Micro-payment system architecture

A micro-payment system has buyers, sellers, and a broker. The buyers establish accounts with the broker and provide payment information allowing the broker to invoice the buyers. The sellers establish accounts with the brokers and specify terms for accessing items, including electronic content, avai...

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Bibliographische Detailangaben
Hauptverfasser: HARIK GEORGES, PERROCHON LOUIS VINCENT, CRESPO ARTURO E, NIELSEN THOMAS ALAN, PISCITELLO JOHN DOMINICK, LING BENJAMIN CHAN-BIN
Format: Patent
Sprache:eng
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Beschreibung
Zusammenfassung:A micro-payment system has buyers, sellers, and a broker. The buyers establish accounts with the broker and provide payment information allowing the broker to invoice the buyers. The sellers establish accounts with the brokers and specify terms for accessing items, including electronic content, available from the sellers. The sellers also provide payment information that allows the broker to credit the sellers for sales of the items. The broker aggregates the buyers' micro-payment purchases and invoices the buyers. The broker also aggregates the sellers' micro-payment sales and credits the sellers.