Registers – Systems controlled by data bearing records – Credit or identification card systems
Patent
1998-11-12
2000-12-26
Lee, Michael G
Registers
Systems controlled by data bearing records
Credit or identification card systems
235379, 23546243, 705 35, G06K 500
Patent
active
061645338
ABSTRACT:
A system is provided for automatically contributing monies to a savings program upon making a purchase. Included is an input device for generating an identification signal for identifying an account holder and a monetary signal monetary amount. Also provided is a service provider connected to the input device for receiving the identification signal and the monetary signal for calculating signal representative of a savings program contribution based on the monetary amount. A saving program provider is connected to the service provider for receiving the signal representative of the savings program contribution amount and further contribute the savings program contribution to an investment of the holder of the corresponding card.
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