METHOD AND SYSTEM TO CREATE AND DISTRIBUTE EXCESS FUNDS FROM CONSUMER SPENDING TRANSACTIONS
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United States of America Patent
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N/A
Issued Date -
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app pub date -
Aug 28, 2006
filing date -
Feb 18, 1993
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
An improved system for consumer payors to save and donate whenever they use cash at a point of sale terminal, write a check, use an ATM machine, or use a credit or debit card. The POS system is a network composed of subscriber/payors, neutral merchant/collectors, a central clearinghouse, and provider accounts. The Rounder system is a network composed of subscriber/payors, payees, account managers, and provider services. The systems together provide subscriber/payors with a seamless way to save/donate every time they spend.
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Family
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Cited Art Landscape
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