Secure purchase transaction method using telephone number
First Claim
1. A method of completing a purchase utilizing a first electronic network and a second electronic network;
- comprising the steps of;
(a) registering over the second electronic network a customer'"'"'s financial information in a central processing center;
(b) ordering over the first electronic network a good or service that the customer desires to purchase from a merchant;
(c) supplying identifying information to the merchant pertaining to the customer;
(d) supplying information from the merchant to the processing center pertaining to the purchase;
(e) establishing, over the second electronic network a contact between the customer and the processing center in which the customer is identified to the processing center and the customer is enabled to express intent to complete the purchase; and
(f) debiting an account of the customer and crediting an account of the merchant using electronic means in order to complete the purchase.
6 Assignments
0 Petitions
Accused Products
Abstract
A method of completing a purchase utilizing a first network and a second network, the method being applicable for example to a case in which the second network (which may be the public telephone system) is considered by knowledgeable people to be more secure than the first network (which may be the Internet). The method comprises the steps of (a) registering over the second network a customer'"'"'s financial information in a central processing center; (b) ordering over the first network a good or service that the customer desires to purchase from a merchant; (c) supplying identifying information to the merchant pertaining to the customer; (d) supplying information from the merchant to the processing center pertaining to the purchase; (e) establishing a contact between the customer and the processing center in which the customer is identified to the processing center and the customer expresses intent to complete the purchase; and (f) debiting an account of the customer and crediting an account of the merchant in order to complete the purchase.
501 Citations
20 Claims
-
1. A method of completing a purchase utilizing a first electronic network and a second electronic network;
- comprising the steps of;
(a) registering over the second electronic network a customer'"'"'s financial information in a central processing center; (b) ordering over the first electronic network a good or service that the customer desires to purchase from a merchant; (c) supplying identifying information to the merchant pertaining to the customer; (d) supplying information from the merchant to the processing center pertaining to the purchase; (e) establishing, over the second electronic network a contact between the customer and the processing center in which the customer is identified to the processing center and the customer is enabled to express intent to complete the purchase; and (f) debiting an account of the customer and crediting an account of the merchant using electronic means in order to complete the purchase. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15)
- comprising the steps of;
-
16. A method of operation of a processing center for carrying out an electronic financial transaction utilizing a first electronic network and a second electronic network, comprising the steps of:
-
receiving a customer'"'"'s financial information in said processing center using the second electronic network; verifying the source of the customer'"'"'s financial information; receiving information in said processing center pertaining to a good or service selected over the first electronic network that the customer desires to purchase from a merchant; and establishing contact between the customer and the processing center by a telephone number in which the customer is identified to the processing center and the customer is enabled to express intent to complete the purchase. - View Dependent Claims (17, 18, 19, 20)
-
Specification