Card based transactional system including distributions to...

G - Physics – 06 – K

Patent

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Details

G06K 19/077 (2006.01) G06F 17/60 (1995.01)

Patent

CA 2254378

A card based transaction system enlists pre-screened, qualifying merchants to discount the prices of products and services a pre-negotiated amount so that cardholders purchasing from the participating merchants can designate the purchase rebate to prescreened, qualifying charities selected by the shareholders or keep the rebate. If the purchase rebate is donated, the cardholder may deduct the donation from taxes. The system is intended to complement existing card transaction systems and relies on the efforts of a foundation to pre-screen both the merchants and charities and on the efforts of an issuing bank or associated agency to communicate with both the foundation and with the cardholder.

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