METHOD AND APPARATUS FOR PROVIDING AND PROCESSING INSTALLMENT PLANS AT A TERMINAL
First Claim
Patent Images
1. A method, comprising:
- receiving, by a controller in communication with at least one seller and comprising at least one processor, a purchase price of a purchase and a financial account identifier specifying a financial account;
offering, by the controller to a purchaser, at least one installment plan offer for the purchase;
receiving, by the controller, a selection signal indicative of acceptance of one of the at least one installment plan offer;
determining, by the controller, an installment charge amount to include in at least two generated bills for the financial account;
determining, by the controller, a plurality of individual charges, each individual charge being for a respective purchase price of a purchase applied to the financial account in one charge; and
generating, by the controller, a bill for the financial account, the bill including;
the plurality of individual charges for the respective purchase prices, andat least one installment charge amount, the at least one installment charge amount including the determined installment charge amount.
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Abstract
According to some embodiments, a central controller receives a selection signal. If the selection signal indicates acceptance of any installment plan, use of the accepted installment plan for the financial account is authorized. Thereafter, bills may be generated that reflect installment charges to be paid.
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Citations
24 Claims
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1. A method, comprising:
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receiving, by a controller in communication with at least one seller and comprising at least one processor, a purchase price of a purchase and a financial account identifier specifying a financial account; offering, by the controller to a purchaser, at least one installment plan offer for the purchase; receiving, by the controller, a selection signal indicative of acceptance of one of the at least one installment plan offer; determining, by the controller, an installment charge amount to include in at least two generated bills for the financial account; determining, by the controller, a plurality of individual charges, each individual charge being for a respective purchase price of a purchase applied to the financial account in one charge; and generating, by the controller, a bill for the financial account, the bill including; the plurality of individual charges for the respective purchase prices, and at least one installment charge amount, the at least one installment charge amount including the determined installment charge amount. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8)
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9. A non-transitory computer readable medium storing instructions configured to direct a computing device to perform:
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receiving, by a controller in communication with at least one seller and comprising at least one processor, a purchase price of a purchase and a financial account identifier specifying a financial account; offering, by the controller to a purchaser, at least one installment plan offer for the purchase; receiving, by the controller, a selection signal indicative of acceptance of one of the at least one installment plan offer; determining, by the controller, an installment charge amount to include in at least two generated bills for the financial account; determining, by the controller, a plurality of individual charges, each individual charge being for a respective purchase price of a purchase applied to the financial account in one charge; and generating, by the controller, a bill for the financial account, the bill including; the plurality of individual charges for the respective purchase prices, and at least one installment charge amount, the at least one installment charge amount including the determined installment charge amount. - View Dependent Claims (10, 11, 12, 13, 14, 15, 16)
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17. An apparatus, comprising:
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a processor; and a storage device operatively coupled to the processor, the storage device containing instructions configured to direct the processor to; receiving a purchase price of a purchase and a financial account identifier specifying a financial account; offering at least one installment plan offer for the purchase; receiving a selection signal indicative of acceptance of one of the at least one installment plan offer; determining an installment charge amount to include in at least two generated bills for the financial account; determining a plurality of individual charges, each individual charge being for a respective purchase price of a purchase applied to the financial account in one charge; and generating a bill for the financial account, the bill including; the plurality of individual charges for the respective purchase prices, and at least one installment charge amount, the at least one installment charge amount including the determined installment charge amount. - View Dependent Claims (18, 19, 20, 21, 22, 23, 24)
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Specification