Method and system to automate payment for a commerce transaction

Abstract

A method and system to automate payment for a commerce transaction is provided. Payment information related in part to a first electronic payment account associated with a first party and including information related to a second electronic payment account associated with a second party is received at a network-based commerce system. A request to complete a network-based commerce transaction upon occurrence of a termination event at the network-based commerce system is received. Payment information is automatically sent to the network-based payment system upon the occurrence of the termination event based on the first party being a registered and approved buyer with the network-based payment system, the sending of the payment information causing transfer of funds at the network-based payment system from the first electronic payment account to the second electronic payment account.

1 . (canceled) 
     
     
         2 . A method comprising:
 receiving, at a network-based commerce system by use of a data processor, payment information related in part to a first electronic payment account associated with a first party, the payment information including information related to a second electronic payment account associated with a second party;   receiving, at the network-based commerce system by use of the data processor, a request to complete a network-based commerce transaction upon occurrence of a termination event at the network-based commerce system, the termination event and a particular corresponding to the network-based commerce transaction;   determining that the first party is a registered and approved buyer with the network-based payment system; and   automatically sending, by use of the data processor, the payment information to the network-based payment system in a data network communication upon the occurrence of the termination event, based on the first party being a registered and approved buyer with the network-based payment system, the sending of the payment information causing a transfer of funds at the network-based payment system from the first electronic payment account to the second electronic payment account.   
     
     
         3 . The method of  claim 2 , further comprising enabling the first party to disable the automatic sending of the payment information, edit the payment information, and edit a shipping address. 
     
     
         4 . The method of  claim 2 , wherein the network-based commerce transaction is one or more of a network-based auction, a fixed-price sale of an item from a private individual, a fixed-price sale of an item from an network-based store, and an on-line barter transaction, 
     
     
         5 . The method of  claim 2 , wherein the payment information is selected from a group including a credit card number, a checking account number, a shipping address and an e-mail address. 
     
     
         6 . The method of  claim 2 , further comprising enabling the second party to disable the automatic sending of the payment information. 
     
     
         7 . The method of  claim 2 , further comprising receiving the payment information prior to the termination event. 
     
     
         8 . The method of  claim 2 , further comprising storing the payment information for future network-based commerce transactions. 
     
     
         9 . The method of  claim 2 , further comprising providing the first party an option to always use the payment information for future network-based commerce transactions. 
     
     
         10 . A system comprising:
 a marketplace machine configured to receive data from a data network and to send data to the data network, the marketplace machine comprising:
 a data processor having access to the data network, 
 a database engine server, and 
 an automatic payment service module; 
   wherein the marketplace machine to receive payment information related in part to a first electronic payment account associated with a first party, the payment information including information related to a second electronic payment account associated with a second party, the marketplace machine further to receive a request to complete a network-based commerce transaction upon occurrence of a termination event at a network-based commerce system, the termination event and a particular listing corresponding to the network-based commerce transaction, the marketplace machine further to determine that the first party is a registered and approved buyer with the network-based payment system, and the marketplace machine further to automatically send the payment information to a network-based payment system in a data network communication upon the occurrence of the termination event, based on the first party being a registered and approved buyer with the network-based payment system, the sending of the payment information causing a transfer of funds at the network-based payment system from the first electronic payment account to the second electronic payment account.   
     
     
         11 . The system of  claim 10 , further configured to enable the first party to disable the automatic sending of the payment information, edit the payment information, and edit a shipping address. 
     
     
         12 . The system of  claim 10 , wherein the network-based commerce transaction is one or more of a network-based auction, a fixed-price sale of an item from a private individual, a fixed-price sate of an item from an network-based store, and an on-line barter transaction. 
     
     
         13 . The system of  claim 10 , wherein the payment information is selected from a group including a credit card number, a checking account number, a shipping address and an e-mail address. 
     
     
         14 . The system of  claim 10 , wherein the marketplace machine is configured to enable the second party to disable the automatic sending of the payment information. 
     
     
         15 . The system of  claim 10 , wherein the marketplace machine is configured to receive the payment information prior to the termination event. 
     
     
         16 . The system of  claim 10 , wherein the database engine server saves payment information for future network-based commerce transactions. 
     
     
         17 . The system of  claim 10 , wherein the marketplace machine provides the first party an option to always use the payment information for future network-based commerce transactions 
     
     
         18 . A non-transitory machine-readable storage medium for storing a sequence of instructions that, when executed by a machine, cause the machine to:
 receive, at a network-based commerce system, payment information related in part to a first electronic payment account associated with a first party, the payment information including information related to a second electronic payment account associated with a second party;   receive, at the network-based commerce system, a request to complete a network-based commerce transaction upon occurrence of a termination event at the network-based commerce system, the termination event and a particular listing corresponding to the network-based commerce transaction;   determine that the first party is a registered and approved buyer with the network-based payment system; and   automatically send the payment information to the network-based payment system in a data network communication upon the occurrence of the termination event, based on the first party being a registered and approved buyer with the network-based payment system, the sending of the payment information causing a transfer of funds at the network-based payment system from the first electronic payment account to the second electronic payment account.   
     
     
         19 . The non-transitory machine-readable storage medium of  claim 18 , wherein the sequence of instructions being further configured to cause the machine to enable the first party to disable the automatic sending of the payment information, edit the payment information, and edit a shipping address. 
     
     
         20 . The non-transitory machine-readable storage medium of  claim 18 , wherein the network-based commerce transaction is one or more of a network-based auction, a fixed-price sale of an item from a private individual, a fixed-price sale of an item from an network-based store, and an on-line barter transaction; and wherein the payment information is selected from a group including a credit card number, a checking account number, a shipping address and an e-mail address. 
     
     
         21 . The non-transitory machine-readable storage medium of  claim 18 , wherein the sequence of instructions being further configured to cause the machine to:
 enable the second party to disable the automatic sending of the payment information; and receive the payment information prior to the termination event.