Patent · US Active

Methods of returning merchandise purchased by a customer from a vendor, computer implemented methods performed by a vendor, and return of merchandise processing apparatuses

US7904391B2 · kind B2 · utility

4Cited by
8References
16Claims
0Family size

Assignee

Inventors

Key dates

Filing dateOct 24, 2002
Grant dateMar 8, 2011
Priority date
Expiry dateMar 17, 2028

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q20/10
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A currency distribution system and method. In accordance with the invention, a first transaction is facilitated by which currency is transferred electronically between a first entity and a second entity, and whereby a first balance of currency is maintained by said second entity. A second transaction is facilitated by which at least a portion of the first balance of currency is transferred electronically between the second entity and a third entity. In particular, the second transaction is facilitated by a processor that includes code for ascertaining data with respect to the third entity, the data pertaining to goods or services unrelated to the currency, and providing a qualification in response thereto. A second processor included for enabling the second transaction in response to the qualification. A database is employed and a query is made to determine the qualification for the second transaction. In an illustrative embodiment, the first entity is a postal service, the second entity is a vendor, and the third entity is a customer of the vendor. In the illustrative application, the currency is postage and the processor communicates the ability to print and utilize postage to th…

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.