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Method & Apparatus to Partially Encrypt the Electronic Delivery Music/Books Until Payment is Fully Processed

IP.com Disclosure Number: IPCOM000246065D
Publication Date: 2016-May-02
Document File: 4 page(s) / 51K

Publishing Venue

The IP.com Prior Art Database

Abstract

Disclosed is a method and apparatus to define a process to encrypt all or part of a soft goods (e.g., electronic-books, magazines, music albums, movies, etc.) product on an e-commerce transaction when payment cannot be fully processed at the time of the shopping operation. This method focuses on encrypting part of the product, except for the first part (or the one selected by the seller) and providing the key to decrypt it only when the transaction is complete.

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Method & Apparatus to Partially Encrypt the Electronic Delivery Music/Books Until Payment is Fully Processed

The worldwide expansion of the Internet has contributed to the transformation of trade and store transactions. A large percentage of internet users purchase products or

goods online.

E-commerce also makes use of regular technological maintenance to ensure the smooth functioning of online store sites, monetary transactions, as well as everything to do with providing and delivering products. One example is digital payments, which are

closely connected to e-commerce. Alternative payment methods such as digital wallets

or online payment providers have seen increased adoption rates and rapid growth in the past few years.

A problem with these methods is that payment providers are usually external to the

e-commerce application. Even if the payment providers are internal, it is common for a user that is attempting to submit a payment for a product to find that site is busy, is having performance issues that prevent payment processing, or is experiencing a normal, but long, wait time for the bank policies to complete the transaction. These delays cause seller to lose the potential buyer who might purchase the product from another website, or even lose interest in the product altogether.

Users can buy electronic-books, magazines, music, and movies on the Internet. The user simply downloads the goods to a device. This fact opens the door to new and novel sales strategies and tactics and allows for a divergence from the existing practice of asking the buyer for credit card information and a successful payment transaction in order to complete the transaction.

For example, suppose a merchant sells a music album to a [new] buyer who had paid for it using a credit card. In the tangible goods world, it is imperative to verify that there are real funds behind the credit number before handing/shipping the disc to the client. However, in the soft-good business, this is not necessarily required, as in this scenario, the seller is not delivering a physical package. A different approach can be applied to

partially deliver the goods while maintaining some insur...