Patent ID: 9691060
Date: 2017-06-27
CPC Classifications: G06Q

Claim:
1. A point-of-sale (“POS”) system comprising: a remote computer; a dynamically configurable POS terminal at a location of a merchant, the POS terminal comprising a transceiver and is configured to activate a first electronic communication channel and transmit to the remote computer over the first channel using the transceiver, at least one of a plurality of credit card transactions initiated by customers of the merchant to pay the merchant for a plurality of purchases; and a credit card for initiating at least one of the plurality of credit card transactions at the POS terminal for an amount less than ten dollars, the credit card comprising: wherein: the adjusted surcharge amount added to each of the second purchase values by the merchant is less than or equal to the interchange fee imposed on the merchant to obtain the funds corresponding to each of the plurality of second purchase values.