Browse Prior Art Database

Electronic Commerce Business Model

IP.com Disclosure Number: IPCOM000033497D
Original Publication Date: 2004-Dec-13
Included in the Prior Art Database: 2004-Dec-13

Publishing Venue

IBM

Abstract

Today more or more companies are using electronic funds which have lead to businesses offering direct deposit and direct debit to any users. All users have always faced the issues of fraud and theft but now they have the real issue of the debit charges being: wrong, charged twice or even a larger than expect for people on a budget. Many e-commerce models allow notices if a event had occurred, but most do not account for auto adjusting events and adjustments.