SE9704078L - Improvements in, and in connection with, electronic payment systems - Google Patents

Improvements in, and in connection with, electronic payment systems

Info

Publication number
SE9704078L
SE9704078L SE9704078A SE9704078A SE9704078L SE 9704078 L SE9704078 L SE 9704078L SE 9704078 A SE9704078 A SE 9704078A SE 9704078 A SE9704078 A SE 9704078A SE 9704078 L SE9704078 L SE 9704078L
Authority
SE
Sweden
Prior art keywords
scheme
electronic
consumers
schemes
currency
Prior art date
Application number
SE9704078A
Other languages
Swedish (sv)
Other versions
SE9704078D0 (en
Inventor
Maria Christensson
Lennart Isaksson
Hoshim Sherif
Daniel Gobin
Original Assignee
Telia Ab
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 Telia Ab filed Critical Telia Ab
Priority to SE9704078A priority Critical patent/SE9704078L/en
Publication of SE9704078D0 publication Critical patent/SE9704078D0/en
Priority to PCT/SE1998/002002 priority patent/WO1999024921A2/en
Priority to EP98954892A priority patent/EP1029295A2/en
Publication of SE9704078L publication Critical patent/SE9704078L/en

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
    • G06Q30/00—Commerce
    • G06Q30/04—Billing or invoicing

Landscapes

  • Business, Economics & Management (AREA)
  • Development Economics (AREA)
  • Strategic Management (AREA)
  • Economics (AREA)
  • Finance (AREA)
  • Marketing (AREA)
  • Accounting & Taxation (AREA)
  • Physics & Mathematics (AREA)
  • General Business, Economics & Management (AREA)
  • General Physics & Mathematics (AREA)
  • Engineering & Computer Science (AREA)
  • Theoretical Computer Science (AREA)
  • Management, Administration, Business Operations System, And Electronic Commerce (AREA)
  • Financial Or Insurance-Related Operations Such As Payment And Settlement (AREA)

Abstract

The electronic payment system handles financial settlement of transactions, between consumers and merchants, relating to products/services purchased by the consumers from the merchants via an electronic trading medium, such as the Internet, and is supported by a telecommunication architecture adapted to provide a plurality of electronic payment schemes. Each one which is indigenous to a different country and adapted to operate, nationally, as a single-scheme, independently of the other schemes, in accordance with a common set of rules. Each payment scheme has an electronic account, owned and controlled by an operator of the scheme. An inter-scheme conversion and cross-currency exchange facility is provided for the electronic payment schemes which enables merchants subscribing to each of the national schemes to trade with subscribing consumers, irrespective of the payment scheme to which the consumers subscribers, or the consumer's unit of account and currency. Each of the scheme-specific electronic accounts is adapted to receive payments from a subscribing consumer, for products/services purchased from a merchant, in the consumer's currency, and to make corresponding payments to a scheme-specific electronic account, to which said merchant subscribers, in a currency selected by said merchant.
SE9704078A 1997-11-07 1997-11-07 Improvements in, and in connection with, electronic payment systems SE9704078L (en)

Priority Applications (3)

Application Number Priority Date Filing Date Title
SE9704078A SE9704078L (en) 1997-11-07 1997-11-07 Improvements in, and in connection with, electronic payment systems
PCT/SE1998/002002 WO1999024921A2 (en) 1997-11-07 1998-11-05 Improvements in, or relating to, electronic payment systems
EP98954892A EP1029295A2 (en) 1997-11-07 1998-11-05 Improvements in, or relating to, electronic payment systems

Applications Claiming Priority (1)

Application Number Priority Date Filing Date Title
SE9704078A SE9704078L (en) 1997-11-07 1997-11-07 Improvements in, and in connection with, electronic payment systems

Publications (2)

Publication Number Publication Date
SE9704078D0 SE9704078D0 (en) 1997-11-07
SE9704078L true SE9704078L (en) 1999-05-08

Family

ID=20408902

Family Applications (1)

Application Number Title Priority Date Filing Date
SE9704078A SE9704078L (en) 1997-11-07 1997-11-07 Improvements in, and in connection with, electronic payment systems

Country Status (3)

Country Link
EP (1) EP1029295A2 (en)
SE (1) SE9704078L (en)
WO (1) WO1999024921A2 (en)

Families Citing this family (14)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
JP2000048108A (en) * 1998-03-30 2000-02-18 Citibank Na Method and system to perform electronic value exchange and settlement among heterogeneous payment schemes with heterogeneous currencies
EP1212734B1 (en) 1999-08-26 2006-07-19 MONEYCAT Ltd. Electronic currency, electronic wallet therefor and electronic payment systems employing them
US6598028B1 (en) * 1999-09-03 2003-07-22 Lynn Sullivan Computer-implemented universal financial management/translation system and method
KR100373507B1 (en) * 1999-10-04 2003-02-25 이동산 a system for electronic commerce and a method for electronic commerce
US20020062278A1 (en) * 2000-02-18 2002-05-23 Ingram Bradley Kent Method and system for international e-commerce
EP1269438A1 (en) * 2000-03-31 2003-01-02 Siemens Aktiengesellschaft Electronic payment method and system for carrying out the same
WO2001093170A1 (en) * 2000-05-31 2001-12-06 American International Group, Inc. Method and system for foreign exchange price procurement and automated hedging
US10185936B2 (en) 2000-06-22 2019-01-22 Jpmorgan Chase Bank, N.A. Method and system for processing internet payments
GB2365559A (en) * 2000-08-07 2002-02-20 Rue De Int Ltd Financial payment system and method for internet transactions
US7440922B1 (en) 2001-05-04 2008-10-21 West Corporation System, method, and business method for settling micropayment transactions to a pre-paid instrument
EP1310928B1 (en) * 2001-11-08 2005-10-26 Siemens Aktiengesellschaft Method for enabling and conducting a payment transaction using a communication network
SG126685A1 (en) * 2001-11-13 2006-11-29 Singapore Network Services Pte A payment method for on-line purchases
CA2696374A1 (en) 2007-08-12 2009-02-19 Samer Elbizri System and method of offsetting invoice obligations
CA2865940A1 (en) * 2012-03-19 2013-09-26 Royal Canadian Mint/Monnaie Royale Canadienne Automated forex function in an asset storage and transfer system

Family Cites Families (3)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US5710887A (en) * 1995-08-29 1998-01-20 Broadvision Computer system and method for electronic commerce
TW345642B (en) * 1995-11-21 1998-11-21 Oxford Media Pty Ltd Computer network value payment system
US6016484A (en) * 1996-04-26 2000-01-18 Verifone, Inc. System, method and article of manufacture for network electronic payment instrument and certification of payment and credit collection utilizing a payment

Also Published As

Publication number Publication date
SE9704078D0 (en) 1997-11-07
WO1999024921A3 (en) 1999-08-05
WO1999024921A2 (en) 1999-05-20
EP1029295A2 (en) 2000-08-23

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Legal Events

Date Code Title Description
NAV Patent application has lapsed