Patent ID: 8548858

Claim:
A computer-implemented method executed by a server, the method comprising: receiving, by the server, payment information from a buyer of a product and the payment information includes a buyer email address for the buyer; receiving, by the server, sale information pertaining to a sale of the product from a seller, the sale information includes a seller email address for the seller; determining, by the server that a financial institution of the buyer has requested additional information before the sale is complete, the financial institution provides a payment for the sale from a buyer account at the financial institution; issuing, by the server, email messages to the buyer and the seller using the buyer email address and the seller email address requesting clarifying information to clarify a request of the financial institution; issuing, by the server, queries using the payment information and the sale information to check blacklists with external credit bureaus and to ensure that no fraud is present in addition to checking other databases with a payment facilitator system, and assuring that the an account of the buyer has not been used with the seller more than a predetermined amount of times within a predetermined time period to ensure that no fraud is present; and obtaining, by the server, approval from the financial institution to take the payment from the account of the buyer at the financial institution and credit the account of the seller at another financial institution once the financial institution of the buyer is satisfied with the clarifying information, and the financial institution of the buyer automatically interacts with the buyer or seller to confirm a transaction and ensure no fraud is present.