System and method of delayed billing for on-demand products

1. A method of delaying billing, the method comprising:

receiving, via an on-demand product provision system, a binding request from a consumer, wherein the on-demand product provision system comprises at least one server computer, and wherein the binding request comprises a selection of an on-demand identity product;

providing, by the on-demand product provision system, the on-demand identity product to the consumer prior to billing the consumer;

automatically determining after providing the on-demand identity product, by the on-demand product provision system, delayed-billing settings applicable to the binding request based at least in part on the selection, wherein the delayed-billing settings comprise consumer-authentication criteria and delivery-verification criteria;

after determining the delayed-billing settings, verifying, by the on-demand product provision system, an identity of the consumer based at least in part on personally identifying information of the consumer and the consumer-authentication criteria;

after determining the delayed-billing settings, verifying, by the on-demand product provision system, delivery of the on-demand identity product based on one or more product-delivery factors;

confirming, by the on-demand product provision system, that the consumer has been successfully authenticated and that the on-demand identity product was successfully delivered; and

billing, by the on-demand product provision system, the consumer for the on-demand identity product based on the confirmation.

2. The method of claim 1 , wherein the consumer authentication criteria require that at least a portion of the personally identifying information be verified as correct prior to billing.

3. The method of claim 1 , wherein the consumer authentication criteria require that the consumer be authenticated as owner of a set of personally identifying information prior to billing.

4. The method of claim 1 , wherein:

the verifying of delivery comprises evaluating the one or more product-delivery factors.

5. The method of claim 1 , wherein the one or more product-delivery factors are varied depending on whether the on-demand identity product is a credit product or a non-credit product.

6. The method of claim 1 , wherein the on-demand identity product comprises a credit product.

7. The method of claim 6 , wherein the one or more product-delivery factors require receipt of an acknowledgement from at least one credit bureau prior to billing.

8. The method of claim 1 , wherein the on-demand identity product comprises a non-credit product.

9. The method of claim 8 , wherein the one or more product-delivery factors require that the consumer be successfully added to receive a service prior to billing.

10. The method of claim 1 , wherein the billing comprises authorizing a third party to charge the consumer.

11. An on-demand product provision system comprising:

at least one server computer, wherein the at least one server computer is operable to perform a method comprising:

receiving a binding request from a consumer, wherein the binding request comprises a selection of an on-demand identity product;

providing the on-demand identity product to the consumer prior to billing the consumer;

automatically determining after providing the on-demand identity product delayed-billing settings applicable to the binding request based at least in part on the selection, wherein the delayed-billing settings comprise consumer-authentication criteria and delivery-verification criteria;

after determining the delayed-billing settings, verifying an identity of the consumer based at least in part on personally identifying information of the consumer and the consumer-authentication criteria;

after determining the delayed-billing settings, verifying delivery of the on-demand identity product based on one or more product-delivery factors;

confirming that the consumer has been successfully authenticated and that the on-demand identity product was successfully delivered; and

billing the consumer for the on-demand identity product based on the confirmation.

12. The identity-product provision system of claim 11 , wherein:

the verifying of delivery comprises evaluating the one or more product-delivery factors.

13. The identity-product provision system of claim 11 , wherein the one or more product-delivery factors are varied depending on whether the on-demand identity product is a credit product or a non-credit product.

14. A computer-program product comprising a non-transitory computer-usable medium having computer-readable program code embodied therein, the computer-readable program code adapted to be executed to implement a method comprising:

receiving a binding request from a consumer, wherein the binding request comprises a selection of an on-demand identity product;

providing the on-demand identity product to the consumer prior to billing the consumer;

automatically determining after providing the on-demand identity product delayed-billing settings applicable to the binding request based at least in part on the selection, wherein the delayed-billing settings comprise consumer-authentication criteria and delivery-verification criteria;

after determining the delayed-billing settings, verifying an identity of the consumer based at least in part on personally identifying information of the consumer and the consumer-authentication criteria;

after determining the delayed-billing settings, verifying delivery of the on-demand identity product based on one or more product-delivery factors;

confirming that the consumer has been successfully authenticated and that the on-demand identity product was successfully delivered; and

billing the consumer for the on-demand identity product based on the confirmation.