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Systems and methods for conducting a purchase transaction of eligible goods or services using a stored value

A technology of commodities and conditions, applied in the field of stored value cards, which can solve problems such as low efficiency and inconvenience

Inactive Publication Date: 2013-05-15
E2INTERACTIVE INC D B A E2INTERACTIVE
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

As retailers evolve more into one-stop shopping facilities (e.g., Wal-Mart, which can offer pharmacies, department store items, grocery store items, and other goods or services), customers are forced to shop two (2) at a single retailer. ) purchase transactions are highly inefficient and inconvenient

Method used

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  • Systems and methods for conducting a purchase transaction of eligible goods or services using a stored value
  • Systems and methods for conducting a purchase transaction of eligible goods or services using a stored value
  • Systems and methods for conducting a purchase transaction of eligible goods or services using a stored value

Examples

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Embodiment Construction

[0022] The matters taken as examples in this description are provided to assist in a comprehensive understanding of various exemplary embodiments disclosed with reference to the accompanying drawings. Accordingly, those of ordinary skill in the art will recognize that various changes and modifications of the example embodiments described herein can be made without departing from the spirit and scope of the invention as claimed. Descriptions of well-known functions and constructions are omitted for clarity and conciseness. Furthermore, as used herein, a singular form may be interpreted as a plural form, and alternatively any term having a plural form may be interpreted as being a singular form. Reference numerals starting with "S" (for example, S100 ) indicate steps.

[0023] In general, the present invention relates to systems and methods among customers, merchants, health care providers, and processors who may be beneficiaries of (or may be on behalf of) beneficiaries of an ...

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PUM

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Abstract

The present invention is directed to systems and methods of conducting a purchase transaction of eligible goods or services using a stored value associated with an indicia. Methods in accordance with the invention may include steps of: receiving at a point-of-sale identifiers of goods or services selected for purchase and the indicia; determining if the goods or services comprise eligible goods or services; totaling the amount required for the purchase of the eligible goods or services; determining if the stored value is sufficient for purchase of the eligible goods or services; using the stored value towards the purchase of the eligible goods or services; and using an additional funding source provided by the purchaser towards the purchase of any goods or services that are not eligible goods or services. Systems may include various communication interfaces, databases, and processing modules.

Description

technical field [0001] The present invention generally relates to the use of subsidized stored-value cards to provide payment for certain licensed goods or services. In particular, the present invention relates to stored-value cards funded by healthcare providers that can be used to provide payment for licensed medications (prescription or over-the-counter (OTC)) at a retail point of sale (POS). Background technique [0002] A number of health care programs provide beneficiaries with the means to purchase certain licensed goods, typically drugs or other health-related items. One such facility is a health savings account (HSA), which is typically funded by a health care provider, such as an insurance company or Medicare. Through this health care plan, a specified amount of money is available to purchase eligible goods or services, such as medicines and health-related items. Funds with this amount of funds may be donated by the user, or may be provided by the health care pro...

Claims

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Application Information

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Patent Type & Authority Applications(China)
IPC IPC(8): G06Q50/22G06Q30/00
CPCG06Q20/34G06Q50/22G06Q20/06G06Q20/341G06Q20/387G16H40/60G06Q20/20G06Q20/28G06Q30/0633
Inventor 塞缪尔·R·科林斯罗伯特·斯基巴马克·莱昂纳多
Owner E2INTERACTIVE INC D B A E2INTERACTIVE