Funds distribution system connected with point of sale transacti

Details Funds distribution system connected with point of sale transacti Funds distribution system connected with point of sale transacti

1997-04-15

2000-07-11

Tkacs, Stephen R.

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Including point of sale terminal or electronic cash register

705 21, 705 24, 705 30, 235375, 235379, 235380, G06F 1760

Patent

active

06088682&

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.

REFERENCES:
patent: 5220501 (1993-06-01), Lawlor et al.
patent: 5302811 (1994-04-01), Fukatsu
patent: 5466919 (1995-11-01), Hovakimian
patent: 5475585 (1995-12-01), Bush
patent: 5506393 (1996-04-01), Ziarno
patent: 5546303 (1996-08-01), Helbling
patent: 5555497 (1996-09-01), Helbling
patent: 5621640 (1997-04-01), Burke
Contributor's Brochure; Combined Federal Campaign; 1990; pp. 12-15.

Affiliated with

Also associated with

Rating

Funds distribution system connected with point of sale transacti does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Funds distribution system connected with point of sale transacti, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Funds distribution system connected with point of sale transacti will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFUS-PAI-O-552143