CONFIRMING LOCAL MARKETPLACE TRANSACTION CONSUMMATION FOR ONLINE PAYMENT CONSUMMATION
Exemplary embodiment of the present invention would provide systems, including Internet-based systems, and computer-implemented methods, for providing online Buyers and Sellers who physically transact an exchange of an item at a local meeting place, indicia of confirmation of the exchange on which to base a background online payment. In particular, exemplary embodiments of the present invention would provide a way for Buyers and/or Sellers to input an identifier for online authentication to confirm that a physical exchange of an item sold had been transacted and that would accordingly provide an online system with a basis to charge the relevant Buyer's account for a sale amount and pay the Seller for the item sold.
1 . An Internet-based computer system for confirming that a proposed sale transaction has been consummated, said Internet-based computer system including a payment processor system comprising at least one computer device programmed to:
receive a buyer's payment information and store said payment information;
prior to a sale of an at least one item associated with an online store of a seller to said buyer, receive, at said payment processor system, a request transmitted from a buyer computer device for said buyer to be able to purchase at least one item offered for sale by said online store;
in response to said request, generate a transaction-specific buyer acceptance identifier comprising a combination of human-readable characters;
provide said transaction-specific buyer acceptance identifier to said buyer computer device;
store in computer-accessible memory associated with said payment processor system a record comprising a relationship between said transaction-specific buyer acceptance identifier, a buyer-specific identifier, and a seller-specific identifier;
receive from a seller computer device an identifier of the transaction, an identifier of the buyer, and an identifier of the seller;
compare the identifier of the transaction with the transaction-specific buyer acceptance identifier;
compare the identifier of the buyer with the buyer-specific identifier;
compare the identifier of the seller with the seller-specific identifier; and
if said identifier of the transaction corresponds to the transaction-specific buyer acceptance identifier, said identifier of the buyer corresponds to the buyer-specific identifier, and said identifier of the seller corresponds to the seller-specific identifier, charge an account associated with the buyer for an amount associated with the request to purchase at least one item offered for sale by said online store;
wherein the payment information is reused for at least one subsequent transaction; and
wherein providing said transaction-specific buyer acceptance identifier comprises providing at least one of a text message and a Personal Identification Number (PIN).
2 . The system of claim 1 , wherein the payment information comprises at least one of an account number, credit card payment information, debit card payment information, a bank identifier, or buyer identification information.
3 . The system of claim 1 , wherein said buyer computer device is a buyer mobile device.
4 . The system of claim 1 , wherein said payment processor system is implemented on a website of the online store.
5 . The system of claim 1 , wherein the payment information is reused for at least one subsequent transaction.
6 . A computer implemented method for confirming that a proposed sale transaction has been consummated, performed by a payment processor system, the method comprising:
receiving a buyer's payment information and storing said payment information;
prior to a sale of an at least one item associated with an online store of a seller to said buyer, receiving at said payment processor system a request transmitted from a buyer computer device for said buyer to be able to purchase at least one item offered for sale by said online store;
in response to said request, generating a transaction-specific buyer acceptance identifier comprising a combination of human-readable characters;
sending said transaction-specific buyer acceptance identifier as a text message, which comprises a Personal Identification Number (PIN), to a mobile device of said buyer, wherein said mobile device of said buyer and said buyer computer device may be the same or different;
storing in computer-accessible memory, associated with said payment processor system, a record comprising a relationship between said transaction-specific buyer acceptance identifier, a buyer-specific identifier, and a seller-specific identifier; receiving from a seller computer device an identifier of the transaction, an identifier of the buyer, and an identifier of the seller,
comparing the identifier of the transaction with the transaction-specific buyer acceptance identifier;
comparing the identifier of the buyer with the buyer-specific identifier;
comparing the identifier of the seller with the seller-specific identifier; and
if said identifier of the transaction corresponds to the transaction-specific buyer acceptance identifier, said identifier of the buyer corresponds to the buyer-specific identifier, and said identifier of the seller corresponds to the seller-specific identifier, charging an account associated with the buyer for an amount associated with the request to purchase at least one item offered for sale by said online store;
wherein the payment information is reused for at least one subsequent transaction; and
wherein providing said transaction-specific buyer acceptance identifier comprises providing at least one of a text message and a Personal Identification Number (PIN).
7 . A computer implemented method for confirming that a proposed sale transaction has been consummated, performed by a payment processor system, the method comprising:
receiving a buyer's payment information and storing said payment information;
prior to a sale of an at least one item associated with an online store of a seller to said buyer, receiving at said payment processor system a request transmitted from a buyer computer device for said buyer to be able to purchase at least one item offered for sale by said online store;
in response to said request, generating a transaction-specific buyer acceptance identifier comprising a combination of human-readable characters;
sending said transaction-specific buyer acceptance identifier as a text message, which comprises a Personal Identification Number (PIN), to a mobile device of said buyer, wherein said mobile device of said buyer and said buyer computer device may be the same or different;
storing in computer-accessible memory, associated with said payment processor system, a record comprising a relationship between said transaction-specific buyer acceptance identifier, a buyer-specific identifier, and a seller-specific identifier;
receiving from a seller computer device an identifier of the transaction, an identifier of the buyer, and an identifier of the seller; comparing the identifier of the transaction with the transaction-specific buyer acceptance identifier;
comparing the identifier of the buyer with the buyer-specific identifier;
comparing the identifier of the seller with the seller-specific identifier; and
if said identifier of the transaction corresponds to the transaction-specific buyer acceptance identifier, said identifier of the buyer corresponds to the buyer-specific identifier, and said identifier of the seller corresponds to the seller-specific identifier, charging an account associated with the buyer for an amount associated with the request to purchase at least one item offered for sale by said online store.