Method and apparatus for ordering goods, services, and content over an internetwork using a virtual payment account

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 9864989
SERIAL NO

11775473

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Abstract

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A secure, closed virtual payment system comprising registered buyers and sellers for ordering and paying for goods, services, and content over an internetwork is disclosed. A buyer becomes registered by applying for a virtual payment account. A seller becomes registered by applying for a seller account. A credit processing component (53) immediately evaluates the buyer's application and assigns a credit limit to the account. Once an account is established, a digital certificate is stored on the registered participant's computer. The buyer can then order goods, services, or content from a seller and charge it to the virtual payment account. When the product is shipped, the seller notifies a commerce gateway component (52), which, in turn, notifies the credit processing server, which applies the charges to the buyer's virtual payment account.

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Patent Owner(s)

Patent OwnerAddress
STRIPE INC354 OYSTER POINT BLVD SOUTH SAN FRANCISCO CA 94080

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Begg, Iain M Vancouver, CA 20 509
Birch, David Woking, GB 16 573
Griffiths, David Ware, GB 45 973
Hutchison, Robin B Vancouver, CA 24 738
Llewellyn, Robert J Poulsbo, US 13 446
Viljoen, Andre F Vancouver, CA 15 550

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Maintenance Fees

Fee Large entity fee small entity fee micro entity fee due date
7.5 Year Payment $3600.00 $1800.00 $900.00 Jul 9, 2025
11.5 Year Payment $7400.00 $3700.00 $1850.00 Jul 9, 2029
Fee Large entity fee small entity fee micro entity fee
Surcharge - 7.5 year - Late payment within 6 months $160.00 $80.00 $40.00
Surcharge - 11.5 year - Late payment within 6 months $160.00 $80.00 $40.00
Surcharge after expiration - Late payment is unavoidable $700.00 $350.00 $175.00
Surcharge after expiration - Late payment is unintentional $1,640.00 $820.00 $410.00