Method of managing a deposit exchange to offer price reductions

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

Reexamination Certificate

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C705S026640

Reexamination Certificate

active

06973440

ABSTRACT:
A business method which uses a computer program to establish and maintain a deposit exchange. Customers deposit money with the deposit exchange and register with clients of the deposit exchange to use these deposits as discounts toward the price of goods or services the customer buys from the client. These discounts accumulate according to a formula similar to that used to calculate compound interest.

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Smith et al., Take another look at bank-owned life insurance, ABA Banking Journal, Feb., 1997, vol. 89, iss. 2, pp. 22, 3 pages.

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