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
Display for gloves
Dye sensitised solar cell
Hand-held electronic display device
Xylitol-based anti-mucosal compositions and related methods and compositions
Clostridium chauvoei polypeptide, DNA encoding the polypeptide and a vaccine comprising the polypeptide
Mobile terminal based on W-CDMA system having receive diversity function and system thereof
Pattern generation method and pattern generation program
  Randomly Featured Patents
Method and system for calibrating wireless location systems
Immunoassay of thyroxine in neonates using dried blood samples
Angled squeegee system for screen printing onto a substrate
Optical fiber measuring device using phase difference
Trip indicators for circuit protection devices
Method for adjusting the center frequency of a phase locked loop
Bearing having a divided housing for stabilizing in motor vehicle
Bicycle pedal assembly
Position privacy in an electronic device
Master cylinders for dual hydraulic braking systems