Importance

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Abstract

A method for enabling a customer, residing at a fixed address, to conduct business transactions with a business service provider using a teleterminal connected to the business service provider's central service center via a telecommunications network, and for verifying whether the customer has rights to conduct the business transactions. The central service center includes a contract database for storing contracts for business transactions that may be conducted by the customer, and an identification database for storing identification data representative of the customer's identity, and customer rights data comprising contract symbols representative of the customer's rights to conduct the business transactions. When the customer wishes to perform a particular business transaction with the business service provider, the central service center automatically generates a corresponding contract for execution by the customer and transmits the contract to the customer, either electronically or by mailing a copy of the contract to the customer's home address. Once the customer executes the contract and returns it to the central service center, the central service center generates a contract symbol representative of the customer's right to conduct the particular business transaction and transmits the contract symbol to the customer. When the customer wishes to conduct the particular business transaction in the future, the customer only needs to present the contract symbol along with some identity verifying information to the central service center in order to be allowed to conduct the contracted-for particular transaction.

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First Claim