SYSTEM AND METHOD FOR REAL-TIME PRICING WITH VOLUME DISCOUNTING

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United States of America Patent

SERIAL NO

14091087

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Abstract

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A system and method are provided for facilitating real-time pricing with volume discounting. The method includes receiving a request for a real-time price quote for a transaction from a first account. The request is received at a first instance in time during a billing cycle. The method also includes determining a first production service, where the first production service is a component of the transaction, and determining a count of first production service instances representing the first production service in the received transaction. The method further includes determining a billable entity for the transaction, where the billable entity includes one or more related accounts, and the related accounts include the first account.

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Patent Owner(s)

Patent OwnerAddress
FINANCIAL SYSTEMS TECHNOLOGY (INTELLECTUAL PROPERTY) PTY LTDRICHMOND

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Foster, Robert A Brighton, AU 23 199

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