System and method for causing multiple parties to be paid...

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

Reexamination Certificate

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C705S014270, C705S016000, C705S019000, C705S021000, C705S026640, C705S031000, C705S035000, C705S040000, C235S378000, C235S375000, C235S379000, C235S380000, C235S381000, C235S382000, C235S383000

Reexamination Certificate

active

06983261

ABSTRACT:
A point of sale credit card payment system allowing multiple payments to be made to various payees from a single credit card transaction or any other form of electronic payment. Software, firmware, or hardware located at a consumer location or offsite determines the amount of commissions, travel agency fees, auction fees, or any other fees incidental to the transaction due to a third or other party. During the time of transaction when payment is being made by a credit card or any other form of electronic payment the fees and/or payment(s) due to third party(ies) are separately identified and, based upon instructions from the software, are paid directly by the credit card company to those third parties entitled to receive payment.

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