Multi-party payment object oriented system and method

• US 8,170,922 B2
• Filed: 12/28/2010
• Issued: 05/01/2012
• Est. Priority Date: 04/09/2010
• Status: Active Grant

• Current Assignee: PayAsOne Intellectual Property Utilization LLC
• Original Assignee: PayAsOne LLC
• Inventors: Cavagnaro, James
• Primary Examiner(s): Airapetian, Mila
• Application Number:
  US12/980,105
• Publication Number:
  US 20110251922A1
• Time in Patent Office: 490 Days
• Field of Search: 705/26.1
• US Class Current: 705/26.1
• CPC Class Codes: G06Q 20/12 specially adapted for electronic shopping systems
• CPC Class Codes: G06Q 20/22 Payment schemes or models
• CPC Class Codes: G06Q 20/227 characterised in that multiple accounts are available, e.g. to the payer
• CPC Class Codes: G06Q 20/29 characterised by micropayments
• CPC Class Codes: G06Q 20/384 using social networks
• CPC Class Codes: G06Q 20/405 Establishing or using transaction specific rules
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions
• CPC Class Codes: G06Q 30/0601 Electronic shopping [e-shopping]
• CPC Class Codes: G06Q 30/0605 Supply or demand aggregation
• CPC Class Codes: G06Q 30/0613 Third-party assisted
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03

Abstract

The present invention involves a server for accommodating multiple payments in an e-commerce transaction. The server includes a processor with a communications device and software modules. The vendor software module is adapted to receive payment requirements from a vendor via the communications device, and also to receive payment parameters from an initiator. The payment parameters include an item payment amount and an identification of at least one contributor. The contributor software module is adapted to obtain payment information from at least one of the initiator and the contributors wherein the payment information is sufficient to authorize the commitment of funds to a transaction. The aggregation software module is adapted to send participation messages via the communications device to at least one contributor. The participation messages include information on the item, the item payment amount, and directions for the contributor to interact with the contributor module. Further, the aggregation software module maintains a total of committed funds and initiates a payment transaction when the committed funds are sufficient to pay the vendor the item payment amount.

Claims

1. A server for accommodating multiple party payments for a single item in an e-commerce transaction, said server comprising:

a processor with a communications device;

vendor software module capable of execution on said processor, said vendor software module adapted to receive payment requirements from a vendor via said communications device, and to receive payment parameters from an initiator via said communications device, said payment parameters including an item payment amount and an identification of at least one contributor;

contributor software module capable of execution on said processor, said contributor software module adapted to obtain payment information from at least two of the initiator and the at least one contributor wherein said payment information is sufficient to authorize the commitment of points to a transaction; and

aggregation software module capable of execution on said processor, said aggregation software module adapted to send a participation message via said communications device to at least one contributor, said participation message including information on the item, the item payment amount, and directions for the contributor to interact with said contributor software module, said aggregation software module further maintaining a total of committed points and initiating a payment transaction when the committed points are sufficient to pay the vendor the item payment amount.

2. The server of claim 1 wherein said vendor software module further includes a contributor designator software module enabling said contributor software module to collect a plurality of contributor identifiers, said contributor identifiers including at least two of:

a telephone number, a website user name, a social network user name, a user identifier from a known computer system, a financial institution account identifier, a rewards program identifier, and a frequent flyer program identifier.

3. The server of claim 1 wherein said contributor software module further includes communication software module for enabling said processor to communicate with said contributors through at least two of the following communications channels:

a local computer network, a wireless network, a wide area network, a wireless network, an electronic telephony network, radio, microwave, other telecommunications, a conventional voice telephony network, a retail outlet, and a paper based communication.

4. The server of claim 1 wherein said contributor software module further includes individual message software module enabling said processor to allow at least one of the initiator and a contributor to enter an individual message for at least one contributor.

5. The server of claim 1 wherein said aggregation software module further includes monitor software module for enabling said processor to display the current status of each contributor.

6. The server of claim 4 wherein said aggregation software module further enables the initiator to send a message to one of the contributors.

7. The server of claim 4 wherein said aggregation software module further includes software enabling said processor to automatically send reminder messages to one of the contributors according to a predetermined criteria.

8. The server of claim 1 wherein said contributor software module further includes software enabling said processor to accept contact information in conjunction with obtaining payment information, and providing the accepted contact information to the aggregation software module to send further participation messages.

9. The server of claim 8 wherein said contributor software module further includes software for detecting accepted contact information which has previously been sent a participation message.

10. A method for accommodating multiple party payments for a single item in an e-commerce transaction, said method comprising the steps of:

obtaining payment requirements from a vendor via a communications device of a computer, including obtaining payment parameters from an initiator via the communications device, the payment parameters including an item payment amount and an identification of at least one contributor;

obtaining payment information from at least two of the initiator and the at least one contributor via a communications device of the computer, wherein the payment information is sufficient to authorize the commitment of points to a transaction;

sending a participation message via the communications device of the computer to at least one contributor, the participation message including information on the item, the item payment amount, and directions for the contributor to interact with the computer; and

maintaining a total of committed points and initiating a payment transaction when the committed points are sufficient to pay the vendor the item payment amount.

11. The method of claim 10 wherein said obtaining vendor requirements further includes collecting a plurality of contributor identifiers, said contributor o including at least two of:

a telephone number, a website user name, a social network user name, a user identifier from a known computer system, a financial institution account identifier, a rewards program identifier, and a frequent flyer program identifier.

12. The method of claim 10 wherein said step of obtaining payment information further includes communicating with the contributors through at least one of the following communications channels:

a local computer network, a wireless network, a wide area network, a wireless network, an electronic telephony network, radio, microwave, other telecommunications, a conventional voice telephony network, a retail outlet, and a paper based communication.

13. The method of claim 10 wherein said obtaining payment information step further includes allowing the initiator to enter an individual message for at least one contributor.

14. The method of claim 10 wherein said maintaining step further includes displaying the current status of each contributor.

15. The method of claim 14 wherein said maintaining step further allows at least one of the initiator and a contributor to send a message to one of the contributors.

16. The method of claim 14 wherein said maintaining step further includes automatically sending reminder messages to one of the contributors according to a predetermined criteria.

17. The method of claim 14 wherein said obtaining step further includes the steps of accepting contact information in conjunction with obtaining payment information, and providing the accepted contact information to a computer software module to send further participation messages.

18. The method of claim 17 wherein said providing step includes detecting accepted contact information which has previously been sent a participation message.

19. Computer readable media storing a plurality of instructions for enabling a computer to perform the following method for accommodating multiple party payments for a single item in an e-commerce transaction which comprises the steps of:

obtaining payment requirements from a vendor via a communications device of a computer, including obtaining payment parameters from an initiator via the communications device, the payment parameters including an item payment amount and an identification of at least one contributor;

obtaining payment information from at least two of the initiator and the at least one contributor via a communications device of the computer, wherein the payment information is sufficient to authorize the commitment of points to a transaction;

sending a participation message via the communications device of the computer to at least one contributor, the participation message including information on the item, the item payment amount, and directions for the contributor to interact with the computer; and

maintaining a total of committed points and initiating a payment transaction when the committed points are sufficient to pay the vendor the item payment amount.

20. The media of claim 19 wherein said method step of obtaining vendor requirements further includes collecting a plurality of contributor identifiers, said contributor o including at least two of:

a telephone number, a website user name, a social network user name, a user identifier from a known computer system, a financial institution account identifier, a rewards program identifier, and a frequent flyer program identifier.

21. The media of claim 19 wherein said method step of obtaining payment information further includes communicating with the contributors through at least one of the following communications channels:

a local computer network, a wireless network, a wide area network, a wireless network, an electronic telephony network, radio, microwave, other telecommunications, a conventional voice telephony network, a retail outlet, and a paper based communication.

22. The media of claim 19 wherein said method step of obtaining payment information further an includes allowing the initiator to enter an individual message for at least one contributor.

23. The media of claim 19 wherein said method step of maintaining further includes displaying the current status of each contributor.

24. The media of claim 23 wherein said method step of maintaining further allows at least one of the initiator and a contributor to send a message to one of the contributors.

25. The media of claim 23 wherein said method step of maintaining further includes automatically sending reminder messages to one of the contributors according to a predetermined criteria.

26. The media of claim 19 wherein said method step of obtaining step further includes the steps of accepting contact information in conjunction with obtaining payment information, and providing the accepted contact information to a computer software module to send further participation messages.

27. The media of claim 26 wherein said method step of providing step includes detecting accepted contact information which has previously been sent a participation message.