Methods, systems, and computer readable media for electronically facilitating streaming payments

US11416837B2 · kind B2 · utility

Assignee

• MASTERCARD INTERNATIONAL INCORPORATED · US

Inventors

• Marek Kurylko · Bloomfield, US
• Eugene Reda · Little Falls, US
• Skyler Fox · Park Ridge, US

Key dates

• Filing date: Nov 26, 2019
• Grant date: Aug 16, 2022
• Expiry date: Mar 29, 2040

Classification

• Technology area (CPC H): Electricity
• CPC primary: H04W4/24
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Methods, systems, and computer readable media for electronically facilitating streaming payments are provided. An exemplary method includes receiving a request to access protected media content hosted by a content provider, determining a minimum currency increment based on a user designated payment type, and establishing a predefined content increment that corresponds to the protected media content. The method further includes determining a minimum session expense ratio based on the minimum currency increment and the predefined content increment, initiating a user session that permits access to the protected media content, and determining a quantification of protected media content that is consumed at a termination of the user session. The method also includes using the minimum session expense ratio and the quantification to determine an on-demand streaming payment amount and utilizing the user designated payment type to determine a manner of routing the on-demand streaming payment amount to a payment processing entity that is configured to facilitate a payment transaction.