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Method and apparatus for selling subscriptions to periodicals in a retail environment

  • US 6,334,112 B1
  • Filed: 05/05/1998
  • Issued: 12/25/2001
  • Est. Priority Date: 05/05/1997
  • Status: Expired due to Term
First Claim
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1. A method of processing a subscription payment, comprising the steps of:

  • receiving a payment for a subscription to a periodical at a point-of-sale terminal;

    determining a cost for a single issue of the periodical;

    transmitting a payment corresponding to the cost to a periodical wholesaler;

    determining a first amount to be retained from a balance of the payment based on the determination of the single issue cost;

    retaining the determined first amount ; and

    transmitting a remaining balance of the payment to a retail subscription system.

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