Method and apparatus for providing and processing installment plans at a terminal
First Claim
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1. A method, comprising:
- receiving, by a central 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 central controller to a purchaser, at least one installment plan offer for the purchase;
receiving, by the central controller, a selection signal indicative of acceptance of one of the at least one installment plan offer;
determining, by the central controller, an installment charge amount to include in at least two generated bills for the financial account;
determining, by the central 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 central 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 indicative of acceptance of an installment plan offer for a purchase. The central controller determines an installment charge amount to include in at least two bills for a financial account. 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 central 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 central controller to a purchaser, at least one installment plan offer for the purchase; receiving, by the central controller, a selection signal indicative of acceptance of one of the at least one installment plan offer; determining, by the central controller, an installment charge amount to include in at least two generated bills for the financial account; determining, by the central 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 central 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 central 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 central controller to a purchaser, at least one installment plan offer for the purchase; receiving, by the central controller, a selection signal indicative of acceptance of one of the at least one installment plan offer; determining, by the central controller, an installment charge amount to include in at least two generated bills for the financial account; determining, by the central 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 central 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 perform; 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