Patent · US Active

Account-based data and marketplace generation

US11935024B1 · kind B1 · utility

0Cited by
9References
20Claims
0Family size

Assignee

Inventors

Key dates

Filing dateAug 21, 2020
Grant dateMar 19, 2024
Priority date
Expiry dateAug 21, 2040

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06N7/01
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

Systems and methods for generation and aggregation of point-of-sale account data and generation of a marketplace platform are disclosed. Transaction information may be utilized to value one or more businesses, and those valuations may be presented to potential buyers in a generated marketplace platform. A remote system may facilitate a sales agreement between a buying merchant and a seller merchant by, for example, transferring funds from a remote system account to the selling merchant's account and accepting repayment from the buying merchant over time. Merging of transaction information and/or user accounts pursuant to the sales agreement may also be performed.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.