Patent ID: 8645227

Claim:
A computerized method of facilitating payment of shipped goods, the method comprising: initiating, at an escrow verification system, an invoicing interface, wherein the invoicing interface is configured to provide a centralized view of a plurality of invoices for a seller; forwarding, to a buyer from the escrow verification system, an invoice from the plurality of invoices for a purchase agreement made between the seller and the buyer; receiving, from the buyer, a service selection indicating that the invoice is to be paid using the escrow verification system; receiving, with the escrow verification system, a first electronic signature input from a digitizing device; storing, with the escrow verification system, the first electronic signature in a storage medium; creating, with the escrow verification system, a token in a storage medium and an identification card, wherein the token is an electronically stored signature; providing, from the escrow verification system, the identification card to the buyer; receiving, at the escrow verification system, a funding confirmation that the buyer has deposited funds into an escrow account for the invoice amount; based on the funding confirmation, notifying, from the escrow verification system, the seller to proceed with shipping goods associated with the invoice; contracting with a designated shipping company, via the escrow verification system, to provide the shipping of the goods, wherein the designated shipping company is configured to verify a receiver as an authorized signatory; receiving, from the seller at the escrow verification system, a shipping confirmation to confirm that the goods have been shipped; upon receipt of the goods, authenticating, by the escrow verification system, the receiver as the authorized signatory for the buyer using the verification service to verify the receiver's identity based at least in part on the stored token correlating with the identification card; receiving, with the escrow verification system, a second electronic signature from a signatory to be authenticated; comparing, with the escrow verification system, the first electronic signature stored in the storage medium with the second electronic signature from the signatory to authenticate the signatory as an agent of the buyer; based on receiving an electronic confirmation from the entity responsible for delivery of the goods that the stored token correlates with the identification card and that the signatory is authenticated as the agent of the buyer, releasing, by the escrow verification system, the goods and transferring the deposited funds from the escrow account to the seller's account; dynamically updating, at the escrow verification system, the centralized view of the invoice interface in response to receiving one or more of funding confirmation, shipping confirmation, or depositing of funds; and thereafter receiving a notification from the buyer, at the escrow verification system, that the authorized signatory is now an unauthorized signatory.