Spending account systems and methods
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United States of America Patent
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May 8, 2007
Issued Date -
N/A
app pub date -
Nov 19, 2004
filing date -
Nov 19, 2003
priority date (Note) -
In Force
status (Latency Note)
Importance
Abstract
A system which facilitates the purchase of an item qualifying for pre-tax treatment utilizing at least one flexible spending account (FSA). A host computer may receive a request from a point of sale (POS) device to authorize payment for one or more items. The host computer may process the request to determine if the item qualifies for pre-tax treatment. If the item qualifies for pre-tax treatment, the host computer may transmit payment authorization to the POS device and debit at least one FSA and/or at least one non-FSA account.
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