Method for Providing Donations to Third Parties During a Financial Transaction and Tracking the Details of the Financial Transactions For Donation Contributors and Recipients

Abstract

A method for embedding a socially conscious donation, contribution, payment into a transaction at the point of sale or purchase using any payment platform that accepts, debit, credit, cash, financing, donations, contributions, financial service transactions, etc. and facilitates, separates, and keeps track of the process and the transaction, including the giveback. The system and method also handles contributions to any beneficiary which could be the person making the purchase or sale or barter. The system and method utilizes a human key to make and take requests, record payments, take and certify payments between a user or plurality of users, a merchant/business, and a charity of designated beneficiary. Whereby a set amount by the parties, user, purchaser, seller, and beneficiary can be used for a donation, contribution, or payment to a beneficiary determined at the point of sale, purchase, or barter.

1 . A method for providing donations to third parties during a financial transaction and tracking the details of the financial transactions for donation contributors and recipients, executable by a machine and rendered on the display of the machine, comprising the steps of:
 registering one or more users;
 authenticating a user; 
 electing, by the user, how they want to pay a business and where they want their payment to go; 
   registering a business;
 electing, by the business, how they want to receive payments; 
   registering a beneficiary;
 setting up a beneficiary account; 
 electing, by the beneficiary, how the beneficiary wants to accept contributions; 
   creating one or more campaigns for receipt of contributions;   executing a financial transaction;   authorizing the transaction on a machine display by the user;   providing a payment module;
 recording the financial transaction;
 tracking the transaction; 
 registering the transaction; 
 recording the parties invested; 
 recording the amount involved; 
 separating the contribution from the goods or services purchased amount at the time of the transaction 
 recording the date and time, of the transaction; 
 generating a receipt; 
 sending a receipt to each party involved in the transaction; 
 distributing the purchased amount to the seller; and 
 distributing then contribution amount to the beneficiary or adding the contribution amount to a beneficiary account. 
 
   
     
     
         2 . The method of  claim 1  further comprising the steps of;
 creating a human key that enables a user to verify themselves to another user or the machine; and 
 assigning a user a human key for future authentication. 
 
     
     
         3 . The method of  claim 1  wherein, the money is donated by a user to their local community, charity, campaign, themselves, or a third party beneficiary 
     
     
         4 . The method of  claim 3  wherein, the third party beneficiary includes loans, investments, gifts, payments, contributions, and donations. 
     
     
         5 . The method of  claim 1  wherein, the receipt includes the names of all parties to the transaction and the beneficiary involved in the transaction. 
     
     
         6 . The method of  claim 1  wherein, the payment module
 tracks and aggregates all transaction information; 
 determines what part of the transaction is tax deductible; 
 stores all tax related information; 
 supplies receipts to all parties involved in the transaction; and 
 generate supporting tax documentation for all parties. 
 
     
     
         7 . The method of  claim 1  wherein, the seller designates which third party beneficiary shares a portion of the transaction and how much of the transaction will be shared. 
     
     
         8 . The method of  claim 1  wherein, the software file of the human key enables a user to be verified and authenticated in a transaction and also provides tracking of the financial transaction by associating the transaction to one or more human keys which identify and authenticate a user in the system. 
     
     
         9 . The method of  claim 1  wherein, the discount, rebate, or piece of the transaction that the seller is willing to contribute or give could go back to the purchasers designated account. 
     
     
         10 . The method of  claim 8  wherein, the designated account is either an investment, college education fund, retirement account, savings account, or to make payment for a loan or anything that has been financed that requires a payment or installment. 
     
     
         11 . The method of  claim 1  wherein,
 the contributions are collected and not dispersed; and 
 the funds accumulated through the contributions are used as leverage or collateral on a loan. 
 
     
     
         12 . The method of  claim 1  wherein, the accumulated contributions in a beneficiary account are released to the beneficiary after a set amount is obtained. 
     
     
         13 . The method of  claim 1  further comprising the step of assigning a QR code to the campaign and the transactions. 
     
     
         14 . The method of  claim 12  wherein the human key is used for identification and security of the transaction for recording, tracking, authenticating, and certifying the transaction. 
     
     
         15 . The method of  claim 13 , further comprising the steps of:
 providing a form allowing users to request that a user participate in a campaign;
 providing a proposal preview; 
 providing a description of the service or prices; 
 providing information on how to pay; 
 stating who the proposal is from and what is needed; 
   sending out requests to users to participate using the form;   sending requests to users to designate their preferences where they want the money to go the date by when it is needed, the location, the date on which they will make a decision, and an image option.   
     
     
         16 . The method of  claim 15 , further comprising the steps of:
 transforming requests into a campaign, advertisement, or deal to be advertised or promoted, or publicized within or outside the system;   posting the campaign, advertisement, or deal on other people's websites; and   using the QR code to post the campaign, advertisement, or deal on other people's websites by using link code, QR barcodes, NFC or RFID embedded in a website for tracking payments, view, and clicks.   
     
     
         17 . The method of  claim 15 , further comprising the steps of:
 sending requests via the form that asks another user for their best price, service, and convenience terms;   recording, transmitting, and storing the best price, service, and convenience terms;   asking a user if they give back and the giveback terms;   sending out requests to a plurality of users that may want to respond;   tracking all responses; and   allowing users to lock in the best price, service, and convenience terms.   
     
     
         18 . The method of  claim 17 , further comprising the steps of:
 requesting financing terms from a plurality of users that may be interested in the transaction based on the give back terms;   matching buyers and sellers by what the seller is willing to contribute to the transaction;   storing the givebacks and credits until it accumulates to a designated amount; and   transferring the accumulated giveback to the beneficiary which a user has chosen.   
     
     
         19 . The method of  claim 1 , further comprising the steps of:
 establishing a self-supported campaign by a user;   automatically taking a small amount of currency during a financial transaction for purchases;   storing the accumulated currency for a period of time until it accumulates to a given amount; and   automatically making a pre-defined purchase.   
     
     
         20 . The method of  claim 1 , further comprising the steps of:
 establishing a campaign by a user;   automatically taking a small amount of currency during a financial transaction for donation to the campaign;   storing the accumulated currency until a predetermined amount is reached;   contacting the campaign when the predetermined amount is reached;   sending the accumulated currency to the campaign beneficiary;   generating a deduction receipt; and   delivering the deduction receipt to the user for tax deduction purposes.   
     
     
         21 . The method of  claim 1 , further comprising the steps of:
 establishing a self-supported campaign for product and service sales with payments until a payment goal is reached by a user;   automatically taking a small amount of currency during a financial transaction for purchases;   using the accumulated currency to make payments until the payment goal is reached; and   receiving the product or service when the payment goal is reached.   
     
     
         22 . The method of  claim 1 , further comprising the steps of:
 identifying tax deductible charities for the purpose of assisting in deductible donations by the user or business;   maintaining a database of identified tax deductible charities; and   tracking all transactions and payments made in the system to identified tax deductible charities.