Patent ID: 7849020

Claim:
A method of authorizing an online transaction between a purchaser and a merchant over a network interconnecting a purchaser computer and a merchant computer, respectively, the method comprising acts of: transmitting an order from the purchaser computer to the merchant computer indicating one or more goods and/or services the purchaser intends to purchase; receiving a first request at the purchaser computer from the merchant computer to provide verification of an identity of the purchaser; requesting by the purchaser computer an identity token from an identity provider computer connected to the network, the identity token providing verification of the identity of the purchaser, wherein the identity token includes a predetermined interval of time during which the identity token can be processed, and wherein the identity token is considered invalid when the predetermined interval of time expires; receiving at the purchaser computer the identity token from the identity provider; receiving a second request at the purchaser computer from the merchant computer to provide verification of an ability of the purchaser to pay for the transaction; and requesting by the purchaser computer a payment token from a payment provider computer connected to the network, the payment token indicating the ability of the purchaser to pay for the transaction, wherein the payment token includes a predetermined interval of time during which the payment token can be processed, wherein the payment token is considered invalid when the predetermined interval of time expires, wherein requesting the payment token includes providing the identity token to the payment provider computer; wherein the identity provider computer and the payment provider computer are different network entities; wherein the method further comprising an act of providing, via the purchaser computer, identification information to facilitate the identity provider computer in verifying the identity of the purchaser; and wherein the act of providing identification information includes an act of providing a subscriber identity module (SIM) number, a network address, or a unique hardware identification (ID).