Method and system for offering a credit product by a credit issuer to a consumer at a point-of-sale
AssigneePaypal, Inc.
InventorThomas H. Keithley
Life of this patent
Estimating the term…
Abstract
A method for offering at least one credit product by at least one credit issuer to a consumer at a point-of-sale between a merchant and the consumer. The method includes the steps of: providing a credit issuer data set including a plurality of data fields to a central database; initiating a transaction between the consumer and the merchant at the point-of-sale; offering, to the consumer at the point-of-sale, the at least one credit product; and presenting, to the consumer at the point-of-sale, at least one data field in the credit issuer data set. The at least one data field presented to the consumer is populated with data directed to the credit product, the credit issuer, or any combination thereof. An apparatus and system are also disclosed.
Claims20
A system associated with a service provider, the system comprising:
- a non-transitory memory;
- and
- one or more hardware processors coupled with the non-transitory memory and configured to execute instructions from the non-transitory memory to cause the system to:
- cause a user interface element representing a credit product that is provided by a third-party provider to be presented via an interface of a device, wherein the interface is associated with an application corresponding to a first entity that is different than the service provider;
- determine, based on one or more communications with the application, that the user interface element has been selected by a user of the device via the interface;
- and
- in response to determining that the user interface element has been selected by the user, process a transaction using the credit product, wherein processing the transaction is completed without requiring the user to be redirected away from the interface, and wherein the transaction is funded by the credit product.
A method, comprising:
- causing, by a computer system, an application of a device to present a user interface element corresponding to a funding product offered by a third-party entity via an interface of the application, wherein the application is associated with a merchant different from the third-party entity;
- receiving, by the computer system and via the interface of the application, an indication that a user of the device has selected the user interface element corresponding to the funding product;
- and
- in response to receiving the indication, processing, by the computer system, a transaction using the funding product, wherein the transaction is processed without requiring the interface of the application to be removed from a foreground of the device, and wherein the transaction is funded by the funding product offered by the third-party entity.
A non-transitory machine-readable medium having stored thereon machine-readable instructions executable to cause a machine associated with a service provider to perform operations comprising:
- causing an application of a device to present a product offered by a first third-party entity based on information retrieved from a database, wherein the database is accessible by a plurality of third-party entities comprising the first third-party entity, and wherein the application is associated with a merchant different from the service provider;
- receiving, via the application of the device, an indication that a user of the device has selected the product usable in a transaction between the user and the merchant;
- and
- in response to receiving the indication, processing the transaction using the product, wherein the transaction is processed without the user being redirected away from an interface of the application, and wherein the transaction is funded by the product offered by the first third-party entity.
Dependencies are inferred from the claim text.