Methods of processing payment in an electronic commercial transaction and a payment consolidator therefor

摘要

A method of processing payment in an electronic commercial transaction between a buyer and a seller comprises receiving payment from the buyer according to a first payment method pre-selected by the buyer, and making payment to the seller according to a second payment method pre-selected by the seller. The first payment method pre-selected by the buyer and the second payment method pre-selected by the seller are different from each other. Another method of making payment to a seller in an electronic commercial transaction comprises paying the seller according to a first payment method when the amount of the transaction is less than a predetermined amount, and paying the seller according to a second payment method which is different from the first payment method when the amount of the transaction is greater than the predetermined amount. The first and second payment methods may be pre-selected by the seller.