POINT-OF-SALE SAVING AND INVESTING

• US 20130226719A1
• Filed: 01/15/2013
• Published: 08/29/2013
• Est. Priority Date: 02/24/2012
• Status: Abandoned Application

• Current Assignee: Harry Powell
• Original Assignee: Harry Powell
• Inventors: Powell, Harry
• Application Number:
  US13/742,129
• Publication Number:
  US 20130226719A1
• Time in Patent Office: Days
• US Class Current: 705/17
• CPC Class Codes: G06Q 20/20 Point-of-sale [POS] network systems
• CPC Class Codes: G06Q 20/204 comprising interface for record bearing medium or carrier for electronic funds transfer or payment credit
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Abstract

Various implementations of this disclosure provide apparatuses and methods for establishing, acquiring, or purchasing investment products at a POS. In some implementations, a card may be provided to facilitate the investing or saving at the POS. For example, an investment or saving card may be provided that stores information to facilitate the purchase of stock, bonds, CDs, or commodities or to facilitate the opening of a bank account. A POS terminal is configured to facilitate the purchase of stock, bonds, a CD, or commodities or to open a bank account either directly or indirectly.

Claims

1. A computer-implemented method for investing at a point-of-sale, the method comprising:

extracting information from a card at a point-of-sale wherein the card stores investing information for an investment product;

receiving funds for the purchase of the investment product at the point-of-sale; and

generating a receipt of the purchase.

2. The method of claim 1 further comprising:

purchasing the investment product at the point-of-sale.

3. The method of claim 1 further comprising:

selling the investment product at a point-of-sale.

4. The method of claim 1 further comprising:

transferring the investment product at a point-of-sale.

5. The method of claim 1 further comprising:

determining a dividend amount for the investment product at a point-of-sale wherein determining the dividend amount comprises extracting information from the receipt.

6. The method of claim 1 wherein the investment product is stock and the investing information stored on the card includes company information of a company from which stock is desired to be purchased.

7. The method of claim 6 wherein the investing information stored on the card further includes a denomination of stock to be purchased.

8. The method of claim 1 wherein the investment product is a bond.

9. The method of claim 1 wherein the investment product is a CD and the investing information stored on the card includes bank information of a bank from which a CD is desired to be purchased.

10. The method of claim 9 wherein the investing information stored on the card further includes the deposit amount for the CD to be purchased.

11. The method of claim 1 wherein the investment product is a commodity.

12. A computer-implemented method for opening a bank account at a point-of-sale, the method comprising:

extracting information from a card at a point-of-sale terminal wherein the card stores banking information for a bank account to be opened; and

generating a receipt indicating bank account details of the bank account.

14. The method of claim 14 further comprising:

receiving funds at the point-of-sale terminal and depositing the funds in the bank account.

13. The method of claim 14 further comprising:

opening the bank account at the point-of-sale terminal.

15. A investment stand comprising:

a rack to hold a plurality of cards wherein each card corresponds to at least one investment product and each card includes investment information stored on the card.

16. The investment stand of claim 15 wherein the at least one investment product is stock and the investing information stored on each card includes company information of a company from which stock is desired to be purchased.

17. The investment stand of claim 15 wherein the at least one investment product is a bond.

18. The investment stand of claim 15 wherein the at least one investment product is a CD and the investing information stored on each card includes bank information of a bank from which a CD is desired to be purchased.

19. The investment stand of claim 18 further comprising a display configured to display stock prices.

20. The investment stand of claim 17 further comprising a point-of-sale terminal configured to initiate an investment based on the plurality of cards.