System and method for establishing and managing subscription pur

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

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705 20, G06F 1760

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active

059704705

ABSTRACT:
A system and process for distributing a product in accordance with a subscription purchase agreement that includes the establishment by a customer of an account with a seller of a product, the assignment of a customer identification number to the account maintained by a customer, the receipt of a credit card number corresponding to the customer, and the receipt of a request from the customer to purchase the product from the seller. The request includes a set of purchase terms and conditions related to the product. Also, the set of purchase terms and conditions are recorded for the customer. The set of purchase terms and conditions indicate a purchase price for the product. A customer's credit card or other account may be assessed a penalty in the event that the customer does not honor the purchase terms and conditions.

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