Patent ID: 7606770
Filing Date: 2009-10-20
Classification: G06Q,G07F

Abstract:
1. A computer-implemented method for performing an on-line transaction with a vendor using a single-use payment instrument in the absence of a billing service, comprising: generating by a first computer software application process tangibly embodied in a physical program storage device executable by a physical computer hardware machine and executing on the hardware machine details of a payment instrument for the transaction corresponding to transaction details for the on-line transaction with the vendor received from a customer via a second computer software application process tangibly embodied in a physical program storage device executable by a physical computer hardware machine and executing on the hardware machine, said details of the payment instrument consisting at least in part of a payment amount and a unique identification number for the transaction; providing the customer by a third computer software application process tangibly embodied in a physical program storage device executable by a physical computer hardware machine and executing on the hardware machine with the payment instrument details for use in the transaction with the vendor; and authorizing the transaction with the vendor for the customer by a fourth computer software application process tangibly embodied in a physical program storage device executable by a physical computer hardware machine and executing on the hardware machine in response to a request for authorization of the transaction for the customer according to the payment instrument details without imposing as a prerequisite for the on-line transaction that the vendor must have entered a billing agreement with a billing service and that the customer must have registered with the billing service.