Settlement systems and methods wherein a buyer takes possession at a retailer of a product purchased using a communication network
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United States of America Patent
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May 2, 2006
Issued Date -
N/A
app pub date -
Jul 7, 1999
filing date -
Sep 4, 1996
priority date (Note) -
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Abstract
Settlement systems and methods are provided wherein a buyer takes possession of a product at a retailer. In one embodiment, a purchasing system arranges through a communication network for a buyer to purchase a product from a seller at a first price. The purchasing system also arranges for the buyer to take possession of the product at a retailer that offers the product for sale at a second price. Payment of an amount based on the first price is received from the buyer, and the purchasing system arranges for the retailer to receive payment of an amount based on a settlement price in exchange for providing the product to the buyer.
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