Transportation system for on-line transactions

• US 20020052853A1
• Filed: 02/12/2001
• Published: 05/02/2002
• Est. Priority Date: 02/10/2000
• Status: Abandoned Application

• Current Assignee: Munoz, Fernando
• Original Assignee: Munoz, Fernando
• Inventors: Munoz, Fernando
• Application Number:
  US09/781,714
• Publication Number:
  US 20020052853A1
• Time in Patent Office: Days
• US Class Current: 705/79
• CPC Class Codes: G06Q 20/02 involving a neutral party, e.g. certification authority, notary or trusted third party [TTP]
• CPC Class Codes: G06Q 20/027 involving a payment switch or gateway
• CPC Class Codes: G06Q 20/04 Payment circuits
• CPC Class Codes: G06Q 20/12 specially adapted for electronic shopping systems
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03

Abstract

What is disclosed in this application is: an Internet payment system. An Internet payment system comprising a user device with a processor, Internet connection apparatus and an Internet browser. The Internet payment system also includes a participating merchant server supporting web pages on which product or service offerings are displayed in response to queries from the user device using the connections apparatus and browser. The merchant server interacting with the user device browser permits a user to select at least one offering and to indicate a method of payment, at least one method of payment being a transfer link. The Internet payment system also comprises a participating financial institution server maintained by a financial institution at which the user has a financial account. The server permits the user to gain direct access to his financial account. In addition, the Internet payment system includes a main transportation server to which both the user device and merchant server are connected in response to the user selecting the transfer link as the method of payment. The merchant server transmits information to the main transport server regarding payment required for the selected offering and the main transport server provides a selection of financial institutions from which the user can select an institute at which he has an account for payment for the offering. The main transport server transmits user inputs directly to the financial institution server to authorize payment to the merchant for the offering without storing the inputs.

Claims

1. An Internet payment system, comprising:

a user device with a processor, Internet connection apparatus and an Internet browser;

a participating merchant server supporting web pages on which product or service offerings are displayed in response to queries from the user device using the connections apparatus and browser, said merchant server interacting with the user device browser to permit a user to select at least one offering and to indicate a method of payment, at least one method of payment being a transfer link;

a participating financial institution server maintained by a financial institution at which the user has a financial account, said server permitting the user to gain direct access to his financial account; and

a main transportation server to which both the user device and merchant server are connected in response to the user selecting the transfer link as the method of payment, the merchant server transmitting information to the main transport server regarding payment required for the selected offering, said main transport server providing a selection of financial institutions from which the user can select an institute at which he has an account for payment for the offering, said main transport server transmitting user inputs directly to the fmancial institution server to authorize payment to the merchant for the offering without storing said inputs.

2. The system of claim 1 further including a participating merchant fmancial institution server, said participating financial institution server executing a real time electronic funds transfer to said participating merchant financial institution server upon said authorization of payment.

3. The system of claim 2 further including a relay server, wherein the electronics funds transfer is via said relay server.

4. The system of claim 2 wherein the funds transfer is by means of virtual money packets.

5. The system of claim 4 wherein the virtual money packets are encrypted before being sent and are decrypted when received.

6. The system of claim 4 wherein confirmation of the transaction is confirmed by the sending of an empty virtual money packet from the merchant'"'"'s financial institution server to the user'"'"'s financial institution server.

7. The system of claim 4 wherein the transfer fo the virtual money packet is by way of a relay server.

8. The system of claim 1 in which the main transportation server further transmits confirmation of payment to the merchant.

10. The system of claim 1 in which the user device is a personal digital assistant with a microprocessor and the Internet connection apparatus is a wireless Internet connection.

11. The system of claim 1 in which the main transportation server further includes a firewall.

12. The system of claim 1 in which the firewall of the main transportation server monitors the pattern of activity of the user device and signals an alarm in response to an anomalous pattern of activity.

13. The system of claim 1 wherein at least the financial server and host server have encryption and decryption devices so that transmissions between the host server and the financial server may be encrypted when sent and decrypted when received.

14. The system of claim 1 wherein the information is transmitted as document packets which include routing elements.

15. The system of claim 1 wherein the information is transmitted as document packets which include assembly elements.

16. The system of claim 1 wherein the financial institutions include at least one of banks and credit card companies.

17. The system of claim 1 wherein said main transportation host server supports a link web page which has a first portion that displays the information from the merchant server regarding payment required for the selected offering, and a second portion that displays the selection of financial institutions.

18. The system of claim 17 wherein said link web page further includes a task bar by which the user may call special functions at least at one of said main transportation server and said financial server.

19. The system of claim 17 wherein the second portion of the link web page displays communications to and from the financial server once it is selected.

20. The system of claim 17 wherein the second portion of the link web page indicates when a payment authorization transaction has been completed.

26. The system of claim 1 wherein at least a portion of said main transportation server is maintained at one of said participating financial institution server and participating merchant server.

27. The system of claim 2 wherein at least a portion of said main transportation server is maintained at one of said participating financial institution server, said participating merchant server, and said participating merchant financial institution server.

28. The system of claim 1 further including a card reader at the user device, said card reader determining whether an inserted card is a store card or a smart card, where a store card is inserted the amount of the invoice is deducted from the store card and the main transportation server confirms the transaction to the merchant without the intervention of a participating financial institution server, and where a smart card is inserted the amount of the user device is connected directly to the participating financial institution server without the main transportation server presenting a list of participating financial institutions to the user.

9. The system of clam 1 in which the user device is a personal computer with a microprocessor and the Internet connection apparatus is a modem.

21. An Internet payment method, comprising the steps of:

accessing a merchant web page supported by a participating merchant server over the Internet;

said merchant web page displaying product or service offerings in response to queries;

selecting a transfer link least as a method of payment for at least one offering;

connecting to a link web page supported by a main transportation server in response to selecting the transfer link, said link web page displaying information regarding payment required for the selected offering and a list of participating financial institutions;

selecting a financial institution at which a user has a financial account;

gaining direct access to the financial account from the link web page and receiving communications about the financial account on a portion of the link web page; and

authorizing payment to the merchant for the offering on the link web page by communicating with the financial institution and without storing information regarding access to the financial account on the main transportation server or the merchant server.

22. The method of claim 21 further including the step of selecting a method of confirmation of payment to the merchant from the link web page.

23. The method of claim 21 further including the step of inserting a store card in a card reader at a user device, deducting the invoice amount from the store card without selecting or gaining access to a financial account.

24. The method of claim 21 further including the step of inserting a smart card in a card reader at a user device, inhibiting the steps of displaying of a list of participating financial institutions and selecting a financial institution, and gaining direct access to the financial institution associated with the smart card.

30. The method of claim 29 wherein the packets are sent through at least two separate and randomly selected IP addresses.

31. The method of claim 29 wherein the scrambled packets are encrypted before being sent to the destination.

25. An Internet payment method, comprising the steps of:

receiving a request for payment to a merchant by a transfer link for a product or service offering, said request indicating the merchant, the offering and the price;

displaying on a link web page the request information and a list of participating financial institutions from which a transfer link payment may be made;

directly connecting a user to a particular financial server in response to a selection, and establishing a direct communications path between the link web page and the financial institution server;

receiving communications about the financial account on a portion of the link web page; and

transmitting over the communications path to the financial institution server authorization to pay the merchant for the offering in response to inputs on the link web page and without storing information regarding access to the financial account.

29. A secure electronic information transportation method, comprising the steps of:

dividing digital information into multiple packets encoded with encrypted marking indicating the packet'"'"'s original location in the information;

scrambling the generated packets to create a virtual puzzle;

sending the packets to the destination;

receiving the packets at the destination and assembling the information from the packets based on the encrypted markings.

32. An Internet payment system, comprising:

a user device with a processor, Internet connection apparatus and an Internet browser;

a first participating financial institution server maintained by a fmancial institution at which the user has a financial account, said first financial server supporting web pages on which its customer financial accounts are displayed in response to data from the user device using the connections apparatus and browser, said first fmancial server interacting with the user device browser to permit a user to select at least one of the customer'"'"'s accounts and to indicate a funds transfer method, at least one method of being a transfer link;

a second participating financial institution server maintained by a fmancial institution at which the user has a second financial account, said second financial server supporting web pages on which its customer financial accounts are displayed in response to data from the user device using the connections apparatus and browser, said second financial server permitting the user to gain direct access to his second financial account; and

a main transportation server to which both the user device and said first and second financial servers are connected in response to the user selecting the transfer link as the method of funds transfer, the first financial server transmitting information to the main transport server regarding funds to be transferred, said main transport server providing a selection of second financial institutions from which the user can select an institute at which he has a second account, said main transport server transmitting user inputs directly to the second financial institution server to authorize the transfer of funds to the first financial institution server for the without storing said inputs.

33. The system of claim 32 further including a card reader at the user device, said card reader determining whether an inserted card is a store card or a smart card, where a store card is inserted the amount of the funds are deducted from the store card and delivered to the first financial institution without connection to the second fmancial institution, and where a smart card is inserted the user device is connected directly to the participating financial institution server without the main transportation server presenting a list of participating financial institutions to the user.