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
Techniques for processor/memory co-exploration at multiple abstraction levels
Preparation method of dihydroindene amide compounds, their pharmaceutical compositions containing compounds thereof and use as protein kinases inhibitor
Horizontal tanning bed
Semi trailer under-run protection device
Integrated circuit having a bus network, and method for the integrated circuit
Transparent, highly heat-resistant polyimide precursor and photosensitive polyimide composition thereof
Solar cell with structured gridline endpoints vertices
  Randomly Featured Patents
Collapsible magnetic antenna mount
Sealing device
Apparatus for producing reinforced elongate bodies
Adhesive composition and composite made therewith
Process for the production of pig iron
Parabolic trough solar collector for fluid heating and photovoltaic cells
Asymmetrical check valve
Golf club head with variable face thickness
Triazolo compounds useful as DGAT1 inhibitors
Hybrid mode waveguide or feedhorn antenna