Rachel F Wells

US Patent:

20130284805, Oct 31, 2013

Filed:

Apr 1, 2013

Appl. No.:

13/854593

Inventors:

Ward Kraft, Inc. - , US
William R. Russell - Pittsburg KS, US
Jesse D. Crum - Fort Scott KS, US
Ryan Kraft - Fort Scott KS, US
Rachel E. Wells - Fort Scott KS, US

Assignee:

Ward Kraft, Inc. - Fort Scott KS

International Classification:

G07F 11/62

US Classification:

235381

Abstract:

A system for incentivizing purchases by consumers comprises a kiosk configured to appraise an item. A composition of the item is determined using an evaluating device. A cash value is associated with the item using data obtained by the evaluating device and market data obtained over a network, and an exchange value of the item is determined by subtracting a processing fee from the cash value. At least one of the cash value and the exchange value is relayed to the consumer on an output device. The consumer is asked to select via an input device between at least a first offer and a second offer in exchange for the item. A kiosk or mall booth for buying and receiving credit transaction cards, debit transaction cards, gift transaction cards, or coupons is also disclosed.