Patent attributes
Computer-implemented methods and systems for processing of online payment transactions are provided. An example method comprises registering a merchant with a payment service to create a merchant account and registering a user with the payment service to create a user account. The merchant can registers an entitlement with the payment service to receive a payment service entitlement identifier. A payment request associated with the entitlement is received from a user. The payment request includes the entitlement identifier associated with the payment service or with the merchant and a payment amount. A database is queried to validate the entitlement identifier and a price and, upon successful validation, the user account is credited with purchasing the entitlement, and the payment amount is transferred from the user account to the merchant account.