System and method for facilitating transactions through a network portal
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United States of America Patent
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May 10, 2016
Grant Date -
Oct 11, 2007
app pub date -
Mar 30, 2006
filing date -
Mar 30, 2006
priority date (Note) -
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status (Latency Note)
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Abstract
A merchant/vendor portal enables potential business partners to establish business relationships and settle accounts in an on-line environment. The portal includes an open network interface, a registrant database in which data associated with a portal registrant are stored, a distribution contract manager for presenting to a registered merchant a distribution contract associated with a registered vendor and for verifying acceptance of the distribution contract by the registered merchant, and a transaction manager for managing transactions in accordance with the accepted distribution contracts.
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