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Method and apparatus for encoding transactions for goods and services using an e-receipt

  • US 7,158,948 B1
  • Filed: 06/10/1999
  • Issued: 01/02/2007
  • Est. Priority Date: 06/10/1999
  • Status: Expired due to Fees
First Claim
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1. A method for maintaining inventory records of products being sold, the method comprising the computer-implemented steps of:

  • providing inventory records corresponding to a plurality of products for sale;

    processing a purchase transaction for a first product of said plurality of products;

    generating an electronic receipt comprising data concerning the purchase transaction;

    using a first read/write device to write said electronic receipt to a removable storage medium;

    using a second read/write device that is different from said first read/write device to read said electronic receipt from said removable storage medium;

    validating said electronic receipt; and

    in response to validating said electronic receipt,providing an indication to proceed with a delivery of said first product andupdating an inventory record corresponding to said first product to reflect the delivery of said first product.

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