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US 2025/0053939 A1Published application
Transacting systems and methods for nil collectives
AssigneeStashlete, Inc.
InventorMelissa Seigler
Life of this patent
Estimating the term…
Abstract
Systems and methods for transacting funds to one or more organizations is provided. In some aspects systems and methods can include retrieving a set of transactions for a user, performing, for each transaction in the set of transactions a roundup, generating a total roundup amount for the user, and disbursing the total roundup amount to a set of organizations defined in an allocation distribution scheme.
Claims10
A system for transacting funds to an organization, the system comprising:
- a computing device, equipped with a user input device and a display device;
- and
- a software application held on memory of the computing device, the software application comprising:
- a transaction engine, configured to retrieve a set of transactions associated with a user;
- a roundup engine, wherein the roundup engine performs a series of roundups on the set of transactions and generates sum totals for each organization in a set of organizations defined by the user;
- and
- a distribution engine, wherein the distribution engine distributes funds to each organization based on the sum totals for each organization.
4 more elements
A computer-implemented method for transacting funds to organizations, the method comprising:
- retrieving a set of transactions for a user;
- performing, for each transaction in the set of transactions, a roundup;
- generating a total roundup amount for the user;
- charging the user the total roundup amount and storing the total roundup amount in a holding account;
- and
- disbursing the total roundup amount to a set of organizations based on an allocation distribution associated with the user.
3 more elements
Dependencies are inferred from the claim text.