LOYALTY REWARDS OPTIMIZATION BILL PAYABLES AND RECEIVABLES SERVICE

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United States of America Patent

SERIAL NO

14312241

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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For several accounts receivable, a reward account is determined as the account that receives the largest deposit to the loyalty reward balance thereof by a payment of the account receivable. For each reward account, a deficient reward account is found if the currency balance for the reward account is not sufficient for the payment of the account payable. For each deficiency reward account, if identified accounts receivables can be deposited such that the currency balance thereof will be sufficient to pay the account payable, then payments are made of: (i) the identified accounts receivables as corresponding deposits to the currency balance of the deficiency reward account such that the currency balance thereof is sufficient for the payment of the account payable; and (ii) the account payable by a withdrawal from the currency balance of the deficiency reward account.

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Patent Owner(s)

Patent OwnerAddress
VISA U S A INCP O BOX 8999 SAN FRANCISCO CA 94128-8999

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Chin, Alfred Los Altos, US 5 82
Lal, Raghav Palo Alto, US 12 254

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