Payment milestones for improved financial health

US11348092B2 · kind B2 · utility

Assignee

• Apple Inc. · US

Inventors

• Michael Artemiw · San Jose, US
• Aaron M. Melim · San Francisco, US
• Ashish C. Nagre · Sunnyvale, US
• Christine A. Franco · Menlo Park, US
• David T. Haggerty · Eden Prairie, US
• Fadi S. Obeid · Santa Clara, US
• Glen W. Steele · San Jose, US
• Katie M. McIndoe · Sunnyvale, US
• Mischa McLachlan · San Francisco, US
• Richard W. Heard · San Francisco, US
• Rima Kakarla · Mountain View, US
• Akila Suresh · San Jose, US
• Jarad M. Fisher · Millbrae, US

Key dates

• Filing date: Mar 23, 2020
• Grant date: May 31, 2022
• Expiry date: Mar 23, 2040

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q20/389
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

The disclosed technology provides enhanced financial statements such as credit statements that provide customized payment options to a customer that takes into account the total amount owed by the customer, and past payments made by the customer. The customized payment options are determined with the goal of providing more payment options that encourage financial health, while not overwhelming the customer with too many options or irrelevant options. The customized payment options can be displayed in an interactive user interface for paying a credit statement that can visually inform a user of the benefit of the respective payment options with respect to the impact of the respective payment option on the customer's financial health—at least as it pertains to a credit account for which the statement was issued.