Financial transaction card with installment loan feature
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
-
Sep 21, 2004
Grant Date -
Aug 16, 2001
app pub date -
Apr 25, 2001
filing date -
Aug 31, 1998
priority date (Note) -
Expired
status (Latency Note)
Importance
Abstract
There is provided a financial transaction payment method and system for processing a transaction conducted using a financial transaction card. The financial transaction card has associated therewith a financial account in a financial institution and one or more transaction criteria. The financial transaction payment system includes a processing unit and an application program for execution on the processing unit. The method includes the step of determining by the application program whether a transaction activates an installment loan on the financial account based on the one or more transaction criteria.
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Family
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