SYSTEM AND METHOD FOR PROVIDING COMPENSATION AND NOTIFICATION TO AN INDIVIDUAL WHEN A PARTY USES DATA RELATING THERETO

摘要

A system and method for providing compensation to an individual when a party uses data relating to him. As described in one aspect of the disclosure, a method is disclosed for compensating an individual when a party uses data that identifies him. The data may be used by the party to provide advertising media, such as a catalog, to the individual. The individual has an account with a second party and the account has a balance associated with it. The method includes the steps of receiving a request to use the identifying data from the party, updating a database based on the request to indicate that the individual is to be compensated for use of the identifying data, and transmitting an amount that the individual is to be compensated to the second party so that the account balance can be adjusted by the amount.