Patent ID: 7860784
Filing Date: 2010-12-28
Classification: G06Q

Abstract:
1. A method comprising: receiving user information regarding a user, an account identifier, and a server location from a merchant application, the account identifier identifying the user to the merchant application, at least a portion of the user information being obtained by the merchant application from an existing merchant user account, the existing merchant user account allowing the user associated with the existing merchant user account to communicate with the merchant application in order to participate in selling or buying of an item, the merchant application to provide marketplace functionalities independent from payment services; initiating an underwriting process using the user information to determine whether to establish a user payment account for the user, the user payment account to enable the user to perform at least one of making a payment and receiving a payment in a networked system; establishing the user payment account for the user in response to a result of the underwriting process; and providing establishment information of the established user payment account and the account identifier at the server location designated by the merchant application, the establishment information including information regarding functionality available through use of the user payment account.