The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Jan. 11, 2022
Filed:
Apr. 18, 2017
Verrency Holdings Limited, Singapore, SG;
David Cruzen Link, Sandringham, AU;
Euan Duncan Walker, Sandringham, AU;
Stephen John Cummins, Bulimba, AU;
VERRENCY HOLDINGS LTD., Singapore, SG;
Abstract
Payment systems allowing credit and/or points to fund financial transactions are provided. In one example, a payment system comprises a credit device issued to a consumer enabling the consumer to purchase products or services from a plurality of merchants using funds from a credit account associated with the consumer. The payment system comprises a payment network enabling the plurality of merchants to receive payment from an issuer that issues the credit device to the consumer. A funding device is configured to access information regarding credit available from the credit account, the funding device further configured to access information regarding points available to the consumer. The funding device is configured to use pre-established rules to determine the use of available credit and available points for completing a transaction with a first merchant of the plurality of merchants. The transaction appears to the first merchant as a regular credit card transaction.