Patent ID: 8781923

Claim:
A method of collecting, reconciling and storing a single user's transactions across a plurality of service institutions without requiring the user to independently access each of the plurality of service institutions, comprising: registering an electronic transaction device with a transaction service provider; registering a plurality of accounts corresponding to a plurality of service institutions with the transaction service provider; receiving from the electronic transaction device at the transaction service provider transaction data for at least one of a plurality of transactions conducted via the transaction device through the plurality of service institution accounts held by a user at a plurality of service institutions; maintaining with the transaction service provider a client database that includes user confidential information, the received transaction data, and service institution account information for a plurality of users; coupling a plurality of service institutions to the transaction service provider server over a network, the plurality of service institutions corresponding to at least the one of the plurality of service institution accounts held by a user, wherein service institution information is accessible by the transaction service provider server from a database that includes service or product information for at least a portion of the plurality of coupled service institutions; retrieving over the network transaction data from each of the plurality of coupled service institutions for accounts held by the user at each coupled service institution; and comparing the received transaction data from the plurality of service institutions with the received transaction data from the electronic transaction device stored in the client database.