{"schema_version":"1.0","canonical_url":"https://patentable.app/patents/US-8543495","patent":{"patent_number":"US-8543495","title":"Online electronic transaction and funds transfer method and system","assignee":null,"inventors":[],"filing_date":"2000-09-22T00:00:00.000Z","publication_date":"2013-09-24T00:00:00.000Z","cpc_codes":["G06Q","G06Q","G06Q","G06Q","G06Q","G06Q"],"num_claims":17,"abstract":"Existing e-commerce is carried out largely using credit card charges, which are expensive in terms of transaction charges and not particularly secure. The present invention provides an online funds transfer system which avoids transmitting sensitive information over the Internet, and utilizes the security and simplicity of the ACH system, and the benefits of pre-approved payment and debit systems. It does this by using the bank Automated Clearing House system through Pre-approved Debits and payment distributions."},"analysis":{"summary":null,"layman_explanation":null,"technical_analysis":null,"business_analysis":null,"faqs":null,"topics":[],"tech_cluster":null},"seo":{"title":"Online electronic transaction and funds transfer method and system","description":"Existing e-commerce is carried out largely using credit card charges, which are expensive in terms of transaction charges and not particularly secure. The present invention provides an online funds tr","keywords":[]},"attribution":{"source":"Patentable","source_url":"https://patentable.app","canonical_url":"https://patentable.app/patents/US-8543495","license":"CC-BY-4.0-like","license_terms":"AI-generated analysis on this page (summary, layman_explanation, technical_analysis, business_analysis, faqs) may be reused with attribution and a visible link back to the canonical URL above. Patent abstracts, claims, and bibliographic data are USPTO public domain.","required_link":"https://patentable.app/patents/US-8543495","citation_suggestion":"Patentable. \"Online electronic transaction and funds transfer method and system\" (US-8543495). https://patentable.app/patents/US-8543495","copyright_holder":"Nomic Interactive Technology LLC"},"links":{"html":"https://patentable.app/patents/US-8543495","json":"https://patentable.app/api/llm-context/US-8543495","site":"https://patentable.app","llms_txt":"https://patentable.app/llms.txt"},"generated_at":"2026-05-31T05:39:42.339Z"}