Patent ID: 8055541
Filing Date: 2011-11-08
Classification: G06Q

Abstract:
1. A transaction method within a transaction system, said method comprising: receiving from a first customer issued transponder device of customer issued transponder devices, by a computing apparatus through a first transceiver of a plurality of transceivers, a first customer data segment from a plurality of customer data segments, said transaction system comprising a computing apparatus, said plurality of transceivers electrically connected to said computing apparatus, a plurality of object issued transponder devices, and a plurality of customer issued transponder devices, each customer issued transponder device of said plurality of customer issued transponder devices comprising a customer issued transponder and a customer issued memory device, each said customer issued memory device comprising a customer data segment from said plurality of customer data segments, each said customer data segment associated with a different customer from a plurality of customers for an entity, each said customer data segment comprising a preferred credit card payment means for an associated customer of said plurality of customers, each object issued transponder device of said plurality of object issued transponder devices comprising an object issued transponder and an object issued memory device, each said object issued memory device comprising an object data segment from a plurality of object data segments, each said object data segment associated with and located on a different object from a plurality of objects for sale by said entity, each said object data segment comprising pricing information and a description for an associated object of said plurality of objects, said first customer data segment associated with a first customer of said plurality of customers, wherein said first customer issued transponder device is possessed by said first customer, wherein said first customer data segment comprises first credit card data and second credit card data associated with a first customer, wherein said first credit card data is associated with a first credit card used by said first customer during a past purchase from said entity, wherein said second credit card data is associated with a preferred credit card belonging to said first customer, and wherein said first customer is located within a specified proximity of said first transceiver; performing, by said computing apparatus, a first specified function for said first customer, said first specified function comprising approving said first credit card and said second credit card for purchases, said first specified function based on said first customer data segment and a location of said first transceiver; receiving from a first object issued transponder device of said object issued transponder devices, by said computing apparatus through said first transceiver of said plurality of transceivers, a first object data segment from said plurality of object data segments, said first object data segment associated with and located on a first object of said plurality of objects, said first object data segment comprising pricing and description information for said first object, said first customer possessing said first object; and automatically performing, by said computing apparatus based on said receiving said first customer data segment and said first object data segment, a second specified function related to said object, said second specified function based on said second object data segment, said second specified function comprising enabling a purchase of said object using said first credit card and/or said second credit card.