US 6,983,261 B1 | ||
System and method for causing multiple parties to be paid from a single credit card transaction | ||
Paul A. Francisco, Loch Arbour, N.J. (US); and Frederick J. Petschauer, Belmar, N.J. (US) | ||
Assigned to TaxNet Systems, Inc., Spring Lake, N.J. (US) | ||
Filed on Nov. 02, 1999, as Appl. No. 9/431,616. | ||
Application 09/431616 is a continuation in part of application No. 09/195105, filed on Nov. 18, 1998. | ||
Application 09/195105 is a continuation in part of application No. 08/726928, filed on Oct. 07, 1996, granted, now 5,875,433. | ||
Application 08/726928 is a continuation in part of application No. 08/438890, filed on May 10, 1995, granted, now 5,799,283. | ||
This patent is subject to a terminal disclaimer. | ||
Int. Cl. G06F 17/60 (2006.01) |
U.S. Cl. 705—39 | 6 Claims |
1. A system for making payments to a plurality of third party payees from a single credit card purchase in which a credit
card is used, the system comprising:
at least one computer located at a merchant or retailer location, the computer including software therein for calculating
commissions and other fees due to third parties from a credit card purchase;
said at least one computer including means for causing multiple party payment information indicating to whom payments are
due from the credit card purchase to a credit card company; and
means for enabling one of the credit card company and the at least one computer to pay fees due to a plurality of third parties
from the credit card purchase based upon the multiple party payment information received by the credit card company from the
merchant or retailer.
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