Confirming local marketplace transaction consummation for online payment consummation

• US 8,429,084 B1
• Filed: 08/15/2012
• Issued: 04/23/2013
• Est. Priority Date: 10/27/2011
• Status: Active Grant

• Current Assignee: Boom! Payments, Inc.
• Original Assignee: Boom! Payments, LLC
• Inventors: Bogaard, Erik T.
• Primary Examiner(s): Rosen, Nicholas D
• Application Number:
  US13/586,560
• Publication Number:
  US 20130110721A1
• Time in Patent Office: 251 Days
• Field of Search: 705/26.1, 705/26.41, 705/64, 705/75, 705/76, 705/77, 705/78
• US Class Current: 705/64
• CPC Class Codes: G06Q 20/02 involving a neutral party, e.g. certification authority, notary or trusted third party [TTP]
• CPC Class Codes: G06Q 20/085 involving remote charge determination or related payment systems
• CPC Class Codes: G06Q 20/0855 involving a third party
• CPC Class Codes: G06Q 20/12 specially adapted for electronic shopping systems
• CPC Class Codes: G06Q 20/382 insuring higher security of transaction
• CPC Class Codes: G06Q 20/3821 Electronic credentials
• CPC Class Codes: G06Q 20/40 Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
• CPC Class Codes: G06Q 20/401 Transaction verification
• CPC Class Codes: G06Q 20/4014 Identity check for transactions
• 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 30/0609 Buyer or seller confidence or verification
• CPC Class Codes: G06Q 30/0613 Third-party assisted

Abstract

Exemplary embodiment of the present invention would provide systems, including Internet-based systems, and computer-implemented methods, for providing online Buyers and Sellers who physically transact an exchange of an item at a local meeting place, indicia of confirmation of the exchange on which to base a background online payment. In particular, exemplary embodiments of the present invention would provide a way for Buyers and/or Sellers to input an identifier for online authentication to confirm that a physical exchange of an item sold had been transacted and that would accordingly provide an online system with a basis to charge the relevant Buyer'"'"'s account for a sale amount and pay the Seller for the item sold.

Claims

1. An Internet-based computer system for confirming that a sale transaction has been consummated, said Internet-based computer system comprising at least one server computer programmed to:

in response to a buyer request by a buyer to be able to purchase an item featured for sale by a seller, receive a buyer definition of a transaction-specific identifier of payment authorization; and

store in a computer-accessible memory, information comprising a relationship between the buyer definition of said transaction-specific identifier of payment authorization, an identification of the buyer, and an identification of the seller.

2. The Internet-based computer system of claim 1, wherein the buyer definition of said identifier of payment authorization comprises an identifier that is unique for a particular period of time within said Internet-based computer system, said at least one server computer further programmed to:

receive from the seller a communication comprising a transaction identifier and a seller identification;

determine, according to said information stored in said computer-accessible memory, whether the transaction identifier comprises the buyer definition of said transaction-specific identifier of payment authorization and whether the seller identification comprises the identification of the seller; and

for the communication wherein the transaction identifier comprises the buyer definition of said transaction-specific identifier of payment authorization, and the seller identification comprises the identification of the seller, charge an account associated with the buyer for an amount associated with the item featured for sale.

3. The Internet-based computer system of claim 2, said at least one server computer further programmed to:

for the communication wherein the transaction identifier comprises the buyer definition of said transaction-specific identifier of payment authorization, and the seller identification comprises the identification of the seller, credit an account associated with the seller for at least a portion of the amount associated with the item featured for sale.

4. The Internet-based computer system of claim 1, wherein said information stored in said computer-accessible memory further comprises an identification of the item featured for sale, said at least one server computer further programmed to:

receive from the seller a communication of a transaction identifier, a seller identification and an identification of an item being sold;

determine, according to said information stored in said computer-accessible memory, whether the transaction identifier comprises the buyer definition of said transaction-specific identifier of payment authorization, whether the seller identification comprises the identification of the seller, and whether the identification of an item being sold corresponds to the identification of the item featured for sale; and

for the communication wherein the transaction identifier comprises the buyer definition of said transaction-specific identifier of payment authorization, the seller identification comprises the identification of the seller, and the identification of the item being sold corresponds to the identification of the item featured for sale, charge an account associated with the buyer for an amount associated with the item featured for sale.

5. The Internet-based computer system of claim 4, said at least one server computer further programmed to:

for the communication wherein the transaction identifier comprises the buyer definition of said transaction-specific identifier of payment authorization, and the seller identification comprises the identification of the seller, credit an account associated with the seller for at least a portion of the amount associated with the item featured for sale.

6. An Internet-based computer system for confirming that a sale transaction has been consummated, said Internet-based computer system comprising at least one server computer programmed to:

in response to a buyer request by a buyer to be able to purchase at least one item featured for sale through the Internet-based computer system by a seller recognized by the Internet-based computer system, generate a transaction-specific buyer acceptance identifier;

store in a computer-accessible memory, information comprising a relationship between the transaction-specific buyer acceptance identifier, an identification of the buyer, and an identification of the seller; and

communicate the transaction-specific buyer acceptance identifier to the buyer.

7. The Internet-based computer system of claim 6 said at least one server computer further programmed to:

receive from a seller a communication of a transaction consummation completion identifier, a seller identification, and transaction information comprising;

an item identifier, or

a transaction amount;

determine whether;

the transaction consummation completion identifier comprises the transaction-specific buyer acceptance identifier, and

the seller identification comprises an identification of a seller recognized by the Internet-based computer system; and

for the communication wherein the transaction consummation completion identifier comprises the transaction-specific buyer acceptance identifier, and the seller identification comprises the identification of a seller recognized by the Internet-based computer system, charge an account associated with the buyer for an amount comprising;

said transaction amount, or

an amount associated with said item identifier.

8. The Internet-based computer system of claim 7 said at least one server computer further programmed to:

for the communication wherein the transaction consummation completion identifier comprises the transaction-specific buyer acceptance identifier, and the seller identification comprises the identification of a seller recognized by the Internet-based computer system, credit an account associated with the seller for at least a portion of the amount.

9. A computer-implemented method for confirming that a transaction has been consummated, said computer-implemented method comprising using at least one computer device programmed to:

receive a buyer request to purchase an item featured for sale by a seller for a particular sale amount;

generate an identifier of a proposed transaction for a sale of the item;

save in a computer-accessible memory a record comprising the identifier of the proposed transaction, a buyer identifier, a seller identifier, and requirements for confirming a completion of the proposed transaction;

communicate the identifier of the proposed transaction to a first party to the proposed transaction according to said requirements, said first party comprising one of the buyer or the seller;

receive from a second party to the proposed transaction a communication of a transaction identifier and of an identifier of said second party, said second party comprising one of the buyer or the seller, said second party comprising a party other than the first party;

access said computer-accessible memory using said transaction identifier, access said requirements and according to said requirements, determine whether;

the transaction identifier comprises the identifier of the proposed transaction, and

the identifier of said second party comprises the buyer identifier or the seller identifier, as required by said requirements; and

for the transaction identifier that comprises the identifier of the proposed transaction, and for the identifier of said second party that comprises the buyer identifier or the seller identifier, as required by said requirements, authorize a charge to an account associated with the buyer for said particular sale amount.

10. The computer-implemented method of claim 9, for the transaction identifier that comprises the identifier of the proposed transaction, and for the identifier of said second party that comprises the buyer identifier or the seller identifier, as required by said requirements, said at least one computer device further programmed to:

notify the buyer and the seller that the buyer has been successfully charged for said particular sale amount.

11. The computer-implemented method of claim 10, said at least one computer device further programmed to:

before communicating the identifier of the proposed transaction to said first party;

obtain buyer payment information,

verify that said buyer payment information is valid, and

request a payment authorization hold for said buyer payment information for said particular sale amount.

12. The computer-implemented method of claim 9, for the transaction identifier that comprises the identifier of the proposed transaction, and for the identifier of said second party that comprises the buyer identifier or the seller identifier, as required by said requirements, said at least one computer device further programmed to:

credit to an account associated with the seller an amount equivalent to at least a portion of said particular sale amount.