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
Electric rotating machine for vehicle
Methods and apparatus for preserving privacy in an RFID system
Novelty headband
Particulate filter with hydrogen sulphide block function
Pixel structure of a solid-state image sensor employing a charge sorting method
  Randomly Featured Patents
Riser annulus flow meter and method
Disk cartridge, a method of manufacturing same, and a recording/reproducing system
Model aircraft engine with exhaust control mechanism
Intake-air system of V-type engine
Cement compositions and associated methods comprising sub-micron calcium carbonate and latex
Device for detecting an overlapping edge of material on a sewing machine
MEMS switch
Roadrunner wind vane
System and method of using extensions in a data structure without interfering with applications unaware of the extensions
Bag for mother's milk