SCART-card (secure consumer advantaged retail trading)

  • US 7,742,993 B2
  • Filed: 01/11/2006
  • Issued: 06/22/2010
  • Est. Priority Date: 10/31/2005
  • Status: Expired due to Fees
First Claim
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1. A method of virtual Internet based merchandise or media exchange for payment, comprising:

  • creating specific information that is a computerized network transaction location of a product, said product comprising line itemized networked merchandise or line itemized downloadable media material objects on a selling computer on a network wherein a barcode or other identifier information of said product is scanned or stored as memory;

    transmitting said memory to a point of sale terminal;

    calculating or otherwise determining a price based on said transmitting that is specific to said product wherein payment of said price is through an in-person transaction at said retail point of sale location and said payment is designated for said product through said in-person transaction; and

    sending a message of said payment over said network causing transfer of ownership rights in said product to a buyer computer on said network through authorization on said selling computer on said network as a result of said payment.

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