Patent ID: 8561890

Claim:
A system for monitoring commercial transactions implemented using one or more credit cards and/or debit cards in conjunction with one or more card readers and/or their associated cash registers linked in communication to a banking establishment, the system comprising: one or more modules for use with one of more printers of the one or more card readers and/or their associated cash registers for communicating information included in receipts generated in response to transactions occurring in respect of the one or more credit cards and/or debit cards executed at the one or more card readers; and computing hardware for executing in operation one or more software products for receiving information included in said receipts, for receiving from said banking establishment account information regarding one or more owners or users of said one or more credit cards and/or debit cards, and for associating information included within the receipts with the account information to generate a detailed itemized report of individual items provided in the receipts for presentation to said one or more owners or users; wherein said computing hardware is operable to associate said information included in said receipts with said account information by: comparing a subset of account identification digits included in said receipts with account numbers included in said account information; and at least one of: comparing times of transaction recorded on said receipts with time records present in said account information; and comparing total amounts debited for each transaction as recorded on said receipts and also present in said account information.