SYSTEM AND METHOD FOR PERFORMING INTERNET BASED PURCHASE TRANSACTIONS

摘要

A facilitator server (FS) (fig 8, item 800) is formed to facilitate product and service sale transactions in a new manner in which the facilitator participates in the transaction by assisting sellers find buyers, assisting buyers find sellers, and by funding the transaction in specified circumstances. Thus, the FS examines a buyer ID (fig 3, item 304) and determines whether the buyer is on an approved buyer's list or whether the buyer is on an approved buyer's list or whether the buyer meets requirements for receiving sufficient credit to fund the bill of sale. For those transactions in which the buyer is approved for credit and bill of sale, the facilitator issues payment to the product seller immediately and then collects from the buyer in the future. In the preferred embodiments, however, the FS issues credit and a bill of sale and issues a payment to the seller immediately. The FS can receive the requirements for a buyer to whom credit and a bill of sale is to be issued either from the facilitator or from the sellers by way of a terminal directly coupled to the server or by way of a communication network, (fig 1, item 124) respectively. The FS also is formed to generate chat rooms to enable buyers and sellers to negotiate the terms of a transaction and to enable buyers and sellers to negotiate the terms of a transaction and to enable buyers and sellers to advertise for response by others. Finally, the FS includes logic to enable the parties to engage in a transaction chat room anonymously until such a time the parties decide to identify themselves.