Patent ID: 6164533
Filing Date: 2000-12-26
Classification: G06Q,G07G

Abstract:
An article of manufacture:a computer usable code having a computer readable program code means embodied therein for automatically contributing funds from a deposit account of an individual to a savings program account of the individual based upon debit transactions made by the individual, the computer readable program code medium in said article of manufacture comprising:computer-readable program code for causing a computer to receive a signal representative of a payment amount from a third party, the payment amount corresponding to a debit transaction made by the individual from the third party,computer-readable program code for causing a computer to calculate a contribution amount to the savings program account from the deposit account, the contribution amount including a difference amount between the payment amount and a next higher whole dollar amount above the payment amount, andcomputer-readable program code for causing a computer to send a signal representative of the contribution amount to a saving program provider for initiating a transfer of funds from the deposit account to the savings program account equal to the contribution amount.