WO2001084517A3 - System and method for secure network transactions - Google Patents

System and method for secure network transactions Download PDF

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Publication number
WO2001084517A3
WO2001084517A3 PCT/US2001/013814 US0113814W WO0184517A3 WO 2001084517 A3 WO2001084517 A3 WO 2001084517A3 US 0113814 W US0113814 W US 0113814W WO 0184517 A3 WO0184517 A3 WO 0184517A3
Authority
WO
WIPO (PCT)
Prior art keywords
payment
transaction
consumer
account
check
Prior art date
Application number
PCT/US2001/013814
Other languages
French (fr)
Other versions
WO2001084517A2 (en
Inventor
Michele Malconian
Original Assignee
Equifax Inc
Michele Malconian
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by Equifax Inc, Michele Malconian filed Critical Equifax Inc
Priority to AU2001257415A priority Critical patent/AU2001257415A1/en
Publication of WO2001084517A2 publication Critical patent/WO2001084517A2/en
Publication of WO2001084517A3 publication Critical patent/WO2001084517A3/en

Links

Classifications

    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/04—Payment circuits
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/08—Payment architectures
    • G06Q20/12—Payment architectures specially adapted for electronic shopping systems

Abstract

A comprehensive payment and security architecture presents an Internet or other consumer with the ability to pay for network transactions using authenticated check or other cash account, debit account, credit account and other payment options. A transaction server may authenticate the consumer's identity and verify the amount and type of payment, including to determine whether the transaction may be processed using the Automated Clearing House (ACH) system. Varying degrees in authentication score may result in the presentation of different payment options. Signatureless paper drafts may be generated for check-based transactions, depending on participating bank and other variables. Payment flexibility and transaction security are enhanced.
PCT/US2001/013814 2000-04-28 2001-04-30 System and method for secure network transactions WO2001084517A2 (en)

Priority Applications (1)

Application Number Priority Date Filing Date Title
AU2001257415A AU2001257415A1 (en) 2000-04-28 2001-04-30 System and method for secure network transactions

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US20033700P 2000-04-28 2000-04-28
US60/200,337 2000-04-28

Publications (2)

Publication Number Publication Date
WO2001084517A2 WO2001084517A2 (en) 2001-11-08
WO2001084517A3 true WO2001084517A3 (en) 2002-02-28

Family

ID=22741290

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2001/013814 WO2001084517A2 (en) 2000-04-28 2001-04-30 System and method for secure network transactions

Country Status (2)

Country Link
AU (1) AU2001257415A1 (en)
WO (1) WO2001084517A2 (en)

Families Citing this family (3)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US7171420B2 (en) * 2000-02-18 2007-01-30 International Business Machines Corporation Method and system for utilizing a database as a service
AU2001253406A1 (en) 2000-05-15 2001-11-26 Efunds Corporation System for and method of effecting an electronic transaction
US20220122091A1 (en) * 2020-10-21 2022-04-21 Coupang Corp. System and method for return fraud detection and prevention

Citations (4)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US5724424A (en) * 1993-12-16 1998-03-03 Open Market, Inc. Digital active advertising
US5732400A (en) * 1995-01-04 1998-03-24 Citibank N.A. System and method for a risk-based purchase of goods
US5850446A (en) * 1996-06-17 1998-12-15 Verifone, Inc. System, method and article of manufacture for virtual point of sale processing utilizing an extensible, flexible architecture
US5873072A (en) * 1991-07-25 1999-02-16 Checkfree Corporation System and method for electronically providing customer services including payment of bills, financial analysis and loans

Patent Citations (4)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US5873072A (en) * 1991-07-25 1999-02-16 Checkfree Corporation System and method for electronically providing customer services including payment of bills, financial analysis and loans
US5724424A (en) * 1993-12-16 1998-03-03 Open Market, Inc. Digital active advertising
US5732400A (en) * 1995-01-04 1998-03-24 Citibank N.A. System and method for a risk-based purchase of goods
US5850446A (en) * 1996-06-17 1998-12-15 Verifone, Inc. System, method and article of manufacture for virtual point of sale processing utilizing an extensible, flexible architecture

Also Published As

Publication number Publication date
WO2001084517A2 (en) 2001-11-08
AU2001257415A1 (en) 2001-11-12

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