Process and product for enforcing purchase agreements

US6805290B2 · kind B2 · utility

Assignee

• Walker Digital, LLC · US

Inventors

• Jay S. Walker · Ridgefield, US
• Andrew S. Van Luchene · Norwalk, US
• Jose A. Suarez · Fairfield, US
• Magdalena M. Fincham · Ridgefield, US
• Dean P. Alderucci · Westport, US

Key dates

• Filing date: Mar 15, 2002
• Grant date: Oct 19, 2004
• Expiry date: Mar 15, 2022

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q30/02
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Systems and methods are provided for establishing online a buyer price for a first plurality of products. The buyer price being lower than a retail price of the first plurality of products, the first plurality of products to be picked up during a subsequent transaction at a retailer. Thereafter, a second plurality of products which the buyer has actually received during the subsequent transaction is determined. A penalty may be assessed if the first and second plurality of products do not correspond.