ALTERNATIVE PAYMENT METHOD FOR ONLINE TRANSACTIONS USING INTERACTIVE VOICE RESPONSE

摘要

A method for performing payments in remote transactions between a buyer and a vendor is provided. The method includes receiving buyer information from a vendor's network outlet when the buyer indicates a desire to purchase a selection at a later time through an Interactive Voice Response (IVR) center; providing a token to the buyer; receiving information about the token from the buyer through the IVR center; verifying the information about the token; transferring funds from a buyer account to a vendor account. Also provided is a system for processing payments in remote transactions including an IVR center to: receive a request for token from a buyer to purchase products from a vendor, and to receive information about the product; provide the token to the buyer; access a database, the database including information from vendor's and buyer's accounts; transfer funds from buyer's account to vendor's account upon buyer confirmation.

主权项

1. A method comprising:
receiving, by a computer system of a service provider, information about a product selected by a buyer for purchasing at a later time, the product being offered by a vendor; in response to the receiving, generating, by the computer system of the service provider, a first token that identifies the product, the first token having an expiration time that is correlated with a price of the product; and transmitting, by the computer system of the service provider, the first token to a communication device of the buyer.