초록 ▼

A system stores criteria specified by a funder relating to trade transactions for buyers and sellers. The system compares the criteria with a proposed purchase order to determine whether the system can generate a payment guarantee on behalf of the funder for the buyer to the seller. The system also

A system stores criteria specified by a funder relating to trade transactions for buyers and sellers. The system compares the criteria with a proposed purchase order to determine whether the system can generate a payment guarantee on behalf of the funder for the buyer to the seller. The system also compares subsequent documents relating to an original purchase order with the original purchase order to ensure that the terms of the purchase order are properly fulfilled. When the appropriate conditions for payment are met, the system issues a funds transfer instruction to transfer payment from the buyer to the seller.

대표청구항 ▼

[ What is claimed is:] [1.] A method of facilitating trade in goods and/or services, comprising the steps of:storing, in a data processing system, offer data representing an offer to trade goods or services including overt and hidden terms;transmitting, by means of the data processing system, overt

[ What is claimed is:] [1.] A method of facilitating trade in goods and/or services, comprising the steps of:storing, in a data processing system, offer data representing an offer to trade goods or services including overt and hidden terms;transmitting, by means of the data processing system, overt terms data representing the overt terms of the offer to trade to at least one party;inputting in the data processing system response data representing a response from the at least one party to the transmitted overt terms data; andcomparing, by means of the data processing system, the response data with the offer data representing the overt and hidden terms of the offer to produce term compliance data indicating whether the response data are in compliance with the overt and hidden terms of the offer;storing data indicative of the establishing a contract for said goods and/or services based on the term compliance data; andproducing payment guaranty data in the data processing system in response to the term compliance data, the payment guaranty data representing a payment guaranty to the seller for payment under the contract.