TW482988B - Method and system for processing internet payments using the electronic funds transfer network - Google Patents

Abstract

A method for effectuating electronic payments more specifically for making electronic payments for internet purchases. Upon finding an item which it wishes to purchase on an internet retailer's web site, a consumer using its internet software extracts from the web site a price quote for the proposed purchase along with an identification of the merchant's bank and account number. The customer transmits a payment request message to its own bank over the internet. This payment request message simultaneously requests that the consumer's account be debited for the amount of the price quote and that the payment be made crediting the merchants account at the merchants bank. The consumer's bank generates a payment advice that guarantees the payment. The payment advice is transmitted to the merchant. With guaranteed funding, the merchant can immediately deliver the goods of services to the consumer. The customer's bank credits the merchant's account using the regional ATM network infrastructure.

Description

2988 V. Description of the Invention (1) Field of the Invention The present invention relates to a system and method for general operation of electronic commerce. More specifically, it relates to a payor using an electronic funds transfer system to promote electronic System and method for crediting to a payee. BACKGROUND OF THE INVENTION Currently, there are many ways for consumers to purchase electronically on the Internet, such as credit cards, offline debit cards, online debit cards, digital cash, and smart cards. Each method has its advantages and disadvantages. An offline debit card uses a traditional transaction credit card system to pay off the payment without the need for a personal identification number (PIN; Personai identificatic) n Numbei ^. Online signing The use of debit card 'requires the consumer to provide his or her personal identification number, and the purchase amount will be loaded from the consumer's account at the same time. Cards-missing: use = to make or reject related transactions, on the contrary, by borrowing: the items purchased by Shi Zhe Jiazhe, one can: the period is' credit card will be the dominant online = two conditions). ynt Of Sale) payment options, in the ^ ^ new Internet payment mechanism '5 years' Although the Shaanxi mysterious land' is now, consumers and distributors 482988 V. Description of the invention (2) By using the basic The function of the credit card has been operating happily in many business exhibitions. To this day, the use of credit cards in the market is still widely affected. Nowadays, “there are several large-scale market segments with online payment systems ^ j First, from online digital smart products or services, such as written music, software or games, consumers pay the highest number of purchases to suppliers.” These can be any of the "Inn raprenurs", individual dealer markets, whose products are sold directly to consumers, or more middlemen. Regardless of whether it is a traditional retailer or auctioneer, it gathers consumers and sellers to make sales easier. A second large-scale inter-city 'includes consumer-to-consumer electronic payment methods and a third growth. The market segment in China is an electronic method between business and commercial companies. These market opportunities will continue to expand rapidly, just as the Internet continues to expand. Generally speaking, the Internet is considered to be based on a personal computer (PC; Personal Computer) and telephone. No matter how # this mode is rapidly changing to include broadband communication through various local links, such as: Digital Subscriber Line (DSL Digital Subscriber * Line), and two-way cables, many components of the terminal are also rapidly expanding, including: mobile phones with video display as interactive TV, personal digital assistants (PDAs 〖Personal Digital Assistants) and public telephones (Kiosk) with Internet Network access function. The change of the two will increase the number of terminals and consumers, and there will be a demand for high numbers and small possibilities. Zhituo favors unified delivery, quantity, or small and large collections of consumer electronics and payment networks, such as wireless mobile communication services. 482988 V. Description of the invention (3) Generally, the sales and sales of sporadic consumers As far as the enterprise is concerned, the Internet has shown that the payment of the priest's sales and sales is largely a payment that is expected to be made by credit card. 苴 ^ = count these sales and use, and can be implemented by a built foundation = Widely owned by 'including highly secured payments and receipts that support a payment, but the party:' Yes? Significant difference *, in the traditional consumer use of letters: they are accustomed to using credit cards for larger purchases ‘debit card also: enter the market’ and have been used as cash and support. : The county replaced the purchase of small quantities of consumer products, such as food and paternity. ~ Debit card and credit card transactions are currently used (EFT: Electron Funds Transfer), including transactions that are transported via the EFT network from the original point (p〇int 〇f 〇r: Lglnat10n) (for example: a Point of sale (p〇s; p〇int 〇f, a cash machine ATM machine, or an internet dealer) to the issue

St Net 1 ί 5 generations of financial institutions. Now 'only the billing message is used by the exclusive, debit reverse message, a reverse billing message = a previous processing of the billing transaction, and usually does not take into account a credit of the idea 0 US patent US5 , 220, 50 1 Lawl or et al. Patent, describing a local banking business and bill payment system using the eft network, as described in this | Law 1 or et al. System and method, using The bank account uses the EFT network to perform a traditional payment method, and the traditional medium is used after the bean, such as: automatic transfer system (ACH; A 一 ^ 482988 V. Description of the invention (4)

Clearinghouse) online or paper checks, and the system of Lawlór et al. Uses a central computer to attach a connection via a dedicated telephone to the user, as opposed to a connection via the Internet. Although credit cards and debit cards are the most popular form of payment on the Internet, with each payment type of these payments, their shortcomings are worth noting that each type has one Relatively high = cost, which includes a commission plus a discount of 1.4% or higher for this high ground, using a business model that supports credit cards. Although credit cards and debit cards may continue to be important payment options for dealers selling relatively high-ticket items via the Internet, credit cards and debit cards are not economical enough for low-cost purchases. For low-cost projects, the easy-to-handle fee plus the discount from the dealer leads to transaction processing fees. Item: 2 Generates a relatively high proportion of total revenue. These-low cost helps it to ensure a low cost payment. , But it does not accept everyone to bear the dangers and burdens of certification. Among them, the product-type approach to payers makes independent payment procedures with high profits. The ability to: "A large number of video tapes, or service manufacturing processes have many direct direct modes, this competitive creation of negative producers in cost development On-line, and can instantly and gradually increase the number of software games are more Internet-generated models, or can directly trade with consumers, this die-cut relationship. First, by excluding relevant middle = competition The price of sex and the manufacturer's needs can be reduced & the need to reduce all costs, especially the burden, Chu-. One thing is, the Internet makes a lot of setup shops on the Internet and on the road, taking many consumers Information, the third point is smart products, such as publications, music,

Page 9 V. Description of the invention (5) ~~~ —— ~ '' ~~~~-: --- = local / clothing is sold on the Internet, not through traditional wide = 4 miscellaneous. Disc) media . When this trend has begun, it is as if we are looking forward to showing Πΐ: components entering the market, and the demand for e-commerce is also recorded; customers and individual works can be purchased (that is, the characteristic payment type of a song and a book.) Combining these two trends with the two characteristics of the two characteristics-distributors directly to the distribution to consumers, and Xiaowei two :. Presents small, high-volume, instant payments, and business-to-business, for example, the existing ri payment business model, large middle volume small ti 彳 +% online retailers and auction venues, will also benefit the same as high numbers The reasons for the description are as follows:-Low-cost payment Yuan shopping faces various problems, including-low-volume online post payment A; Zhongxi's website viewers; high-volume matters for online shopping. Processing system; high fraud rate and online Shudi ’s private factors have caused many potential customers to reduce their presence and fundraising, as well as reduce the benefits of online dealers. Payment enables: net effect; :: for consumers to other consumers, including: ί :, all traditional personal-to-person transactions, such as: cash or check transactions, rather than an instant digital value (West That is, the cost of the Western Union ❶ ❶ Cost, which is a significant proportion of a society

Page 10 482988 V. Description of the invention (6) Automated Clearing House (ACH; Payment) has started to make relevant payments via the Internet. These types of transactions typically involve loans, insurance and facilities. The payment method, its predictable, is that the ACH automatic transfer system payment will not be widely available online in P0S because of two reasons. First, a ACH automatic transfer system transaction requires a consumer and a dealer. There needs to be a pre-existing relationship. ACH automatic transfer system payment must be received, deposited and debited before the funds are used, as opposed to ACH automatic transfer system, credit cards and offline debit cards require authorization rather than authentication Similarly, online debit cards, certificates (that is, a PIN personal identification number or other authentication), like credit; and debit card transactions, ACH automatic transfer system requires users to provide operators (payees) and "Keys" to the user's account, and the traction mode of this completed payment has once again increased the security discussed in this case (such as fraud). For some or all of the above models

Two significant shortcomings are: 1) a pre-existing relationship between a consumer and a dealer, which must already exist; α and 2) the consumer is required to provide her account and / or PIN personal identification number. The disadvantages of the flute are that they cannot be practically overcome, such as a visitor: All dealers who may conduct business on the Internet have the first = yes, change the rules related to consumer accounts and PIN personal identification codes ^ On the Internet, 'even though the mail order has operated in this way for several years-it will be disturbing, if it is electronically on the Internet ^ the user and personal identification number p IN to strangers. ‘,’ Account

482988 V. Description of the invention (7) ~ _ ^ ----- Figure 1 illustrates the traditional loan transaction mode. In this mode, the consumer 100 expects to buy a small compact disc (CD; C0mpact Dis: m retailer 110, The consumer 100 electronically transmits his signed self-account 4 with the number and / or personal identification number p IN to the online retailer 11 〇, = he receives information from the consumer 100, the online retailer 11 〇 ^^ Submit the proposed Ease to its correspondent bank 120 or the acquirer of the goods, via the * EFT system =), the second approved bank 120 of the 'dealer', and then contacted the bank 13〇 (open ^, & order), For issuing debit / credit cards to consumers, this line 130 'will check the consumer's balance on the card' and then decide to approve or reject the relevant proposed transaction. This approval or rejection message, You return it to the dealer's bank 120 'and it will then notify: Road: 隹: 乂 Approval or disapproval message' If the account charged to the debit / credit card is privately approved, the transaction will be via the Internet 110. Delivery of goods to consumption and completion of related transactions. Same as the foregoing related to Internet shopping, some disadvantages applied to electronic Qin payment. The first disadvantage requires a customer and bill receipt ^ η: sub-one relationship, but this is not the main concern, Therefore; Guanΐ 入 ί :: can already exist between the consumer and the payee (for example: ίϊSupply company); the second disadvantage is that it requires the consumer, his or her account and / or personal Identification code ριν, this deficiency: the focus of ancient iti service payments. Although for account payment, it is “% of cases”, but consumers still speculate that some consumers are still worried about his / her account number because of regular payments and collections, which will affect their relationship with the receiver. Consumer privacy.

Page 12 482988 V. Description of the invention (8) Summary of invention Platform: = i—The new embodiment is completing the electronic payment, which is based on the existing < existing results, mainly based on the 俤 -1 infrastructure and the current available network. Technology No. 2: E-commerce between virtual and physical business centers has become: Xu Xun; L 'is mainly to provide a sound and safe way for shockers (consumers) to shop and pay on the Internet The single payment is based on where to pay to any person. The consumer does not need to send ^ yards to the payee at all. The operator receives the pure information through the electronic data exchange network and delivers their products. The present invention can further make the father of 2 finances feasible, and allows, the establishment of Web Cash, 1 'is like providing facilities for customer service and records management. 2. The system components of this & Ming include: a payment processor; a digital wallet; an Internet can pay anyone (IpA; Intei: net pay Anyone) account; a virtual private lock code box (vpL; Virtual private

Lockbox); —Account reporter; an existing Electronic Funds Exchange (EFT) network; and a cash card, the payment portal processor (ppp; payment Portal Processor) is an application software that can increase any Internet f The performance of Liu Manqi and e-commerce, this PPP application software provides a secure port on the front end to access (link to) the user's demand deposit account (DD A;

Demand Deposit Accounts) and IPA accounts. This ppp allows users to promote electronic credit from their DDA and I PA accounts to any other account via the EFT network.

Page 13 482988 V. Description of the invention (9) ~~: — ~~ -—— ^ Ran'PPP can be used as an independent operation product. In the present and preferred embodiments, the function of PPP is Directly combined with a ppp 婵 J i digital wallet to enhance the consumer's Internet shopping experience, it can be connected to PPP processing and can be combined with the characteristics of existing digital models, and even the characteristics of online banking ( Example 2 p asset pp = ί a can be incorporated into ppp to allow account maintenance and 1pa account soil provision, the present invention is combined with traditional money bag functions and account reporters _ ppp is used to provide consumers Account funds, payment of bills online, payment to anyone, storage of electronic receipts and past ρρρΙ Λ record Λ and Λ review the status of the user's recent account and lectures' Therefore, it is all women, no danger and convenient The way is to carry out relevant financial transactions through the Internet ,, and Kushiro. A # = The main previous skills of the electronic money bag on the Internet today, which is used for: + The parent tool, which only provides a stored account number information And other functions Such as: freight address), unlike traditional money clothes, Ben Leming's payment port processor (PPP; Payment Portal enhanced electronic wallet, which is combined with one or more μα and / JIPA accounts, this PPP is provided for users A form of virtual cash, which is complete and guaranteed to pay. This ppp further includes a receipt and 'maintain all transactions linked to the relevant account to the ppp payment status = historical records. This PPP import-step device storage combines The ability of accounts to link to 1pp, discount coupons, bets or other market incentives of ppp. This PPP enhanced electronic wallet enables consumers to enhance their experience in e-commerce at Bud Long! | And shipping information

Page 14 482988 V. Description of the invention (10) _ bit to reduce the tedious process, the electronic wallet's automatic form is also confident that the promotion and PPP stubbornly point out that most of the e-commerce features are significantly profitable, Since the study of Sale) was abandoned, due to the fact that Gobi filled in or provided personal credit card fees at the point of sale (PoS), he was unwilling to complete the automatic form filling feature of the long form money bag Γ; II f 丄= And the address of 'Ship t0' of PPP enhanced "is a mistake of the parent ^, such as " send negligence. ', For automatic filling, it can reduce human input.

Role Γ: 月 Month: 较佳: The preferred embodiment is that the user provides the number of the card used by PPPP, the user receives funds from Section L and provides funds, and PPPP strikes k,, ", his or her credit card Pay the authorization. When the two credit amounts are authorized, the user Yufeng 1f Qiu User Bank will then settle the root payment with the card issuer before the end of each day. / 、 The account is a fund with a specific purpose and limited source electronic payment. The funds in the second-time account can only be used electronically by the account using a second-private authentication process (such as a personal identification code PIN). For example, this type of electronic access to the IPA account can be done through a personal computer (PC), card reader (Cardreader), personal digital assistant (pDA), interactive television, and mobile phone technology, such as this restriction Can provide a consumer with enhanced protection, so that consumers no longer need to provide their account information to any stranger. The aforementioned ppp (operated by the user) safely transmits information to the ίρΑ account and is activated according to the present invention. The related payment, an important feature of the present invention, is completely different from the previous technology, and the payment is from X ΙΡΑ

Page 15 482988 V. Description of the invention (11) The account is transmitted to the payee, as if the same credit is used in the EFT network. As discussed in the previous description, only one loan-related transaction is currently in the EFT system. The method of EFT credit message of the present invention represents a significant progress, and this has not been disclosed in related e-commerce in the previous art. Similar to an IPA, VPL is a limited function account, in which an IpA can be accessed electronically, and a VPL is built as a receive only function, which enables a dealer (or Any third party) receives electronic payments via EFT, so-vpL is a secure address that can provide the public as a medium for receiving funds, and these funds can then be automatically scanned to the user's relevant DDA or IPA account, and this action is better, it can be implemented once a day, as will be described further below, according to the present invention, there are several VPL account forms: one for consumers, one for dealers and another. Initially linked to a cash card as described below, the VPL card is a receivable account, which can only be used for billing by using a current personal identification number PIN. The VP1 of consumers and distributors can be similar to a personal digital The number PIN is used to deposit and withdraw funds in the account. Unlike an IPA account, a VPL account cannot be used to initiate EFT credit messages. In a preferred embodiment of the present invention, the IPA and vpL accounts are logically Account and an address to represent an account, an address (ιρΑ address), is = known to the user (and the issuing institution) and used to identify from the account, other addresses, VPL The address is used to receive e-credits and can be freely published without having to worry about possible fraud. Account reporters are customers or businesses who view an IpA or vpL account

Page 16 482988 V. Description of the invention (12) In addition to the aforementioned characteristics of the attempt to use the account of the user, the account reporter, including the "muscle account" can try to use special features, this The account report is only for him ^ The incoming jFT payment record is provided, and the function of line i, that is, the transaction record is corresponding to the receipt / purchase record account balance verification function. This process record can be backed up, stored and retrieved, and retrieved by one in two Engine, which can provide the amount of locks mined by the dealer; J: = manpower, according to the previous skills, it is on the top "= palm; work account reporter link, provide a complete 2 =" 统 'M and the dealer 'Muscle and Account Reporter's Final Cash Cash Management Machine: Receiving Payment Verification, Accounts Receivable Function, Order ^ One of Provisions = Instant Payment System / Supply Chain Management and Data Reduction Function 〆 2. The report of the commodity control account is a balance ^ balance checking and record retention; 1 this is available; for instant payment confirmation,: early, to be accurate for the actual payment in real time # d Fetch, store / _fetch parent 〇 stored feature, without In order to provide all of the above principles as before ^ M +, it is necessary to actually perform the management of funds and use the structure described in this article. The present invention ^ ^ ^ ^ operates on the Internet safely and ^ ^ green, Allow consumers and business counterparties to pay funds, online counterparty payments, online beijing online electronic payments and even use-linked

Appeal 0 厶 705. Description of the invention (13) Function of cash card 'The method and structure of the present invention can enable e-commerce to be used on a virtual and physical two-deposit platform. It becomes feasible through following the basic technology. The foundation and purpose of the Internet technology can be used in two steps to solve the problem "Although not all, but at least many of the aforementioned prior art techniques" tf | 中 刖 "All Internet transactions use " traction (pul 1) " Example :: The seller must receive the customer's account number (and on the contrary ^, and instead pass the bluff code PIN) to complete the payment, the payment of the present invention (Vt Λ IT # ^ (push > " ^ ^ ^ ^ ^ t ^ ^ To a distribution W 'stick Ling from an EFT credit' from their 1pa or delete account: greedy ': .σ, medium, without the need to provide their own sensitive financial account security enhancement Level considerations because of the sensitive financial aspects: and the two parties of the present invention * 'provide buyers and sellers ... comfortable and feminine and private ,: t η > received immediately via the EFT network' After the payment is confirmed, the buyer can first ensure that the buyer ’s funds are in accordance with the “good” condition in order to complete the understanding of the buyer ’s credit before putting (transporting) the product to the consumer. Explain that the present invention provides significant economic benefits. This method is the main reason for implementing the present invention ":: 于 先The technology is unified. Hi-tech A t requires technology that already exists, which can lead to the clear way. ㉟2: It accounts for the relative reduction in the initial cost of the invention. According to the present invention, L-! EFT exchange payment transmission, but also-the cost of the parent, and the payment mechanism of the previous technology does not

Page 18 V. Description of the invention (14) Suitable for dealing with small amount of transactions Effective cost-cutting: low-cost structure 'requirements, such as the demand for the growth of small payments for Internet goods. , Θ Zhu files, can also support large amounts of payment: the structure and method 'can overcome the previously mentioned prior technology and then need to be on the Internet—beiwan, beneficiary or business) is not sure / Besides, Beifang directly deals with the institutions that it is responsible for (in the preferred embodiment of the present invention, the role of seven is not only required to have a pre-existing relationship between the customer and the dealer For distributors, compared with the use of credit cards, the cost of Ben Yiyi, compared with the cost of makeup, 5?. _ / ', Helps to reduce credit disputes and eliminate disputes. And the treatment of the issue of charges = the view that "land can almost exclude all its existence :: In words, the present invention, because of the consumer, typically, only j :: fraud: love affairs show that the typical ancestors, Need to absorb the occasional effects accompanied by scams stuck in the inscription) White computer hackers to steal consumer account numbers (for example: dual-use card to bluff horses) The probability of a dealer from an Internet can completely show 'due to distribution Merchants have never received this type of information. Zai has no restrictions on consumption Since Internet Business lock or a half of (ii): The method was according to the present invention, can provide by i; ", financial institutions, funds to be transferred at the same or any other

Page 19 V. Description of the invention (15) — ~ ——-—_ Different financial institutions have an account, and the present invention can be paid to any J person step: it can be widely transmitted by the respondent electronically and instantly: Owing to the cost / ', allows both parties to bear costs. "Beijin" without having to pay the current wire transfer fee scheme. Simple explanation To explain the present invention, the Ming Tai phase 1 is shown in the following form of the diagram. Brief Schematic Form Figure 1 illustrates Yi Yi Gu Mushroom, which is not intended to limit the present invention. Figure 2 describes an online lecture provided by the present invention. Figure 3 describes a preferred "" column of the foreign object of the present invention. example. One of the preferred implementations of the mechanism for anyone to pay Figure 4 illustrates a preferred embodiment of the present invention a PI r ^ go, card, card 0 Figure 5 § Er Ming-payment of the present invention to anyone 22 FIG. 6 illustrates an example of a bismuth bismuth for a bill issuer of the present invention. Best embodiment. Placing requests for a bill payment is a preferred embodiment over one of the bill payments. Figure 7 illustrates an embodiment of a service provider tie-in of the present invention. 〇 τ Figure 8 illustrates the unified understanding of consumers of the present invention Figure 9 illustrates a framework and procedure for early payment of an account ^ according to the present invention; and, an electronic money bag to provide funds

ΙΜ1 482988 V. Description of the invention (16)-Figure 10 illustrates a preferred embodiment of the present invention, which is a method of providing funds by promoting the credit of the user's credit card EFT. The detailed description of the invention is different from today's credit cards, online and offline billing, and other currently existing payment models. A unique feature of the method of the present invention is a payment instruction and payment process that should be guided by the credit card, online and In offline billing mode, a buyer provides a seller with an instruction, which can authorize the seller to collect funds from the buyer's account. According to this system, the billing instructions result in a guaranteed payment in the case of online billing. It's better than waiting for funds in a long time (such as the case of a check) or the case of offline billing ^ credit card, etc. The difference between the previous technology model and the present invention model can be described as a "traction" (Pull) and a "push" model. In the traditional model today, the seller uses a billing deduction (P u 1 1) payment from the buyer's account. However, the present invention is a buyer "Pushes" an EFT credit to the seller's account. Figure 2 illustrates a preferred embodiment of the present invention, in which a consumer (including when the enterprise is a consumer) can perform Internet shopping, and Figure 2 further illustrates that the main structural element of the present invention, element 200, represents Take the components of the Internet through the consumer f. In a preferred embodiment, the workstation 200 is a mine, and a personal computer (PC, personai Computer) loads an Internet play device 210, such as NetscapeTM NavigatTM or Microsoft MicrosoftTM Internet ExplorerTM, an alternative reality

Page 21 482988 V. Description of the invention (17) In the example, "users can access the Internet and use any of the Internet-ready components", for example, an ATM (ATM; Aut available to the Internet) 〇mat ic Teller Machine), a digital assistant (pDA; pers Digital Digital Assistant), such as a Paim PilOtTM, a mobile phone or interactive TV 'The present invention is not limited to access by any available ^ The special physical components of the Internet and the methods of using any one of them can be used for example, kiosk. If they can be provided to the Internet, they can also be used to implement the present invention. When a user uses his browser 21 to access the Internet, a wallet 215 is activated by the user, and this electronic road end is downloaded and installed. Use Lei Zao to continue on behalf of Congmu ,, 罔Now, if you have an electronic wallet 215 on a main web server, and make 210 on the /: end or a button (for example: image button), on-Liu Kuai 210, go to access electronics Money bag 215. Here is how to see ^^ 200 200 ^ #, ^ ^ 'The electronic wallet 215 can be loaded outside of various non-personal computer models, personal digital assistants (pj) A s), actuators, such as · · The soil π mobile phone and interactive Thunder 4 enemy can access the electronic wallet 215, on the toolbar of the login to the Internet TV 'Consumer 210, select No, by the end of the cable browser An early generation of Thunder, stinky clothes or a choice of 2m non-personal computer components in the distribution network, electricity λ: 215 can be activated through another application, an electronic wallet main website, 纟 — comparison of the present invention; Gui Erlian, or via-for example ...-Bank operations dominate electronic wallets only? Application Program Interface of Chinese ‘-Enterprise’

Page 22 V. Description of the invention (18) (API; Appl icat i0np. T, — 丄 on Programming Inter face) Serving the month device: M case of the dagger to provide additional in the electronic money bag 215 and user IPA 23 0 or 1 It is a secure link maintained by the account in the organization. Figure 2 summarizes & the preferred embodiment of the present invention, in which the electronic wallet 2 1 5 has all the power to a single requirement, for example: a ppp enhanced electronic wallet 215, which performs all the traditional electronic The function of the purse (such as form filling) and the payment function of ppp 227 described below, as shown in Figure 3 (discussed below), can be replaced by the electronic purse 215, which can be traditional form filling. The electronic wallet and the appropriate interface to ppp 227. In a third preferred embodiment (discussed in Figure 5 below), the electronic wallet 215 ^ is not used, and ppp 227 operates with independent component functions. Authorization to Generate Payments' The following discussion of the PPP enhanced electronic wallet 215 is particularly relevant to the equal application of PPP 227 in the payment function, when used as a stand-alone element or when used to link a traditional money The condition of the bag. The user login to the PPP enhanced electronic wallet 215 is secure and encrypted to protect the confidentiality of any financial information accompanying the operation of the PPP enhanced electronic wallet 215. Once accessed, a window contains ppp The enhanced electronic purse 215 will start to appear on the workstation 200 and is still open during the period of use by the user. The function of this PPP enhanced electronic purse 215 window to communicate with other drama diffuser windows is in the present invention. In a preferred embodiment, the user is connected to the PPP enhanced electronic wallet 215 via the Internet. In an alternative embodiment, the user's workstation 200 to ppp enhanced electronic wallet 215 The software connection can be achieved through another dial-up line or a third-party private network.

Page 23, 482988 V. Description of the invention (19)-~ One one ~ —— As one of its main functions, ppp enhanced electronic wallet 2 1 5 This function provides' through ppp 227 as an Internet Internet payment account (IPA 'Internet Payment Account) or a DDA account 230 into the PPP secret and this will be described in more detail below. In a preferred embodiment, ^ s strong electronic wallet 21 5 stores the following information Type: Form filling information, such as: credit card number, debit card number, shipping address, alternative shipping address, frequent current account, member discount information (such as: AM Erbei, AARP member), premium plan and electronic Mail-in address, discount information such as: e-coupons (e-coupons), discount and dealer-specific proof of spending, accumulative points or miles, text and convenience information used in conjunction with ppp 227, For example: VPL number (following and description below) that is often paid 7 ^ Pay account number, receipt, e-commerce bookmark, shopping list, a better download folder, is created on the user's regional hard disk, ppp enhanced The electronic wallet 215 has a catalog menu for selecting, updating, screening, importing and exporting any of the above information ㈣. Using the above information, the PPP enhanced electronic wallet 215 will automatically fill in the dealer electronics Shopping list and user's shipping address, electronic address, discount number, etc. This PPP enhanced electronic money bag 215 can be based on the support of virtual cash (IPA / DDA) payment, traditional credit card and payment pull ”and a combination of two types of payment, which will be further described as follows, when From a dealer network end 255, an electronic shopping message is received, as described in the method of FIG. 2 further described below, the PPP enhanced electronic wallet 2 1 5 users can · 1) approve a shopping; 2) Grant a payment to the consumer bank 220 to initiate payment via a payment; 3) Verify the distributor's payee information

Page 24 482988 V. Description of the invention (20) Correctness (dealer account 235, proof at dealer bank 275; 4) Generate a shopping confirmation 244, which is transmitted to the dealer network 255 or VPL reporter 240; And 5) generate a receipt, which can be stored in the server-led PPP enhanced electronic wallet 215 or a user storage (such as a hard disk drive) on the workstation 200, the PPP enhanced electronic wallet 215 is used The user receives a confirmation message stating that he has no shopping status, if a shopping situation is not completed.

The PPP enhanced electronic money bag 215 includes a "Time 〇ut," feature, shopping will be invalid under a specific time calculation (for example: 10 minutes), the shopping demand in the table is not listed. The user approves the payment to "Pay Anyone '", as further described in Figure 3 below, the PPP enhanced electronic wallet 215 supports a user-defined cancellation period (for example: 3 0 minutes), when the user allows the reverse transaction status.

An additional feature of a PPP enhanced electronic purse 215 is a parent-controlled build. When setting up an IPA account, the user is given the opportunity to set up a subsidiary (child) IpA and / or VPL · account. The main (parent) IpA account is controlled. For example, a parent may need to create an account. For each of its children (chl ld), it is connected to the parent's ppp enhanced electronic wallet 215 through the IPA account. You can check and control the movement of all children's accounts. For example, the father can limit the funds in the child account. For example, they can only receive funds from the father's account. This will prevent strangers from paying the agency on their own. Money to the child account, this parent can also limit the total or amount of any transaction, "account or limit (block) any unapproved vpL account payment (for example ···

Page 25 482988 V. Description of the invention (21):-Combining with unapproved Internet terminal). Using the functions of online banking services, ppp enhanced electronic wallet 215 can be maintained (linked to) one or all accounts by the user at the bank 22, so users can easily transfer funds , Amount and equivalent credit, from one account to another (for example, from a deposit account to, — IPA account 230 or VPL account 235), although the preferred embodiment of the present invention, IPA230 and VPL account The maintenance of a financial institution (such as a bank), any enterprise, which can maintain the accounts 23, 235 and perform the operation of the present invention on the EFT network 270, is gladly accepted. A unique transaction number is included in any payment link and from the PPP enhanced electronic wallet. All payment communications are stored through the ppp enhanced electronic wallet 215 for user review and review. Accounts, examples of stored payment communications, including payment messages from dealers or bill issuers, payment authorizations and payment confirmations from the PPP enhanced electronic wallet 215 to the bank 220 to the dealer (255 or 240), The transaction number 'for a specific transaction' is included in each communication and allows instant linking and guidance on communication records (eg balance check). The PPP enhanced electronic purse 21 5 contacts the account reporter as described below, which In order to access all stored transactions, in a preferred embodiment of the present invention, the payment communication records are stored in a common database and a combination of the PPP enhanced electronic wallet 215 and the account reporter (additional To) A specific account, for which these accounts have access to a common database pair, “Father easy to be stored, and for auditing and disaster recovery purposes, ppp enhanced electronic wallet 215 allows users to go Read the history of all transactions, including receipts and signals, some of the past history of this item has been screened by saying

482988 V. Description of the invention (22) Period, function (bill payment, payment to anyone, shopping, etc.), quantity, payment initiation or receipt, and distributor, etc. As further described below, the PPP enhanced electronic money bag 21 5 requires the payee information of the dealer, and the only way to identify the dealer's Virtual Private Lockbox (VPL; 235) is this payee information 'Includes dealer bank 2 7 5 identification number (typically 6 digits) and vpL account 2 3 5 number (typically 10 to 13 digits), such payee information constitutes an address to electronic money Bag 215, which can promote (pUsh) related credit, enhanced from ppp, electronic money bag 2 1 5 payment communication, can repeat the payment action (for example: daily, weekly, etc.), just like regular payments (in A specific calendar day or a specific day). If the PPP enhanced electronic wallet 215 is linked to a DDA account, DDA billing, such as: checks, returned checks, ach payment, etc., is not provided for the main IPA account 230 in combination with the ppp enhanced electronic wallet 215 The user needs to recognize and agree to accept a π? A strong electronic wallet 2 1 5 contract before they use the ppp enhanced electronic wallet 2 1 5 before the first transaction, including a demand response to receive any errors Ongoing messages.

Before using the method of the present invention to process any online shopping or make any payment, the consumer establishes an Internet Payment Account (IpA; Internet Payment ACCOUnt) 23 and his bank 22, alternatively, a dda account 230 may be Use, but it is less favored. One of the reasons is that it can be imagined in advance that only small payments can be paid in the IPA account 230, and then less funds can be kept in the account, which is different from normal maintenance. A dda account

Page 27 482988 V. Description of the invention (23)

The IP A account 2 3 0 is a specific account according to the present invention. In particular, it is used in e-commerce. Once the IPA account 230 is established, the user can collect the funds of the account 230 from his DDA checking or deposit account. , The customer's Line of Credit, credit or debit card account transfers funds from its customers through the bank 220 or any other account (such as other Shanba accounts or credit card accounts. In other financial institutions, Master IpA account 230, provide users with a confirmation ability to verify whether the total amount is correct, IPA account 230 and VPL account 235 (described below), both of which are allowed to use the personal identification number PIN to sign transactions, from the relevant account Withdrawal. ° In a preferred embodiment of the present invention, the IPA account 230 is a combination of a VPL + account 235 to a different account. The IPA account function is accessible through the first address to the account, thereby funding It can be sent from the IPA account, only the user can access this address, and its password and / or personal identification code is protected. If the user has several IpA accounts, when the user Access to its PPP 227, a separate password and / or personal identification code piN program 'provides access to all user accounts, the function of the VPL makes an I account appear as a receivable account, The second is a more suitable but different address for proper access. According to the preferred electronic credit of the present invention, this second address can only be used for receiving credit. Can be used to receive funds, users can freely publish this, address, and without any possible fraudulent behavior against some people, leading to self-accounting, fear of sending out money, account of [讣It can be accessed in the personal = PIN code PIN transaction, which is the same as the invention (see FIG. 4). In the following, the embodiment of linking a physical card is described further below.

Page 28 V. Description of the invention (24) A ~ —— — ~ ^-Jiazhi; ^ Do not set up 1PA / VPL account 230, the type of electronic credit and payment is more than DDA / system from the perspective of the user ' Point to provide a general DDA from the user—individual account, as with its normal account, a sub-transaction history, like the IPA account23. No need to bear interest, it is foreseeable that the user can appropriately provide only a small amount of funds Until the account is purchased with sufficient IΛϋ, the user can periodically (for example: weekly) set up in the second, automatic funds, in another-alternative embodiment of the present invention DM: according to the original issue ... user payment, can Direct payment is not the same as a general IPA230 or VPL235 account, there may be physical transactions of the Shaw 'as will be shown in the following about ATM 1η Γ, μρΪν) ^^^^ The most important and distinguishing feature of the present invention of the card reader entity of the account holder is the road 270. Although these net pastes have provided secure gold transfers for many years, according to the present invention, Use: In the EFT network, the present invention provides 7 means / historical method for billing information in the same way as before, in which only the letter: the use of the second-more than the billing parent (for example, : Credit card) The reverse path 270 is used to increase the effect of 1PA transactions. The actual report reports that Λ can and is the same, EFT network 270 transmits, \ 金 人和 / Λ namely Λ The transmission of the elder brother's special father Easy code, account and bank number

Page 29, 482988 V. Description of the invention (25) The message (address) of the code structure (address) is used to uniquely identify I p A transactions, and even EFT network 2 70, can be used to verify the destination as further described below Account validity and verification of existence. As mentioned above, it is similar to an IPA account, ...—— VPL '' Virtual Personal Lockbox''235, which is an account with limited functions. When an I PA 2 3 0, it can be electronically Access to external payment transactions, a VPL 230, system construction and EFT network "can only receive (receive 〇nly), function, this VPL account (or a vpL bit for a dual access IPA / vp] L account Address) feature, to provide a dealer (or any other party) to receive electronic credit (such as payment) via EFT 270. In this method, a vpL 235 ° is a secure address that can be provided to the public As a medium for receiving funds, once received through a VPL account 235, the funds can then be manually or automatically scanned through the dealer bank 275 to one of the owner's other accounts 280 (for example: a DDA or cash concentration Account 28〇), this checkout can be a day of inflammation: 2 more or less once a day 'as the way to achieve the purpose by VPL users. As the same IPA account 230' This VPL 23 5 can have a physical Cheng Geng card to purchase and collect in person For shopping, Rong Er Fetch = or dealer card reader, pair-individuals use ^ CKiN) to charge the account, using 佶 235 ^ ^ ^-e, the user can only access (address) to VPL · 235's billing parent is easy, although it provides a function, it must repeat the general functions of _VPL 235 ^ \ to hold Beckham),, bvpL 235, ^ ^, (^ # ^ a /, ΛΤ # ^ f Comment on the order or other 482988 described in the fifth, invention description (26):-Personal Identification Number (PIN) transactions.) In a preferred embodiment of the present invention, the VPL address is used for various distribution or Other recipients of electronic payments are available in the public directory 325 (see Figure 3). Since a VPL account 235 " receive only (receive 〇nf address), it is published in the public directory The other users of the VPL 235 can be alleviated by the lock provider and "receive 〇nly" "VPL 235. In a preferred embodiment of the present invention, the directory of the VPL address 325 , Is maintained on an Internet-accessible server or one such server, and access is via a network that provides the ability to Select and access VPL information 'Alternatively, directory m can be accessed by a personal digital assistant (PDA), public telephone (kiosk) or telephone using voice recognition or other telephony technologies, and directory 235 can be accessed via PPP enhanced electronics Bag 21 5 is used to verify the accuracy of a VPL address, in which it bears to transfer a credit message to the account designated in the VPL address. As mentioned above, the address of an IPA 230 or VPL 235 consists of the confirmation of an institutional account number (usually 6 yards) and an account (usually 0 to 13 yards). White Pages) "directory 325, including but not limited to VPL address, VPL consumer name, user's post office address, a phone number and e-mail address, for businesses, electronic yellow pages (Yel 10 pages) Directory 325, including but not limited to VPL address, business name, industry or business type, business post office address, telephone, and electronic address. As briefly described above, account reporter 240 is a view of a VPL account 235 This account 240 provides online and real-time transaction reports, as well as

Page 31 V. Description of the invention (27) '-= Reconciliation of the account / order record 250, for the incoming Eρτ payment record 铮 = 5, although the first used by the dealer is #, which is reported by Shu reporter 24〇 = Is combined in the PPP227 electronic wallet 215, preferably ppp227 = the basic combination needs of the household and the account reporter m, including the need for enhanced features of the lock merchant f = industry (such as the verification of shopping records and payment records) Second Π5, update account reporter 240 as payment record (credit and parent account number, received via EFT messaging system 27〇 "as follows == order 25〇 (in a form of record) and payment confirmation (= fan) From the dealer and the requesting payment network, it is passed to the account report owner 227, which is seen in the reception of 'Account Reporter 240', and also has the ability to self-report from PPP II Λ 44, purchase confirmation 244, and payment record "5, yes = reporter 240 Real-time capture, account reporter 24, users can only: f, the record of the VPL account 235, although 1 rim account 235 Cao illustrated in Figure 2, Gan +-dealer, can simultaneously maintain several VPL The '1' of β 1 is to go to Announcer 240 and be accessed and inspected. PPPP 2 ^ 7 ^ Λ ^ ΓΡΑ / νΡΙ ^ ^ ^ ^ PPP 22 ^ ^ ^ ^ rrr ζζ (Go to view these accounts. In addition to the basic features and functions described above related to Account Reporter 240 (Storage_ >, -Account Reporter 2: A preferred embodiment of a capable distributor, the first additional function: Power: Account Reporter 240 is provided by the provider for verification, and ordered from the shopper network 255 with shoppers Confirmed 244

482988 V. Description of the invention (28) The demand for raw bites 2 50 and EFT payment records 2 4 5 match. For any item, check the exception status made by the accounting account 240, and mark the situation that the basin cannot be matched. This distribution The merchant reporter 240 can further provide identification numbers (ID; Identification) and security passwords, and provide various levels of access authorization to users. In addition, the dealer account reporter 240, automatically updates the dealer's receivables , Goods and fulfillment files, if the same is further extended, the account reporter 24, also has the ability to perform services, Douzhong Information 2 = dealer website 255, which is integrated and communicated to a warehouse ;; start product shipping 260 , As if linked to the United Parcel Service (upsTM;

Parcel Service), FedEx (TM) or other freight services to complete the relevant freight 'Account Reporter 24, including important customer service workers', such as the function of instant retrieval / review of electronic shopping orders / payments, and times The function of direct mailing or automatic faxing to customers, account number 240, and further provide data layout tools, whose / thing f = behavioral collection of relevant statistical values for seasonal and regional buyers and U trend tracking As well as other key demographic values, unified distributors based on this can be issued centrally, designated as electronic coupons, and reported via their account 240. In a preferred embodiment of the invention, a user of an IPA account 230 is required to push (Push) from 1PA, including any of them (for example, account number, name, etc.) Etc.), one of the advantages of the present invention is that the credit promotion can be completely eliminated. : t ^ It is impossible for recipients to determine where the credit originates ^ " You can also use a transaction ID, which is included in the EFT credit promotion

Page 33, 482988 V. Description of Invention (29) to compare 'Accept credit with a proposed shopping plan. In the preferred embodiment of the Internet described below, the Internet distributor provides the buyer and transaction ID And the buyer includes the transaction ID in a VPL account that was sent to the Internet in a credit message. If the user pays less attention to privacy, the user may include some or all of the identification information. In the credit push, if the credit push reception, through a VPL 235, does include some identification information, then The account reporter 240 can be configured. The identification of the individual buyer must be initiated by the user to credit to VPL 235 before it can be used in the account report 240. For customers, the account reporter 240 appears as one The intangible part of ppp 227, when it comes to dealers or businesses, the account reporter 24 appears like a different facility. The MM dealer is "familiar with these artists" dealer website, including code (for example: HTML, muscular) to get the payment BIN description (payment information) to the electronic wallet 215, as shown below Further description of these payment messages typically include the dealer ’s 2 π address, which includes the dealer's bank to defend 275. ^ "b-bit fee can be promoted-Wei Tian. The payment message makes the consumer, Among them, the IPA account 230, via Ej? Lee ^ VPL ^^ 235, ^^^ _ ^ 7T ^ '4270 (hotlmk) on the shopping website 255, which is a direct purchase type electronic wallet 215. Xie Bei enhanced narrative The structural elements of the preferred embodiment of the present invention are one of the descriptions of the present invention. Niu Hu recognizes it as an example at the time of operation. For example, in all Figures 2-9, i Gabesch. A. The steps of this method are adjacent to the small circle in the figure.

482988 V. Description of the invention (30) The closest action of the structural element is explained in the implementation. In this preferred embodiment, the consumer (user) starts the procedure steps in 2A and logs in to the Internet. Open the browser 2 1 0 and select the ppp enhanced electronic wallet 2 15 image button. From the toolbar of the browser 2 1 0, this ppp enhanced electronic wallet must wait for the user. Really want to buy items before they will be activated 'But this PPP enhanced electronic wallet 2 1 5 can also include a link to a user's favorite shopping website (or a payment website as will be mentioned further below) 歹 1J . In step 2B, the user completes a verification process 205 to correct the identification of him or her to the PPP enhanced electronic wallet 215. Typically, this verification process involves the user entering a user ID code And the password is on the keyboard of workstation 2000, so the user authenticates and accesses their ppp enhanced electronic wallet 21 5. In step 2C, the user therefore presents the IPA account 23 0 combined with PPP enhanced electronics The balance information of the purse 215 can be selected from several options. In a preferred embodiment of the present invention, this option can be presented to the user and can include: online shopping and payment to anyone (see Figure 3 and Figure 5) ), Collect funds account (see Figure 9), pay accounts (see Figure 6_8) and view account activity. Assuming that the user has selected the option of shopping on the Internet in step 2D, this Liuyi device 2 10 can directly start to a specific website of an approved dealer (which may include several VPL addresses to the dealer), or alternatively , The user is free to manipulate the selected Internet to the dealer's website. In step 2, the user has found a specific dealer's website 255 and more are found and selected from the dealer's website 255. One item purchase due to ppp enhanced electronic money

Page 35 482988 V. Description of the invention (31) The bag 2 1 5 is in a usable condition. The dealer website 2 5 5 identifies the user as a customer of a PPP enhanced electronic wallet 215. In response to this identification, all The demand for shopping stops (shipping address, name, etc.) is automatically operated from the PPP enhanced electronic wallet 215 through the dealer website 255. As mentioned before, alternatively, users can sign up to accept their ppp enhanced electronic The money bag 2 1 5 agreement, after a user finds a purchase item on a website, the user can turn to any of the PPP enhanced money bags 215, and click on a button to type directly Go to the dealer's website 25 5 or complete the operation by pressing one of the electronic wallet button on the task bar of browser 2 10. In step 2F, the dealer 255 generates and transmits to the user a payment information, including information related to future purchases. This information provided by the website in the bill payment information, including but not limited to the following 5. Distribution Business BIN, dealer account number, transaction ID, and transaction gold, section f Figure 2y: bill payment information, access via electronic wallet 215 window:: display non-bill payment information for users to reply Alas, if the image button 'if the user really wants to complete this purchase, an order item ^ j, of course, the above is related to a single-item description: 2: σ,' " The above procedures can be equally applied to With the method of up to two locks: standing 255 shopping carts, in this shopping cart method, after the purchase of the item of the merchant, the 'dealer 255' calculates the payment information of all the purses 215 to the PPPP enhancement in step 2F If the user has selected an order item based on

482988 V. The payment information of invention description (32). In step 2H, the PPP enhanced electronic wallet 215-2 2 7 of Deng Shang was the first to verify the user, and the main 〖M account 230 combined with fPPP enhanced type The balance of the electronic wallet 215, if there is insufficient funds in the 丨 ... account 230, the user is asked if he / she is willing to transfer the negative money from other accounts to the I PA account, using online banking procedures, ppp enhanced electronic money Bag 215, which can send funds from any account, and is accessed through ppp enhanced electricity = money bag 215 to IPA account 230. If the funds in IpA account 235 are insufficient, PPP 227 will generate a payment authorization information to send to Bank 220, this payment authorization message 225, including the information distributor's VPL account and bank address described above, and can also include a user-defined, information desk, including a user-defined summary according to the user's expectations. Any information (e.g., "Payment for New Mystery Books,").

In addition to generating and transmitting payment authorization 225, PPP 227 directly transmits a purchase order approval to the dealer website 2 5 5. Typically, reflecting the purchase approval of user PPP 227, this dealer website 255 creates a Purchase record 2 5 0 in the database (not shown) for future use for checking in actual payment confirmation 244 and / or payment directory 245, as explained in Figure 2, ppp 2 27 also sends a payment confirmation 244 Go to the dealer website 255 or the dealer's account reporter 240. In the preferred embodiment of the present invention, the payment confirmation 2 44 is to the account reporter 240 in the form of an electronic message (eg, an email). This payment confirmation 244 can be transmitted before or after ppp 227. It can consistently transmit a payment authorization 225 to its bank 220 without any confirmation from bank 220. Its payment can be actually transmitted via * EFT network 270, which can be replaced Land '27 of PPP can wait until it has received confirmation from bank 22, EFT letter

Page 37 482988 V. Description of the invention (33) The message is then transmitted substantially through the EFT network 270. In a preferred embodiment of the present invention, the banks 220, 275 can maintain IPA 230 and VPL accounts 235 and maintain the above-mentioned database, which can be used as a backup of all records to provide and access transactions Information, such transaction information 'includes, but is not limited to, payment authorization 2 2 5. Payment confirmation and records, etc., to the account reporter 240, including the need for EFT transaction information. In addition to payment approval sent to dealer website 2 5 5 and payment confirmation sent to account reporter 240 'PPP 227 sent payment authorization 225 to user IPA account 230 from user account 230 to dealer account 235 via an EFT credit message on EFT On the system 270, to complete the transfer of actual funds, the consumer bank 220 will require some form of payment authorization authentication from ppp 227. This authentication can be verified by a software, such as an encrypted PIN or the name of the consumer ’s mother and girl To authenticate, once the bank 220 has been authenticated, its message really originated from the consumer, bank 220, and then it can perform payment authentication 225. In step 21, 'Receipt of payment 225 authentication, the total amount of authorized payments generated by the billing user IPA account 230 of the user bank 220 to an EFT credit message' As mentioned above, the EFT credit information is completely different from the traditional The EFT message 'is a charge or reverse charge. Once generated, the eft credit message' is transmitted to the dealer's VPL account 235 via the ATM exchange 270. The credit instructions are illustrated in Figure 2. 235 is directly processed. Its processing system is processed by the information system and the user bank 220, the dealer bank 275, and the processor of the EFT network 270 to actually process the admired 'EFT credit message' system. An important payment guarantee from the user bank 22 (borrowing funds from the user account 230) to the dealer bank 275 (this fund

Page 38 482988 V. Description of the invention (34) is attributed to the dealer account 235 and is established between the banks 220 and 275, typically 'all relevant credit and transactions in a day, between the banks 220 and 275, because From the VPL account 235 cash is available on EFT messages.

After the EFT credit message has been accepted by the distributor VPL2 35, with the distributor's account reporter 2 4 5 (step 2 J), the receipt of credit can be detected. In response to the credit detection, the account reporter 240 The preferred embodiment is to generate and store a payment record 2 4 5 in the same database, where the shopping record 2 50 is stored in the aforementioned step 2 Η, although only a single payment record 2 4 5 It is appreciated in Figure 2 that two payment records can exist in a single parent. The first payment record 24 5 can be generated in the payment information 244 received from the user PP227 and the second payment record 245 EFT credits can be generated on the physical reception of the EFT system 270.

Once the payment δ self record 245 has been stored, it can be checked by the account reporter 240 to check the dealer purchase record 250 (step 2K) to make it consistent. In the = form, the account loop in the dealer's system can be closed. When the billing with the dealer (purchase record 250) and payment are in compliance (payment record 245), the alternative 'account reporter 240' can check the two above. Payment account (lifetime self-payment confirmation and one from EFT credit information generation) account holder 240 for purchase records, 250 accounts, and a dealer with a product that allows and fulfills security ^ easy, check function, record management and backup storage capacity, once The financial circuit is closed by the receipt of the dealer and the payment record 245. A merchant can deliver the goods 260 to the consumer with confidence. In the step, the delivery of the goods can be accompanied by the actual freight of an item or a Digital goods, such as · 'Electronic transmission of music files. ·

Page 39 V. Description of Invention (35)

，、 Performance guarantee is built, with the EF TT credit message, the funds are one day ^, 纟 " Another time in step 2M, between the user bank 220 and the dealer bank 5 'through the EFT exchange 270, typically Hundreds of thousands of such payments "will then happen back and forth between Bank 220 and Bank 275, and for the purpose of effect two, the transfer of real value network funds from one bank to any other party" It is once a day. For example, one bank 220 can guarantee US $ 1 0, 00 0 in F Ding ^ message, from one hundred of its customers to other banks 2 7 5, the same way 'Other banks 275 can guarantee $ 1 2, 0 00 in one EFT credit from 50 other customers to other banks 22, each day bank 275, only the difference is transmitted, $ 2, 000 to bank 220 and each bank 220,275 To ensure that the payment of the appropriate account is lender or debit in its own bank. Due to the rapid increase in services, each bank will execute the "number of hundred" before the end of this day. Other banks will complete the construction work. As if the transfer of 270 Beckin in the current system was completed immediately Another on a daily basis of the process, the funds received by the dealer account VPL 235, a system by automated programs to

The dealer's cash concentration account 280 is scanned, which can be a DDA or IpA account. As mentioned above, the rapid increase situation, ppp enhanced electronic wallet and virtual private lock code box (VPL; Virtual Private

Lockbox) 235, significantly enhances the shopping experience of consumers and dealers. When used in online shopping, the present invention completely solves one of the biggest problems of the previous art, that is, a customer will hesitate to provide its financial account information in On the Internet, no dealers are required to “puUing” n the consumer account information and consumer authentication required, PPP enhanced electronic wallet 215 "

Page 482 988

(pushes) "An EFT credit message to the dealer's dealer does not need to get the information of the consumer account, I lock the code box, the land, to provide privacy and convenience to the consumer: can guarantee two dollars and immediately provide a balance check And supply misstored records to dealers. ~ Stomach collection, — as far as the card is concerned, because consumers are pushing their payments to dealers or immortal bodies or A 'and their dealers to pull payments from consumer accounts: ί; : = Customers do not need to authenticate dealers who authenticate themselves to their own bank 220, and then perform EFT ^ to use two V4 dealers' VPL accounts 235. H 丁 Em5 pays to the party who has passed the invention Any dealer, the transaction can go further. The IPA account 230 brain, a component with network function, is very easy to make online shopping. Knowing the dealer, this is easy, only need to be related to this alone. For the benefit of this invention, the present invention has opened a ten-knife to attract consumers, because they can pay without having to have a relationship with the individual or entity in advance. The processing from any party whose access is on the Internet can be used and managed by ATM by the consumer ’s personal power, by phone or by any other internet payment method in the preferred implementation of the present invention, adapted for online banking customers, this method provides consumers with no need to provide any individual Confidential financial information to unfamiliar methods' also allows the consumer to handle such financial delivery to her or his own financial institution. To or expect to use a credit or debit card online, which is less relevant to a dealer's part Restricted, only need to publish its bank 27 5 and secondary [deposit account 235 information on the website 25 5 or other public directories (see 335 in Figure 3). Many buyers / payers from all over the world do not need access. 5. Description of the invention (37) Once the lock merchant has used a traditional credit card for the dealer to save significantly on the credit card processing book and the details can be touched on. Loss and cost of repeated payments, =; This is a function that can economically receive small payments. For the left seller, illustrated in Figure 3-described in the second preferred embodiment of the present invention, can be used by A make Those who make payments to anyone ^ Construct the heart such as ^ the invention of PPP227, which provides users with great value. Any ff227, this PPP227 can easily send funds to anyone who has an ipA / ypL account and = this = transfer out system It can be done in one woman's full frame for immediate and customers without bearing any cost. ^ As mentioned above, related to the Internet purchase model, illustrated in Figure 2 'J Figure 3 Payment to anyone In the mode, in step ^ — the user logs in to the Internet and turns on the voicing device (the electronic wallet 215 is not activated in FIG. 3; in the preferred embodiment of FIG. 3, the electronic ^) is a traditional money Bags and interfaces that are appropriate to PPP227 users need to remove the clothes key. Enter the ID ID and password of the user, thereby using an account 230 that can authenticate and access them in combination with PPP227. Amount of information and can be chosen from several options, eight, the household father L + said into a & items, including online shopping, payment to any two, forced: early account, payment to anyone, electronic funds Wallet Review account activity electronic wallet information or select to customer service function. In the preferred embodiment of the invention in FIG. 3, the user chooses to pay to any option 1 function menu in the second menu, and the user can display several options in the step ", the factory displays the payment to anyone in the function menu. 'These options include: manually entering the payee's VPL number, selecting 482988. V. Description of the invention (38) ^ 一 ~~ ---: ~ 一 ~ -_ A previous payee has also been ^ ^ i ^ μ πτ ^ π, the power of the month b is selected early, adds / deletes / edits a list of people who have been terminated and VPL customers for a long time ^ "people, love words + one of various payees tonight In the online catalog ^ Λ, ®Ningte target targets, the user enters (戋 selects) the payee's VPL address, payment | | ^ reason and options, etc. The amount of payment and a stated payment principle are described in step 3E. The payment information described above is in electronic wallet 315 (or ppP227, go to day 1, ^ 2 and the main recipient verifies the VPL number by using it. n Li μ, private clothes, b 1 Wakita will use the teeth to add narration and provide an authorization for payment. In step f3F, the payee's electronic wallet 315 confirms that the information is

Correct and send to the use (payer) a payment message with the following information: payee BIN, payee account number, transaction ID identification code, payment amount and = option description. In step 3G, the payment message is received, used Those who review the poor news and select the π payable (OK to Pay) button step 3D via 3G as an option procedure, because PPP227 can start an EFT credit information separately, push (push) function instead of Need to have contact with the recipient of the credit. In such an intangible promotion of credit, it is to consult the online directory 235 of PPP227 to verify that the accuracy of the address to which the EFT credit information is transmitted is welcome. 0

In step 3H, the user PPP227 sends a payment authorization 225 to the user's IPA account 230. For the same purpose, the user PPP227 sends a payment confirmation of the expected payment to the recipient's electronic wallet 31 5 or the account reporter 340 generates an expectation Payment record 350, user PPP22 7 passes the certificate as described above to properly identify the payment authorization 225 to user bank 220. In step 31, the EFT credit message is passed from user IPA account 230 to

Page 43 482988 V. Description of the invention (39) The payee's VPL335 is exchanged via ATM 270. As mentioned above, the payee's VPL335 can actually be the receiving unique address of the IPA account maintained by the payee. In an alternative embodiment, a verification message is the first to be transmitted to the destination account 335 via the EFT network 270. The purpose of the verification message is to verify the existence of the VPL account 355 and identify whether it is correct. To verify receipt of the message (assuming the VPL address is correct and the message was received), the VPL account sends back a response message that includes a textual description of the owner / user of the VPL account 335, this response message, then It can be displayed to the user via PPP227, so that the user can verify that account 335 to one of the credits that it will give is really owned by the party that the user is trying to send credit to. This verification procedure can be used in the Internet shopping model as described in relation to FIG. 2. In fact, the verification procedure is preventing any attempt to transmit at the VPL address (step 3 in FIG. 3 and steps in FIG. 2). 2F) It is useful to steal payment information from the dealer (225 in Figure 2) or other payees (represented by the electronic wallet 3 1 5 in Figure 3), such as: If the source of the payment message is AmaZonTM and the VPL335 address including AmaZon, the verification process described above will notify the user via the secure EFT270 network that the owner of the VPL335 is really AmaZon 'If it is a stealer (for example: Joe (Hacker) intercepts the payment message and enters the vpL address it owns. According to the response message of the verification process, the user will be able to see and notify the VPL address where he will send credit, which is owned by Joe hacker. At this time, the user can abandon the transmission of EFT credit and try to identify the real VPL address of AmaZon.

Page 44 482988 V. Description of the invention (40) In an alternative verification procedure, ppp2 2 7 can respond to the transmission of the payment message (the dealer in Figure 2 or the electronic wallet 315 in Figure 3) The VPL address is included in the payment information. The sender can then verify that the user has the correct VPL address to send his credit. This can replace the verification process. The hacker needs to intercept and change the two individual messages. No authentication is better, but this alternative procedure is still not as good as the EFT network 270 authentication to absorb people, because it occurs in unsafe Internet space. Returning to Figure 3, in response to the receipt of the vpL335 EFT credit message △ by the payee, the payable brother 3 4 5 was generated from yes (step 3 j). Paying

After receiving the payment record 345, the payee's electronic wallet 315 or account reporter 340 can check and coordinate the actual payment record 345 and the expected payment record 350 in step 3K, and further respond to the receipt of the EFT credit message. Beneficiary Bank = 375 credited to the beneficiary's VPL account 33 5 and the beneficiary can use the funds collected immediately, these funds can be used in turn for online shopping, bill payment recognition, payment to anyone or may Card withdrawals are made at an automatic teller machine (ATM) as described below.

In the process of deciding to pay to anyone, as in the preferred embodiment illustrated in Figure 2, the collection of funds is settled once a day between user bank 22 and payee bank 375 (step 3M) and Fund collection can be scanned to the recipient's DDA or other IPA account 380 (step 3N). The above-mentioned payment to any process is a very attractive way for consumers to use it. For example, consumers can use a digital advertising (electronic, or traditional newspaper) or purchase an item or a service through an electronic Auctioneers, e.g. eBayTM In any of these instances, consumers can get paid

Page 45 482988 V. Description of the invention (41) ~ a '~ VPL account 335 information in various ways (for example: BIN; account number · · ·) In one of the methods, the consumer is electronically linked to 1 Individuals (for example: via eBayTM) services to obtain this information, interchangeably, consumers can obtain the required destination account information via offline parties, such as traditional newspaper classified ads or via an email, which By "pushed" potential consumers to the consumer, this potential recipient uses these methods to be protected, because the VPL account 335 is a one-to-only account and no one can fraudulently from the account Withdrawal and access to the account, use ^ γ to further obtain the relevant information of the payee from the online directory 325, from the drop-down menu on an electronic wallet 215, or by manually typing the information. Fig. 4 illustrates a preferred embodiment of the present invention, which includes an entity card combined with a VPL or IPA account. In this embodiment, the entity's card is linked to the IPA or VPL account and includes an initial build default. Cash amount, this card ° is issued to IPA or VPL account users for users to access IPA or VPL accounts in the physical world. Furthermore, the card can be purchased at a vending machine, an e-commerce location, or other distribution channels, such as a mass shopping center, a convenience store, or a bank. In a preferred embodiment, when a user sets up a traditional electronic wallet 215, the user is provided with the option to set up an IPA / VPL account, receive a ppp enhanced electronic wallet 215, and accept—in conjunction with IPA / VPL account physical card. After selecting this option, the card will be mailed to the IPA / VPL user immediately. In a preferred embodiment of the automatic vending machine, the card is an automatic vending machine that includes pre-provided funds and a cash increase. These increases are combined with the range of 2 specific account numbers and are linked to JPA. / VPL account, in-

Page 46 482988 V. Description of the invention (42) Good: In the embodiment, the card of this entity is pre-activated (that is, used). Alternatively, this card is ready to be used by consumers to charge a free electricity%. It will be activated when the card is used from a machine or a NW phone to a customer service user, and a * Free & special line payment, or one of the cards purchased at a vending machine on the four sides. -IPA / VPL account will be set up for the purchaser, such as the payment of the card to a single account and the amount of the replacement of the implementation month "card account funds 3 are completed by the maneuver, when used; g-piece film j account and once the purchase of shellfish, The card can be accepted by ATMs and card readers. Since the card has a personal identification code ^ guarantee | it is more cash-rich, this card has an ipa / vpl account number like an identification code PIN, this IPN When issuing the card, the personal identification number is printed on a sticker " and attached to the back of the card. The account number is stored on a tape on the back of the card. The VPL part of the account combined with the card can receive as described above. Ερτ is creditable and can also be mentioned from above Other accounts to collect funds, the card can be used on a A T Μ ATM withdrawals, and its acceptance of himself as a dealer-debit card to purchase. '° For someone who buys with a card, but it hasn't been there before; [PA account, in order to use EFT credit promotion as mentioned earlier, card owners will be required to set up an IPA account with the card sponsor, for example: if The sponsor is a bank. The user logs in to the bank's website. The new card owner enters the card number and personal identification number PIN into the VPL to synchronize with a user ’s newly generated IPA account. This synchronization will add the IP A account to the card. Link, the user can then add a detailed description of the account part. IPA or VPL will generate the relevant payment. When using the card, the user will also be asked to indicate whether any

Page 47 482988 V. Description of the invention (43) I have collected the cat through the VPL to the newly generated 1 PA or to-the existence of the ship account 4-clearly specified, the preferred embodiment '实施 物 and use-entity Card, in the picture seller ^ Deyue, in step 4A, the buyer selects a card from any of the automatic: M00 or an automatic withdrawal with other sales channels. In the present invention, Yu Wei Ben #Gas, Wo; 1 No) Ge Zibu is as cheap as 1 US dollar-or as cheap as the price of a movie & moving film, in the choice of & ^ i Increases like a mobile phone :: After that, the buyer will pay the card fee-some shopping options are available, including cash, debit card and credit. In step 4B, the card is from the machine The reference to the payment and use of the card in the 400 and the identification code PIN is activated by the individual in advance or alternatively, the distribution machine 400: H :: J can be used, or the user can call the relevant single action to be used When the user loses his physical card = m, which has a hand in hand, the user can combine the card from the account for shopping in the store. In step 4C, the card has # people or uses the automatic teller machine ATM430 or one When the dealer inserts the card into a card machine, the user then enters his personal identification point for the dealer to read

He is the true owner of the card. In step Xianzhong 1P, ΙΓ ^ ’to identify her or the machine, it can be connected to the EFT network 270 to send a ticket! The seller's card reading exchange 270 to the issuing bank 41. , Account information via EFT

482988 V. Description of the invention (44) As similar to the statement in Figure 2, the billing information is considered to be directly received by the user's VPL account 420, but in practice, it is understandable, that is, all The EFT message occurs through the banking system 410. This message is sent to the bank 410 as a transaction for the online personal identification number PIN of one of the user's VPL account 420, verifying the card with the combined requirements of the VPL account 4 2 0 'Yes When sufficient funds are available, the transaction will be authorized by the VPL sponsor 410, and the funds will be deducted from the balance of the VPL account. In step 4E, the authorization message is sent back to the ATM or point of sale POS430 via the same EFT Network 2 70 and funds were released to card owners,

In the case of automatic withdrawal (in the case of withdrawal), it may be attributed to the dealer (shopping in the store) as in step 4F. FIG. 5 illustrates a preferred embodiment of the present invention, in which a user can immediately transfer funds to anyone, specifically where someone has a card and a VPL account as described above, and the payee (the recipient of the funds) can use it A physical card is used to withdraw money through an automatic teller machine ATM, where the payee can be received by mail as described above, either at a vending machine or when an account is created, as all the better inventions In an embodiment, this payment to anyone is characterized to ensure that the transaction operates in a secure environment.

As mentioned above, in the preferred embodiment related to FIG. 2 and FIG. 3, in the method of payment to anyone in FIG. 5, in step 5_5 (:), the user logs in to the Internet and opens the Browser (not shown in Fig. 5) and start-up = = like-in the popular way of Fig. 5 'a traditional electronic wallet ^, does not need to implement the important features of the present invention, like these features, The fault is given its function by PP227. In Figure 5, ρρρ227 is an independent

Page 49 482988 V. Description of the invention (45) The operating element 'PPP227 requires the user' to type in its user identification number ID and password, so that the user can then authenticate and access their PPP227, and the user then presents his Account balance information and can be selected from several options, including activities of shopping on the Internet, making payments to anyone, paying bills, electronic money bags, and checking accounts, as illustrated in FIG. 5 by a preferred embodiment of the present invention, In step 5D, the user selects the option for payment to anyone and the prompt is a VPL account number and card. The procedure proposed above is related to the method of payment to anyone in Figure 3 following.

In step 5E, the user PPP227 generates a payment authorization and the following information: · Payer BIN, payer VPL number (card number), transaction ID ID and amount. After reviewing the information, the user then selects "Can pay" (〇k to pay) ”on the screen of the workstation 200 (for example: personal computer, personal digital assistant, etc.), in step 5F, the user PPP227 verifies the balance in the IPA account 230 and passes to the IPA 230 If the payment authorization is sufficient in the account 230 and there is sufficient funds, as in the same option step, the payee information is valid (for example: VPL account combined card is valid (ie: VPL account combined card is Valid and owned by the intended payee) 'In step 5G, EFT credit messages are exchanged via ATM, from user bank 220 (IPA account 230) to payee bank 575 (VPL account 5 3 5) The payee can use an automatic teller machine 500 to withdraw funds through the use of a physical card as described above. When the withdrawal request is raised, a billing payment message is transmitted in step 5H. From the vpL account 535 of the payee to ATM500 providing bank (not shown), the payer can now use the funds and

Page 50 482988 V. Description of the invention (46) Withdrawal in step 51. Alternatively, the payee may use the card at a point of sale POS and use the personal identification number PI N as described above for the payment procedure, as In the foregoing preferred embodiment, the funds are settled once or twice a day between the payer bank 22, the vpL user bank 575, and the ATM 500 providing bank. The preferred embodiment of the present invention is applicable to many different situations. For example, if a father or mother has a son or daughter at a foreign university, the father or mother provides children's videos and combines a VPL account 535, And can transfer funds to the child's account 535 in a simple, fast and effective way, by using the present invention, those skilled in the art will appreciate the above-mentioned embodiment, which can be removed by a bank's customers Transfer funds to anyone who uses them, for example: a gardener who transfers funds to his clients or a child who is studying at a university like ^. Figures 6, 7, and 8 illustrate three different payment methods. According to the method of the Six Best Practices of the invention, Figure 6 states a preferred embodiment of direct payment, and Figure 7 states that the payment includes The service provider completes the processing.] Explains a bill payment method in which the customer completes the arrangement. In Figure 6 and Figure 8, the direct method, a bill issuer, establishes a function of issuing electronics on its own. Website 255, once registered in the service, χ receives an email notification. In the case of the issuer's website 255, the right bill needs to be paid. Alternatively, the customer can receive a traditional paper account to activate its electronic Money bag 215, cable browser 21Q & ρρρ227, and "Bill issuer's website 255 'One payment is finally sent from ρρρ227 to the final test ^ Take the issuer's virtual private lock box 235, as listed in the present invention

Page 51 482988 V. Description of the invention (47) In a preferred embodiment, the transaction can provide the bill issuer, π & ^ times a ”to protect the privacy and record functions of customers. The balance check and storage records of the collection of insurance negative deposits are as shown in Figure 6.% RS ^ σσ Customer establishment-electronic account statement; V account /; open 1 writer / dealer with their electronic account for the first time Service: one of the methods of doing electricity sales π is in step view. It is or on the Internet, the service and department registered in the electronic account will receive 'month: ㊁ :::: 255 j single occurrence At the same time, * same as the previous description, in step = sub = =, and can display various menu step order information (Edit Billing ί as ⑽ ;: 『1 2 pay and two series of billing options' users can operate on the billing Lier's website 2, the account information ^ was taken in the user's account information included in the electronic wallet 215, because the electronic wallet 215 of the website is in a state of availability, the account of the early website 255, It can be identified that the user is an electronic wallet 215. In addition, the account opener website verifies the established electronic account relationship in step 6D. In step 6E, an account -255 is generated, and A bill payment message sent to the user, which includes information: the BIN of the account holder, the account number of the account holder, , The ID code and billing of the amount payable, in step 6F, Wu Yi parent information, based purse 215 by the sub-window displayed to the user for review information service H

482988 V. Description of the invention (48) A: —'— The user has many options, including at least the option to edit the bill (such as the amount payable) or the presentation of the bill payment option. If you use the option to select "Pay bills," ppp227 verifies that the user's balance is in their IPA account 230 and passed payment certification 255 to 1} ^ account 230, and simultaneously sends a payment confirmation 244 to the billing issue 255 or VPL Reporter 240 (step 6G) as shown in the alternative status, PPP227 can send a payment confirmation 244 to the bill issuer / dealer's website 255 or VPL Reporter 240 in response. The receipt of payment authorization 255, the EFT credit message, is from the user's IpA account 2330 to the account holder's hungry account 4; 35 and exchanges 27 ° (step ⑻ ^ record 245, the recipient generates storage and opens the account with account opening The account of the founder responded to the receipt of the credit message from the EFT network 270. The receipt was generated in the payment record 245, and the response funds are the same as the previous description.] Account accountant 240 'A billing dealer, can perform ordering' Coordinate all of their accounts, when the safe depository is quiet for later easy withdrawal, as mentioned above, it is related to other funds that can be settled once a day in the user, and the case can be swept. Conceal to the account 22 = business issuance Bank Concentrated Account 280 (step 6L). DDA or cash of the shoulder holder Figure 7 states the further bill payer account payer T. The system of service provision is as follows: 疋 Γ: in Figure 6 A note, regardless of the service provider in the first party, from many accounts

Page 53 482988 V. Description of the invention (49) ΐΐΓ / Λ related electronic bills, service providers can allow a customer to review and pay bills and connect with related bills ^ Pay bills (for example: electronic sticks) φ _ All kinds of account holders, account holders, have borrowing-storage capabilities, so—customers can serve the past historical situation of bill of lading payment. Check and store m; / dealer) for its confidential, safe and convenient services. Lulishi can provide consumers with a hidden step in yA's network 775 annotation service in the customer service provider, which is directly at the customer service provider, csp and the use of service. To respond to the CSP's advertising or through the account holder, 700 (CSP's customers) advertising CSP's services to the user (which is a customer of the account) to establish, jointly write and hope嗲 Your iPCD, 丄 W master book (or later), users i, and CSP can provide 1 storage / = service, households electronically receive 11 owed and paid account history, such as η access V " Λ Tsui Kai Founder 700, to store the transaction knowledge, when the user from the bill issuer 7 〇 Λ born to receive the account ^ mother month, the electronic electronics = Niutong can directly from the electronic bill issuer 7 〇 Or from any of the methods of csp < 2 users 'in this second method' electronic billing; sp- accounts receivable file reflecting the status of electronic billing delivery: = s, p to perform the following The balance check process of the statement issuer 700. If the CSP sends an electronic statement to the user, the electronic statement issuer

Page 54 V. Description of the invention (50) 70 0 'CSP and related accounting information must be provided, many types =' or alternatively, electronic bills can be directed to csp via KJC: "Other electronic Internet bills The payment aggregator. That is, steps 7B and 7C are as important as the aforementioned direct account embodiment in FIG. 6 --- the only important point is that it is on the elector's side V / 'option. The difference after that ... Works directly on the bill issuer's cake. The user goes to the CSP's website 755 to operate. At step 7 £ 2: The person can select the bill to be paid and enter it in each bill. The required unpaid amount (or select the option that the default user will pay all of his bills). In step 7F, the CSP website 7 55 generates and sends to the user one or more bill payment messages. In a preferred embodiment, Up generates a single payment message that includes appropriate payment messages for all bills at work. In an alternative embodiment, a different payment message is received by the user every time. Zhang's bill is generated. In another preferred implementation ^, the message will include: CSP VPL account number of BIN, CSP, a transaction identification ID (or IDs), the name and amount of the single or multiple bill issuer. Steps 7F through 7L are just as important as the above-mentioned steps 6F through 6L in Figure 6 Ground, and its components are the same, and will not be repeated here, although only a single VPL account 735 is illustrated in Figure 7, it is commendable that CSP (or the bill issuer directly) can A bill issuer maintains a VPL account 735, whether it is a single or multiple vpL735, a bill issuer 700, and they can view the content they receive in VPL735 via the CSP account reporter, In step 7J, the CSP

Page 55 482988 V. Description of the invention (51) 2: The customer (for example: the bill issuer in step 7L ‘Every bill is issued) performs a two-amount check procedure and closes the DDA or cash concentration account 78. The receipts can be seen. Figure 8 illustrates the third example including the customer. Here, the third bill payment account is prepaid: it is transmitted to the customer less preferably, in an electronic mail at 3800. Directly, each electronic bill 800, including the media transmitted by others, leads the customer to the bucket * earth ..., hotlink, and the basin can guide each corpse to the account of the early account maker 855 (a „ J Ψ When the statement issuer pays) When the customer initiates a partial payment, if the website 855 of the CSP office identifies the electronic wallet 215 and the child wallet 2 [5], the customer can push the payment to one person in the bill. The flood w is as good as it is; Shi = make; — ^ 227, as with all previous regular implementations-the bill issuer, once again, can receive funds payment certificate, balance check and storage records The many advantages of the present invention are shown in Figure 9. Figure 9 states a system and method for establishing and collecting funds accounts combined with a ρρρ27 * ρρρ for a strong electronic money bag 215, as previously described, using the IPA account 230 of the user, which is deposited Via a ρρρ227 or a ρρρ enhanced electronic wallet 215, which can be accessed via the Internet 9 〇〇, ATM 905, telephone 910, public telephone 915, personal computer 902 an interactive TV 904 and even a personal assistant (PDA) 9 2 0, etc. to access, the main collection account (for example: IPA account 230) method of funding, linked to ppp227 or ppp enhanced electronic wallet 21 5 'via other accounts (such as · j) J) a, credit or billing

Page 56 482988 V. Description of the invention (52) Card account) to achieve. In a preferred embodiment, ppp227 or PPP enhanced electronic money bag can receive funds and use well-known online banking functions For other users' accounts, alternative funding options can be provided through an externally-hosted credit card, check or money order or ACH (Automated Clearing House) network. Steps 9A to 9C describe the method by which a user can create an electronic money bag 2 1 5. As mentioned above, the preferred embodiment includes an online banking system 962 'The following examples are used A virtual system operator, marked with XYZ bank 265, can act as a ppp enhanced electronic bag provider. In step 9A, the user logs on to the Internet and makes his browser 210 to XYZ The bank website XYZBank.comm 960 is used for operation. In step 9B, the user selects the main "electronic wallet" option on the XYZBank · comm website. On the user's screen, he will see "Electronics has two options" ： &Quot; Are you using an online banking service? Is the present price not one of XYZBank's customers? &Quot; If the user selects " online banking ^ customer ", the XYZBank supporting online banking will be presented —The table shows the account to the user, and the user then identifies the account to which the relevant ppp enhanced electronic 215 can be linked. 'If' the user desires, a new ιρΑ account ^ 230 can be the new PPP enhanced electronic wallet 215. To build, if you choose Non-XYZBank customers ", their ppp enhanced electronic money dreamer 215, is linked to SHKP account 230 of customers in XYZBank 9 65. Next, in step 9C, the user creates ppp enhanced 215 to select Choice " Build-Website Electronic Money Bag

482988 V. Description of the invention (53) '一' ~~ Those who have been instructed are PPP enhanced electronic money bags which will now be built or image buttons on the toolbar of Liu Manji 210. Once they are ppp enhanced electronic money Bag 215 ^ The software is created on the user's system (for example: the user's personal computer or network feeder). The user can quickly provide the required background information, including the user's shipping name and address. At this time, the establishment of the ppp enhanced electronic wallet 215 is completed, and the user can execute any of the methods related to the aforementioned Figures J to 8 as described above. As previously described, the thin electronic wallet technology is used. The main software is And data combined with the PPP-enhanced electronic money bag maintained on a server maintained by XYZBank 965 2 1 5.

Steps 9D to 9K describe two ways of providing PPP enhanced electronic wallets. For customers of XYZBank 965, the initial and ppp enhanced electronic wallets 2 1 5 are the main methods for providing funds in the future, as described above. , Implemented through the connection between the PPP enhanced electronic wallet 215 and the online banking system 962. The connection between the PPP enhanced electronic wallet 215 and the online banking 962 can be transparent, and the user can independently Log in to its PPP enhanced electronic wallet 215, and can provide the functions of online banking 962 without any trace, to provide funds for the initial ppp enhanced electronic wallet 21 5. Users choose π to move funds to / from electronic "Bag" option, in the online banking menu, the user can then provide the following information: the source of funds, the use of cards, deposits, etc., the amount transferred, the date of funding and whether or not For a transfer or repetitive transfer, after the completion of the above, the account combined with the PP enhanced electronic wallet 215 was immediately funded. Then the PP enhanced electronic wallet 215 combined with the account's funding ^ PPP is completed via the enhanced electronic wallet 215 itself or via the online banking system

Page 58 482988 V. Description of the invention (54) 962. In addition to providing funds through online banking, guidelines for providing funds can also be provided through telephone 910, ATM905, public telephone 915, personal digital assistant 920, or interactive television. 922. Steps 9E to 9J, explaining a PPP enhanced electronic money bag 215, providing funds from an external credit (for example: pre-borrowing cash from a credit card) or debit, card 'or an external DDA account (external to xYZBank) For non-XYZBank customers or an XYZBank customer, it is desirable to provide funds to the PPP enhanced electronic wallet 215 from outside. The user in step 9E selects and provides funds in a non-XYZBank account. The user then selects Dealer's financial account (such as [American ExpressTM, VISATM, etc.) and key in account, code, card expiration date (if any), and fund transfer amount. This funding requirement is transmitted to a dealer acquirer 97. Combined or part of XYZBank962, this account information is stored for future funding requirements. In step 9F, the dealer acquirer 97 (for example: Chase Merchant ServiceTM) authorizes the transaction to provide funds and allows the required transaction The house is exchanged by the EFT parent for 2 70. In step 9G, the financial dealer 98 (for example, VjSATM) receives the need to provide funds via EFT exchange 27 and verifies that the distribution η is valid. And credit limit, if funds are provided, by financial receipt ^ / ^ Suddenly authorized 'funds can be obtained through external ^ Zeng Qiang electronic money bag 215 money, IPA / VPL account 230 is linked to PPPP enhanced electronic gold ί I = Step 91). The information between the bank of the credit card and the user's bank = ΐ type land, which occurs once a day, a similar process occurs, Ά ^ for the account of a user, in other financial mechanism

Page 59 482988 V. Description of the invention (55) 980. In the above-mentioned Figure 9, the construction and funding of a ppp enhanced process is equivalent to the application of construction and funding to provide a PPP227 as the same independent operation. The products are commendable. FIG. 10 illustrates an alternative preferred embodiment of the present invention, in which IPA users can provide funds for payment and use a credit card in accordance with the present invention, although the description of FIG. 10 and the following description are related to FIG. 2 Produced in the preferred embodiment of Internet shopping, the alternative embodiment of this credit card is equally applicable to the embodiment of Figures 3 to 8, unless otherwise specified, all the preferred implementations of Figure 10 The example steps are the same as those described in relation to FIG. 2. " In step 2H, when the user agrees to generate EFT credit payment, the user is provided with the option of his or her credit card to provide fund payment, ppp227 may already know the user's credit card number or the user's number in time. PPP227 then contacted the credit card issuer 290 as described above in relation to Figure 9 to authorize the credit of the payment amount. When the authorization was replied, ppp227 transmitted simultaneously to the IPA account 230 and the transfer of the payment authorization. ΙρΑ account 230 was then sufficient The funds are provided to the EFT credit to the dealer. As mentioned above, before the end of the day, the amount of the credit card incurred is settled between the bank 22HP user 290, this settlement is similar to the bank 220 and bank 275 Settlement (step 2M), which is used in the preferred embodiment of the present invention, a user can continue to use his credit card for online shopping, but because of the unique IPA account characteristics and EFT credit promotion, the user only needs to provide Its financially sensitive information (ie, credit card numbers) to trusted institutions, in this preferred embodiment, users can 7 offers

Page 60 482988 V. Description of the invention (56) The funds are compared with the normal shopping status in the I PA A account 230. However, the above are only the preferred embodiments of the present invention. When the scope of implementation of the present invention cannot be limited in this way, that is, all equal changes and modifications made in accordance with the scope of the patent application for the present invention should still belong to the present invention. Within the scope of the patent.

Page 61

Claims (1)

6. Application for special secrets ^ — 1. A method of implementing an electronic payment between a payer and a payee, in which the payer has-the payer's account-the payer's institution and the payee have a payment The person's account is in the collection structure. This method includes the following steps: generating a payment authorization to identify the beneficiary organization, the beneficiary account, and a payment amount; transmitting the payment authorization to the organization of the payer; and recording the payment amount to the payer account ; Sending a credit message, representing a credit of one of the payment amounts from the payer institution to the payee institution; and ’knowing to pay # the amount owed to the payee account in response to the receipt of the credit message. 2 · The method according to item 1 of the scope of patent application, wherein the step of transmitting a credit message further comprises the step of transmitting a credit message, via an electronic funds transfer (EFT) network and the credit message therein, which is an EFT credit message . 3. The method as described in item 1 of the scope of patent application, wherein the step of identifying the payee further comprises a payee institution and a payee account. 4. The method as described in item 3 of the scope of patent application, wherein the identifying step further includes the step of retrieving payee information from an Internet terminal. 5. The method as described in item 3 of the scope of patent application, wherein the step of identifying further includes retrieving payee information from a payee information directory including a plurality of payees. 6 · The method described in item 1 of the scope of patent application, wherein the payee institution and payer institution are financial institutions. 7 · The method described in item 1 of the scope of patent application, wherein the payee organization and Page 62 482988 6. Scope of patent application The payer institution is a bank. 8. The method described in item 丨 of the scope of patent application, which further includes, the step of receiving-payment information, the payment is printed from, ☆ Red I, the slogan includes a payee institution, payee account and Identification of payment amount. The method described in item 1 of the un patent scope, wherein the payment authorization is generated in response to the receipt of the autumn message. The method described in item 1 of the 1 Scope of Benefits, where eft Credit Center represents the only credit and is not a reversible transaction. The method described in item 1, wherein the payee account is a receivable account. 12. The method according to item u of the scope of patent application, wherein only receivable accounts receive credit via the first address, and the method further includes a step of prohibiting the use of the first address by the billing only account, Therefore, the first address can be issued and used, making it easy to receive credit to only receivable accounts. 13. The method as described in item 12 of the scope of patent application, further comprising the step of establishing a second address through which funds can be transferred from an access-only account. 14. The method as described in item 3 of the scope of patent application, wherein the first address and the first address are different. 15 · The method as described in item 12 of the scope of patent application, further comprising the step of publishing the first address. 16 · The method as described in item 15 of the scope of patent application, wherein the step of publishing ′ further includes, placing a first address ”on one of the Internet ends 4 ^ 2988 6. Steps in the Catalog of Patent Application Scope. 17 · The method as described in item 16 of the scope of patent application, wherein the directory includes a plurality of addresses for use as a plurality of receiving-only accounts. 1 8 · The method described in item 17 of the scope of patent application, wherein the plurality of receiving accounts are only a combination of a plurality of enterprises. 19. The method as described in item i of the scope of patent application, wherein the payee account f is combined with a user, and the method further includes the step of generating an expectation to pay and release the brother record. When an account receives an electronic payment receipt. 20. The method as described in item 9 of the scope of patent application, further comprising the following steps: Report the receipt of electronic payment to the payee account, using the form of payment records; and check the balance, check the payment records and expected payment records . 21. The method as described in item 1 of the scope of patent application, further comprising the following steps: 1. Set up a physical card to the payee account; provide a distribution channel to distribute the physical card; make a timely payment to the payee, in When the relevant physical card is activated; receiving the amount from the payee; allocating the physical card to the payee; and activating the use of the physical card. 22. The method according to item 21 of the scope of patent application, further comprising the step of obtaining a personal identification number (PIN), when the physical card is used for accessing and receiving Page 64 482988 VI. Application for Patent Scope 一 One ‘,,,, and account of the section. 23. The method according to item 21 of the scope of patent application, wherein the distribution channel is a vending machine. Christine 24. The method described in item 21 of the scope of patent application, in which distribution is through the store. 25. The method as described in item 21 of the scope of patent application, wherein the distribution channel ^ bank. 2j. The method as described in item i of the scope of patent application, wherein the payer has-use, a card account and a card issuer, the method further includes the following steps: transmitting a payment amount of credit to the card issuer; receiving a Authorization of payment amount credit requirements; and giving payment amount credit to the payer account. Department 27: The method described in item 丨 of the scope of patent application, wherein the payer-consumer and payee are a distributor. 2 8 · If the application is further included, bag application software. The method described in item 1 of the method, wherein the step of transmitting the payment authorization 'uses an electronic money via the Internet 29. As described in the item of the patent application item, the money bag is linked to the payer's account and verified in the Payer :: The step includes the step of electronically paying the payment amount. The balance of the person's account is the method described in item 29 of the scope of patent application, the method in f is sufficient *, the method goes further: step: putting the account in the payer's account. Transfer of funds to payment 31. Proceed as described in item 28 of the scope of patent application-steps include the following Page 482988 — VI. Steps for applying for patent scope: Start the electronic wallet; and one person executes — the electronic wallet authentication procedure after the start of the electronic wallet has been initiated. 32. As described in item 29 of the scope of patent application Method, further order; access to the payer's account-when the step, the order of the electronic wallet mouth column. 33. The method according to item 28 of the scope of patent application, wherein the method resides on a feeding device. Dry electronic purse, 34. The method described in item 33 of the scope of patent application, J: a is represented or operated by the payer organization. The method described above is partly resident on a feeder. …, China Electronics Money Bag, 36. As described in item 28 of the scope of the patent application, 苴 中 is partly resident in a user-operated component and department, bag, and server. Hanging on the ground 37. The method described in item 28 of the scope of patent application, Langzhong Leigang is resident on a component operated by the user. , China Electronics Money Bag, 38. As described in item 1 of the scope of patent application, enter a cow spoon to provide security-related transfer steps for payment authorization. ^ 3: Step V provides security step V as described in Method 1 of the 38th scope of the patent application, and further includes an authentication step. 40. The method described in item 39 of the scope of patent application, wherein Page 66 ———__ 482988 VI. Scope of Patent Application Steps, further including encryption of payment authorization. 41. The method according to item 1 of the scope of patent application, wherein the payer is a consumer and the payee is a bill issuer, and one of the bill payments is from the bill issuer. 42. The method as described in item 41 of the scope of patent application, wherein the consumer is a person. 43. The method as described in item 42 of the scope of patent application, wherein the consumer is an enterprise. 44 · A system of electronic payment implemented by a payer and payee, where the payer has a payer account, a payer and payee have a payee account 'in a payee institution, this system includes · A first processor that generates a payment authorization, identifies the payee organization, payee account, and a payment amount. This first processor further transmits the payment authorization to the payer organization; a second Processor, in the payer's furnace, .L ^ ^ ® 3S, ^ 5 to the first processor, using the representative credit message, from the payee's machine to the payee's machine in the amount of 7 ; And in the institution of the 1st key processor and document payer, the amount of credit information received and payment to the payee account = 45. As described in item 44 of the scope of patent application; Electronic Funds Exchange (EFT) Network Coupling people to accounting further includes, the processor 'as the same EFT credit message passed to the 15th to the first' step two processors 482988 6. Application for patent scope 4 6 · As for the scope of patent application No. 45 System described in which EFT Credit News On behalf of a single credit, and the Department Spending irreversible one. 47. The system described in item 44 of the scope of patent application, in which the payee institution and the payer institution are banks. 48. The system described in item 44 of the scope of patent application, in which the first processor can identify the receipt The payee information includes the payee organization and the payee and payee account. 49. The system described in item 44 of the scope of patent application, the first processor of which further includes an application program interface (API) to retrieve the payee's information from the Internet. 50. The system described in item 49 of the scope of patent application, wherein the retrievable API 'operates the payee information when it is promoted by the Internet end < D 51. As item 49 in the scope of patent application In the system described above, the API can be used to retrieve the payee information from the Internet. 52. The system described in item 49 of the scope of patent application, wherein the Internet. Terminal, includes a directory of payment information of a plurality of payers and in which the API can be extracted 'can select the payee information from the directory < y 53. The system described in item 44 of the scope of patent application, further comprising 5 persons and computers combined with the first processor. 54. The system described in item 44 of the scope of patent applications, further including 5 an Internet ATM ATM with road function, combined with the first processor. 5 5 · The system described in item 44 of the scope of patent application ’further includes 482988 6. Scope of Patent Application Public telephones with Internet functions combined with the first processor. 56. The system described in item 44 of the scope of patent application, further comprising an Internet-enabled personal digital assistant combined with the first processor. 57. The system according to item 44 of the scope of patent application, further comprising an interactive television combined with the first processor. 58. The system according to item 44 of the scope of patent application, further comprising a telephone 'combined with the first processor. 5 9 · The system described in item 44 of the scope of patent application, where the first processor can confirm the validity of the identification of the beneficiary institution and the beneficiary account. 60. The system described in item 44 of the scope of patent application, wherein the second treatment is to 'can confirm the validity of the payee institution and payee account identification. 6 1 · The system described in item 44 of the patent application, wherein the first processor is coupled to the second processor via the Internet. 6 2 · The system as described in claim 44 of the patent scope, wherein the payee account is an account that can only be received. 63. The system according to item 44 of the scope of patent application, further comprising: a fourth processor is transferred to a third processor, and the fourth processor reports the credit status of the payee's account related to the payee. 6 4. The system described in item 44 of the scope of patent application, further comprising a first address to access the payer's account, the first address being used to access the payer's account for self-payment In your account. 65. The system according to item 64 of the scope of patent application, further comprising a second address to access the payer account, and the second address is used to receive and send credit to the payer account. Page 69 482988 VI. Application for Patent Scope 66. The system described in Item 65 of the scope of patent application, in which the payment from the payer's account is prohibited from using the second address, so payment can be issued with the second address To receive as credit to the payer's account. 6 7. The system according to item 65 of the scope of patent application, wherein the first and second addresses are different. It further includes a physical card, and the second processor is used to access and pay 6 8. The system physical card described in item 44 of the scope of patent application can be bound to the payer account 6 9. The system described in item 68 of the scope of patent application is linked to the payer's account and requires a personal identification number (PIN) via the second processor when the physical card payer's account. Chapter 70