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US 2014/0278604 A1Published application
Systems and methods for offering partially-refundable vouchers for goods and services
AssigneePrice Point Analytics Inc. d/b/a Level Skies
InventorsRyan Houck, Brandon Collins
Life of this patent
Estimating the term…
Abstract
The present disclosure provides a system for generating a voucher including a voucher value, a refund value, and an expiration date, wherein the voucher value is at least based on information received from a consumer. If the system receives payment information from the consumer for the voucher and the system does not receive confirmation that the purchased voucher was not redeemed by the expiration date, the system will refund the consumer the refund value associated with the voucher.
Claims18
A system comprising:
- a controller;
- a memory coupled to the controller, wherein the memory is configured to store program instructions executable by the controller;
- wherein in response to executing the program instructions, the controller is configured to:
- receive via a user interface information associated with a transaction;
- generate a voucher value for a voucher associated with the transaction based on the information received from the user interface;
- generate a refund value of the voucher based on the voucher value;
- generate an expiration date of the voucher based on the voucher value and at least one date associated with the transaction;
- and
- display the voucher value, expiration date, and refund value on the user interface associated with a consumer of the transaction.
6 more elements
A method of producing a voucher comprising:
- receiving via a user interface information associated with a transaction, wherein the information is selected from the group consisting of departure date, return date, departure location, destination location, and combinations thereof;
- accessing a database storing a historical market value associated with the transaction, a current market value associated with the transaction, and a forecast market value associated with the transaction;
- generating a voucher value for an voucher associated with the transaction;
- generating a refund value based on the voucher value;
- generating an expiration date of the voucher, wherein the expiration date is based on the voucher value and at least one date associated with the transaction;
- and
- displaying the voucher value, expiration date, and refund value on a user interface associated with a consumer of the transaction.
4 more elements
Dependencies are inferred from the claim text.