Method and system for circulating and redeeming credits according to a decumulation program
First Claim
1. A method of managing and circulating credits within the members of a credit circuit, an amount of credits being issued by a participant enrolled in a first category of the circuit to at least one participant enrolled in a second category of the circuit, said issue being based on transaction data, wherein the credits are subject to an automatic transfer process according to a time-based algorithm.
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Accused Products
Abstract
A method of managing and circulating credits within the members of a credit circuit, an amount of credits being issued by a participant enrolled in a first category of the circuit to at least one participant enrolled in a second category of the circuit, the issue being based on transaction data, wherein the credits are subject to an automatic transfer process according to a time-based algorithm.
13 Citations
34 Claims
- 1. A method of managing and circulating credits within the members of a credit circuit, an amount of credits being issued by a participant enrolled in a first category of the circuit to at least one participant enrolled in a second category of the circuit, said issue being based on transaction data, wherein the credits are subject to an automatic transfer process according to a time-based algorithm.
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34. A system for managing and circulating credits within the members of a credit circuit, comprising means for enrolling participants, means for assigning the participants to a category and for assigning one or more credit accounts of different types to each of the participants, means for transferring credits from a first account to a second account according to transaction data, and means for automatically transferring credits from an account of a type to an account of a type according to a time-based algorithm.
Specification