Search International and National Patent Collections

1. (WO2001039062) A PAYMENT SYSTEM AND METHOD FOR USE IN AN ELECTRONIC COMMERCE SYSTEM

Pub. No.:    WO/2001/039062    International Application No.:    PCT/SE2000/002324
Publication Date: Fri Jun 01 01:59:59 CEST 2001 International Filing Date: Fri Nov 24 00:59:59 CET 2000
IPC: G06Q 30/00
Applicants: TELEFONAKTIEBOLAGET LM ERICSSON (publ)
Inventors: ANGELIN, Lars
ALLFRÉD, Christian
UNDHAGEN, Andreas
CARVALHAL, LuizOtavio
HARALDSSON, Lars
Title: A PAYMENT SYSTEM AND METHOD FOR USE IN AN ELECTRONIC COMMERCE SYSTEM
Abstract:
A method and system of payment of goods and services in an electronic commerce system, which reduces the transfer and processing costs for each purchase made by a customer from a merchant, utilising at least a customer agent (201) and a merchant agent (200), at least an account manager (202, 204) associated with the agents for administration of customer accounts and merchant accounts, and at least a mediating trusted agent (203) associated with one of the account managers (202) and merchant agent (200) for checking transactions during a trading session. The at least one customer agent (201) and merchant agent (200), the at least one account manager (202), and the at least one mediating trusted agent (203) being interconnected by an electronic communication network.