Credit/charge card system enabling purchasers to contribute to selected charities
Patent 5466919 Issued on November 14, 1995. Estimated Expiration Date: 
February 28, 2014. Estimated Expiration Date is calculated based on simple USPTO term provisions. It does not account for terminal disclaimers, term adjustments, failure to pay maintenance fees, or other factors which might affect the term of a patent.
February 28, 2014. Estimated Expiration Date is calculated based on simple USPTO term provisions. It does not account for terminal disclaimers, term adjustments, failure to pay maintenance fees, or other factors which might affect the term of a patent.Patent ReferencesSystem and method for administration of incentive award program through use of credit Recording and billing system Payroll trust check system Centralized consumer cash value accumulation system for multiple merchants Patent #: 5287268 InventorApplicationNo. 202735 filed on 02/28/1994US Classes:705/17, Having interface for record bearing medium or carrier for electronic funds transfer or payment credit235/380, Credit or identification card systems705/21, Interconnection or interaction of plural electronic cash registers (ECRs) or to host computer (e.g., network detail, transfer of information from host to ECR or from ECR to ECR, etc.)705/39, Including funds transfer or credit transaction902/22TERMINAL* REGISTERS TRANSACTION* (E.G., POINT OF SALE TERMINAL*)ExaminersPrimary: Hajec, Donald T.Assistant: Filipek, Jeffrey R. Attorney, Agent or FirmForeign Patent References
International ClassG06K 005/00AbstractA method which enables a credit cardholder to make a donation to a cardholder-selected charity any time he makes a purchase using the credit card. The method comprises a credit/charge card which identifies on its magnetic strip, charities to receive a donation, and a bank expedited system which processes the card user's purchase transaction, pays a previously decided amount to the charity or charities and also bills the cardholder. In this system, the donated amounts may be paid by the bank or card issuing organization, or the cardholder may add an amount which he pays to the selected charity. The proposed system may be described as being a bank expedited charity donation, (abbreviated to BAX) approach for credit/charge cardholders. | |
