US 2019/0095899 A1 · SEGMENTING MULTIPLE REPAYMENT SCHEMES

Abstract

A consumer may view a transaction account statement in a GUI. The transaction account issuer may utilize batch processed data and real time data to determine an eligibility for fixed fee payment plans. The consumer may be presented with the option to place a single transaction into a fixed fee payment plan by selecting the transaction. The fixed fee payment plan may comprise a fixed monthly cost. The monthly cost may be calculated to be equal to or less than the amount the consumer would pay if the transaction were subject to the transaction account APR. The transaction account may have a minimum amount due for the fixed fee payment plan and a minimum amount due for the revolving APR balance each month.

Claims20

Dependent claims

A method comprising:

performing, by a computer-based system, a batch processing event;
storing, by the computer-based system, batch processed data from the batch processing event in a datastore;
storing, by the computer-based system, a real time event in a cache;
determining, by the computer-based system and based on the batch processed data and the real time event, that a consumer is eligible for a fixed fee payment plan;
presenting, by the computer-based system, a list of transactions for a transaction account of the consumer in a graphical user interface;
receiving, by the computer-based system, first input comprising a selection of a first transaction;
and
creating, by the computer-based system and in response to the first input, a fixed fee payment plan including the first transaction.

5 more elements

An article of manufacture including a non-transitory, tangible computer readable storage medium having instructions stored thereon that, in response to execution by a computer-based system, cause the computer-based system to perform operations comprising:

performing, by the computer-based system, a batch processing event;
storing, by the computer-based system, batch processed data from the batch processing event in a datastore;
storing, by the computer-based system, a real time event in a cache;
determining, by the computer-based system and based on the batch processed data and the real time event, that a consumer is eligible for a fixed fee payment plan;
presenting, by the computer-based system, a list of transactions for a transaction account in a graphical user interface;
receiving, by the computer-based system, first input comprising a selection of a first transaction;
and
creating, by the computer-based system and in response to the first input, a fixed fee payment plan including the first transaction.

5 more elements

A system comprising:

a processor;
a tangible, non-transitory memory configured to communicate with the processor;
the tangible, non-transitory memory having instructions stored thereon that, in response to execution by the processor, cause the processor to perform operations comprising:
performing, by the processor, a batch processing event;
storing, by the processor, batch processed data from the batch processing event in a datastore;
storing, by the processor, a real time event in a cache;
determining, by the processor and based on the batch processed data and the real time event, that a consumer is eligible for a fixed fee payment plan;
presenting, by the processor, a list of transactions for a transaction account in a graphical user interface;
receiving, by the processor, first input comprising a selection of a first transaction;
and
creating, by the processor and in response to the first input, a fixed fee payment plan including the second transaction.

8 more elements

Dependencies are inferred from the claim text.

Segmenting multiple repayment schemes

Life of this patent

Segmenting multiple repayment schemes

Life of this patent

Abstract

Claims20