×

Public transit system fare processor for multi-balance funding

DC CAFC
  • US 8,505,816 B2
  • Filed: 10/05/2012
  • Issued: 08/13/2013
  • Est. Priority Date: 12/07/2006
  • Status: Expired due to Fees
First Claim
Patent Images

1. A method of funding transit rides associated with at least one public transit network, from a plurality of funding sources, the method comprising:

  • configuring a processor, associated with the at least one public transit network, wherein configuring the processor comprises;

    storing, in memory, a plurality of balance classes;

    storing, in the memory, at least one rule for a prioritization of the balance classes;

    storing, in the memory, at least one fare rule; and

    maintaining, in the memory, a transit account and a respective plurality of balances; and

    processing a bankcard presentation record, wherein the bankcard presentation record comprises an identifier to the transit account, and wherein processing the bankcard presentation record comprises;

    receiving the bankcard presentation record at the processor;

    searching the memory for the transit account identified by the identifier in the bankcard presentation record;

    inferring, from at least one of the at least one fare rules, a resultant fare;

    selecting a balance from the plurality of balances for the transit account by using at least one of the at least one rule for the prioritization of the balance classes; and

    accounting for a fare by applying the fare to the selected balance.

View all claims
  • 0 Assignments
Timeline View
Assignment View
    ×
    ×