System and method for simplified checkout with payment float
US9514452B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Nov 20, 2013 |
| Grant date | Dec 6, 2016 |
| Priority date | — |
| Expiry date | Nov 20, 2033 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG07G1/01
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
In various embodiments, a system and method for providing simplified checkout with payment float are provided. In example embodiments, an identifier that corresponds to a payment account of a user is received at a payment provider system. A determination is made that the identifier corresponds to a payment account of the user at the payment provider system. A determination is made to provide a float option to float payment for the user in a payment transaction involving a merchant system. A user interface providing the float option is presented to the user. If the user selects the float option, payment is floated to the user and the user agrees to pay back the floated payment within a predetermined time period.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.