Block, Inc.

Square, Inc.

Kelvin Chou

Theodore Kosev

Varun Kerof

Elliot Block

In some examples, a service provider provides a mobile application to a device of a user. The mobile application presents a user interface with a selectable control enabling the user to obtain a loan that is useable for a specific use at a merchant that accepts payments via the service provider. The service provider receives, via the mobile application, an indication of interaction with the selectable control and, based on determining that the user has accepted the loan offer, makes the loan funds available via a payment instrument accessible via the mobile application. Based on receiving transaction data for a current transaction for which the payment instrument is presented for payment, the loan funds are applied as payment for the transaction. After the funds have been applied, at least a portion of the loan is repaid via the mobile application at a particular frequency during a subsequent period of time.

Intelligent loan management via a mobile application

In some examples, a payment instrument is associated with a financing limit. A processor may receive, from a point of sale (POS) device associated with a merchant, an authorization request to authorize the payment instrument for a purchase of one or more first items having a purchase amount that is greater than the first amount. The processor may determine that the first item is a type of item in an inventory of a business of the user. Based at least on determining that a quantity of the type of item in the inventory is below a threshold quantity, changing the first amount to a second amount that is based on the purchase amount. Based at least on changing the first amount, sending to the POS device, an indication that the payment instrument is authorized for the second amount.

Intelligent modification of capital loan offerings at point-of-sale

In some examples, a computing device receives, from a point of sale (POS) device of a merchant, an authorization request for authorizing a payment instrument for a transaction for an item. The computing device sends an authorization approval to the POS device, and determines that a user is eligible for a loan for an amount and the loan is to be repaid at a particular frequency during a period of time. The computing device determines that an amount of the transaction is less than or equal to the amount, and causes an offer for the loan to be presented via a user interface of a payment application that is executable by a user device of the user. Based on acceptance of the loan, the computing device applies the loan funds to the transaction for the item, and the loan is repaid at the particular frequency.

Intelligent loan offering at a point of sale

Techniques for intelligently modifying capital loan offerings at a point-of-sale (POS) are described. Server(s) can receive, from a first POS device associated with a first merchant, transaction data associated with transaction(s) between the first merchant and customer(s). The server(s) can determine that the first merchant is eligible for a capital loan of a first amount. The server(s) can receive, from a second POS device associated with a second merchant, an authorization request to authorize a payment instrument, having a limit based on the first amount, for a purchase having a purchase amount greater than the first amount, and the server(s) can determine to increase the first amount to a second amount. The server(s) can send, to the second POS device, an indication that the payment instrument is authorized for at least the second amount, thereby modifying the amount of the capital loan at the POS.

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Monte Sereno, CA, United States of America

Kelvin Chou