Patent ID: 11941576
Assignee: nan
Field: IT methods for management (Electrical engineering)
Classification: CPC G | IPC G

Claim 9:
10. A system for providing monetary restitution to a beneficiary when a package shipped by an originating shipper to a destination address, by way of a designated package transport carrier, is left unattended and damaged due to improper storage or exposure to inclement weather at the destination address prior to a package recipient taking receipt of the package and the originating shipper and the designated package transport carrier declined to make suitable remedy for the package that was damaged, wherein the package recipient is a user of the system, the system comprising:
configuring at least one of a data processing resource comprising a server, the server comprising a database for storing a plurality of transaction records, the server further comprising a microprocessor and a memory, the server is configured to communicate data or reports between a computing device associated with the package recipient, a computing device associated with the originating shipper, or a computing device associated with the designated package transport carrier across a global electronic communications network, the memory is encoded with instructions that when executed by the microprocessor perform the steps of:
receiving, by the server, from the package recipient computing device or the originating shipper computing device, selection of predetermined at least one of a package repayment plan associated with a plurality of packages to be shipped to the package recipient from the originating shipper via the designated package transport carrier within a plan enforcement period;
associating with the package repayment plan, by the server, the destination address, the beneficiary, a required payment term, and the plan enforcement period;
authorizing, by the server, coverage under the package repayment plan for the plurality of packages to be shipped to the destination address during the plan enforcement period;
generating, by the server, a transaction record associated with the authorized coverage under the package repayment plan;
generating, by the server, an authorization code and a transaction fee associated with the package repayment plan authorized coverage, wherein the transaction fee is based at least on the required payment term, the transaction fee may be adjusted based on at least one of the value of a package, the destination address, the delivery timing, the delivery method, or based on a plurality of applicable delivery risk metrics;
transmitting, by the server, to the package recipient computing device or the originating shipper computing device the authorization code;
storing, by the server, the transaction record and the authorization code in the database;
receiving, by the server, from the package recipient computing device or the originating shipper computing device, payment of the transaction fee;
establishing, by the server, the plan enforcement period, for the package repayment plan authorized coverage, commensurate with receipt of payment in accordance with the required payment term;
receiving, by the server, a missing or damaged package report generated, in part, by the designated package transport carrier computing device related to at least one of the plurality of packages which was reportedly delivered, by the designated package transport carrier, then stolen or damaged during the plan enforcement period, wherein the missing or damaged package report is based on the originating shipper and the designated package transport carrier declining to compensate the package recipient upon prior request by the package recipient, wherein the missing or damaged package report comprises at least (i) the destination address, (ii) the authorization code, and (iii) an indication that the package was delivered to the destination address during the plan enforcement period;
associating, by the server, in the database, the missing or damaged package report and the authorization code with the transaction record for the package repayment plan; and
compensating, by the server, the beneficiary in accordance with the package repayment plan authorized coverage.