Patent ID: 7805366
Filing Date: 2010-09-28
Classification: G06Q

Abstract:
1. A payment system including: A processor; Memory operatively coupled to the processor to execute instructions embodying a transaction identification system, an interface generator and a payment engine, wherein: the transaction identification system configured to identify a plurality of purchase transactions, established utilizing a transaction system, that impose a plurality of corresponding payment obligations on a first user, the plurality of purchase transactions associated with at least two different payees, the transaction system to support at least one or more auction price setting mechanisms wherein the transaction identification system is to determine a combinable subset of the plurality of purchase transactions as being transactions having a common payee to group, from the plurality of purchase transactions, the combinable subset of the plurality of purchase transactions determined as having the common payee and to identify, from the combinable subset of the plurality of purchase transactions, an auction transaction in process as a transaction incurring no payment obligation yet; the interface generator configured to generate an aggregation interface that presents the plurality of purchase transactions to the first user in conjunction with a payment option to initiate an automatic payment process with respect to at least the first subset of the plurality of purchase transactions; and the payment engine configured to initiate the automatic payment process to a second user, and with respect to the first subset of the plurality of purchase transactions, upon election by the first user of the payment option.