Electronic commerce settlement system
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United States of America Patent
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Jul 4, 2000
Grant Date -
N/A
app pub date -
Feb 3, 1998
filing date -
Feb 6, 1997
priority date (Note) -
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status (Latency Note)
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Abstract
In an electronic commerce, a processing unit in a financial institution freezes an account balance at a request from a purchaser, generates provisional settlement money, that is, money information, and transmits the money to a purchaser--s processing unit. The purchaser's processing unit transmits a goods order request and provisional settlement money to a seller's processing unit. The processing unit in the financial institution makes a final settlement for the provisional settlement money based on a final settlement admission request from the purchaser who received goods and a final settlement request from the seller who received the provisional settlement money.
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