Funds distribution system connected with point of sale...

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or...

Reexamination Certificate

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Details

C705S016000, C705S017000, C705S021000, C705S024000, C705S030000, C235S375000, C235S379000, C235S380000

Reexamination Certificate

active

11098651

ABSTRACT:
An automated way for sales establishments to extend point of sale (POS) cash transactions to allow consumers to save change or transfer discretionary funds into saving or donating accounts managed by a central clearinghouse. The system includes a network composed of consumer/payors with identification cards, neutral merchants who enter data and funds into remote POS terminals, central clearinghouse that offers/process accounts, and service providers for participating consumer/account holders, i.e. nonprofit giving, travel, mutual funds, savings, etc. The network provides consumers with a seamless, convenient, and painless way to save/donate every time they spend at multiple POS counter locations.

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