Resources Contact Us Home
Automated transaction processing system and approach

Image Number 5 for United States Patent #8060410.

Transaction management is facilitated using an approach involving the use of transaction characteristics to authenticate transaction information. According to an example embodiment, a computer processing system is programmed to process a shipment transaction involving a shipper and a carrier. The system is particularly suited to efficiently automate the payment of a shipment transaction and to efficiently provide access to relevant shipment information. The system includes a shipper processor that receives transaction document information such as purchase order information and assists in generating a bill of lading for the transaction. A shipper access terminal interfaces between the shipper processor and a central processor arrangement to control the quantity, quality, and timeliness of information transferred to the central processor arrangement. The central processor arrangement stores selective transaction information such as shipment information and generates reports regarding the transactions, with each transaction having particular information associated with it (e.g., shipper ID, carrier ID and other information). A carrier processor provides proof of delivery to the central processor arrangement. The central processor communicates with one or more financial institutions so that the carrier is paid and shipper billed for the relevant transaction.

  Recently Added Patents
Cathode active material and lithium secondary battery comprising the same
Noise spectrum tracking in noisy acoustical signals
Profiling activity through video surveillance
Engine RPM control device
Image forming apparatus and method for making density correction in a low resolution image based on edge determination
Electronic device and recording medium
Cordless hand blender
  Randomly Featured Patents
Repair device for restoring a damage dry wall board
Video telephone set
Cross-correlation apparatus and methods
Hand bag
Harmonica music holder and learning system
Firebox for vertical hearth barbecue grill
Herbal composition for Tinea infection
Process for producing maltooligosaccharide derivatives
Dichloroaniline compounds useful for method of therapy or prophylaxis of a disease associated with reversible airway obstruction
Method and system for automatically requesting, generating and maintaining ATM addresses