Method and system automatically to remind parties to a network-based transaction to comply with obligations established under a transaction agreement
First Claim
1. A method to facilitate a network-based commerce transaction, the method including:
- recording establishment of a commerce transaction agreement between the first and second parties for purchase of an offering, wherein the commerce transaction agreement is established utilizing a network-based transaction system and wherein the commerce transaction agreement imposes first and second obligations on the first and second parties, respectively; and
automatically presenting a reminder option to the first party that is exercisable by the first party to remind the second party to comply with the obligations of the second party imposed under the commerce transaction agreement.
2 Assignments
0 Petitions
Accused Products
Abstract
A method to facilitate a network-based commerce transaction commences with the recording of a transaction agreement (e.g., a item purchase transaction) between a buyer and a seller. The transaction agreement is established utilizing a network-based transaction system (e.g., an online auction facility). A reminder option is automatically presented to the seller a predetermined time period after the establishment of the transaction agreement. The seller may exercise the reminder option to cause an electronic reminder (e.g., an e-mail message), to be communicated to one or more buyers. The communication encourages the buyer to comply with obligations established by the commerce transaction agreement by making payment to the seller. By automatically prompting sellers to issue reminders to buyers a predetermined time period after the establishment of a commerce transaction, for example, the number of occurrences of non-paying buyers may be reduced.
57 Citations
35 Claims
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1. A method to facilitate a network-based commerce transaction, the method including:
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recording establishment of a commerce transaction agreement between the first and second parties for purchase of an offering, wherein the commerce transaction agreement is established utilizing a network-based transaction system and wherein the commerce transaction agreement imposes first and second obligations on the first and second parties, respectively; and automatically presenting a reminder option to the first party that is exercisable by the first party to remind the second party to comply with the obligations of the second party imposed under the commerce transaction agreement. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17)
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18. A system to facilitate a network-based commerce transaction, the system including:
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a database to record establishment of a commerce transaction agreement between the first and second parties for purchase of an offering, wherein the commerce transaction agreement is established utilizing a network-based transaction system and wherein the commerce transaction agreement imposes first and second obligations on the first and second parties, respectively; and a communication engine automatically to present a reminder option to the first party that is exercisable by the first party to remind the second party to comply with the obligations of the second party imposed under the commerce transaction agreement. - View Dependent Claims (19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34)
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35. A computer-readable medium storing a sequence of instructions that, when executed by a machine, cause of the machine to:
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record establishment of a commerce transaction agreement between the first and second parties for purchase of an offering, wherein the commerce transaction agreement is established utilizing a network-based transaction system and wherein the commerce transaction agreement imposes first and second obligations on the first and second parties, respectively; and automatically present a reminder option to the first party that is exercisable by the first party to remind the second party to comply with the obligations of the second party imposed under the commerce transaction agreement.
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Specification