ALEXANDRIA, Va., March 19 -- United States Patent no. 12,254,499, issued on March 18.
"Online marketplace with seller financing" was invented by Mark V. Dziuk (Napa, Calif.).
According to the abstract* released by the U.S. Patent & Trademark Office: "An online marketplace system generates an online marketplace for seller-financed transactions. The system includes a plurality of listings of transaction offerings that are available. The transaction offerings are listed by a plurality of users and are from a plurality of different categories of products and services. The transaction offerings include a plurality of transaction terms, including payment and seller-financing terms. A transaction engine facilitates the negotiation of transaction...