Abstract: A method of conducting an online transaction, said method including the steps of providing a transaction manager, registering a user with the transaction manager, registering a merchant with the transaction manager, the user requesting a unique transaction identifier from the transaction manager to cover the purchase, the transaction manager providing the user with a unique transaction identification, the user requesting the merchant for a transaction to purchase a product or service, the user providing the transaction identification to the merchant, the merchant providing the transaction identification to the transaction manager, the transaction manager validating the transaction identification, the transaction manager providing the merchant with a unique transaction number if the transaction identification is valid, and the transaction manager depositing payment into the merchant's financial institution account.

Abstract: Electronic Credit Card (ECC) is an electronic device that enables transmission/reception of data and/or digital information to/from a host computer via a Terminal Station (TS). TS includes Teller Machines in supermarkets/shopping complex, Automatic Teller Machines (ATM), EFTPOS devices and proprietary transceiver devices developed by Creative On-Line Technologies Limited for PC interface. It provides latest financial information including balances on its display unit. Keypads (1) enable PIN (personal identification number) entries so that an ECC is operational. Information Display Unit (2) including an LCD (liquid crystal display) screen or other display screens provides visual information. ENTER key (3) confirms a transaction. It is also used to activate an ECC when a PIN is keyed. Audio Transducer (4) confirms entries made on keypads (1). Audio Transducer is also used to activate a financial transaction via a telephone.

Abstract: Electronic Credit Card (ECC) is an electronic device that enables transmission/reception of data and/or digital information to/from a host computer via a Terminal Station (TS). TS includes Teller Machines in supermarkets/shopping complex, Automatic Teller Machines (ATM), EFTPOS devices and proprietary transceiver devices developed by Creative On-Line Technologies Limited for PC interface. It provides latest financial information including balances on its display unit. Keypads (1) enable PIN (personal identification number) entries so that an ECC is operational. Information Display Unit (2) including an LCD (liquid crystal display) screen or other display screens provides visual information. ENTER key (3) confirms a transaction. It is also used to activate an ECC when a PIN is keyed. Audio Transducer (4) confirms entries made on keypads (1). Audio Transducer is also used to activate a financial transaction via a telephone.

Abstract: ZIPFUND (2) is a secure Electronic Funds Transfer system that enables consumers and businesses to transact funds online without fear of fraud and hackers penetrations. ZIFFUND (2) is accessed by a User (6) via the Internet (4). Users must have an account with ZIPFUND (2) to use the facility, and approve ZIPFUND's (2) access to their financial information. E-commerce Merchants (3) must also be registered with ZIPFUND (2) to use the facility. The Merchants (3) are required to obtain ZIPFUND's (2) transaction identifier (11) from customers for confirmed purchases. These transaction identifiers (11) are verified by ZIPFUND (2) in order to secure payments from Financial institutions (1). ZIPFUND (2) provides an approved transaction number (17) to the E-commerce merchants (3) for all successful transactions submitted by them via a secure network. ZIPFUND (2) supports all accounts including credit, debit, cheque, savings or ZIPFUND's (2) Internal Financial Account (IFA).