System for handling network transactions
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United States of America Patent
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Aug 25, 2009
Issued Date -
N/A
app pub date -
May 25, 2000
filing date -
May 25, 1999
priority date (Note) -
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status (Latency Note)
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Abstract
The present invention relates to a method of enabling a computer network transaction for a product being purchased by a buyer from a seller by generating a once-only transaction feature associated with the transaction, by providing the transaction identification feature to a transaction acquirer, together with a buyer identification feature which identifies the buyer to the transaction acquirer, and by providing the once-only identification feature to the seller, such that the seller may provide the transaction identification feature to the transaction acquirer and the transaction acquirer can match the transaction identification feature received from the seller with the transaction identification feature they have been provided with and, if they match, can enable settlement of the transaction.
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