Method and apparatus for network transactions
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
-
Dec 7, 2010
Grant Date -
Oct 19, 2006
app pub date -
Mar 15, 2006
filing date -
Apr 19, 2005
priority date (Note) -
Expired
status (Latency Note)
Importance
Abstract
A method is provided to authorize an online transaction between a purchaser and a merchant. The method includes providing, via an identity provider, verification of an identity of the purchaser. The method also includes providing, via a payment provider, verification of an ability of the purchaser to pay for the transaction, where the identity provider and the payment provider are different network entities. A computer system is also provided that can conduct an online transaction between a purchaser and a merchant providing one or more goods and/or services. The computer system includes a first node configured to provide verification of an identity of the purchaser, and a second node configured to provide verification of an ability of the purchaser to pay for the transaction, where the first node and the second node are associated with different network entities.
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