Hybrid account

Details Hybrid account Hybrid account

2009-03-27

2011-12-27

Merchant, Shahid (Department: 3694)

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

Automated electrical financial or business practice or...

Finance

C705S035000, C705S039000

Reexamination Certificate

active

08086526

ABSTRACT:
A system, according to one embodiment, includes a hybrid account provided by an issuer to a user, the hybrid account having a balance, the balance being either positive, zero, or negative; and a financial instrument including a hybrid card, the hybrid card providing access to the hybrid account, in which transactions using the hybrid card provide interchange income to the issuer, the issuer charges interest to the hybrid account when the balance is negative, and the issuer pays interest to the hybrid account when the balance is positive.

REFERENCES:
patent: 5933817 (1999-08-01), Hucal
patent: 6397196 (2002-05-01), Kravetz et al.
patent: 2002/0091600 (2002-07-01), Kravetz et al.
patent: 2002/0138428 (2002-09-01), Spear
patent: 2003/0046222 (2003-03-01), Bard et al.
patent: 2004/0054579 (2004-03-01), Lamb et al.
patent: 2005/0077350 (2005-04-01), Courtion et al.
patent: 2005/0228749 (2005-10-01), Lozano
patent: 2007/0045407 (2007-03-01), Paul et al.
patent: 2007/0136194 (2007-06-01), Sloan

Affiliated with

Also associated with

Rating

Hybrid account does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Hybrid account, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Hybrid account will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFUS-PAI-O-4304058