Location-based crowdsourced funds
AssigneeeBay Inc.
InventorsSujit Mathew, Vinay Ravindra Kamath
Life of this patent
Estimating the term…
Abstract
Methods and systems for providing cash using crowdsourcing are described. A requestor sends a request for cash, and the request is relayed to a plurality of lenders in the vicinity of the requestor. The requestor is matched with a lender based on certain criteria. After the exchange of cash is confirmed, the lender may be given a reward, such as cash, coupons, a good rating, and/or virtual points.
Claims20
A system, comprising:
- a memory device;
- and
- one or more processors in communication with the memory device and operable to:
- receive a request for cash from a requestor;
- transmit the request to a plurality of lenders that match predetermined criteria of the requestor;
- and
- match a lender with the requestor.
A method for providing cash to a user, comprising:
- receiving, by one or more hardware processors of a service provider, a request for cash from a requestor;
- locating, by the one or more hardware processors, a plurality of lenders within a predetermined distance of the requestor;
- ranking, by the one or more hardware processors, the plurality of lenders based on customized criteria;
- and
- selecting, by the one or more hardware processors, one lender from the plurality of lenders.
A non-transitory machine-readable medium comprising instructions which, in response to a computer system, cause the computer system to perform a method comprising:
- receiving a request for cash from a requestor;
- transmitting the request to a plurality of lenders in a vicinity of the requestor;
- compiling a list of lenders interested in accepting the request;
- selecting one interested lender;
- and
- communicating to the requestor and the one interested lender that they have been matched.
Dependencies are inferred from the claim text.