CA2335453A1 - Verified payment system - Google Patents

Verified payment system Download PDF

Info

Publication number
CA2335453A1
CA2335453A1 CA002335453A CA2335453A CA2335453A1 CA 2335453 A1 CA2335453 A1 CA 2335453A1 CA 002335453 A CA002335453 A CA 002335453A CA 2335453 A CA2335453 A CA 2335453A CA 2335453 A1 CA2335453 A1 CA 2335453A1
Authority
CA
Canada
Prior art keywords
payment
client
vps
transactions
transaction
Prior art date
Legal status (The legal status is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the status listed.)
Granted
Application number
CA002335453A
Other languages
French (fr)
Other versions
CA2335453C (en
Inventor
Candida Coralie Anne Slater
Iain Downs
Current Assignee (The listed assignees may be inaccurate. Google has not performed a legal analysis and makes no representation or warranty as to the accuracy of the list.)
PROTX Ltd
Original Assignee
Protx Limited
Candida Coralie Anne Slater
Iain Downs
Xtorp Limited
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by Protx Limited, Candida Coralie Anne Slater, Iain Downs, Xtorp Limited filed Critical Protx Limited
Publication of CA2335453A1 publication Critical patent/CA2335453A1/en
Application granted granted Critical
Publication of CA2335453C publication Critical patent/CA2335453C/en
Anticipated expiration legal-status Critical
Expired - Fee Related legal-status Critical Current

Links

Classifications

    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/02—Payment architectures, schemes or protocols involving a neutral party, e.g. certification authority, notary or trusted third party [TTP]
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/08—Payment architectures
    • G06Q20/12—Payment architectures specially adapted for electronic shopping systems

Abstract

A distributed verified trusted third-party system (VPS) (10) and method enable electronic/digital transactions through real-time verification and authentication, with improved privacy and security, encompassing the whole payment range from very large to very small. The VPS (10) includes hubs (16-20) storing client data and connecting clients (22) to vendors (24) to mediate secure electronic transactions. Date may be pre-registered by banks (30) and other owners, controllers, and issuers of payment systems (32). Owners of payment systems, such as corporate/purchase cards, may authorize usage by third parties within specified limits, thus enabling them to monitor and control delegated authority. A central account authority (12) provides registration services indicating which hub services which client. The VPS (10) implements a dual key transaction system, in which verified instructions must come separately and completely independently from both client (22) and vendor (24) before transaction completion via methods accepted by both parties.
The VPS (10) allows the client (22), the vendor (24), and associated payment methods and systems (30-32) to be known, with fixed quantities and pre-registered within an authorization manager. The client (22) and vendor (24) may choose the payment method and currency used at each end of any transaction, and payment is always made within a closed system without either party having access to or knowing the details of the other's payment system. Real-time audit trails for all parties concerned are implemented, in which client (22), vendors (24), and banks (30) may trace transactions, generate reports, and initiate refunds for such secure transactions. The VPS (10) is also software and/or hardware independent, implemented by any known networking configuration for any known electronic or digital transaction, using mobile phones (28), palm-tops and digital television for purchases and credit/debit payment arrangements for any form of commerce using electronic transactions.
CA002335453A 1998-06-19 1999-06-18 Verified payment system Expired - Fee Related CA2335453C (en)

Applications Claiming Priority (3)

Application Number Priority Date Filing Date Title
US8982598P 1998-06-19 1998-06-19
US60/089,825 1998-06-19
PCT/GB1999/001886 WO1999066436A1 (en) 1998-06-19 1999-06-18 Verified payment system

Publications (2)

Publication Number Publication Date
CA2335453A1 true CA2335453A1 (en) 1999-12-23
CA2335453C CA2335453C (en) 2007-11-06

Family

ID=22219761

Family Applications (1)

Application Number Title Priority Date Filing Date
CA002335453A Expired - Fee Related CA2335453C (en) 1998-06-19 1999-06-18 Verified payment system

Country Status (12)

Country Link
EP (1) EP1097425A1 (en)
JP (1) JP2002518749A (en)
CN (1) CN1313973A (en)
AU (1) AU4517899A (en)
BR (1) BR9912173A (en)
CA (1) CA2335453C (en)
CZ (1) CZ20004781A3 (en)
HU (1) HUP0103385A2 (en)
IL (1) IL140333A0 (en)
NO (1) NO20006449L (en)
PL (1) PL345032A1 (en)
WO (1) WO1999066436A1 (en)

Cited By (1)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US8041606B2 (en) 2000-02-29 2011-10-18 The Western Union Company Online purchasing method

Families Citing this family (87)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
DE19926472C2 (en) 1999-06-10 2001-11-15 Call A Bike Mobilitaetssysteme Method of transmitting a code
US7657490B1 (en) 1999-08-02 2010-02-02 Softbankbb Corporation Electronic settlement system, settlement device, and terminal
GB9925227D0 (en) * 1999-10-25 1999-12-22 Internet Limited Data storage retrieval and access system
SG89314A1 (en) * 2000-01-18 2002-06-18 Cazh Pte Ltd Secure network electronic transactions and payments system
US7177838B1 (en) * 2000-01-26 2007-02-13 Paybyclick Corporation Method and apparatus for conducting electronic commerce transactions using electronic tokens
JP2002247029A (en) * 2000-02-02 2002-08-30 Sony Corp Certification device, certification system and its method, communication device, communication controller, communication system and its method, information recording method and its device, information restoring method and its device, and recording medium
WO2001059635A1 (en) 2000-02-11 2001-08-16 Internet Payments Patents Limited A network-based system
FR2806185B1 (en) * 2000-03-07 2007-04-20 David Ifergan SECURE PROCESS OF TRANSACTION BETWEEN A BUYER AND A SELLER
CA2407653A1 (en) * 2000-04-24 2001-11-01 Visa International Service Association Online payer authentication service
NO314866B1 (en) * 2000-05-08 2003-06-02 Ericsson Telefon Ab L M Mobile receipt system
SE0002039L (en) * 2000-05-31 2001-12-01 Dag Peter Ljungqvist Method of securely transferring payment in connection with trading via a network
US20050086163A1 (en) * 2003-08-20 2005-04-21 Johnson Daniel T. Electronic payment system
US7512523B2 (en) 2000-06-16 2009-03-31 Verisae, Inc. Refrigerant loss tracking and repair
US7369968B2 (en) 2000-06-16 2008-05-06 Verisae, Inc. Enterprise energy management system
US7496532B2 (en) 2000-06-16 2009-02-24 Verisae, Inc. Enterprise asset management system and method
US7474218B2 (en) 2000-06-16 2009-01-06 Verisae, Inc. Method and system of asset identification and tracking for enterprise asset management
US20050177437A1 (en) * 2000-06-29 2005-08-11 Jonathan Ferrier E-commerce system
GB2364482B (en) * 2000-06-30 2002-10-09 Motorola Inc Server-based electronic wallet system
AU2001271968B2 (en) 2000-07-10 2007-03-15 Paypal, Inc. System and method for verifying a financial instrument
FR2811786B1 (en) * 2000-07-17 2006-07-07 Serge Benchimol METHOD FOR SECURING A TRANSACTION VIA A TELECOMMUNICATION NETWORK, AND SYSTEM FOR IMPLEMENTING THE METHOD
US7523067B1 (en) 2000-08-02 2009-04-21 Softbankbb Corporation Electronic settlement system, settlement apparatus, and terminal
US6957199B1 (en) * 2000-08-30 2005-10-18 Douglas Fisher Method, system and service for conducting authenticated business transactions
JP2003044708A (en) 2000-10-02 2003-02-14 Omron Corp Information mediating system and information mediating method to be used in the system
US7418429B1 (en) * 2000-10-20 2008-08-26 Accenture Pte. Ltd. Method and system for facilitating a trusted on-line transaction between insurance businesses and networked consumers
US7499889B2 (en) 2000-10-23 2009-03-03 Cyota Inc. Transaction system
FR2815745B1 (en) 2000-10-25 2003-01-10 Cedric Remy SECURE TELEMATICS PAYMENT METHOD
HU223885B1 (en) 2002-06-17 2005-03-29 András Vilmos Set of apparatuses for preparing and performing financial transactions between seller and customer
AU2001215127A1 (en) * 2000-11-23 2002-06-03 Xulin Xu Electronic commerce system
EP1356403A1 (en) * 2000-12-18 2003-10-29 Michael Hetting Method for processing trade data, especially electronic trade
US7363248B2 (en) 2000-12-22 2008-04-22 Invenda Corporation Pre-filling order forms for transactions over a communications network
US7349867B2 (en) * 2000-12-22 2008-03-25 Invenda Corporation Tracking transactions by using addresses in a communications network
US7415429B2 (en) 2000-12-22 2008-08-19 Invenda Corporation Providing navigation objects for communications over a network
EP1347398A4 (en) * 2000-12-28 2005-11-02 Yasunobu Toneaki Contest article evaluation method
NO313980B1 (en) * 2001-02-08 2003-01-06 Ericsson Telefon Ab L M Mobile e-commerce process and module
DE10107131C1 (en) * 2001-02-15 2002-04-25 Siemens Ag Micro-payment method e.g. for electronic services, has charges for service logged against initial payment credit with periodic request for further payments
EP1744518A3 (en) * 2001-03-08 2007-04-11 RSA Security, Inc. Transaction system
WO2002086779A1 (en) * 2001-03-16 2002-10-31 Sagacious Procurement Pty Limited Network-based procurement system and method
US7752134B2 (en) * 2001-03-20 2010-07-06 United Parcel Service Of America, Inc. Hybrid credit card transaction system
NL1017716C2 (en) * 2001-03-28 2002-10-01 Koninkl Kpn Nv Method and system for paying for playing a multimedia file.
JP3594187B2 (en) 2001-05-16 2004-11-24 ソニー株式会社 Information processing apparatus and method, information providing apparatus and method, recording medium, and program
KR20040002928A (en) * 2001-05-31 2004-01-07 인터내셔널 비지네스 머신즈 코포레이션 Micropayment system
JP4363800B2 (en) * 2001-06-11 2009-11-11 ソニー株式会社 Electronic commerce support apparatus, electronic commerce support method, and computer program
FR2826755A1 (en) * 2001-06-29 2003-01-03 Mucash High security Internet vendor-purchaser transactions, in which buyer, vendor and account managing third party correspond using identifiers for transaction and vendor
DE10138814A1 (en) * 2001-08-14 2003-03-06 Orga Kartensysteme Gmbh Computer system and method for cashless payment
JP2003067484A (en) * 2001-08-22 2003-03-07 Dc Card Co Ltd Payment system for medical expenses and the like
DE10151213B4 (en) * 2001-10-15 2006-03-16 Siemens Ag Method for approving payments in a communication network
US7184980B2 (en) 2001-11-15 2007-02-27 First Data Corporation Online incremental payment method
CA2364142A1 (en) * 2001-11-30 2003-05-30 Ibm Canada Limited-Ibm Canada Limitee Authorizing multiple categories of card based financial transactions
MY135209A (en) 2001-12-04 2008-02-29 Conceptm Company Ltd System and method for facilitating electronic financial transactions using a mobile telecommunication device
CZ301193B6 (en) * 2002-05-17 2009-12-02 TELEMATIX SERVICES, a.s. General-purpose communication, information, navigation and paying system
JP2005536786A (en) * 2002-07-03 2005-12-02 シーメンス　アクチエンゲゼルシヤフト Method for electronic payment of goods or services using a mobile radio network and apparatus for implementing the method
EP1378876A1 (en) * 2002-07-03 2004-01-07 Siemens Aktiengesellschaft Method and system for electronic payment of goods and services making use of a wireless network
EP1413966A1 (en) * 2002-10-22 2004-04-28 Johannes Prof. Dr. Pichler Computer system and method for processing commercial transactions via data transmission lines
US20040139016A1 (en) 2002-11-01 2004-07-15 Modasolutions Corporation Internet payment systerm and method
US7440871B2 (en) 2002-12-09 2008-10-21 Verisae, Inc. Method and system for tracking and reporting emissions
US7877235B2 (en) 2003-01-31 2011-01-25 Verisae, Inc. Method and system for tracking and managing various operating parameters of enterprise assets
US7257549B2 (en) 2002-12-11 2007-08-14 Broadcom Corporation Systems and circuits for providing support for user transactions on a media exchange network
AU2003902911A0 (en) * 2003-06-11 2003-06-26 The Commonwealth Of Australia Credential communication device
US7653602B2 (en) * 2003-11-06 2010-01-26 Visa U.S.A. Inc. Centralized electronic commerce card transactions
CA3035637A1 (en) 2003-11-10 2005-05-26 Ebay Inc. Facilitating micropayments between a plurality of parties
US20050111409A1 (en) * 2003-11-25 2005-05-26 Spear Stephen L. Method and apparatus for mobile station registration in a cellular communication system
US7324976B2 (en) * 2004-07-19 2008-01-29 Amazon Technologies, Inc. Automatic authorization of programmatic transactions
US7739660B2 (en) * 2006-03-31 2010-06-15 Sap Ag Code management in a distributed software development environment
CN101064031A (en) * 2006-04-24 2007-10-31 腾讯科技（深圳）有限公司 Recording forwarding method of digital information and recording forwarding method thereof
TW200834446A (en) * 2006-10-11 2008-08-16 Visa Int Service Ass Method and system for processing micropayment transactions
US10068220B2 (en) 2006-10-11 2018-09-04 Visa International Service Association Systems and methods for brokered authentication express seller links
US7933835B2 (en) 2007-01-17 2011-04-26 The Western Union Company Secure money transfer systems and methods using biometric keys associated therewith
US8818904B2 (en) 2007-01-17 2014-08-26 The Western Union Company Generation systems and methods for transaction identifiers having biometric keys associated therewith
US7810134B2 (en) 2007-01-22 2010-10-05 First Data Corporation Authentication system for financial transactions
US8504473B2 (en) 2007-03-28 2013-08-06 The Western Union Company Money transfer system and messaging system
US10482081B2 (en) 2007-06-04 2019-11-19 Bce Inc. Methods and systems for validating online transactions using location information
GR1006240B (en) * 2007-07-13 2009-01-28 Γεωργιος Τρασανιδης Electronic system and procedures for financial transactions, promotional activities, e-tickets and electronic lottery allpications by the use of portable or fixed electronic devices connected to a telecommunication network.
CN101197953B (en) * 2007-12-05 2010-09-29 深圳创维－Rgb电子有限公司 Household electric business TV set
US8768854B2 (en) 2009-01-13 2014-07-01 Stephen W. NEVILLE Secure protocol for transactions
EP2482242A4 (en) 2009-09-24 2013-09-25 Nippon Telegraph & Telephone Electronic payment method, system, server and program for same
CN102376002A (en) * 2010-08-05 2012-03-14 统一超商股份有限公司 Commodity redemption carrier
US8645272B2 (en) 2011-06-24 2014-02-04 Western Union Financial Services, Inc. System and method for loading stored value accounts
CN103843028B (en) * 2011-08-01 2021-01-19 英特尔公司 Witness-witnessed autonomous uService
CN102999846A (en) * 2012-10-29 2013-03-27 北京京东世纪贸易有限公司 Method and device for handling commodity compensation information
GB2512613A (en) * 2013-04-03 2014-10-08 Cloudzync Ltd Secure communications system
CA2913008A1 (en) * 2013-05-23 2014-11-27 Sureshwara Incorporated A system for authorizing electronic transactions and a method thereof
KR20150033048A (en) * 2013-09-23 2015-04-01 주식회사 케이알파트너스 Server, terminal apparatus and method for providing a card information transmitting service
US20150134302A1 (en) 2013-11-14 2015-05-14 Jatin Chhugani 3-dimensional digital garment creation from planar garment photographs
US10366439B2 (en) 2013-12-27 2019-07-30 Ebay Inc. Regional item reccomendations
US20160092956A1 (en) 2014-09-30 2016-03-31 Jonathan Su Garment size mapping
US11321707B2 (en) * 2016-03-22 2022-05-03 Visa International Service Association Adaptable authentication processing
US10496995B2 (en) * 2017-05-01 2019-12-03 Facebook, Inc. Facilitating payment transactions between users of a plurality of payment providers

Family Cites Families (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US5557518A (en) * 1994-04-28 1996-09-17 Citibank, N.A. Trusted agents for open electronic commerce
US5903721A (en) * 1997-03-13 1999-05-11 cha|Technologies Services, Inc. Method and system for secure online transaction processing

Cited By (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US8041606B2 (en) 2000-02-29 2011-10-18 The Western Union Company Online purchasing method
US8412627B2 (en) 2000-02-29 2013-04-02 The Western Union Company Online funds transfer method

Also Published As

Publication number Publication date
CZ20004781A3 (en) 2001-08-15
IL140333A0 (en) 2002-02-10
JP2002518749A (en) 2002-06-25
CN1313973A (en) 2001-09-19
EP1097425A1 (en) 2001-05-09
NO20006449L (en) 2001-01-17
HUP0103385A2 (en) 2002-01-28
NO20006449D0 (en) 2000-12-18
PL345032A1 (en) 2001-11-19
AU4517899A (en) 2000-01-05
WO1999066436A1 (en) 1999-12-23
CA2335453C (en) 2007-11-06
BR9912173A (en) 2001-11-20

Similar Documents

Publication Publication Date Title
CA2335453A1 (en) Verified payment system
US7444676B1 (en) Direct authentication and authorization system and method for trusted network of financial institutions
Medvinsky et al. NetCash: A design for practical electronic currency on the Internet
US7107248B1 (en) System and method of bootstrapping a temporary public-key infrastructure from a cellular telecommunication authentication and billing infrastructure
EP0926637B1 (en) Electronic cash implementing method for issuer having electronic cash balance counters, corresponding issuer equipment and recording medium having recorded thereon a program for execution of the method
US7308431B2 (en) System and method of secure authentication and billing for goods and services using a cellular telecommunication and an authorization infrastructure
US6895391B1 (en) Method and system for secure authenticated payment on a computer network
CN104680361B (en) A kind of enchashment method and system based on third-party platform
US20030069792A1 (en) System and method for effecting secure online payment using a client payment card
US20100106647A1 (en) Method and system for close range communication using audio tones
US20120239934A1 (en) Creation of user digital certificate for portable consumer payment device
US20040139004A1 (en) Secure online commerce transactions
US20070170247A1 (en) Payment card authentication system and method
US20040059952A1 (en) Authentication system
CN104156858A (en) System and method for identification and payment using mobile communication terminal
WO1998037675A1 (en) A system, method and article of manufacture for secure digital certification of electronic commerce
US7222108B2 (en) Electronic cash implementing method and equipment using user signature and recording medium recorded thereon a program for the method
CN104700296A (en) Multifunctional invoice management method and multifunctional invoice management system
WO2002095637A2 (en) Method for providing services in a data transmission network and associated components
US7603320B1 (en) Method and system for protecting sensitive information and preventing unauthorized use of identity information
US6938160B2 (en) Network service user authentication system
US7251633B2 (en) Method or system for executing deferred transactions
KR101014685B1 (en) Method for Processing Transaction Approval using Customer Mobile Phone and Recording Medium
DE10297517T5 (en) Automated digital rights management and payment system with embedded content
US20090204518A1 (en) System for electronically implementing a business transaction between a payee and a payor

Legal Events

Date Code Title Description
EEER Examination request
MKLA Lapsed