Method and system to create and distribute excess funds from consumer spending transactions

Abstract

An improved system for consumer payors to save and donate whenever they use cash at a point of sale terminal, write a check, use an ATM machine, or use a credit or debit card. The POS system is a network composed of subscriber/payors, neutral merchant/collectors, a central clearinghouse, and provider accounts. The Rounder system is a network composed of subscriber/payors, payees, account managers, and provider services. The systems together provide subscriber/payors with a seamless way to save/donate every time they spend.

1 . A method of accumulating credits in payor surplus accounts from financial transactions between a payor and a payee, comprising: 
 entering a demanded amount due the payee:    entering an additional amount offered by the payor:    and depositing the additional amount in the surplus account.    
     
     
         2 . A method as in  claim 1 , wherein the step of depositing the additional amount includes the step of the payee crediting the additional amount to the surplus account in the hands of a central clearing entity, so that the payee remains neutral to the additional amounts.  
     
     
         3 . A method as in  claim 1 , wherein said step of entering an additional amount 
 includes calculating the additional amount from predetermined data associated with the surplus account.    
     
     
         4 . A method as in  claim 2 , further comprising the step of printing out the status of said surplus account.  
     
     
         5 . A method as in  claim 2 , wherein said surplus account includes sub accounts 
 identifying a plurality of charities, bank, and other sub accounts and the step of depositing the additional amount includes assigning predetermined portions of said surplus account to said sub accounts.    
     
     
         6 . A method as in  claim 3 , further comprising the step of printing out the status of said surplus account.  
     
     
         7 . A method as in  claim 3 , wherein said surplus account includes sub accounts 
 identifying a plurality of charities, banks, and other sub accounts and the step of depositing the additional amount includes assigning predetermined portions of said surplus account to said sub accounts.    
     
     
         8 . A system for accumulating credits in surplus accounts from financial transactions between a payor and a payee, comprising: 
 a network:    first entry means for entering a demanded amount due the payee;    second entry means for entering an additional amount offered by the payor; and    depositing means for depositing the additional amount in the surplus account.    
     
     
         9 . A system as in  claim 8 , wherein the depositing means includes payee crediting means for the payee crediting the additional amount to the surplus account in the hands of a central clearing entity, so that the payee remains neutral to the additional amounts.  
     
     
         10 . A system as in  claim 8 , wherein said second entering means includes calculating means for calculating the additional amount from predetermined data associated with the surplus account.  
     
     
         11 . A system as in  claim 9 , further comprising printing means for printing out the status of said surplus account.  
     
     
         12 . A system as in  claim 9 , wherein said surplus account includes sub accounts identifying a plurality of charities, bank, and other financial institutions and the depositing means includes assigning means for assigning predetermined portions of said surplus account to said sub accounts.  
     
     
         13 . A system as in  claim 10 , further comprising printing means for printing out the status of said surplus account.  
     
     
         14 . A system as in  claim 10 , wherein said surplus account includes sub accounts identifying a plurality of charities, banks, and other financial institutions and said the depositing means includes assigning means for assigning predetermined portions of said surplus account to said sub accounts.