Spending vehicles for payments
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United States of America Patent
Stats
-
Dec 11, 2012
Grant Date -
Jun 10, 2010
app pub date -
Feb 22, 2010
filing date -
Jul 16, 1999
priority date (Note) -
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Importance
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Abstract
A system and method for associating payments with spending vehicles so that an individual who is entitled to receive periodic or special payments, such as tax refunds or social security checks, receives in place of the payment a spending vehicle, such as a debit card, pre-paid credit, or other card having funds stored thereon. An individual who wishes to receive a spending vehicle rather than the regular payment selects the spending vehicle he or she would like to receive. The individual then assigns his or her right to receive the payment to a third party. The third party then arranges to give a spending vehicle to the individual and to transfer the individual's payment to a sponsor of the spending vehicle. The third party may take a portion of the payment as compensation for the service.
First Claim
Family
- 15 United States
- 10 France
- 8 Japan
- 7 China
- 5 Korea
- 2 Other
Patent Owner(s)
- H&R BLOCK TAX SERVICES LLC
International Classification(s)
- [Classification Symbol]
- [Patents Count]
Inventor(s)
Inventor Name | Address | # of filed Patents | Total Citations |
---|---|---|---|
Wilson, Robert D | Shawnee, US | 48 | 1219 |
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11.5 Year Payment | $7400.00 | $3700.00 | $1850.00 | Jun 11, 2024 |
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Surcharge after expiration - Late payment is unavoidable | $700.00 | $350.00 | $175.00 |
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