CHRISTOPHER F WOLF
Accountancy in Lexington, MA

2006004, Mar 2, 2006

Aug 31, 2005

11/217153

Eugene Pettinelli - Sudbury MA, US
Christopher Wolf - Lexington MA, US
Daniel Alexander - West Roxbury MA, US
Amir Hasson - Cambridge MA, US

United Villages, Inc. - Cambridge MA

H04M 15/00

379114010

A billing and payment method and system for networks incorporating long latency in their systems architectures is provided. As a result of this method and system, it is possible for customers and users to experience virtual real-time access to a network incorporating long latency in its systems architecture and for the network operator to incorporate operating procedures and controls and customer payment procedures and financial controls customarily available in real-time environments. In particular, the present invention is advantageous where reconciliation of accounts and verification of account balances cannot be done in short amounts of time due to high latency of the transmissions. Also, pre-paid and/or post-paid debit and/or credit cards can be used for purchases of goods and services in an environment whereby real-time verification of balances would not otherwise be possible. Examples of networks incorporating long latency in their systems architectures are those which rely on store-and-forward methods to physically deliver voicemail, email, internet access and other data.