Conditional purchase offer management system for event tickets

• US 6,240,396 B1
• Filed: 09/04/1997
• Issued: 05/29/2001
• Est. Priority Date: 09/04/1996
• Status: Expired due to Term

• Current Assignee: Priceline.com LLC (Booking Holdings, Inc., fka Priceline Group Inc.)
• Original Assignee: Priceline Com Incorporated (Booking Holdings, Inc., fka Priceline Group Inc.)
• Inventors: Jorasch, James A., Van Luchene, Andrew S., Schneier, Bruce, Sparico, Thomas M., Lech, Robert R., Walker, Jay S.
• Primary Examiner(s): Voeltz, Emanuel Todd
• Assistant Examiner(s): Hayes, John W.
• Application Number:
  US08/923,530
• Time in Patent Office: 1,363 Days
• Field of Search: 705/26, 705/1, 705/5, 705/13, 705/15, 705/27, 705/37, 705/35, 295/226, 295/228, 295/236, 295/237, 295/239, 340/825.3
• US Class Current: 705/5
• CPC Class Codes: G06Q 10/02 Reservations, e.g. for tickets, services or events
• CPC Class Codes: G06Q 20/00 Payment architectures, schemes or protocols apparatus for performing or posting payment transactions G07F7/08, G07F19/00; electronic cash registers G07G1/12
• CPC Class Codes: G06Q 20/02 involving a neutral party, e.g. certification authority, notary or trusted third party [TTP]
• CPC Class Codes: G06Q 20/04 Payment circuits
• CPC Class Codes: G06Q 20/12 specially adapted for electronic shopping systems
• CPC Class Codes: G06Q 20/24 Credit schemes, i.e. "pay after"
• CPC Class Codes: G06Q 20/403 Solvency checks
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions
• CPC Class Codes: G06Q 30/08 Auctions
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
• CPC Class Codes: G07F 9/026 for alarm, monitoring and auditing in vending machines or means for indication, e.g. when empty

Abstract

A system for managing conditional purchase offers is disclosed where an individual searching for a ticket to a particular event may provide a guaranteed purchase offer to a plurality of potential sellers. Various methods and systems for completing such a transaction are also disclosed. An exemplary method includes: making available a guaranteed purchase offer to a plurality of potential sellers; potential sellers examining offers corresponding to a ticket they possess; and a potential seller providing an acceptance to the guaranteed purchase offer. The disclosure describes a method of payment whereby both the buyer and seller must provide credit card pre-authorization to ensure payment and delivery of the ticket. Also, one embodiment discloses a delivery of the ticket that includes the participation of the venue hosting the event. In this embodiment, the traditional practice of exchanging tickets for cash is replaced with an electronic serial number system. According to this system, the venue may be notified to cancel the serial number originally assigned to the ticket held by the seller, and re-assign a new serial number directly to the buyer. The buyer may then exchange this number for a ticket at the venue box office.

Claims

1. A method for electronically completing a transaction between a remote prospective event ticket buyer and a remote potential event ticket seller, comprising:

electronically receiving from said buyer a purchase offer for an event ticket containing at least one condition, an account number from a general purpose financial account, and authorization to charge said general purpose financial account for a purchase meeting said at least one condition;

electronically making available said purchase offer to a plurality of remote potential event ticket sellers;

electronically receiving from at least one of said remote potential event ticket sellers an unconditional acceptance of said purchase offer;

electronically transmitting a replacement ticket number associated with said event ticket to said buyer; and

electronically receiving a second general purpose financial account number from said seller and authorization to charge an account identified by said second general purpose account number; and

processing a charge applied to said account.

2. A method for electronically completing a transaction between a remote prospective event ticket buyer and a remote potential event ticket seller, comprising:

electronically receiving from said buyer a purchase offer for an event ticket containing at least one condition, an account number from a general purpose financial account, and authorization to charge said general purpose financial account for a purchase meeting said at least one condition;

electronically making available said purchase offer to a plurality of remote potential event ticket sellers;

electronically receiving from at least one of said remote potential event ticket sellers an unconditional acceptance of said purchase offer;

electronically receiving a signal representing a ticket number associated with said event ticket and processing a payment to said seller; and

electronically transmitting a replacement ticket number associated with said event ticket to said buyer.

3. A method for electronically completing a transaction between a remote prospective event ticket buyer and a remote potential event ticket seller, comprising:

electronically receiving from said buyer a purchase offer for an event ticket containing at least one condition, an account number from a general purpose financial account, and authorization to charge said general purpose financial account for a purchase meeting said at least one condition;

electronically making available said purchase offer to a plurality of remote potential event ticket sellers;

electronically receiving from at least one of said remote potential event ticket sellers an unconditional acceptance of said purchase offer;

electronically transmitting a replacement ticket number associated with said event ticket to said buyer; and

electronically storing data representing a cancellation of said event ticket.

4. A method for electronically completing a transaction between a remote prospective event ticket buyer and a remote potential event ticket seller, comprising:

electronically receiving from said buyer a purchase offer for an event ticket containing at least one condition, an account number from a general purpose financial account, and authorization to charge said general purpose financial account for a purchase meeting said at least one condition;

receiving name data representing an identity of said buyer;

storing said name data to associate said identity of said buyer with said event ticket;

electronically making available said purchase offer to a plurality of remote potential event ticket sellers;

electronically receiving from at least one of said remote potential event ticket sellers an unconditional acceptance of said purchase offer; and

electronically transmitting a replacement ticket number associated with said event ticket to said buyer.

5. A method for electronically completing a transaction between a remote prospective event ticket buyer and a remote potential event ticket seller, comprising:

electronically receiving from said buyer a purchase offer for an event ticket containing at least one condition, an account number from a general purpose financial account, and authorization to charge said general purpose financial account for a purchase meeting said at least one condition;

electronically making available said purchase offer to a plurality of remote potential event ticket sellers;

electronically receiving from at least one of said remote potential event ticket sellers an unconditional acceptance of said purchase offer;

electronically transmitting a replacement ticket number associated with said event ticket to said buyer; and

transmitting to a venue controller a ticket identifier associated with said event ticket.

6. The method of claim 5, wherein the step of determining said replacement ticket identifier includes the step of receiving said replacement ticket identifier from said venue controller.

7. A method for electronically completing a transaction between a remote prospective event ticket buyer and a remote potential event ticket seller, comprising:

electronically receiving from said buyer a purchase offer for an event ticket containing at least one condition, an account number from a general purpose financial account, and authorization to charge said general purpose financial account for a purchase meeting said at least one condition;

electronically making available said purchase offer to a plurality of remote potential event ticket sellers;

electronically receiving from at least one of said remote potential event ticket sellers an unconditional acceptance of said purchase offer; and

electronically transmitting a replacement ticket number associated with said event ticket to said buyer, wherein said replacement ticket number includes an original ticket identifier.

8. A computer-readable storage medium encoded with processing instructions for implementing a method for electronically completing a transaction between a remote prospective event ticket buyer and a remote potential event ticket seller, said processing instructions for directing a computer to perform the steps of:

electronically receiving from said buyer a purchase offer for an event ticket containing at least on condition, an account number from a general purpose financial account, and authorization to charge said general purpose financial account for a purchase meeting said at least one condition;

electronically making available said purchase offer to a plurality of remote potential event ticket sellers;

electronically receiving from at least one of said remote potential event ticket sellers an unconditional acceptance of said purchase offer;

electronically transmitting a replacement ticket number associated with said event ticket to said buyer;

electronically receiving a second general purpose financial account number from said seller and authorization to charge an account identified by said second general purpose account number; and

processing a charge applied to said account.

9. A computer-readable storage medium encoded with processing instructions for implementing a method for electronically completing a transaction between a remote prospective event ticket buyer and a remote potential event ticket seller, said processing instructions for directing a computer to perform the steps of:

electronically receiving from said buyer a purchase offer for an event ticket containing at least on condition, an account number from a general purpose financial account, and authorization to charge said general purpose financial account for a purchase meeting said at least one condition;

receiving name data representing an identity of said buyer;

storing said name data to associate said identity of said buyer with said event ticket;

electronically making available said purchase offer to a plurality of remote potential event ticket sellers;

electronically receiving from at least one of said remote potential event ticket sellers an unconditional acceptance of said purchase offer; and

electronically transmitting a replacement ticket number associated with said event ticket to said buyer.

10. A computer-readable storage medium encoded with processing instructions for implementing a method for electronically completing a transaction between a remote prospective event ticket buyer and a remote potential event ticket seller, said processing instructions for directing a computer to perform the steps of:

electronically receiving from said buyer a purchase offer for an event ticket containing at least on condition, an account number from a general purpose financial account, and authorization to charge said general purpose financial account for a purchase meeting said at least one condition;

electronically making available said purchase offer to a plurality of remote potential event ticket sellers;

electronically receiving from at least one of said remote potential event ticket sellers an unconditional acceptance of said purchase offer; and

electronically transmitting a replacement ticket number associated with said event ticket to said buyer; and

transmitting to a venue controller a ticket identifier associated with said event ticket.

11. The article of manufacture of claim 10 wherein the step of determining said replacement ticket identifier includes the step of receiving said replacement ticket identifier from said venue controller.

12. A computer-readable storage medium encoded with processing instructions for implementing a method for electronically completing a transaction between a remote prospective event ticket buyer and a remote potential event ticket seller, said processing instructions for directing a computer to perform the steps of:

electronically receiving from said buyer a purchase offer for an event ticket containing at least on condition, an account number from a general purpose financial account, and authorization to charge said general purpose financial account for a purchase meeting said at least one condition;

electronically making available said purchase offer to a plurality of remote potential event ticket sellers;

electronically receiving from at least one of said remote potential event ticket sellers an unconditional acceptance of said purchase offer; and

electronically transmitting a replacement ticket number associated with said event ticket to said buyer,

wherein said replacement ticket number includes an original ticket identifier.