WO2001003043A1 - On-line interactive system and method for transacting business - Google Patents
On-line interactive system and method for transacting business Download PDFInfo
- Publication number
- WO2001003043A1 WO2001003043A1 PCT/US2000/018456 US0018456W WO0103043A1 WO 2001003043 A1 WO2001003043 A1 WO 2001003043A1 US 0018456 W US0018456 W US 0018456W WO 0103043 A1 WO0103043 A1 WO 0103043A1
- Authority
- WO
- WIPO (PCT)
- Prior art keywords
- buyer
- financial institution
- shipper
- request
- information
- Prior art date
Links
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Classifications
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- G—PHYSICS
- G06—COMPUTING; CALCULATING OR COUNTING
- G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
- G06Q30/00—Commerce
- G06Q30/06—Buying, selling or leasing transactions
-
- G—PHYSICS
- G06—COMPUTING; CALCULATING OR COUNTING
- G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
- G06Q10/00—Administration; Management
- G06Q10/08—Logistics, e.g. warehousing, loading or distribution; Inventory or stock management
-
- G—PHYSICS
- G06—COMPUTING; CALCULATING OR COUNTING
- G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
- G06Q20/00—Payment architectures, schemes or protocols
- G06Q20/08—Payment architectures
- G06Q20/10—Payment architectures specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
-
- G—PHYSICS
- G06—COMPUTING; CALCULATING OR COUNTING
- G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
- G06Q30/00—Commerce
- G06Q30/02—Marketing; Price estimation or determination; Fundraising
- G06Q30/0241—Advertisements
-
- G—PHYSICS
- G06—COMPUTING; CALCULATING OR COUNTING
- G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
- G06Q30/00—Commerce
- G06Q30/04—Billing or invoicing
-
- G—PHYSICS
- G06—COMPUTING; CALCULATING OR COUNTING
- G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
- G06Q30/00—Commerce
- G06Q30/06—Buying, selling or leasing transactions
- G06Q30/0601—Electronic shopping [e-shopping]
- G06Q30/0611—Request for offers or quotes
-
- G—PHYSICS
- G06—COMPUTING; CALCULATING OR COUNTING
- G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
- G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
-
- G—PHYSICS
- G06—COMPUTING; CALCULATING OR COUNTING
- G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
- G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
- G06Q40/04—Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
-
- G06Q50/60—
Definitions
- FIGURE 6 illustrates a web page that the buyer and/or seller may encounter in attempting to access an interactive database in accordance with an exemplary embodiment of the present invention
- a worldwide membership application having a profile for a buyer and or seller is submitted (step 301).
- the profile may include the buyer and/or seller's credit information, system users (e.g., names of users, levels of security, and persons/entities having access such as controllers, salespersons, buyers, and/or shipping/receiving persons), business references/contacts (e.g., preferred buyers and/or sellers, buyer's custom purchase order), Hazard Analysis and Critical Control Point (HAACP) Compliance Certificate in accordance with Federal Drug Administration (FDA) regulations, third party site inspection information, terms and conditions of membership (e.g., information regarding a designated bank, line of credit, amount/percentage of inventory for posting, using Certified Insured Freight (OF)), and fee structure and payment type (e.g., annual fee, percentage of transaction, etc.), among other things.
- system users e.g., names of users, levels of security, and persons/entities having access such as controllers, salespersons, buyers, and/or shipping/recei
- the present invention may support multiple buyers, sellers, financial institutions, and/or various other parties, but is most often illustrated herein by one buyer and one seller for simplicity.
- a buyer or other party
- the party's profile e.g., credit, funds, other financial information, etc.
- one embodiment of the method in FIGURE 4 may be implemented in the context of a buyer and a seller in the perishable food industry such as the seafood industry, for example.
- exemplary information will be discussed in the context of the seafood industry, but is not limited as such.
- the buyer and/or the seller access interactive database 213 (step 401).
- notifying at least one of the buyer, the seller, or the shipper may also include specifying pickup and delivery terms for the shipper (e.g., product, seller's address, packaging, buyer's information such as address and/or drop shipment points, and the like); confirming purchase terms for the buyer and/or seller (e.g., product, cost, projected shipment date, etc.); and notifying the inspector for CIF to inspect the product to be shipped.
- the shipper may include a major transporter for air, sea, and/or land (e.g., Federal ExpressTM and/or United Parcel ServiceTM), so that more efficient worldwide transport of the product may be available. Further, the shipper may provide CIF to help insure a quality product to the buyer.
- a system 1101 illustrates an exemplary transaction between a seller 1103 and a buyer 1105 using an interactive database 1107 in accordance with an exemplary embodiment of the present invention.
- the buyer and/or seller may be from various countries worldwide, and additionally, there may be one or more buyers, sellers, and/or other parties/entities involved in various transactions.
- Different aspects of the transaction between seller 1103 and buyer 1105 are illustrated in various method steps.
- Seller 1103 posts inventory by inputting information into interactive database 1107, where interactive database 1107 may be part of an extranet (step 1121), as described above.
- Buyer 1105 selects and submits a request to purchase one or more products via interactive database 1107 (step 1122).
- step 1123 If clearinghouse 1109 approves the prospective purchase, a hold may be placed on buyer's 1105 funds in buyer's bank (e.g., a Mexican bank, for example) in step 1124. Alternatively, if clearinghouse 1109 rejects buyer's 1105 prospective purchase, then the locked- out inventory is released. Once the locked-out inventory is released, other buyers/parties may select and/or purchase the specified inventory.
- Seller 1103 ships the product(s) via shipper 1108 to buyer 1105 (step 1125). Buyer 1105 accepts the product(s) (e.g., accepts the delivery and/or signs for the delivery) in step 1126.
- clearinghouse 1109 directs bank 1113 to obtain the money from buyer's bank in Mexico and directs bank 1115 to make payment to the seller 1103 in the seller's country of origin (e.g., USA).
- bank 1111 pays interactive database 1107 and shipper 1108 in order to complete the transaction (step 1128).
- System 1101 is alternatively illustrated in a process flow diagram 1201 in FIGURE 12 in accordance with an exemplary embodiment of the present invention.
- Process flow diagram 1201 illustrates various parties on the x-axis and time/sequence on the y-axis, where the various arrows correlate to the method steps of FIGURE 11.
- the present invention allows for substantially real-time exchange of information between parties.
Abstract
Description
Claims
Priority Applications (6)
Application Number | Priority Date | Filing Date | Title |
---|---|---|---|
KR1020027000090A KR20020026521A (en) | 1999-07-06 | 2000-07-06 | On-line interactive system and method for transacting business |
JP2001508759A JP2003504734A (en) | 1999-07-06 | 2000-07-06 | Online interactive system and method for trading |
CA002378036A CA2378036A1 (en) | 1999-07-06 | 2000-07-06 | On-line interactive system and method for transacting business |
AU60721/00A AU761324B2 (en) | 1999-07-06 | 2000-07-06 | On-line interactive system and method for transacting business |
EP00947053A EP1200920A4 (en) | 1999-07-06 | 2000-07-06 | On-line interactive system and method for transacting business |
MXPA01013320A MXPA01013320A (en) | 1999-07-06 | 2000-07-06 | On-line interactive system and method for transacting business. |
Applications Claiming Priority (2)
Application Number | Priority Date | Filing Date | Title |
---|---|---|---|
US14235999P | 1999-07-06 | 1999-07-06 | |
US60/142,359 | 1999-07-06 |
Publications (1)
Publication Number | Publication Date |
---|---|
WO2001003043A1 true WO2001003043A1 (en) | 2001-01-11 |
Family
ID=22499545
Family Applications (1)
Application Number | Title | Priority Date | Filing Date |
---|---|---|---|
PCT/US2000/018456 WO2001003043A1 (en) | 1999-07-06 | 2000-07-06 | On-line interactive system and method for transacting business |
Country Status (10)
Country | Link |
---|---|
US (2) | US7249078B2 (en) |
EP (1) | EP1200920A4 (en) |
JP (1) | JP2003504734A (en) |
KR (1) | KR20020026521A (en) |
CN (1) | CN1360703A (en) |
AU (1) | AU761324B2 (en) |
CA (1) | CA2378036A1 (en) |
MX (1) | MXPA01013320A (en) |
RU (1) | RU2222826C2 (en) |
WO (1) | WO2001003043A1 (en) |
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- 2000-07-06 EP EP00947053A patent/EP1200920A4/en not_active Withdrawn
- 2000-07-06 RU RU2002102556/09A patent/RU2222826C2/en not_active IP Right Cessation
- 2000-07-06 WO PCT/US2000/018456 patent/WO2001003043A1/en not_active Application Discontinuation
- 2000-07-06 CN CN00809975A patent/CN1360703A/en active Pending
- 2000-07-06 KR KR1020027000090A patent/KR20020026521A/en not_active Application Discontinuation
- 2000-07-06 CA CA002378036A patent/CA2378036A1/en not_active Abandoned
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Cited By (18)
Publication number | Priority date | Publication date | Assignee | Title |
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WO2001055810A2 (en) * | 2000-01-25 | 2001-08-02 | Metcalfe Alan M | Electronic activity and business system and method |
WO2001055810A3 (en) * | 2000-01-25 | 2002-03-14 | Alan M Metcalfe | Electronic activity and business system and method |
US7233915B2 (en) | 2000-01-25 | 2007-06-19 | Alan Metcalfe | Electronic activity and business system and method |
US7496529B2 (en) | 2000-01-25 | 2009-02-24 | Alan Metcalfe | Electronic activity and business system and method |
SG99882A1 (en) * | 2001-02-02 | 2003-11-27 | Vchain Corp Ltd | Procurement engine |
JP2002236729A (en) * | 2001-02-13 | 2002-08-23 | Roisu.Com Kk | Physical distribution management system |
CN100350397C (en) * | 2001-08-27 | 2007-11-21 | 美国联合包装服务有限公司 | International cash-on-delivery system and method |
US8781857B2 (en) | 2003-09-19 | 2014-07-15 | Tag, Llc | Method for competitive prescription drug and/or bidding service provider selection |
WO2014165592A1 (en) * | 2013-04-04 | 2014-10-09 | Freightquote.Com, Inc. | Computer program, method, and system for managing shipment information |
US11100549B2 (en) | 2013-04-04 | 2021-08-24 | Freightview, Inc. | Method and system for managing shipment information |
CN103809517A (en) * | 2014-02-21 | 2014-05-21 | 深圳市大族激光科技股份有限公司 | Control system of numerically-controlled machine tool and encryption method thereof |
CN103809517B (en) * | 2014-02-21 | 2016-08-24 | 大族激光科技产业集团股份有限公司 | The control system of Digit Control Machine Tool and encryption method thereof |
US20170017962A1 (en) | 2015-07-13 | 2017-01-19 | Mastercard International Incorporated | System and method of managing data injection into an executing data processing system |
US10580006B2 (en) | 2015-07-13 | 2020-03-03 | Mastercard International Incorporated | System and method of managing data injection into an executing data processing system |
WO2017015007A1 (en) | 2015-07-17 | 2017-01-26 | Mastercard Internationl Incorporated | Systems and methods for establishing message routing paths through a computer network |
US10423937B2 (en) | 2015-07-17 | 2019-09-24 | Mastercard International Incorporated | Systems and methods for establishing message routing paths through a computer network |
US11763276B2 (en) | 2015-07-17 | 2023-09-19 | Mastercard International Incorporated | Systems and methods for establishing message routing paths through a computer network |
WO2017101001A1 (en) * | 2015-12-15 | 2017-06-22 | 深圳市银信网银科技有限公司 | Data exchange processing method, server, terminal device, and online transaction method |
Also Published As
Publication number | Publication date |
---|---|
AU761324B2 (en) | 2003-06-05 |
US7389259B2 (en) | 2008-06-17 |
EP1200920A4 (en) | 2004-05-06 |
KR20020026521A (en) | 2002-04-10 |
US7249078B2 (en) | 2007-07-24 |
EP1200920A1 (en) | 2002-05-02 |
RU2222826C2 (en) | 2004-01-27 |
MXPA01013320A (en) | 2002-07-09 |
US20050171862A1 (en) | 2005-08-04 |
AU6072100A (en) | 2001-01-22 |
JP2003504734A (en) | 2003-02-04 |
US20070214059A1 (en) | 2007-09-13 |
CA2378036A1 (en) | 2001-01-11 |
CN1360703A (en) | 2002-07-24 |
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