Importance

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Abstract

To facilitate preparation and processing of checks, this invention discloses a specially designed two-section gummed label to be attached on a bill and to be transferred onto a check. On said gummed label is pre-printed billing and paying readable and scannable information for payment in full or in part. A process utilizing said gummed labels for efficient, postage-saving, labor-saving, and envelope-saving consolidated mass billing and check collection is accomplished by an operating firm collecting periodically billing data from billing firms, printing each of all bills with attached said gummed label, and mailing all bills to each household in one envelope. Each consumer sends appropriately prepared checks in one envelope to said operating firm who speedily and electro-mechanically processes all checks to the credit of respective billing firms.

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First Claim