Payment processing method and system
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
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N/A
Issued Date -
Apr 18, 2002
app pub date -
Jul 5, 2001
filing date -
Oct 12, 2000
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
The present invention provides a payment method that balances reliability, security, and speed of payments, a system for the same, and a recording medium storing a program for the same. In one embodiment, a financial institution such as a credit company, a bank, or the like determines whether or not a payment request from a buyer is valid using billing information from the merchant involved in the payment and authentication information from the buyer. Then, if the billing information sent from the merchant does not match the ordering information extracted from the authentication information, the payment request is rejected.
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