Methods and systems for generating dynamic reward currency values
First Claim
1. A computer implemented method for determining payment values for currency components of at least one payment pair comprising a non-monetary currency component and a monetary currency component, wherein the payment pair is used in the purchase of goods and services, the method comprising:
- retrieval, by a computing device, data representative of at least one attribute associated with the goods and services being purchased; and
the computing device generating, based upon the attributes retrieved, data representative of values for the currency components of the at least one payment pair, wherein a unit value of the units comprising the non-monetary currency component is dynamic, varying along a payment continuum in response to processing of data representative of the at least one attribute associated with the goods or services being purchased and data representative of the amount of the monetary currency component of the payment pair.
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Abstract
Systems and methods are disclosed for generating payment values of goods and services (rewards). The disclosed systems and methods may include receiving an input. Furthermore, the disclosed systems and methods may include dynamic calculating, based upon the received input, a plurality of payment pairs, each of the plurality of payment pairs comprising any (including a plurality of) non-monetary currency value and/or any monetary currency value (between 0% and 100% respectively 100% and 0%).
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Citations
27 Claims
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1. A computer implemented method for determining payment values for currency components of at least one payment pair comprising a non-monetary currency component and a monetary currency component, wherein the payment pair is used in the purchase of goods and services, the method comprising:
- retrieval, by a computing device, data representative of at least one attribute associated with the goods and services being purchased; and
the computing device generating, based upon the attributes retrieved, data representative of values for the currency components of the at least one payment pair, wherein a unit value of the units comprising the non-monetary currency component is dynamic, varying along a payment continuum in response to processing of data representative of the at least one attribute associated with the goods or services being purchased and data representative of the amount of the monetary currency component of the payment pair. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
- retrieval, by a computing device, data representative of at least one attribute associated with the goods and services being purchased; and
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10. A system for determining the value of at least one currency component of a payment pair used to purchase goods or services, wherein the payment pair is comprised of data representative of a non-monetary currency component and a monetary currency component, the system comprising:
- a memory storage for maintaining a database; and
a processing unit coupled to the memory storage, wherein the processing unit is configured to receive an input of data including data representative of a first component of the payment pair and at least one attribute relating to the goods or services purchased, said processing unit being further configured to generate, based upon the received input, data representative of a second component of the at least one payment pair, wherein the respective value of the second component of the payment pair is not directly proportional to the first component of the payment pair, and wherein a unit value of the units comprising the non-monetary currency component is dynamic, varying along a payment continuum in response to processing of data representative of the at least one attribute associated with the goods or services being purchased and data representative of the amount of the monetary currency component of the payment pair. - View Dependent Claims (11, 13, 14, 15, 16)
- a memory storage for maintaining a database; and
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12. A system for determining the value of at least one currency component of a payment pair used to purchase goods or services, wherein the payment pair is comprised of data representative of a non-monetary currency component and a monetary currency component, the system comprising:
- a memory storage for maintaining a database; and
a processing unit coupled to the memory storage, wherein the processing unit is configured to receive an input of data including data representative of a first component of the payment pair and at least one attribute relating to the goods or services purchased; and
generate, based upon the received input, data representative of a second component of the at least one payment pair, wherein the respective value of the second component of the payment pair is not directly proportional to the first component of the payment pair, wherein the processing unit being configured to generate at least one payment pair is further configured to calculate the non-monetary currency value based upon the following equation;
- a memory storage for maintaining a database; and
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17. A computer-readable medium which stores a set of instructions which when executed performs a method for determining values for currency components of at least one payment pair comprising a non-monetary currency component and a monetary currency component, wherein the payment pair is used in the purchase of goods and services, the method executed by the set of instructions comprising:
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retrieving data representative of at least one attribute associated with the goods and services being purchased and receiving data representative of at least one of the non-monetary currency component and the monetary currency component; and generating at least one set of currency components of the payment pair, based upon the received input and the data representative of the at least one attribute, wherein a unit value of the units comprising the non-monetary currency component is dynamic, varying along a price continuum in response to processing of data representative of the at least one attribute associated with the goods or services being purchased and data representative of the amount of the monetary currency component of the payment pair. - View Dependent Claims (18, 19, 20, 21, 22, 23, 24)
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25. A method for determining values for currency components of at least one payment pair which when combined provide a dynamic currency, the payment pair comprising a non-monetary currency component and a monetary currency component that is used in a purchase of goods and services, the method comprising:
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a computing device receiving an input of data, wherein the data received is representative of at least one attribute associated with the purchase of goods and services; and the computing device generating, based upon the input received, data representative of values of the at least one payment pair, wherein the non-monetary currency component generated is dependent upon a non-monetary currency unit value generated, wherein the unit value generated is dynamic, varying along a monetary price continuum ranging from zero up to the price of the goods and services being purchased, the dynamic unit value generated being dependent upon an input of data representative of the monetary currency component of the payment pair.
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26. A method for determining payment values for currency components of at least one payment pair comprising a non-monetary currency component and a monetary currency component, wherein the payment pair is used in the purchase of goods and services, the method comprising:
- receiving an input of data from a first computing device, wherein the data received includes data representative of at least one attribute associated with the goods and services being purchased; and
generating by a second computing device, based upon the received input, data representative of values for the currency components of the at least one payment pair, wherein a unit value of the units comprising the non-monetary currency is dynamic and varies in response to data received from the first computing device, wherein generating values for the currency components of the at least one payment pair further comprises, calculating the non-monetary currency component value based upon the following equation;
- receiving an input of data from a first computing device, wherein the data received includes data representative of at least one attribute associated with the goods and services being purchased; and
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27. A computer-readable medium which stores a set of instructions which when executed performs a method for determining values for currency components of at least one payment pair comprising a non-monetary currency component and a monetary currency component, wherein the payment pair is used in the purchase of goods and services, the method executed by the set of instructions comprising:
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receiving an input of data from a computing device wherein the data received includes data representative of at least one attribute associated with the goods and services being purchased and data representative of at least one of the non-monetary currency component and the monetary currency component; and generating at least one set of currency components of the payment pair, based upon the received input, wherein a unit value of the units comprising the non-monetary currency component is determined and said unit value varies in response to said data received from the computing device, wherein generating the at least one set of payment pair values further comprises, calculating the non-monetary component value based upon the following equation;
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Specification