METHODS AND SYSTEMS FOR FACILITATING AND MONITORING CHARITABLE DONATIONS BASED ON PAYMENT CARD LOYALTY CONTRIBUTIONS
First Claim
1. A method for monitoring financial transactions of a charity comprising:
- employing one or more processors for;
receiving charity purchase information of a financial transaction of a charity;
retrieving charity profile information;
retrieving charity compliance rules;
determining whether the financial transaction of a charity complies with the charity compliance rules; and
,if the financial transaction of the charity does not comply with the charity compliance rules, alerting a donating party of the lack of compliance.
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Accused Products
Abstract
A charitable donation system that facilitates and monitors charitable donation based on payment card loyalty contributions is disclosed. A simple web-based tool that allows people to join as members, authorize their loyalty contributions offered by payment card companies to be used for charitable donations, and to select which charity the member chooses to receive the loyalty contributions. The loyalty contributions are provided to the member-selected charity in the form of a pre-paid debit card which may only be used for direct, authorized purchases. The charitable donation system monitors and analyzes the charity'"'"'s purchases and provides purchase information associated with the charity'"'"'s purchase to the member. The charitable donation system provides a potentially, long-term stream of contributions which may continue indefinitely without further member involvement.
6 Citations
20 Claims
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1. A method for monitoring financial transactions of a charity comprising:
employing one or more processors for; receiving charity purchase information of a financial transaction of a charity; retrieving charity profile information; retrieving charity compliance rules; determining whether the financial transaction of a charity complies with the charity compliance rules; and
,if the financial transaction of the charity does not comply with the charity compliance rules, alerting a donating party of the lack of compliance. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12)
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13. A charitable donation system, comprising:
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a memory comprising charity profile information and charity compliance rules; a processor operably connected to the memory and a credit card processing system, the processor configured for; receiving charity purchase information of a financial transaction of a pre-paid card issued to a charity; retrieving charity profile information; retrieving charity compliance rules; determining whether the financial transaction of a charity complies with the charity compliance rules; and
,if the financial transaction of the charity does not comply with the charity compliance rules, alerting a donating party of the lack of compliance. - View Dependent Claims (14, 15, 16)
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17. A charitable donation system, comprising:
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a memory comprising charity profile information and charity compliance rules; a processor operably connected to the memory and configured for; processing credit card transactions with merchants; receiving charity purchase information of a financial transaction of a charity; retrieving charity profile information; retrieving charity compliance rules; determining whether the financial transaction of a charity complies with the charity compliance rules; and
,if the financial transaction of the charity does not comply with the charity compliance rules, alerting a donating party of the lack of compliance. - View Dependent Claims (18, 19, 20)
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Specification