Systems and methods for dual pricing
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United States of America Patent
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Oct 8, 2024
Grant Date -
Aug 5, 2021
app pub date -
Feb 3, 2021
filing date -
Feb 5, 2020
priority date (Note) -
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status (Latency Note)
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Abstract
A system for and method of generating alternative pricing is provided. A user accesses an online portal to set a pricing scheme for products. The user inputs a credit card price for one or more products along with a desired cash discount rate or amount. The invention can then generate a second price for each product and check said prices for compliance against one or more rules and regulations set by credit card issuers, state governments, and/or federal governments. Some embodiments of the invention include notifying the user of non-compliance and automatically providing iterative pricing checks to find the best compliant price. The invention can also generate a reference or point-of-sale code which can be utilized by a consumer to view a final resulting price list.
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