Closed loop collect on delivery (c.o.d) payments

Details Closed loop collect on delivery (c.o.d) payments Closed loop collect on delivery (c.o.d) payments

G - Physics

06

Q

G06Q 10/00 (2006.01) G06Q 20/00 (2006.01) G06Q 30/00 (2006.01)

Patent

CA 2485413

A trusted closed loop payment system and method that reduces the liability of carriers for cash on delivery ("COD") shipments. A third party payment system (26) is authorized by the buyer (14) to make payments to a shipper (12) on behalf of the buyer (14) upon receipt of goods by the buyer (14). Since the third party payment system (26) makes and guarantees payment, carrier liability is removed. Additional advantages include quiker payments and multiple payment options.

L'invention concerne un système et un procédé éprouvés de paiement de type fermé, lesquels diminuent la responsabilité des transporteurs pour les livraisons effectuées avec paiement contre remboursement. Un système de paiement par tiers payant (26) est autorisé par l'acheteur (14), afin que des paiements soient faits à l'expéditeur (12) pour le compte de l'acheteur (14) à la réception des marchandises par ce dernier (14). Ce système de paiement par tiers payant (26) garantissant le paiement, la responsabilité du transporteur est supprimée. Ce système présente d'autres avantages comme la rapidité des paiements et les diverses options de paiement.

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