Systems and methods for executing a transaction via a locker

US11620866B1 · kind B1 · utility

Assignee

• Wells Fargo Bank, N.A. · US

Inventors

• Darren M. Goetz · Salinas, US
• Chris Kalaboukis · Los Gatos, US
• Lisa R. Magana · San Francisco, US
• Andrew L. Martinez · San Francisco, US
• Uma Meyyappan · Fremont, US
• Dennis E. Montenegro · Concord, US
• Marla M. Pacis · Daly City, US
• Timothy R. Ward · Mesa, US

Key dates

• Filing date: Oct 10, 2018
• Grant date: Apr 4, 2023
• Expiry date: Apr 18, 2039

Classification

• Technology area (CPC G): Physics
• CPC primary: G06V20/00
• WIPO field: Control
• WIPO sector: Instruments

Abstract

Disclosed herein are systems and methods for executing a transaction via a locker. A seller is provided initial access to the locker to deposit a good in the locker. The seller deposits the good in the locker. Following the seller depositing the good in the locker, the seller's access is revoked, and the buyer is provided access to the locker. The buyer may then arrive at the locker and provide authentication information to an authentication device. When the buyer is authenticated, the locker door (with the good inside the locker) is unlocked. The buyer can then inspect and accept the good. When the good is accepted, funds may be transferred from an account associated with the buyer to an account associated with the seller.