Computer network method for conducting payment over a...

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Electronic shopping

Reexamination Certificate

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C705S039000

Reexamination Certificate

active

07461010

ABSTRACT:
A computer network method for conducting payment over a network by crediting and debiting telecommunication accounts. The computer network includes a computer connected to the Internet, which performs the following functions: (1) receiving a payment request from a prospective payer; (2) confirming the request and assigning an unique transaction identifier; (3) receiving an electronic authority from the payer's telecommunication service computer indicating whether or not such request has been approved; (4) crediting and debiting payer's and payee's telecommunication accounts with their respective telecommunication service providers and (5) confirming this transaction by responding a receipt to the payer's mobile device and to payee's server.

REFERENCES:
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patent: 6560581 (2003-05-01), Fox et al.
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patent: 7051001 (2006-05-01), Slater
patent: 2001/0001321 (2001-05-01), Resnick et al.
No Author, “Banks Ponder The Power Of New Internet Gadgets”, Bank Technology News, Feb. 1999. Retrieved from Dialog File 16, Acc#:06171132.

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