Apparatus and method for facilitating credit transactions
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United States of America Patent
Stats
-
Dec 16, 2003
Grant Date -
May 16, 2002
app pub date -
Aug 14, 2001
filing date -
Aug 15, 2000
priority date (Note) -
In Force
status (Latency Note)
Importance
Abstract
An apparatus and method of facilitating a credit transaction between a user and a merchant provides a rebate amount that is directed to an investment vehicle. To that end, the method and apparatus receive information indicating that the user is to make a credit transaction with the merchant, and determine a rebate amount for the user for that credit transaction. The rebate amount thus is a function of the credit transaction. Accordingly, as noted above, at least a portion of the rebate amount is directed to be invested in an investment vehicle.
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