System to determine posting payment amount based on specific type of item

• US 8,548,869 B2
• Filed: 03/29/2012
• Issued: 10/01/2013
• Est. Priority Date: 07/08/1997
• Status: Expired due to Fees

• Current Assignee: PayPal, Inc. (PayPal Holdings, Inc.)
• Original Assignee: eBay Inc.
• Inventors: O'Shea, Deirdre, Gelman, Geoffrey M., Alderucci, Dean P., Walker, Jay S., Van Luchene, Andrew S.
• Primary Examiner(s): Zare, Scott
• Assistant Examiner(s): CRAWLEY, TALIA F
• Application Number:
  US13/434,161
• Publication Number:
  US 20120185364A1
• Time in Patent Office: 551 Days
• Field of Search: 705/14.18, 705/26.3, 705/35, 705/400
• US Class Current: 705/26.3
• CPC Class Codes: G06Q 20/00 Payment architectures, schemes or protocols apparatus for performing or posting payment transactions G07F7/08, G07F19/00; electronic cash registers G07G1/12
• CPC Class Codes: G06Q 20/02 involving a neutral party, e.g. certification authority, notary or trusted third party [TTP]
• CPC Class Codes: G06Q 20/04 Payment circuits
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/12 specially adapted for electronic shopping systems
• CPC Class Codes: G06Q 20/24 Credit schemes, i.e. "pay after"
• 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 20/403 Solvency checks
• CPC Class Codes: G06Q 30/00 Commerce
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 30/0207 Discounts or incentives, e.g. coupons or rebates
• CPC Class Codes: G06Q 30/0214 Referral reward systems
• CPC Class Codes: G06Q 30/0215 Including financial accounts
• CPC Class Codes: G06Q 30/0217 involving input on products or services in exchange for incentives or rewards
• CPC Class Codes: G06Q 30/0275 Auctions
• CPC Class Codes: G06Q 30/0277 Online advertisement
• CPC Class Codes: G06Q 30/0283 Price estimation or determination
• CPC Class Codes: G06Q 30/04 Billing or invoicing
• 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
• CPC Class Codes: G06Q 30/0641 : Shopping interfaces
• CPC Class Codes: G06Q 30/08 : Auctions
• CPC Class Codes: G06Q 40/04 : Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Abstract

Products and processes are provided in which information is received about a post for an item to be sold. The information may include type data identifying the item for sale as being a specific type of item. Based on the received type data, a posting payment amount is determined.

Claims

1. Apparatus, comprising:

a processor;

a communication port coupled to the processor; and

a storage device operatively coupled to the processor and containing instructions configured to direct the processor to;

receive information about a post offering an item for sale, the received information including type data identifying the item for sale as being a specific type of item; and

determine a posting payment amount using the type data that identifies the item for sale as being the specific type of item, the posting payment amount varying based on a type of item.

2. The apparatus of claim 1, including instructions configured to direct the processor to receive further information about a further post offering a further item for sale, the received further information including further type data identifying the further item for sale as being a further type of item, and wherein the instructions configured to direct the processor to determine the posting payment amount based on the type data comprises instructions configured to direct the processor to determine a first, higher posting payment amount for the post based on the specific type of item and instructions configured to direct the processor to determine a second, lower posting payment amount for the further post based on the further type of item.

3. The apparatus of claim 1, wherein the instructions configured to direct the processor to determine the posting payment amount includes instructions configured to direct the processor to determine an estimated selling price for the item for sale based on a previous sale of a similar item, and instructions configured to direct the processor to determine the posting payment amount based on the estimated selling price.

4. The apparatus of claim 1, including instructions configured to direct the processor to determine the posting payment amount based on a condition of the item for sale.

5. The apparatus of claim 1, wherein the instructions are further configured to receive account information, and transfer the posting payment amount using the account information.

6. The apparatus of claim 1, wherein the posting payment amount is a positive amount that is paid to an entity from which the received information about the post is received.

7. The apparatus of claim 1, wherein the posting payment amount is a negative amount that is paid to an entity, from which the received information about the post is received, to a posting site.

8. The apparatus of claim 1, wherein received information is received from a seller of the item for sale, and the posting payment amount is transferred with respect to the seller.

9. A method to determine a posting payment amount, the method comprising:

receiving information about a post offering an item for sale, the received information including type data identifying the item for sale as being a specific type of item; and

using at least one processor, determining a posting payment amount using the type data that identifies the item for sale as being the specific type of item, the posting payment amount varying based on a type of item.

10. The method of claim 9, wherein the type data identifies the item for sale as being made by a particular manufacturer.

11. The method of claim 9, wherein the type data identifies the item for sale as being of a particular item class.

12. The method of claim 9, wherein the determining of the posting payment amount comprises determining a commission arrangement based on the specific type of the item.

13. The method of claim 12, wherein a commission is debited against a credit card of a seller of the item for sale.

14. The method of claim 9, including receiving further information about a further post offering a further item for sale, the received further information including further type data identifying the further item for sale as being a further type of item, and wherein the determining of the posting payment amount based on the type data comprises determining a first, higher posting payment amount for the post based on the specific type of item and determining a second, lower posting payment amount for the further post based on the further type of item.

15. The method of claim 9, wherein the determining of the posting payment amount includes determining an estimated selling price for the item for sale based on a previous sale of a similar item, and determining the posting payment amount based on the estimated selling price.

16. The method of claim 9, including identifying the previous sale of the similar item using the type of data.

17. The method of claim 9, including determining the posting payment amount based on a condition of the item for sale.

18. The method of claim 17, including prompting a seller of the item for sale for condition data regarding the condition of the item for sale.

19. The method of claim 9, wherein the received information includes peripheral data identifying a peripheral to the item for sale, and wherein the determining of the posting payment amount is further based on the peripheral data.

20. The method of claim 19, including prompting a seller of the item for sale for the peripheral data identifying the peripheral, the prompting for the peripheral data being based on the specific type of item.

21. The method of claim 9, including determining the posting payment amount based on a reputation of a seller of the item for sale.

22. The method of claim 9, including determining that the received information is accurate.

23. The method of claim 22, including selectively providing the posting payment amount to a seller from which the received information was received, based on the determined accuracy of the received information.

24. The method of claim 22, wherein the determining that the received information is accurate include soliciting feedback regarding the received information.

25. The method of claim 9, including receiving account information, an transferring the posting payment amount using the account information.

26. The method of claim 9, wherein the posting payment amount is a positive amount that is paid to an entity from which the received information about the post is received.

27. The method of claim 9, wherein the posting payment amount is a negative amount that is paid from an entity, from which the received information about the post is received, to a posting site.

28. The method of claim 9, wherein the received information is received from a seller of the item for sale, and the posting payment amount is transferred with respect to the seller.

29. The method of claim 9, including posting of the post, offering the item for sale, on a posting site.

30. A non-transitory computer readable medium storing instructions configured to direct a processor to:

receive information about a post offering an item for sale, the received information including type data identifying the item for sale as being a specific type of item; and

determine a posting payment amount using the type data that identifies the item to serve as being the specific type of item, the posting payment amount varying based on a type of item.