111111111111111111111111111111111111111111111111111111111111111111111111111
`111111111111111111111111111111111111111111111111111111111111111111111111111
`US007610244B2
`US007610244B2
`
`(12) United States Patent
`(12) United States Patent
`Likourezos et al.
`Likourezos et al.
`
`(10) Patent No.:
`(10) Patent No.:
`(45) Date of Patent:
`(45) Date of Patent:
`
`US 7,610,244 B2
`US 7,610,244 B2
`*Oct. 27, 2009
`*Oct. 27, 2009
`
`(54) SYSTEM AND METHOD FOR EFFECTING
`(54) SYSTEM AND METHOD FOR EFFECTING
`PAYMENT FORAN ITEM OFFERED FORAN
`PAYMENT FORAN ITEM OFFERED FORAN
`ELECTRONIC AUCTION SALE
`ELECTRONIC AUCTION SALE
`
`(75)
`(75)
`
`Inventors: George Likourezos, Brooklyn, NY
`Inventors: George Likourezos, Brooklyn, NY
`(US); Michael Anthony Scaturro,
`(US); Michael Anthony Scaturro,
`Garden City, NY (US)
`Garden City, NY (US)
`
`(73) Assignee: XPRT Ventures, LLC, Greenwich, CT
`(73) Assignee: XPRT Ventures, LLC, Greenwich, CT
`(US)
`(US)
`
`JP
`JP
`
`(56)
`(56)
`
`References Cited
`References Cited
`
`U.S. PATENT DOCUMENTS
`U.S. PATENT DOCUMENTS
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`10/1989 Lloyd
`(Continued)
`(Continued)
`
`.
`.
`
`705/38
`705/38
`
`FOREIGN PATENT DOCUMENTS
`FOREIGN PATENT DOCUMENTS
`2002074235 A
`3/2002
`2002074235 A
`3/2002
`(Continued)
`(Continued)
`
`( *) Notice:
`( *) Notice:
`
`Subject to any disclaimer, the term of this
`Subject to any disclaimer, the term of this
`patent is extended or adjusted under 35
`patent is extended or adjusted under 35
`U.S.c. 154(b) by 336 days.
`U.S.c. 154(b) by 336 days.
`
`This patent is subject to a terminal dis(cid:173)
`This patent is subject to a terminal dis(cid:173)
`claimer.
`claimer.
`
`(21)
`(21)
`
`(22)
`(22)
`
`(65)
`(65)
`
`(63)
`(63)
`
`(51)
`(51)
`
`(52)
`(52)
`(58)
`(58)
`
`Appl. No.: 10/044,075
`Appl. No.: 10/044,075
`
`Filed:
`Filed:
`
`Jan. 11, 2002
`Jan. 11, 2002
`
`Prior Publication Data
`Prior Publication Data
`
`US 2002/0095379 Al
`US 2002/0095379 Al
`
`Jul. 18, 2002
`Jul. 18, 2002
`
`Related U.S. Application Data
`Related U.S. Application Data
`
`Continuation-in-part of application No. 091993,818,
`Continuation-in-part of application No. 091993,818,
`filed on Nov. 14,2001, which is a continuation-in-part
`filed on Nov. 14,2001, which is a continuation-in-part
`of application No. 091946,616, filed on Sep. 5, 2001,
`of application No. 091946,616, filed on Sep. 5, 2001,
`now Pat. No. 7,567,937, which is a continuation-in(cid:173)
`now Pat. No. 7,567,937, which is a continuation-in(cid:173)
`part of application No. 091764,618, filed on Jan. 17,
`part of application No. 091764,618, filed on Jan. 17,
`2001, now Pat. No. 7,483,856.
`2001, now Pat. No. 7,483,856.
`Int. Cl.
`Int. Cl.
`G06Q 40/00
`G06Q 40/00
`U.S. Cl.
`705/40; 705/37
`U.S. Cl.
`705/40; 705/37
`Field of Classification Search
`705/43,
`Field of Classification Search
`705/43,
`705/46,37,38,36,40,39,34; 382/139;
`705/46,37,38,36,40,39,34; 382/139;
`380/24; 235/379
`380/24; 235/379
`See application file for complete search history.
`See application file for complete search history.
`
`(2006.01)
`(2006.01)
`
`OTHER PUBLICATIONS
`OTHER PUBLICATIONS
`"Ask the Maven." Newsday. Long Island, N. Y. Dec. 6, 2000. p.
`"Ask the Maven." Newsday. Long Island, N. Y. Dec. 6, 2000. p.
`C.07.*
`C.07.*
`
`(Continued)
`(Continued)
`
`Primary Examiner-Hani M Kazimi
`Primary Examiner-Hani M Kazimi
`(74) Attorney, Agent, or Firm-George Likourezos; Michael
`(74) Attorney, Agent, or Firm-George Likourezos; Michael
`A. Scaturro; Leo G. Lerma
`A. Scaturro; Leo G. Lerma
`
`(57)
`(57)
`
`ABSTRACT
`ABSTRACT
`
`A computerized electronic auction payment system and
`A computerized electronic auction payment system and
`method for effecting payment for at least one item sold via an
`method for effecting payment for at least one item sold via an
`electronic auction web site maintained by an electronic auc(cid:173)
`electronic auction web site maintained by an electronic auc(cid:173)
`tion system are provided. The system sets up and maintains
`tion system are provided. The system sets up and maintains
`electronic auction payment accounts for prospective users,
`electronic auction payment accounts for prospective users,
`e.g., bidders and sellers, of the electronic auction web site.
`e.g., bidders and sellers, of the electronic auction web site.
`The method includes the step of deducting funds the payment
`The method includes the step of deducting funds the payment
`account corresponding to the buyer of the at least one item
`account corresponding to the buyer of the at least one item
`following authorization from the buyer to deduct funds from
`following authorization from the buyer to deduct funds from
`the payment account. The method for effecting payment does
`the payment account. The method for effecting payment does
`not provide for any interaction between the buyer and the
`not provide for any interaction between the buyer and the
`seller. It is provided that the buyer's payment account is
`seller. It is provided that the buyer's payment account is
`deducted automatically, ifthe at least one input is not received
`deducted automatically, ifthe at least one input is not received
`within a predetermined time period.
`within a predetermined time period.
`
`57 Claims, 9 Drawing Sheets
`57 Claims, 9 Drawing Sheets
`
`102
`102
`
`102
`102
`
`102
`102
`
`102
`102
`
`I I I
`I I I
`
`__ --I
`__ --I
`
`122
`122
`
`eBay et al., Ex.1001, p.1
`
`

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`eBay and Wells Fargo Launch Electronic Check as Alternative to
`eBay and Wells Fargo Launch Electronic Check as Alternative to
`Credit Card and Traditional Checks: eBay Online Payments by
`Credit Card and Traditional Checks: eBay Online Payments by
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`Appl. No. 09/946,616 and received by OIPE on Jun. 7, 2002-35 pgs.
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`Request for Reconsideration of Petition to Make Special Pursuant to
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`eBay et al., Ex.1001, p.2
`
`

`
`US 7,610,244 B2
`US 7,610,244 B2
`Page 3
`Page 3
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`http://www.PayPal.com web site pages printed on Jan. 29, 2001,
`http://www.PayPal.com web site pages printed on Jan. 29, 2001,
`copyright 2001 PayPal, 27 pages.
`copyright 2001 PayPal, 27 pages.
`http://www.billpoint.comwebsitepages.printed on Dec. 29, 2000,
`http://www.billpoint.comwebsitepages.printed on Dec. 29, 2000,
`copyright 2000, Ballpoint, Inc., 12 pages.
`copyright 2000, Ballpoint, Inc., 12 pages.
`* cited by examiner
`* cited by examiner
`
`eBay et al., Ex.1001, p.3
`
`

`
`u.s. Patent
`u.s. Patent
`
`Oct. 27, 2009
`Oct. 27, 2009
`
`Sheet 1 of 9
`Sheet 1 of 9
`
`US 7,610,244 B2
`US 7,610,244 B2
`
`102
`102
`r----4-,f
`r----4-,f
`
`USER
`USER
`
`102
`102
`f
`f
`
`102
`102
`f
`f
`
`102
`102
`r
`r
`
`j
`j
`
`USER
`USER
`
`USER
`USER
`
`USER
`USER
`
`INTERNET
`INTERNET
`
`.1.QQ
`.1.QQ
`
`r~r-::::--1-: :-------::-:::-:------- =:-----------=--=-1 -:. ~---=~-~
`r~r-::::--1-: :-------::-:::-:------- =:-----------=--=-1 -:. ~---=~-~
`
`I
`I
`•
`•
`I
`I
`I
`I
`
`1
`1
`I
`I
`; WEBSERVER
`; WEBSERVER
`I
`I
`I
`I
`I PROCESSOR
`PROCESSOR
`I
`I
`I
`ill
`ill
`I
`I
`I
`I
`I
`I
`I
`I
`I MEMORY
`I MEMORY
`ill
`ill
`I
`I
`I
`I
`,~
`,~
`
`Gi1
`Gi1
`
`l.. -
`l.. -
`
`-
`-
`
`A
`A
`
`EXTERNAL
`EXTERNAL
`FINANCIAL ~122
`FINANCIAL ~122
`~tvf
`~tvf
`,'; l"."'l
`,'; l"."'l
`
`FIG.l
`FIG.l
`
`I
`I
`I
`I
`J
`J
`- - -J - - - - -- -------...-- - - ---- - _--J
`- - -J - - - - -- -------...-- - - ---- - _--J
`
`I
`I
`I
`I
`I WEB SERVER
`WEB SERVER
`I WEB SERVER
`WEB SERVER I
`I
`I
`I
`lQ1
`.l.Q.8.
`.l.Q.8.
`lQ1
`I
`I
`I
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`I
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`I
`: L.:----------------------------r-~ I
`: L.:----------------------------r-~ I
`r- ---------------------
`..,
`r- ---------------------
`..,
`I
`I
`I
`I
`:
`I /12
`I
`I
`:
`1/12
`I
`I
`f
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`16
`16
`I
`I
`I
`I
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`I
`:
`:
`I
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`:
`:
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`I
`I
`I
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`lI
`lI
`
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`~110
`I
`I
`
`I
`I
`
`I
`I
`
`I
`I
`I
`I
`
`I
`I
`~
`~
`
`J
`J
`
`DATABASE OF
`DATABASE OF
`ELECTRONIC AUCTION
`ELECTRONIC AUCTION
`PAYMENT ACCOUNTS
`PAYMENT ACCOUNTS
`114
`114
`-
`-
`
`-
`-
`
`SYSTEM ACCOUNT
`SYSTEM ACCOUNT
`DATABASE
`DATABASE
`l2Q
`l2Q
`
`eBay et al., Ex.1001, p.4
`
`

`
`u.s. Patent
`u.s. Patent
`
`Oct. 27, 2009
`Oct. 27, 2009
`
`Sheet 2 of 9
`Sheet 2 of 9
`
`US 7,610,244 B2
`US 7,610,244 B2
`
`ACCESS THE
`ACCESS THE
`REGISTRATION
`REGISTRATION
`PAGE
`PAGE
`2 )0
`2 )0
`
`SET UP PAYMENT
`SET UP PAYMENT
`ACCOUNT AND
`ACCOUNT AND
`STORE WITHIN
`STORE WITHIN
`DATABASE
`DATABASE
`2l 12
`2l 12
`
`ACCESS THE
`ACCESS THE
`PAYMENT
`PAYMENT
`REGISTRATION
`REGISTRATION
`PAGE
`PAGE
`204
`204
`
`ENTER PAYMENT
`ENTER PAYMENT
`INFORMATION
`INFORMATION
`206
`206
`
`STORE ENTERED
`STORE ENTERED
`PAYMENT
`PAYMENT
`INFORMATION
`INFORMATION
`WITHIN DATABASE
`WITHIN DATABASE
`2D8
`2D8
`
`PRESENT
`PRESENT
`CONFIRMATION
`CONFIRMATION
`PAGE
`PAGE
`210
`210
`
`FIG.2A
`FIG.2A
`
`eBay et al., Ex.1001, p.5
`
`

`
`u.s. Patent
`u.s. Patent
`
`Oct. 27, 2009
`Oct. 27, 2009
`
`Sheet 3 of 9
`Sheet 3 of 9
`
`US 7,610,244 B2
`US 7,610,244 B2
`
`INITIATE A
`INITIATE A
`REAL-TIME
`REAL-TIME
`PAYMENT
`PAYMENT
`220
`220
`I
`I
`ENTER THE AMOUNT
`ENTER THE AMOUNT
`OF FUNDS TO BE
`OF FUNDS TO BE
`TRANSFERRED
`TRANSFERRED
`222
`222
`I
`I
`ACCESS A
`ACCESS A
`CONFIRMATION
`CONFIRMATION
`PAGE
`PAGE
`224
`224
`I
`I
`AUTHORIZE
`AUTHORIZE
`PAYMENT
`PAYMENT
`226
`226
`I
`I
`DISPLAY BILL
`DISPLAY BILL
`OF SALE
`OF SALE
`228
`228
`I
`I
`TRANSMIT E-MAIL
`TRANSMIT E-MAIL
`TO THE WINNING
`TO THE WINNING
`BIDDER AND
`BIDDER AND
`SELLER
`SELLER
`230
`230
`
`FIG.2B
`FIG.2B
`
`eBay et al., Ex.1001, p.6
`
`

`
`~7
`~7
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`J).
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`~~=~
`•~ ~
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`N
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`0
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`,j;o,.
`
`rFJ=-('D
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`('D.....
`('D.....
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`o....
`
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`\0
`
`USER-NAME JJtl'f
`]JO'f
`
`USER-NAME
`
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`0-.,
`0-.,
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`dr
`
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`"""'"=N
`~=N
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`~
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`]Jt?1
`PASSWORD ] Jtll
`PASSWORD
`
`FIG. 3
`FIG. 3
`
`:J,t;l$'
`:JP$'
`
`[
`[
`NEXT--->
`NEXT--->
`
`3tJCl
`3tJCl
`
`ELEASE REGISTER
`ELEASE REGISTER
`
`FIRST NAME
`FIRST NAME
`
`M.1.
`M.1.
`
`LAST NAME
`LAST NAME
`
`DATE OF BIRTH
`DATE OF BIRTH
`
`SOCIAL SECURITY NO.
`SOCIAL SECURITY NO.
`
`3tJ2
`3tJ2
`
`MAILING ADDRESS
`MAILING ADDRESS
`
`COUNTRY OF CITIZENSHIP
`COUNTRY OF CITIZENSHIP
`
`CITY
`CITY
`
`STATE
`STATE
`
`ZIP CODE
`ZIP CODE
`
`COUNTRY
`COUNTRY
`
`eBay et al., Ex.1001, p.7
`
`

`
`~7
`
`J).
`
`•~ ~~~=~
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`o~ N
`
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`
`No
`0
`
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`
`tto2
`
`'100
`
`,'If)'I
`
`I. BANK ACCOUNT INFORMATION
`I. BANK ACCOUNT INFORMATION
`
`II CREDIT CARD INFORMATION
`II CREDIT CARD INFORMATION
`
`NAME OF BANK
`NAME OF BANK
`
`ACCOUNT NUMBER
`ACCOUNT NUMBER
`
`CREDIT CARD NO.
`CREDIT CARD NO.
`
`EXP.DATE
`EXP.DATE
`
`MAILING ADDRESS
`MAILING ADDRESS
`
`NAME OF ACCOUNT
`NAME OF ACCOUNT
`HOLDER
`HOLDER
`
`NAME ON CREDIT CARD
`NAME ON CREDIT CARD
`
`7'V'6'
`
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`o....
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`Ul
`
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`
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`
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`
`~~=N
`
`t{flJ
`
`% OF FUNDS FROM I.
`% OF FUNDS FROM I.
`
`% OF FUNDS FROM II. :
`% OF FUNDS FROM II. :
`
`CREDIT CARD ISSUER (VISA, ETC.)
`ZIP CODE
`STATE
`CITY
`CREDIT CARD ISSUER (VISA, ETC.)
`ZIP CODE
`STATE
`CITY
`I
`I
`- - - - - - - - - - - - - - - - - - - - - - - - - - -- - - -"!.- - - -- - - - - - - - - - - - - - - - - - - --
`- - - - - - - - - - - - - - - - - - - - - - - - - - -- - - -"!.- - - -- - - - - - - - - - - - - - - - - - - --
`I
`I
`MAIL BANK ACCOUNT INFO.,
`MAIL BANK ACCOUNT INFO.,
`CREDIT CARD INFO., OR CHECK!
`CREDIT CARD INFO., OR CHECK!
`MONEY ORDER TO:
`MONEY ORDER TO:
`AUCTIONS PAYMENT LED.
`AUCTIONS PAYMENT LED.
`15 MERCER LANE, NY, NY 10015
`15 MERCER LANE, NY, NY 10015
`- - - - - ---
`- - - - - ---
`J2]~)J~5.:.2~9.9
`J2]~)J~5.:.2~9.9
`
`% OF FUNDS TO BE
`% OF FUNDS TO BE
`TRANSFERRED TO I.
`TRANSFERRED TO I.
`
`% OF FUNDS TO BE
`% OF FUNDS TO BE
`TRANSFERRED TO II.
`TRANSFERRED TO II.
`
`:
`:
`l
`l
`
`ENTER AMOUNT OF FUNDS
`ENTER AMOUNT OF FUNDS
`TO DEPOSIT IN THE ELECTRONIC
`TO DEPOSIT IN THE ELECTRONIC
`AUCTION PAYMENT ACCOUNT
`AUCTION PAYMENT ACCOUNT
`l'
`l'
`'I!:/,
`'I!:/,
`
`ENTER AMOUNT OF FUNDS
`ENTER AMOUNT OF FUNDS
`TO BE WITHDRAWN
`TO BE WITHDRAWN
`t
`t
`
`¥/y
`¥/y
`
`AUTOMATIC ~7f6
`AUTOMATIC ~7f6
`PAYMENT
`PAYMENT
`YES (Y) OR NO(N)
`YES (Y) OR NO(N)
`
`FIG.4A
`FIG.4A
`
`eBay et al., Ex.1001, p.8
`
`

`
`~7
`
`J).
`
`•~ ~~~=~
`
`o~ N
`
`~......:J
`
`No
`0
`
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`
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`o....
`
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`
`\0
`
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`
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`......:J
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`
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`
`~~=N
`
`~oo
`~oo
`
`~J'a.
`~J'a.
`
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`£¥I~G
`i/.
`I. REPLENISH FUNDS
`I. REPLENISH FUNDS
`DEBI1ED
`DEBI1ED
`
`J!!ft!'eI
`J!!ft!'eI
`IT. EFFECTPAYNmNTEVEN
`IT. EFFECTPAYNmNTEVEN
`WHEN THERE ARE
`WHEN THERE ARE
`INSUFFICIENT FUNDS IN
`INSUFFICIENT FUNDS IN
`AUCTION ACCOUNT
`AUCTION ACCOUNT
`
`/
`/
`
`TOTAL FUNDS TO
`TOTAL FUNDS TO
`TRANSFER TO
`TRANSFER TO
`AUCTION ACCOUNT
`AUCTION ACCOUNT
`IF FUNDS IN ACCOUNT
`IF FUNDS IN ACCOUNT
`ARE LESS THAN __
`ARE LESS THAN __
`
`r~
`¥/J'6
`/
`IL
`
`TOTAL FUNDS TO
`TOTAL FUNDS TO
`TRANSFER TO
`TRANSFER TO
`AUCTION ACCOUNT
`AUCTION ACCOUNT
`EVERY
`_
`EVERY
`_
`DAY (D), WEEK (W),
`DAY (D), WEEK (W),
`MONTH(M
`MONTH(M
`
`~ INSURANCE PRICES
`'//'l~ INSURANCE PRICES
`'//9" -,
`
`INDICATE HOW FUNDS ~'/:La
`INDICATE HOW FUNDS ~'/:La
`ARE TO BE INVESTED
`ARE TO BE INVESTED
`
`FIG.4B
`FIG.4B
`
`III. PROVIDE INSURANCEf
`III. PROVIDE INSURANCEf
`
`~
`'t'/.?e
`
`d~/ef'r
`d~
`IV. ISSUE-C-HE-CKS
`IV. ISSUE CHECKS
`
`MINIMUM FINAL AUCTION
`MINIMUM FINAL AUCTION
`PRICE FOR PROVIDING
`PRICE FOR PROVIDING
`INSURANCE
`INSURANCE
`
`BY CLICKING YES TO ONE
`BY CLICKING YES TO ONE
`OR MORE OF FIELDS I-IV
`OR MORE OF FIELDS I-IV
`WE WILL ADD US$lO TO
`WE WILL ADD US$lO TO
`YOUR ACCOUNT EVERY
`YOUR ACCOUNT EVERY
`MONTH'"
`MONTH'"
`1
`
`'i~{)
`
`.£'1';/'/
`.£'1';/'/
`NEXT--->
`NEXT--->
`
`eBay et al., Ex.1001, p.9
`
`

`
`~7
`
`J).
`
`•~ ~~~=~ o(
`
`')
`
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`N
`~......:J
`
`No
`0
`
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`
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`
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`('D.....
`......:J
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`
`\0
`
`dr
`
`Jl
`......:J
`0-.,
`
`"""'"=N
`
`~~=N
`
`Soo
`
`PAYMENT PAGE
`PAYMENT PAGE
`
`AUCTION ITEM NO. ;.u42.....1......34.....6""'98:lol.-
`AUCTION ITEM NO. ;;u42.....1"""-34~6'"'98lol.-
`_
`_
`ITEM DESCRIPTION: SILVER BOWL (CIRCA 1920)
`ITEM DESCRIPTION: SILVER BOWL (CIRCA 1920)
`SELLER USER-NAME: SILVERRADO
`SELLER USER-NAME: SILVERRADO
`BUYER USER-NAME: !LOVE COLLECTING
`BUYER USER-NAME: !LOVE COLLECTING
`FINAL AUCTION PRICE: US $115,QQ
`FINAL AUCTION PRICE: ~U~S:.-':li$~11A.>:5:J.:o,Q~Q
`
`_
`
`/SCl8
`
`S4J,"'--'::? ENTER TOTAL FUNDS TO TRANSFER:
`S4J,"'--'::? ENTER TOTAL FUNDS TO TRANSFER:
`/INSURANCE (OPTIONAL):
`/INSURANCE (OPTIONAL):
`INSURANCE PRICES V-5t1c
`INSURANCE PRICES V-5t1c
`
`5t7r
`5t7r
`
`_
`_
`_
`_
`
`ENTER PASSWORD:
`ENTER PASSWORD:
`
`~51t:J
`~51t?
`
`.512
`.512
`.[.
`.[.
`NEXT--->
`NEXT--->
`
`FIG. 5
`FIG. 5
`
`eBay et al., Ex.1001, p.10
`
`

`
`~7
`
`J).
`
`•~ ~~~=~ o~ N
`
`~......:J
`
`No
`0
`
`o\
`
`rFJ=(cid:173)
`('Da
`o....
`
`QO
`
`\0
`
`dr
`
`Jl
`......:J
`0-.,
`
`"""'"=N
`
`~~=N
`
`600
`
`CONFIRMATION PAGE
`CONFIRMATION PAGE
`
`6p~
`6p~
`
`~ AUCTION ITEM NO. ;JJ42!o.!1~34;uJ6~98!.!.-
`~ AUCTION ITEM NO. 42134698
`_
`6o'l~SELLER USER-NAME~:~S""'-IL..uoV:...<-'E"'-RRAD--O----
`6'ot'~SELLER USER-NAME: SILVERRADO
`..I' BUYER USER-NAME: ILOVE COLLECTING
`..I' BUYER USER-NAME: ILOVE COLLECTING
`
`~o
`~o
`
`6()3~ TOTAL FUNDS TO BE TRANSFERRED: US $125.35
`6()3~ TOTAL FUNDS TO BE TRANSFERRED: US $125.35
`NO INSURANCE PURCHASED
`NO INSURANCE PURCHASED
`
`/'
`/'
`
`RtJ
`RtJ
`
`AMOUNT OF FUNDS
`AMOUNT OF FUNDS
`IN ACCOUNT: US $95.0Q
`IN ACCOUNT: US $95.0Q
`
`/6'a
`/6'a
`
`SYSTEM FUNDS TO /.fI.tr
`SYSTEM FUNDS TO /.fI.tr
`BE USED: US $30.35
`BE USED: US $30.35
`
`&'/b
`PAYMENT /&'/b
`PAYMENT/
`
`FIG. 6
`FIG. 6
`
`eBay et al., Ex.1001, p.11
`
`

`
`~7
`
`J).
`
`•~ ~~~=~ o~ N
`
`~......:J
`
`No
`0
`
`o\
`
`rFJ=(cid:173)
`('Da
`o....
`
`\0
`
`\0
`
`dr
`
`Jl
`......:J
`0-.,
`
`"""'"=N
`
`~~=N
`
`zqq
`
`BILL OF SALE
`BILL OF SALE
`
`7dJ
`7dJ
`7t:)y ~AUCTION ITEM NO. =42iL,.!;.1~34;u,06~98!.!.--
`7t:)y ~AUCTION ITEM NO. ;;t,j42ioL..!l~34:.u.6~98!.!.--
`_
`_
`~ ITEM DESCRIPTION: SILVER BOWL (CIRCA 1920)
`~ ITEM DESCRIPTION: SILVER BOWL (CIRCA 1920)
`7p~~ SELLER USER"NAME: SILYERRADO
`7p~~ SELLER USER"NAME: SILYERRADO
`7PJ'....-.-:?BUYER USER-NAME: }LOVE COLLECTING
`7PJ'....-.-:?BUYER USER-NAME: }LOVE COLLECTING
`
`. ._._7/P
`. ._._7/P
`ELECTRONIC AUCTION PAYMENT ACCOUNT NO.: 2695478 ~
`ELECTRONIC AUCTION PAYMENT ACCOUNT NO.: 2695478 ~
`TOTAL FUNDS TRANSFERRED: US $125.35 ~7/.,
`TOTAL FUNDS TRANSFERRED: US $125.35 ~7/.,
`~
`NO INSURANCE PURCHASED~
`~
`NO INSURANCE PURCHASED~
`,
`,
`
`....... 7/Y
`....... 7/Y
`
`PRINT ~7/b
`PRINT ~7/b
`
`FIG. 7
`FIG. 7
`
`eBay et al., Ex.1001, p.12
`
`

`
`US 7,610,244 B2
`US 7,610,244 B2
`
`1
`1
`SYSTEM AND METHOD FOR EFFECTING
`SYSTEM AND METHOD FOR EFFECTING
`PAYMENT FOR AN ITEM OFFERED FOR AN
`PAYMENT FOR AN ITEM OFFERED FOR AN
`ELECTRONIC AUCTION SALE
`ELECTRONIC AUCTION SALE
`
`PRIORITY
`PRIORITY
`
`This patent application is a continuation-in-part applica(cid:173)
`This patent application is a continuation-in-part applica(cid:173)
`tion of a patent application filed on Nov. 14, 2001 and
`tion of a patent application filed on Nov. 14, 2001 and
`assigned u.s. patent application Ser. No. 09/993,818 which is
`assigned u.s. patent application Ser. No. 09/993,818 which is
`a continuation-in-part application ofa patent application filed
`a continuation-in-part application ofa patent application filed
`on Sep. 5, 2001 and assigned u.s. patent application Ser. No.
`on Sep. 5, 2001 and assigned u.s. patent application Ser. No.
`09/946,616 which is a continuation-in-part application of a
`09/946,616 which is a continuation-in-part application of a
`patent application filed on Jan. 17, 2001 and assigned u.s.
`patent application filed on Jan. 17, 2001 and assigned u.s.
`patent application Ser. No. 09/764,618, the contents of the
`patent application Ser. No. 09/764,618, the contents of the
`priority patent applications are incorporated herein by refer(cid:173)
`priority patent applications are incorporated herein by refer(cid:173)
`ence.
`ence.
`
`FIELD OF THE INVENTION
`FIELD OF THE INVENTION
`
`The present invention relates to a computerized electronic
`The present invention relates to a computerized electronic
`auction payment system and a method for effecting a real(cid:173)
`auction payment system and a method for effecting a real(cid:173)
`time payment using the computerized electronic auction pay(cid:173)
`time payment using the computerized electronic auction pay(cid:173)
`ment system for an item won on an electronic auction, where
`ment system for an item won on an electronic auction, where
`users access the computerized electronic auction payment
`users access the computerized electronic auction payment
`system by remote terminals via an electronic network, such as
`system by remote terminals via an electronic network, such as
`the Internet.
`the Internet.
`
`BACKGROUND OF THE INVENTION
`BACKGROUND OF THE INVENTION
`
`A conventional auction is a prior art process in which bids
`A conventional auction is a prior art process in which bids
`from bidders are received by an auctioneer for an item to be
`from bidders are received by an auctioneer for an item to be
`sold. The bidder whose bid is the highest at the termination of
`sold. The bidder whose bid is the highest at the termination of
`the auction (the "successful or winning bidder") becomes the
`the auction (the "successful or winning bidder") becomes the
`purchaser of the item.
`purchaser of the item.
`With the advent of electronic networks, such as the Inter(cid:173)
`With the advent of electronic networks, such as the Inter(cid:173)
`net, electronic auctions have become tremendously popular.
`net, electronic auctions have become tremendously popular.
`Electronic auctions typically entail a seller of an item access(cid:173)
`Electronic auctions typically entail a seller of an item access(cid:173)
`ing an electronic auction web site, such as EBAYTM and
`ing an electronic auction web site, such as EBAYTM and
`YAHOO!TM Auctions, using a remote terminal and a web
`YAHOO!TM Auctions, using a remote terminal and a web
`browser via the electronic network. The prospective seller
`browser via the electronic network. The prospective seller
`then lists the item for sale with a short description describing
`then lists the item for sale with a short description describing
`the item which may include a scanned photograph ofthe item,
`the item which may include a scanned photograph ofthe item,
`provides a beginning selling price, and a date and time for the
`provides a beginning selling price, and a date and time for the
`auction to end. Generally, the date and time for the auction to
`auction to end. Generally, the date and time for the auction to
`end must be at least seven to ten days from the present date
`end must be at least seven to ten days from the present date
`and time; the present date and time is generally set as the date
`and time; the present date and time is generally set as the date
`and time for the auction to begin by an auction management
`and time for the auction to begin by an auction management
`system, such as software and hardware modules, overseeing
`system, such as software and hardware modules, overseeing
`the electronic auction web site.
`the electronic auction web site.
`The seller can also provide, prior to initiating the com(cid:173)
`The seller can also provide, prior to initiating the com(cid:173)
`mencement ofthe electronic auction, any additional costs the
`mencement ofthe electronic auction, any additional costs the
`winning bidder will have to pay, such as shipping and han(cid:173)
`winning bidder will have to pay, such as shipping and han(cid:173)
`dling fees and taxes, and any additional costs the winning
`dling fees and taxes, and any additional costs the winning
`bidder is recommended to pay, such as shipping insurance.
`bidder is recommended to pay, such as shipping insurance.
`Additional information which is provided by the seller or the
`Additional information which is provided by the seller or the
`electronic auction web site management system, prior to the
`electronic auction web site management system, prior to the
`commencement ofthe electronic auction, includes identifica(cid:173)
`commencement ofthe electronic auction, includes identifica(cid:173)
`tion information corresponding to the seller, e.g., the seller's
`tion information corresponding to the seller, e.g., the seller's
`user-name, and the seller's location.
`user-name, and the seller's location.
`During the auction, a prospective bidder using a remote 60
`During the auction, a prospective bidder using a remote 60
`terminal accesses the electronic auction web site via the elec(cid:173)
`terminal accesses the electronic auction web site via the elec(cid:173)
`tronic network and views the item for sale. The prospective
`tronic network and views the item for sale. The prospective
`bidder can then submit a bid by typing a bid amonnt, which is
`bidder can then submit a bid by typing a bid amonnt, which is
`greater than a displayed current selling price, and entering his
`greater than a displayed current selling price, and entering his
`user-name. The auction web site then informs the user or 6