personal information of the at least one buyer; and

allowing the at least one buyer to use the at least one account identifier to process payment using signals over the at least one network for the at least one purchase from the at least one seller, such that the at least one seller does not obtain the personal information of the at least one buyer;

crediting the at least one buyer with at least one reward for using the at least one account identifier if the at least one buyer utilizes the at least one account identifier to make the at least one purchase.

13. The system of claim 12, wherein the at least one account identifier is tied to at least one savings account and/or at least one checking account.

14. The system of claim 12, wherein the at least one account identifier is tied to at least one credit account.

15. The system of claim 14, wherein the at least one credit account is:

at least one line of credit and/or at least one credit card.

16. The system of claim 12, wherein at least one reward different than the at least one reward for utilizing cash is credited if the at least one buyer utilizes credit to make the at least one purchase.

17. The system of claim 12, wherein the at least one application is also configured for:

sending and/or making available information to at least one delivery entity tying the personal information of the at least one buyer to purchase information;

requiring the at least one seller to send and/or make available any purchased items and/or related documentation to the at least one delivery entity; and

requiring the at least one delivery entity to deliver and/or make available any purchased items and/or related documentation to the at least one buyer by matching the purchase information with the personal information of the at least one buyer to obtain personal information required to deliver and/or make available any purchased items and/or related documentation.

18. The system of claim 12, wherein the at least one reward is a discount on the purchase.

19. The system of claim 12, wherein the at least one application is configured for:

receiving confirmation of the at least one purchase;

forwarding and/or making available the confirmation to the at least one buyer.

20. The system of claim 12, wherein the at least one buyer is only required to provide the personal information once, but is allowed to utilize the at least one account identifier multiple times.

21. The system of claim 12, wherein the personal information includes:

name information;

address information;

email address information;

phone number information;

or

financial information;

or

any combination thereof.

22. The system of claim 12, wherein the at least one application is also configured for:

requiring the at least one buyer to enter password information associated with the at least one account identifier.

24. The system of claim 12, wherein the at least one application is further configured for:

allowing the at least one buyer to choose cash or credit for the at least one purchase.

26. The system of claim 17, wherein the purchase information comprises the at least one account identifier.

28. The system of claim 12, wherein the at least one purchase and/or any related documentation is made available directly from the at least one seller to the at least one buyer.

30. The system of claim 12, wherein the at least one buyer can choose to provide personal information to the at least one seller.

32. The system of claim 12, wherein the at least one application is also configured for:

facilitating the at least one buyer using the at least one account identifier to make the at least one purchase from the at least one seller using at least a first communications channel; and

requesting authorization from the at least one buyer for the at least one purchase using at least a second communications channel.

34. The system of claim 12, wherein an existing payment method on at least one seller'"'"'s website is used to accept the at least one account identifier.