SYSTEM AND METHOD FOR PROCESSING PRODUCT UPGRADE TRANSACTIONS
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United States of America Patent
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N/A
Issued Date -
Apr 3, 2014
app pub date -
Sep 28, 2012
filing date -
Sep 28, 2012
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
A system and method for facilitating upgrade transactions for certain purchased products is disclosed. Information regarding a purchased product may be stored in a database, and upgrade options and upgrade pricing information regarding the purchased product may be displayed to the customer. A mobile application may be used by the customer to purchase the original product, and the mobile application may further allow the customer to track upgrade options for the product and to initiate the upgrade transaction. When a customer initiates an upgrade transaction, an upgrade payment is matched to the originally purchased product. The upgrade payment may be sent from the mobile application. The system and method may then arrange for the return, or trade-in, of the originally purchased product as well as the delivery or pick-up of the upgrade product.
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