System and method for conducting a financial transaction between a sender and recipient of a mail piece
View Patent ↗In a postage payment system, a secure integrated circuit (IC) card is used to manage postage funds, and created encrypted postage indicia. Among other things, the system is capable of performing charge-back accounting of postage expenses and generating mail contents. In accordance with an aspect of the invention, the postage indicia are applied onto selected locations of the mail contents while they are being generated. In the preferred embodiment, each mail content is placed in a window envelope such that the postage indicium on the mail content exposes through a window of the envelope to facilitate inspection of the indicium. In accordance with another aspect of the invention, by including transactional data in addition to the traditional postal data in a postage indicium, the indicium can be used to pay bills, purchase products and services, including any courier service different than the postal service.
1. An apparatus for dispensing postage for a mail piece comprising:
a memory for storing first data representative of a value of postage funds;
an interface, operably connected to the memory, for receiving selected information concerning a mail piece content and information concerning a value of the postage, the value of the postage funds being a function of the value of the postage; and
a processor operably connected to the memory and the interface for receiving selected information, for encrypting at least the selected information to generate second data, the first data and the second data being provided to a mail processor for creation of an indicium indicative of payment of the postage, the mail piece content, an additional payment amount, and payee to receive the additional payment;
wherein the mail processor generates control instructions to a printer for printing the indicium in a selected location on the mail piece content such that the indicium is exposed through a window, the window being on a cover for enclosing the mail piece content; and
wherein the additional payment amount is deposited in an account belonging to the payee when the mail piece is processed by a mail piece carrier.
2. The apparatus of claim 1 wherein said second data includes a digital signature.
3. The apparatus of claim 1 wherein said memory further includes an encryption algorithm, said second data being encrypted in accordance with said encryption algorithm.
4. The apparatus of claim 3 wherein said encryption algorithm is an Rivest Shamir Adelman (RSA) algorithm.
5. The apparatus of claim 3 wherein said encryption algorithm is a digital signature algorithm (DSA).
6. The apparatus of claim 1 wherein said memory comprises an ascending register for tracking dispensed postage, the memory includes information for determining past postage dispensation.
7. The apparatus of claim 1 wherein the value of the postage funds is changed in response to a request to purchase postage.
8. A method for use in an IC module for dispensing postage for a mail piece comprising the steps of:
storing first data representative of a value of postage funds;
receiving selected information concerning a mail piece content and information concerning a value of the postage, the value of the postage funds being a function of the value of the postage;
receiving additional payment data including a payment amount and an identification of a payee;
encrypting at least the selected information to generate second data; and
providing the first data, the second data, and the additional payment data to a mail processor for creation of a postage indicium;
wherein the mail processor generates control instructions to a printer for printing the indicium in a selected location on the mail content such that the indicium is exposed through a window, the window being on a cover for enclosing the mail content; and
wherein the additional payment amount is deposited in an account belonging to the payee when the mail piece is processed by a mail piece carrier.
9. The method of claim 8 wherein said second data includes a digital signature.
10. The method of claim 8 wherein said selected information is encrypted in accordance with an encryption algorithm.
11. The method of claim 10 wherein said encryption algorithm is an Rivest Shamir Adelman (RSA) algorithm.
12. The method of claim 10 wherein said encryption algorithm is a digital signature algorithm (DSA).
13. The method of claim 8 wherein the value of the postage funds is changed in response to a request to purchase postage.
14. A method for use in a system for dispensing postage for a mail piece, said system including an IC module, comprising the steps of:
storing first data representative of a value of postage funds in the IC module;
receiving by the IC module selected information concerning the mail piece and information concerning a value of the postage, the value of the postage funds being a function of the value of the postage;
receiving by the IC module additional payment information including an additional payment amount and an identification of a payee;
encrypting by the IC module at least the selected information to generate second data;
generating a postage indicium based on the second data and the additional payment information; and
depositing the additional payment amount in an account belonging to the payee when the mail piece is processed by a mail piece carrier.
15. The method of claim 14 further comprising the step of controlling access to said system.
16. The method of claim 14 wherein the selected information concerning the mail piece includes address information, the method further comprising the step of checking address information on the mail piece.
17. The method of claim 14 wherein the communicating step includes the step of communicating with a certification authority other than the selected recipient to verify receipt by the selected recipient of the information.
18. The method of claim 14 wherein the communicating step includes the step of communicating with a certification authority other than the selected recipient to verify access by the selected recipient to the information.
19. The method of claim 14 wherein said second data includes a digital signature.