Credit allocation system

• US 10,497,208 B2
• Filed: 10/12/2010
• Issued: 12/03/2019
• Est. Priority Date: 02/25/2004
• Status: Active Grant

• Current Assignee: CFPH LLC (Cantor Fitzgerald, L.P.)
• Original Assignee: CFPH LLC (Cantor Fitzgerald, L.P.)
• Inventors: Asher, Joseph M., Bahrampour, Robert F.
• Primary Examiner(s): D'Agostino, Paul A
• Application Number:
  US12/903,112
• Publication Number:
  US 20110029399A1
• Time in Patent Office: 3,339 Days
• CPC Class Codes: G06Q 20/102 Bill distribution or payments
• CPC Class Codes: G06Q 20/3224 Transactions dependent on location of M-devices
• CPC Class Codes: G06Q 20/40 Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
• CPC Class Codes: G06Q 30/0601 Electronic shopping [e-shopping]
• CPC Class Codes: G06Q 40/12 Accounting
• CPC Class Codes: G07F 17/32 for games, toys, sports, or amusements
• CPC Class Codes: G07F 17/3218 wherein at least part of the system is portable
• CPC Class Codes: G07F 17/3237 about the players, e.g. profiling, responsible gaming, strategy/behavior of players, location of players
• CPC Class Codes: G07F 17/329 Regular and instant lottery, e.g. electronic scratch cards

Abstract

A system and method for determining credit for a sale is provided. The system determines a location of the electronic communication device at the time of the sale. The system determines, for each of a plurality of retailers, a distance between (a) the location of the electronic communication device at the time of the sale and (b) a location of the respective retailer. The system determines the credit based at least partially on the determined distance between the location of the electronic communication device at the time of the sale and the location of each respective retailer. The system provides the credit to the one or more retailers.

Claims

1. A method comprising:

receiving, by at least one processor, a location determination signal from a mobile electronic communication device over a communication network, in which the location determination signal is from using at least one of network-based technology or satellite-based technology;

controlling, by the at least one processor, enabling and disabling a sale activity using the mobile electronic communication device, based on whether a location of the mobile electronic communication device determined from the location determination signal is within a predefined zone;

while the location is determined to be within the predefined zone, enabling, by the at least one processor, the sale activity using the mobile electronic communication device, in which the sale activity using the mobile electronic communication device is disabled when the location is determined to be outside the predefined zone;

determining, by the at least one processor, for each of a plurality of retailers, a distance between (a) a location of the mobile electronic communication device at a time of a sale using the mobile electronic communication device when the sale activity is enabled, the location of the mobile electronic communication device at the time of sale determined from the location determination signal, and (b) a location of the respective retailer;

determining, by the at least one processor, a respective credit for each of the plurality of retailers based at least partially on the determined distance between the location of the mobile electronic communication device at the time of the sale and the location of each respective retailer; and

causing the respective credit to be provided to each of the plurality of retailers.

2. The method of claim 1, wherein the determining the respective credits comprises:

determining, based on the determined distance between (a) the location of the mobile electronic communication device at the time of the sale and (b) the location of each respective retailer, one or more of the plurality of retailers that are within a predetermined range of the location of the mobile electronic communication device at the time of the sale.

3. The method of claim 1, wherein the credits provided to the plurality of retailers are equal in value.

4. The method of claim 1, wherein the determining the respective credits comprises:

determining a sales commission for the sale; and

dividing the sales commission among the plurality of retailers according to predetermined percentages based on the determined distance between (a) the location of the mobile electronic communication device at the time of the sale and (b) the location of each respective retailer.

5. The method of claim 1, wherein the determining the respective credits comprises:

determining a sales commission for the sale; and

prorating the sales commission among the one or more retailers based on the determined distance between (a) the location of the mobile electronic communication device at the time of the sale and (b) the location of each respective retailer.

6. The method of claim 1, further comprising sending, by the at least one processor, a message to a user of the mobile electronic communication device, in which the message comprises at least one of a promotion or a confirmation of the sale.

7. The method of claim 1, further comprising:

receiving, by the at least one processor, purchase information from the mobile electronic communication device,

wherein the purchase information comprises a code, and

wherein the determining the respective credits is performed based at least in part on the code.

8. The method of claim 1, further comprising receiving, by the at least one processor, purchase information from the mobile electronic communication device, wherein:

the purchase information comprises a code;

the code is associated with an entity; and

a credit associated with the sale is provided to the entity.

9. The method of claim 8, wherein the entity is an advertiser.

10. The method of claim 8, wherein the entity is a media provider.

11. The method of claim 10, wherein the code is provided on media distributed by the media provider.

12. The method of claim 1, further comprising:

in which the sale activity using the mobile electronic communication device is enabled based on a determination that the location of the mobile electronic communication device determined from the location determination signal is within a certain predetermined distance from a predetermined second location.

13. The method of claim 12, wherein the predetermined second location corresponds to the location of an advertisement.

14. The method of claim 1, wherein the sale is a sale of a lottery ticket.

15. The method of claim 1, wherein the sale comprises at least one of a sale of a contest entry, a sale of a security, a sale of an investment instrument, or a sale of services.

16. The method of claim 1,

in which the determining the respective credits comprises:

determining a shortest distance between (i) the mobile electronic communication device at the time of the sale and (ii) the plurality of retailers; and

determining the credits based at least in part on the determined shortest distance.

17. The method of claim 1, further comprising:

executing at least one contest activity,

in which the at least one contest activity comprises determining the location of the mobile electronic communication device at the time.

18. An apparatus, comprising:

at least one processor; and

a memory that stores instructions which, when executed by the at least one processor, direct the at least one processor to perform a method comprising;

receiving a location determination signal from a mobile electronic communication device over a communication network, in which the location determination signal is from using at least one of network-based technology or satellite-based technology;

controlling enabling and disabling a sale activity using the mobile electronic communication device, based on whether a location of the mobile electronic communication device determined from the location determination signal is within a predefined zone;

while the location is determined to be within the predefined zone, enabling the sale activity using the mobile electronic communication device, in which the sale activity using the mobile electronic communication device is disabled when the location is determined to be outside the predefined zone;

determining, for each of a plurality of retailers, a distance between (i) a location of the mobile electronic communication device at a time of purchase of one or more contest entries using the mobile electronic communication device when the sale activity is enabled, the location of the mobile electronic communication device at the time of purchase determined from the location determination signal, and (ii) a location of the respective retailer, in which a location of each of a plurality of retailers is stored in a memory; and

determining one or more sales commissions associated with the purchase for at least one of the plurality of retailers based at least partially on the determined distances between the location of the mobile electronic communication device at the time of purchase and the respective locations of each of the at least one of the plurality of retailers.