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Tuesday, October 6, 2009

transaction model

Open market transaction model

1. Request price and purchase information (consumer – content server)

2. Send price and purchase information (content server – consumer)

3. Begin transaction with the specified transaction server ( consumer-transaction server)

4. Send consumer transaction information to authorization entity and request authorization ( transaction server-financial processing network)

5. Respond with authorization [denied or allowed] (financial processing network-transaction server)

6. Send sales confirmation on confirmed transaction(transaction server-consumer)

7. Request product with confirmation from transaction server(content consumer-server)

8. Deliver product to consumer(content server-consumer)

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