Patent ID: 7664698

Claim:
An e-commerce system for payment over the internet comprising: a. at least one merchant website for selling goods or services by an online transaction; b. at least one shopper computer for accessing said merchant website and initiating said online transaction; c. a payment solutions provider server of a system payment solutions provider operationally connected with said shopper computer for establishing, maintaining, and replenishing an online account and operationally connected with said merchant website for making payment from a shopper to a merchant from said online account; d. wherein said online account is capable of being credited with an amount of value, without a credit card, debit card, or bank account, by receiving value information from a pre-paid system smart card issued by the system payment solutions provider; e. wherein said online account is capable of being credited with an amount of value by receiving value information from additional system smart cards; and f. wherein said online account is capable of being debited by an amount of value upon receiving instructions from said merchant website in response to said initiated transaction.