Personal point of sale commission rate benchmarking tool
US8065216B2 · kind B2 · utility
0Cited by
8References
22Claims
0Family size
Assignee
Inventors
Key dates
| Filing date | Jan 23, 2009 |
| Grant date | Nov 22, 2011 |
| Priority date | — |
| Expiry date | Mar 27, 2030 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q50/188
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
The invention provides a method of displaying an evaluation tool for evaluating a proposed commission on behalf of a professional at the time of carrying out a transaction. Using a principal and share/unit price for the proposed transaction, the method identifies nearest neighbour historical transactions. A graph is displayed showing the professional's proposed commission in relation to these nearest neighbour historical transactions. The professional can modify the proposed commission in light of the historical data before executing the transaction and charging the commission.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.