JOSEPH A SPADARO
Vehicle Board in Greenville, NC

License number
Pennsylvania MV207458
Category
Vehicle Board
Type
Vehicle Salesperson
Address
Address 2
Greenville, NC 27834
Pennsylvania

Professional information

Joseph Spadaro Photo 1

System And Method For Facilitating Automobile Purchase Payments

US Patent:
2007028, Dec 13, 2007
Filed:
Aug 15, 2006
Appl. No.:
11/505052
Inventors:
Eric Gerard - Largo FL, US
Joseph Spadaro - Greenville NC, US
Sean Marra - St. Petersburg FL, US
International Classification:
G06Q 40/00
US Classification:
705 39
Abstract:
A system and method of facilitating the sale of an item is disclosed. A master account that is accessible to a vendor of the item is established. The master account is established upon receiving a request to open the master account from the vendor of the item. A customer account that is accessible to a customer who purchases the item can also be established. The customer account can be established upon receiving a request to open the customer account from the vendor of the item. Funds from a purchase rebate on the sale of the item are received and are deposited into the master account. A portion of the funds is periodically transferred to the customer account.