System and method of correlating a check tendered as payment for a purchase to the particular purchase transaction

• US 20020084320A1
• Filed: 12/29/2000
• Published: 07/04/2002
• Est. Priority Date: 12/29/2000
• Status: Active Grant

• Current Assignee: NCR Voyix Corporation
• Original Assignee: NCR Corporation
• Inventors: Hoffman, Mark S., Tarbutt, Vernon W.
• Granted Patent: US 6,564,996 B2
• Time in Patent Office: Days
• US Class Current: 235/379
• CPC Class Codes: G06Q 20/04 Payment circuits
• CPC Class Codes: G06Q 20/042 characterized in that the payment protocol involves at least one cheque
• CPC Class Codes: G06Q 20/047 using payment protocols involving electronic receipts
• CPC Class Codes: G06Q 20/12 specially adapted for electronic shopping systems

Abstract

A system and method of generating a tender code for a purchase transaction and associating the generated tender code with both a payment and a produced digital receipt for the purchase transaction is described. The tender code may be assigned at several points in the purchase transaction. The digital receipt with the tender code is stored, preferably in a data warehouse. The data warehouse allows easy indexing of the digital receipt data including the tender code. The payment, such as a check, is encoded or affixed with the tender code such that the payment is correlated or linked to the digital receipt and thus the particular purchase transaction to which the payment applied. The tender code may be encrypted and/or contain auxiliary data. The auxiliary data may be device readable to allow a holder to access various information and/or data via an access device such as a document processing device. The present system provides greater verification and/or validation of payment for a purchase and the purchase transaction.

Claims

1. A method of correlating a check to a purchase transaction comprising the steps of:

receiving a check as payment for a purchase transaction;

generating a tender code for the purchase transaction;

associating the tender code with the check;

generating a digital receipt for the purchase transaction; and

associating the tender code with the digital receipt.

2. The method of claim 1, further comprising the step of:

affixing the tender code to the check.

3. The method of claim 1, further comprising the step of:

storing the digital receipt in a data warehouse.

4. The method of claim 3, wherein the step of generating a tender code includes the step of:

embedding a URL in the tender code, the URL designating a storage location of the digital receipt in the data warehouse.

5. The method of claim 1, wherein the step of generating a tender code includes the step of:

encrypting the tender code.

6. The method of claim 5, wherein:

the step of generating a tender code includes generating a tender code that is machine readable.

7. A method of correlating a check given in payment for a purchase to a purchase transaction, the method comprising the steps of:

receiving a check given in payment for a purchase transaction;

generating a digital tender code unique to the purchase transaction;

producing a digital receipt of the purchase transaction;

appending the digital tender code to the digital receipt; and

affixing the digital tender code to the check.

8. The method of claim 7, further comprising the step of:

reading the digital tender code affixed to the check.

9. The method of claim 7, further comprising the step of:

storing the digital receipt in a data warehouse.

10. The method of claim 9, wherein the step of generating a digital tender code includes the step of:

embedding a URL in the digital tender code, the URL designating a storage location of the digital receipt in the data warehouse.

11. The method of claim 7, wherein the step of generating a digital tender code includes the step of:

encrypting the digital tender code.

12. The method of claim 7, wherein:

the step of generating a digital tender code includes generating a digital tender code that is machine readable.

14. The device of claim 13, wherein the memory has further instructions stored therein that causes the processing unit to affix the tender code to the check.

15. The device of claim 13, wherein the memory has further instructions stored therein that causes the processing unit to encrypt the tender code.

16. The device of claim 13, wherein the memory has further instructions stored therein that causes the processing unit to store the digital receipt in a data warehouse.

17. The device of claim 16, wherein the memory has further instructions stored therein that causes the processing unit to embed a machine readable URL within the tender code.

19. The retail terminal of claim 18, wherein the memory has further instructions stored therein that causes the processing unit to encrypt the digital tender code.

20. The retail terminal of claim 18, wherein the memory has further instructions stored therein that causes the processing unit to embed a URL in the digital tender code, the URL providing an address for the digital receipt in the data warehouse.

21. The retail terminal of claim 18, wherein the memory has further instructions stored therein that causes the processing unit to provide the digital tender code in machine readable form.

13. A computer controlled device for correlating a check to a purchase transaction comprising:

a processing unit;

a printer in communication with the processing unit; and

memory in communication with the processing unit, the memory having a plurality of instructions which, when executed by the processing unit, causes the processing unit to;

(i) provide a tender code in response to receipt of a check as payment for a purchase transaction;

(ii) print the tender code onto the check utilizing the printer;

(iii) generate a digital receipt for the purchase transaction; and

(iv) append the tender code to the digital receipt.

18. A retail terminal comprising:

a processing unit;

a printer in communication with the processing unit;

a network interface in communication with the processing unit and an electronic network; and

memory in communication with the processing unit, said memory having stored therein a plurality of instructions which, when executed by the processing unit, causes the processing unit to;

(i) generate a digital tender code in response to receipt of a check as payment for a purchase transaction;

(ii) print the digital tender code onto the check with the printer;

(iii) generate a digital receipt for the purchase transaction;

(iv) append the digital tender code to the digital receipt; and

(v) forward the digital receipt via the electronic network to a data warehouse for storage.