Method and Apparatus to Increase a Cash Line Limit

• US 20130211892A1
• Filed: 02/14/2013
• Published: 08/15/2013
• Est. Priority Date: 02/14/2012
• Status: Active Application

• Current Assignee: Kabbage Inc. (American Express Company)
• Original Assignee: Kabbage Inc. (American Express Company)
• Inventors: Frohwein, Rob, Deus, Troy
• Application Number:
  US13/767,161
• Publication Number:
  US 20130211892A1
• Time in Patent Office: Days
• US Class Current: 705/14.16
• CPC Class Codes: G06Q 30/00 Commerce
• CPC Class Codes: G06Q 30/0214 Referral reward systems
• CPC Class Codes: G06Q 50/01 Social networking

Abstract

A method, apparatus, and computer readable storage to provide a cash line from a cash provider to a user in which the user is permitted to withdraw cash from the cash line. The cash line can be automatically increased by the user taking certain actions, such as the user friending the cash provider on a social networking site such as FACEBOOK. The cash line can also be increased if the user provides an email address of a user'"'"'s friend and that friend actually signed up with the cash provider and receives their own cash line.

Claims

1. A computer implemented method, comprising:

performing, on one or more electronic processors, the following operations;

approving, by a cash provider, a user for a cash line wherein the user is permitted to receive cash up to the cash line;

causing an offer to be displayed on an electronic output device associated with a user'"'"'s computer, the offer being to increase the cash line when the user takes a particular action comprising associating the user'"'"'s social networking account with the cash provider;

determining that the user has taken the particular action; and

automatically increasing the cash line.

2. The method as recited in claim 1, wherein the particular action comprises the user using the user'"'"'s FACEBOOK account to friend the cash provider.

3. The method as recited in claim 1, wherein the particular action comprises the user using the user'"'"'s GOOGLE+ account to friend the cash provider.

4. The method as recited in claim 1, wherein the particular action comprises the user using the user'"'"'s TWITTER account to follow the cash provider.

5. The method as recited in claim 1, wherein the particular action comprises the user using the user'"'"'s LINKEDIN account to connect to the cash provider.

6. A computer implemented method, comprising:

performing, on one or more electronic processors, the following operations;

approving, by a cash provider, a user for a cash line wherein the user is permitted to receive cash up to the cash line;

causing an offer to be displayed on an electronic output device associated with a user'"'"'s computer, the offer being to increase the cash line when a sequence is completed, the sequence comprising the user referring a friend of the user and the friend registering with the cash provider;

determining that the user has taken the particular action; and

automatically increasing the cash line.

7. The method as recited in claim 6, wherein the sequence further comprises the friend being approved for a cash line.

8. The method as recited in claim 7, wherein the sequence further comprises the friend receiving cash from the cash provider.

9. The method as recited in claim 6, wherein a predetermined plurality of friends of the user must complete the sequence before performing the automatically increasing the cash line.

10. A computer implemented method, comprising:

performing, on one or more electronic processors, the following operations;

approving, by a cash provider, a user for a cash line wherein the user is permitted to receive cash up to the cash line;

causing an offer to be displayed on an electronic output device associated with a user'"'"'s computer, the offer being to increase the cash line when a sequence is completed, the sequence comprising the user referring a friend of the user and the friend successfully completing a sequence;

determining that the user has taken the particular action;

determining that the friend successfully completed the sequence; and

automatically increasing the cash line of the user.

11. The method as recited in claim 10, wherein the sequence is the friend liking a page associated with the cash provider.

12. The method as recited in claim 10, wherein the sequence is the friend registering with the cash provider.

13. The method as recited in claim 10, wherein the sequence is the friend registering with the cash provider and receiving a cash line.

14. The method as recited in claim 10, wherein the sequence must be completed a predetermined number of times by a different respective friend of the user before performing the automatically increasing the cash line of the user.