System and method for point of sale transaction logging
US9881289B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Jan 23, 2015 |
| Grant date | Jan 30, 2018 |
| Priority date | — |
| Expiry date | Mar 2, 2035 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG07G5/00
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
The present disclosure generally relates to a method and a hardware and software system for collecting data from retch point of sale. The hardware connects to a wide variety of barcode scanners and receipt printers. Collected data is transmitted to a cloud-based infrastructure backend system using a wireless inter net connection built into the hardware. The collected data can be processed to extract item-level transaction information, and estimate the price and in-stock status of items in particular shops. A search engine can be provided using this data, which allows a customer to discover which nearby shop has an item of interest in stock. A targeted advertising system that complements this search service is also presented. The data can be used by retailers and manufacturers for business analysis and optimization.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.