Financial transaction system with retirement saving benefit
July 17, 2018. 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 processing a customized financial transaction card Credit-card based retirement fund system and method Method and system for allocating and redeeming incentive credits between a portable device and a base device Device, system and methods of conducting paperless transactions System and method for establishing and executing functions to affect credit card accounts and transactions Method, apparatus, and program for customizing credit accounts Patent #: 5970478 InventorApplicationNo. 118438 filed on 07/17/1998US Classes:235/380, Credit or identification card systems705/35Finance (e.g., banking, investment or credit)ExaminersPrimary: Le, Thien M.Attorney, Agent or FirmInternational ClassG06K 005/00AbstractThe system is a rebate program for the benefit of participating individuals such as wage earners. Participating individuals apply and are approved and are issued a card with an identifiable account number using credit approval systems. The card may include debit, smart card, customer loyalty and security features. The rebate is calculated and transferred to the participant's account in a trust fund. The card may also be used to engage in other financial transactions. The system may include a wide range of retail merchants as well as professional services available to the participant. Funds are disbursed to the participant upon the occurrence of certain specified events. | |
