Patent ID: 6957192
Filing Date: 2005-10-18
Classification: G06Q

Abstract:
1. A method of financing eCommerce purchases comprising: (a) Receiving over the Internet buyer registration information; (b) Evaluating a credit rating for said buyer; (c) Passing over the Internet said credit rating to a seller; (d) Receiving over the Internet from said seller seller's credit options for said buyer; (e) Determining other credit provider's credit options for said buyer; (f) Creating a database of said credit options for said buyer, wherein said creating step occurs on a pre-determined schedule, in response to pre-determined triggering events, upon a seller's or credit provider's request; (g) Receiving over the Internet an order for said buyer; (h) Querying said database with query criteria specific to said order, thereby resulting in a report of credit options for said buyer for said order; (i) Passing over the Internet said report to said buyer; (j) Receiving over the Internet said buyer's selection of a credit option; (k) Passing over the Internet a payment schedule for said buyer; and (l) Receiving payment remitted from said buyer.