Patent ID: 6018719
Filing Date: 2000-01-25
Classification: G06Q

Abstract:
A computer implemented method for registering product transactions to reduce the number of unauthorized returns of products sold by retailers, said method comprising the steps of:obtaining, at a transaction location, individual product identification information which individually identifies a specific item involved in said transaction;verifying validity of the individual product identification information from said obtaining step at a time of the transaction; andupdating a general transaction database with original transaction information, said original transaction information including at least individual product identification information that has been validated by said verifying step and additional information relating to the transaction including at least a date associated with the transaction, said general transaction database being associated with a registration computer system having available return qualification information pertaining to the specific item involved in the transaction, whereby at the time of a product return transaction, said registration computer system locates and provides original transaction information concerning a return product and applicable return qualification information.