Method and system to create and distribute excess funds from consumer spending transactions
US7571849B2 · kind B2 · utility
56Cited by
42References
7Claims
0Family size
Inventor
Key dates
| Filing date | May 31, 2006 |
| Grant date | Aug 11, 2009 |
| Priority date | — |
| Expiry date | Jun 23, 2026 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q20/102
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
An improved system for consumer payors to save and donate whenever they use cash at a point of sale terminal, write a check, use an ATM machine, or use a credit or debit card. The POS system is a network composed of subscriber/payors, neutral merchant/collectors, a central clearinghouse, and provider accounts. The Rounder system is a network composed of subscriber/payors, payees, account managers, and provider services. The systems together provide subscriber/payors with a seamless way to save/donate every time they spend.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.