Patent ID: 9002735
Filing Date: 2015-04-07
Classification: G06Q

Abstract:
1. An online buyback system comprising: a database storing product sale information including product identification information, product specification, product sale price, an product sale date; a processor programmed to effectuate the operation of the following units: a buyback request information receiving unit receiving buyback request information including product identification information from a computer of a buyback requester accessing a network; a sale checking unit referring to the product sale information stored in the database to check whether or not a product corresponding to the product identification information contained in the buyback request information has been sold; and a buyback processing unit processing such that the product corresponding to the product identification information is collected from the buyback requester when the product is determined to have been sold, and a buyback price of the product is paid to the buyback requester based on a time interval, the time interval being calculated from the product sale date to buyback request date, wherein the buyback processing unit compares the time interval with a predetermined expiry date to determine an amount of the product buyback price to the buyback requester based on data calculated by the comparison, and wherein the product is a tangible product.