Settlement systems and methods wherein a buyer takes...

Details Settlement systems and methods wherein a buyer takes... Settlement systems and methods wherein a buyer takes...

2006-05-02

2006-05-02

Coggins, Wynn W. (Department: 3625)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Electronic shopping

C705S014270, C705S020000, C705S027200, C705S039000, C705S075000

Reexamination Certificate

active

07039603

ABSTRACT:
Settlement systems and methods are provided wherein a buyer takes possession of a product at a retailer. In one embodiment, a purchasing system arranges through a communication network for a buyer to purchase a product from a seller at a first price. The purchasing system also arranges for the buyer to take possession of the product at a retailer that offers the product for sale at a second price. Payment of an amount based on the first price is received from the buyer, and the purchasing system arranges for the retailer to receive payment of an amount based on a settlement price in exchange for providing the product to the buyer.

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