System for handling network transactions

Electronic funds transfer – With electronic means providing security – Protects transmitted data

Reexamination Certificate

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Details

C902S024000, C705S018000, C705S075000, C340S005400

Reexamination Certificate

active

07581257

ABSTRACT:
The present invention relates to a method of enabling a computer network transaction for a product being purchased by a buyer from a seller by generating a once-only transaction feature associated with the transaction, by providing the transaction identification feature to a transaction acquirer, together with a buyer identification feature which identifies the buyer to the transaction acquirer, and by providing the once-only identification feature to the seller, such that the seller may provide the transaction identification feature to the transaction acquirer and the transaction acquirer can match the transaction identification feature received from the seller with the transaction identification feature they have been provided with and, if they match, can enable settlement of the transaction.

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