Instant payout incentive system
OwnerNicholas David Posner, Jed Thomas Clevenger +3inventors
InventorsNicholas David Posner, Jed Thomas Clevenger, Michael We Chun Wu, Matthew P. Deunison, Srinivasan Raman
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Abstract
Methods, apparatus, and systems to process transactions in a networked communication system, including cash back rebate eligible transactions. Some embodiments provide for distributed risk analysis of transactions, such as to provide for a probability analysis of transaction completion at a payment server. The payment server then makes a recommendation for reward timing or payout of a cash back reward.
Claims20
A computer-implemented method for a data processing system, comprising using at least one processor to:
- receive a request for a transaction, wherein the transaction is eligible for a cash back reward;
- analyze the transaction to identify a probability of transaction completion;
- compare the probability of transaction completion to a threshold value;
- recommend an instant cash back reward when the probability of transaction completion exceeds the threshold value;
- and
- recommend a wait period for the cash back reward when the probability of transaction completion fails to exceed the threshold value.
A computer system, comprising:
- a processing unit to process payments for transactions with a networked system;
- a rebate completion unit to receive requests to process rebates for at least of transaction;
- a confirmation unit to confirm payment of a rebate and to analyze a probability of the at least one transaction completing and recommending a reward timing based on the probability;
- and
- a database for storing information for rebate information including the reward timing.
A machine-readable medium comprising instructions, which, when implemented by one or more machines, cause the one or more machines to perform the following operations:
- receive a request for a transaction, wherein the transaction is eligible for a cash back reward;
- analyze the transaction to identify a probability of transaction completion;
- compare the probability of transaction completion to a threshold value;
- recommend an instant cash back reward when the probability of transaction completion exceeds the threshold value;
- and
- recommend a wait period for the cash back reward when the probability of transaction completion fails to exceed the threshold value.
Dependencies are inferred from the claim text.