Methods for offering a credit, credit offer servers, and computer readable media
AssigneeMastercard International Incorporated
InventorGautam Chopra
Life of this patent
Estimating the term…
Abstract
According to various embodiments, a method for offering a credit may be provided. The method may include: determining an initial credit limit of a payment card based on a first set of data associated with a cardholder of the payment card, receiving payment instructions based on usage of a payment card; dynamically determining an updated credit limit of the payment card based on the initial credit limit and a second set of data; and offering a credit based on the updated credit limit.
Claims20
A method for offering a credit, the method comprising:
- determining an initial credit limit of a payment card based on a first set of data associated with a cardholder of the payment card;
- receiving payment instructions based on usage of the payment card;
- dynamically determining an updated credit limit of the payment card based on the initial credit limit and a second set of data;
- and
- offering a credit based on the updated credit limit.
A credit offer server comprising:
- a receiver configured to receive payment instructions based on usage of a payment card;
- a determination circuit configured to determine an initial credit limit of the payment card based on a first set of data associated with a cardholder of the payment card, and to dynamically determine an updated credit limit of the payment card based on the initial credit limit and a second set of data;
- and
- a transmitter configured to transmit an offer of a credit based on the updated credit limit.
A non-transitory computer readable medium comprising instructions which, when executed by a processor, make the processor perform a method for offering a credit, the method comprising:
- determining an initial credit limit of a payment card based on a first set of data associated with a cardholder of the payment card;
- receiving payment instructions based on usage of the payment card;
- dynamically determining an updated credit limit of the payment card based on the initial credit limit and a second set of data;
- and
- offering a credit based on the updated credit limit.
Dependencies are inferred from the claim text.