System and method for implementing financial assistance programs
US8447669B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Aug 26, 2008 |
| Grant date | May 21, 2013 |
| Priority date | — |
| Expiry date | Aug 26, 2028 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q50/26
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A system and method to provide food stamp benefits to recipients. The state agency responsible for distributing food stamp benefits to eligible recipients employs an issuer to produce consumer access devices for distribution to the recipients. The consumer access device is encoded with information enabling the food stamp recipients to purchase specified items from merchants. By imprinting the consumer access device with indicia identifying a commercial payment processing network and employing the commercial payment processing network to process the transactions, transaction funded by the food stamp program will appear to be credit or debit transactions personally funded by the food stamp recipient.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.