Financial transaction system
First Claim
1. A financial transaction system comprising:
- a) a first bank computer containing financial data therein, said financial data including customer account numbers and available credit data, said first bank computer including means for generating an authorization indicia in response to queries containing a customer account number and amount;
b) a merchant computer containing promotional data;
c) a customer computer being linked with said merchant computer and receiving said promotional data; and
,d) a financial processing computer remote from said merchant computer and having means for;
1) receiving customer account data and amount data from said customer computer,2) querying said first bank computer with said customer account data and said amount data,3) receiving an authorization indicia from said first bank computer,4) communicating a self-generated transaction indicia to said customer computer, and,5) communicating the self-generated transaction indicia to said merchant computer.
2 Assignments
0 Petitions
Accused Products
Abstract
An automated payment system particularly suited for purchases over a distributed computer network such as the Internet. In such a distributed computer network, a merchant or vending computer contains certain promotional information which is communicated to a customer'"'"'s computer. Based upon the promotional information, the operator of the customer'"'"'s computer decides to purchase the services or goods described by the promotional information. The customer'"'"'s computer is linked to a payment processing computer and the customer'"'"'s credit card number and the amount of the goods or services is transmitted to the payment processing computer. The payment processing computer automatically contacts a bank for verification of the credit card and amount; the bank transmits an authorization to the payment processing computer. The payment processing computer communicates a self-generated transaction indicia, and in some embodiments a password, to the customer'"'"'s computer. In the embodiment where a password is used, the customer'"'"'s computer uses the password with the merchant'"'"'s computer in obtaining access to protected information or to establish shipping instructions.
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Citations
26 Claims
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1. A financial transaction system comprising:
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a) a first bank computer containing financial data therein, said financial data including customer account numbers and available credit data, said first bank computer including means for generating an authorization indicia in response to queries containing a customer account number and amount; b) a merchant computer containing promotional data; c) a customer computer being linked with said merchant computer and receiving said promotional data; and
,d) a financial processing computer remote from said merchant computer and having means for; 1) receiving customer account data and amount data from said customer computer, 2) querying said first bank computer with said customer account data and said amount data, 3) receiving an authorization indicia from said first bank computer, 4) communicating a self-generated transaction indicia to said customer computer, and, 5) communicating the self-generated transaction indicia to said merchant computer. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12)
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13. An automated payment processing computer comprising:
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a) automated means for receiving customer account data from a customer computer; b) automated means for establishing an amount data for a customer selected product; c) automated means for querying a bank computer with said customer account data and said amount data and receiving an authorization indicia and payment from said bank computer; and
,d) automated means for communicating a self-generated transaction indicia to a remote merchant computer. - View Dependent Claims (14, 15, 16, 17, 18, 19, 20, 21)
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22. An internet payment system comprising:
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a) a first link between a customer computer and a vending computer for communicating promotional information from said vending computer to said customer computer; b) a second link, initiated by said customer computer, between said customer computer and a payment processing computer, remote from said vending computer, for communicating credit card information and amount from said customer computer to said payment processing computer; c) a third link, initiated by said payment processing computer with a credit card server computer for communicating said credit card information and said amount from said payment processing computer to said credit card server computer, and for communicating, in response, an authorization indicia from said credit card server computer to said payment processing computer; and
,d) a fourth link between said payment processing computer and said customer computer for communicating a transactional indicia. - View Dependent Claims (23, 24, 25, 26)
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Specification