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System and method for electronic processing of vehicle transactions based on image detection of vehicle license plate

  • US 10,867,327 B1
  • Filed: 10/17/2017
  • Issued: 12/15/2020
  • Est. Priority Date: 06/27/2014
  • Status: Active Grant
First Claim
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1. A system for automatically identifying vehicle information and facilitating a transaction related to a vehicle, the system comprising:

  • a first computing apparatus having;

    an image sensor configured to capture an optical image of a vehicle, with the optical image including at least one distinguishing feature of the vehicle,an interface configured to transmit the captured optical image;

    a remote server having a computer processor and configured to;

    receive the transmitted and captured optical image,automatically scan the captured optical image to identify the at least one distinguishing feature of the vehicle,automatically compare the identified at least one distinguishing feature with a unique feature database that includes respective vehicle identification information associated with each of a plurality of unique vehicle features,automatically identify the respective vehicle identification information that corresponds to the vehicle upon determining a match between the identified at least one distinguishing feature of the vehicle and the respective one of the plurality of unique vehicle features,automatically determine a confidence percentage based on the match between the identified at least one distinguishing feature of the vehicle and the respective one of the plurality of unique vehicle features, wherein the confidence percentage indicates a determination level of closeness of the match,automatically identify corresponding vehicle configuration information based on the identified vehicle identification information, andautomatically transmit the identified vehicle configuration information to the first computing apparatus to be displayed thereon when the confidence percentage is above a predetermined threshold.

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