US Patent 7970669 Method and system for store-to-consumer transaction management

The invention provides a method for capturing, tracking and managing a transaction of a user at an advanced Point-of-Sale (POS) register. The method steps include obtaining transaction data of the transaction from the POS register using a mobile device and managing POS-based expenditures of the user using the transaction data including a transaction amount, a payment type of the transaction, and relevant bank or credit card account information for the method of payment used by the user. Managing POS-based expenditures may include generating a real-time balance of the account based on the transaction data and presenting the real-time balance of the account to the mobile device.