Post-purchase credit offer and tender switch

US12229743B2 · kind B2 · utility

Assignee

• Synchrony Bank · US

Inventors

• Michael Storiale · Rocky Hill, US
• Lisa Hammond · Alpharetta, US
• William Kievit · Stamford, US
• Tiffanie Terry · Charlotte, US
• Carter Hudson · Charlotte, US
• Jake Miller · San Francisco, US

Key dates

• Filing date: Dec 27, 2023
• Grant date: Feb 18, 2025
• Expiry date: Dec 27, 2043

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/03
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Disclosed embodiments may provide a framework to implement post-purchase tender switches. For example, following a transaction made with a particular payment instrument, a customer may be offered the ability to apply for a preferred payment instrument and/or to switch his or her tender type to the preferred payment instrument for the previous transaction.