Method and apparatus for verifying product sale transactions and processing product returns
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United States of America Patent
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Oct 1, 2013
Grant Date -
May 5, 2011
app pub date -
Jan 6, 2011
filing date -
Nov 13, 1998
priority date (Note) -
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Abstract
The present invention relates to a computer-based system that provides a method for real time data storage and retrieval for the purpose of verifying and validating sales transactions and product return/warranty repair eligibility. An electronic product registration system is provided which stores information on purchased products and which enables a retail store or the like to verify compliance with return policies prior to accepting a product for return or replacement, thereby reducing improper or fraudulent product returns under warranty, while also providing related functionality to third parties such as law enforcement agencies and the like.
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