Validating E-commerce transactions
View Patent ↗Methods of the present invention allow for validating eCommerce transactions. An exemplary method for validating an eCommerce transaction may comprise the steps of validating a Hosting Provider, validating a Merchant using the Hosting Provider to host an eCommerce website, and validating a Customer who may purchase goods or services from the Merchant via the eCommerce website. If the Hosting Provider, Merchant, and Customer are validated, an eCommerce transaction may be approved.
1. A method, comprising the steps of:
a) validating, by at least one server computer, the trustworthiness of a Hosting Provider by confirming that one or more computer systems of said Hosting Provider are secure, wherein said Hosting Provider comprises an entity providing website hosting services to third parties;
b) validating, by said at least one server computer, the trustworthiness of a Merchant using said Hosting Provider to host an eCommerce website resolving from a domain name by confirming that said domain name is registered to said Merchant;
c) validating, by said at least one server computer, the trustworthiness of a Customer attempting to purchase goods or services from said Merchant via said eCommerce website; and
d) responsive to a determination that said Hosting Provider, said Merchant, and said Customer are validated, approving, by said at least one server computer, an eCommerce transaction involving said Hosting Provider, said Merchant, and said Customer.
2. The method of claim 1 , wherein step a) further comprises the step of determining, by said at least one server computer, that said Hosting Provider satisfies a pre-established criteria.
3. The method of claim 2 , wherein said pre-established criteria comprises the Payment Card Industry Data Security Standard.
4. The method of claim 1 , wherein step b) further comprises the step of determining, by said at least one server computer, that said Merchant satisfies a pre-established criteria.
5. The method of claim 1 , wherein step b) further comprises the step of verifying, by said at least one server computer, the reputation of a domain name registered to said Merchant.
6. The method of claim 1 , wherein step b) further comprises the step of verifying, by said at least one server computer, the reputation of a website operated by said Merchant.
7. The method of claim 1 , wherein step b) comprises the step of determining, by said at least one server computer, whether a website operated by said Merchant is SSL-certified.
8. The method of claim 1 , wherein step c) further comprises the step of determining, by said at least one server computer, that said Customer satisfies a pre-established criteria.
9. The method of claim 1 , wherein step c) further comprises the step of analyzing, by said at least one server computer, said Customer's purchase history.
10. The method of claim 1 , wherein step c) further comprises the step of confirming, by said at least one server computer, said Customer is authorized to use a credit card.
11. The method of claim 1 , wherein step c) further comprises the step of analyzing, by said at least one server computer, said Customer's eCommerce reputation.