CONTINGENCY-BASED ELECTRONIC AUDITING
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United States of America Patent
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Issued Date -
Aug 12, 2010
app pub date -
Feb 4, 2010
filing date -
Feb 6, 2009
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
Transaction auditing involving the provision of payment from a third-party to a transaction party is facilitated. In accordance with one or more example embodiments, a transaction auditing approach involves processing payment from a third party to one of a buyer and seller involved in a transaction to which the third-party payment is applicable. When an auditing criterion is met, such as when the buyer and seller agree to contract terms or when the buyer pays the seller, payment from the third party is authorized and processed based on the authorization.
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