System and method for accumulating funds into an aggregate account for transacting triggered purchases

A method for accumulating funds into an aggregate account for transacting triggered purchases, the method comprising:

• registering to create a profile;
• selecting at least one item to purchase in a future transaction;
• linking a payment means to an aggregate account;
• performing an initial transaction through the payment means;
• rounding up the cost of the transaction to a rounded up monetary unit;
• transferring the difference between the cost of the initial transaction and the rounded up monetary unit amount to the aggregate account;
• triggering the future transaction based on at least one predetermined criteria;
• paying for the future transaction from the aggregate account;
• specifying an additional monetary unit to be deducted from an outside account, and added to the aggregate account for the future transaction, whereby the additional monetary unit is in addition to the rounded up monetary unit;
• interacting with a social network;
• and
• charging a fee in addition to the future transaction.

A system for accumulating funds into an aggregate account for transacting triggered purchases, the system comprising:

• a user operable to make an initial transaction for at least one item;
• a merchant operable to perform the initial transaction with the user for a cost of the initial transaction, whereby the cost of the initial transaction is rounded up to a monetary unit;
• an aggregate account configured to receive the difference between the cost of the initial transaction and the rounded up monetary unit amount;
• an account server operatively linked to the aggregate account, the account server configured to control and transfer the difference between the cost of the initial transaction and the rounded up monetary unit amount in the aggregate account;
• and
• a future merchant operable to perform a future transaction with the user, whereby the future transaction is funded from the aggregate account.