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SYSTEM AND METHOD FOR PROCESSING AN ELECTRONIC ORDER

  • US 20150170254A1
  • Filed: 06/27/2013
  • Published: 06/18/2015
  • Est. Priority Date: 06/28/2012
  • Status: Abandoned Application
First Claim
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1. A method for processing an electronic order, the method carried out at a remotely accessible server and comprising the steps of:

  • through a first interface with an ordering entity, receiving an order for an item placed by a consumer with the ordering entity, the order including an identification of the item ordered, delivery details, a price for the item, and a vendor from whom the item is desired;

    through a second interface with a number of vendors, transmitting the order to the vendor identified in the order;

    receiving a notification from the vendor indicating that the order has been accepted and subsequently receiving a notification from the vendor that the order is ready for fulfillment;

    upon receiving a notification that the order is ready for fulfillment, through a third interface with a number of delivery providers, transmitting a delivery instruction to a delivery provider able to fulfil the delivery;

    receiving a notification from the delivery provider that the delivery has been fulfilled;

    computing a delivery fee due to the delivery provider for delivery of the item based on a pre-set delivery fee formula;

    updating a ledger account of the delivery provider with the delivery fee;

    updating a ledger account of the vendor with the price for the item minus the delivery fee; and

    at regular intervals, determining the amount owed between the vendor and the delivery provider and optionally instructing a payment gateway to facilitate settlement thereof.

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