Importance

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Abstract

There is disclosed a system and method for dispensing postage (or other graphical security indicia) electronically by using a portable processor containing a maximum amount of preauthorized postage which can be applied to any piece of mail. The portable processor can be refilled at various locations through the use of a closed-loop system which relies upon a database of users who are preregistered in the database. Upon refill of the portable processor an expiration date is stored therein. Thereafter, each transaction includes reference to this expiration date and a secure realtime clock in order to determine if the portable processor may dispense postage. Additionally, the realtime clock is utilized to provide date stamping of the indicia generated.

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First Claim