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
Resource compatability for data centers
Satellite fleet deployment
Managing method and apparatus for servicing contents provided by content provider
Communication system and data transmission method thereof
Second order correction circuit and method for bandgap voltage reference
Method and apparatus for complementing an instrument panel by utilizing augmented reality
System and method for the analysis of biodiesel
  Randomly Featured Patents
Spindle speed control using feed-forward estimation in a hard disk drive
Gas purification apparatus and method
Multi-purpose scan device using the same power source
Receptor-mediated gene delivery using bacteriophage vectors
Shift lever lock device for vehicular automatic transmission
Ball stacking game system
Device for lifting sliding molds along steel bars for the construction of concrete buildings and the like
Air blow functionality for disc sander
Apparatus and method of local oscillator leakage cancellation
Method and apparatus for characterization of aerosols