Importance

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Abstract

A method and a system for real time mobile electronic commerce transactions, utilizing smart wireless RF tags, a mobile communication device, and a central server. The method describes utilization of a ubiquitous mobile communication device such as cell phone, PDA, laptop computer and other stationary and mobile devices for enabling execution of electronic commerce transactions in conjunction with items, products and services that are identified by either embedded or attached smart wireless RF tags. The system describes the means for the individual mobile device user and or the store to conduct transactions seamlessly with a mobile device, a central server, a multi-channel multiplexing transmitter/receiver and smart wireless RF tags. The system provides information about prices and transactions involving products and services in real time over a wireless link and enables the user and the vendor to track transactions in real time for customer utility such as price comparison, real time execution of transactions utilizing the mobile device as a point of sale terminal; and further enables the vendor to manage inventory, supply chains, automated checkout, payment, loss prevention and security. The system further teaches a method for mobile commerce transaction in one or more languages utilizing smart wireless RF tagged items. Additionally, a method and system for enhancing the information contained within the smart wireless RF tags is described.

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First Claim