System And Method To Eliminate Receiving Coins As Cents Due Less Than One Dollar

Abstract

A system and method are provided for facilitating a transaction between a customer and a merchant in which a cash change amount between 1¢ and 99¢ is due the customer. According to an aspect of the disclosure, a method includes the steps of receiving information regarding an account associated with a customer, a merchant and a tracking fee amount; charging a tracking fee to an account associated with a customer; and crediting the tracking fee to an account associated with a merchant. Subsequently, an amount given by the sum of the amount of credit purchased and the tracking fee is credited to an account associated with a customer and charged to an account associated with a merchant. Accounts associated with a customer and a merchant are typically maintained electronically, and the charging and crediting are performed by a computing device. The credit purchase amount and tracking fee are equal.

Dependencies are inferred from the claim text.