Method for Providing Donations to Third Parties During a Financial Transaction and Tracking the Details of the Financial Transactions For Donation Contributors and Recipients

Abstract

A method for embedding a socially conscious donation, contribution, payment into a transaction at the point of sale or purchase using any payment platform that accepts, debit, credit, cash, financing, donations, contributions, financial service transactions, etc. and facilitates, separates, and keeps track of the process and the transaction, including the giveback. The system and method also handles contributions to any beneficiary which could be the person making the purchase or sale or barter. The system and method utilizes a human key to make and take requests, record payments, take and certify payments between a user or plurality of users, a merchant/business, and a charity of designated beneficiary. Whereby a set amount by the parties, user, purchaser, seller, and beneficiary can be used for a donation, contribution, or payment to a beneficiary determined at the point of sale, purchase, or barter.

Description

CROSS REFERENCE TO RELATED APPLICATIONS[0001]This application claims priority from and is a continuation in part of U.S. patent application Ser. No. 12 / 459,353, entitled “Method and mechanism for protection, sharing, storage, accessing, authentication, certification, attachment and tracking anything in an electronic network”, filed on Jun. 29, 2009, which is incorporated by reference in its entirety for all purposes as if fully set forth herein.SEQUENCE LISTING OR PROGRAM[0002]Not ApplicableFEDERALLY SPONSORED RESEARCH[0003]Not ApplicableTECHNICAL FIELD OF THE INVENTION[0004]The present invention generally relates to the field of data processing systems. More specifically the present invention relates to providing financial donations to third parties and tracking the financial details of the transactions.BACKGROUND OF THE INVENTION[0005]In an effort to support communities and garner positive public opinion, many companies are offering consumer the ability to donate money during a po...

AI Technical Summary

Benefits of technology

[0021]The present invention teaches embedding a socially conscious donation, contribution, payment into a transaction at the point of sale or purchase using any payment platform that accepts, debit, credit, cash, financing, donations, contributions, financial service transactions, etc. and facilitates, separates, and keeps track of the process and the transaction, including the giveback. The system and method also handles contributions to any beneficiary with could be the person making the purchase or sale or barter. The system and method utilizes a human key to make and take requests, record payments, take and certify payments between a user or plurality of users, a merchant / business, and a charity or designated beneficiary. A set amount of the transaction can be set aside by the parties, user, purchaser, seller, and beneficiary to be used for a donation, contribution, or payment to a beneficiary at the point of sale, purchase, or barter.

Problems solved by technology

Unfortunately, many consumers dislike constantly being asked to donate to a charity while making purchases and many consumers feel a disconnect between the company requesting the donation and the charity in which they support.

Additionally, many consumers dislike not being able to track or keep track of the success of a project or charity to which they have donated.

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