摘要 |
The present invention is a system to process online monetary payments between end-users whose payments are dependent on conditional triggers involving future events, such as winning bids/offers in an auction or a trading exchange. In the system, bids and offers are backed by actual funds which are held in reserve, enabling instantaneous payments upon the close of an event. The system contains methods to be included in online auction and trading exchange software applications. These methods would allow end-users of online auctions and trading exchanges to send and receive payments directly to one another.
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