SYSTEM AND METHOD FOR PREDICTIVE ACCRUAL OF CREDITS IN A VARIABLE VALUE TRANSACTION

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United States of America Patent

APP PUB NO 20130080227A1
SERIAL NO

13623072

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Abstract

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A system and method of predicatively accruing a credit in a variable value transaction are provided. The variable value transaction may involve a piece of media content and include an initial balance and a remaining balance. The initial balance and the remaining balance may be dependent on the piece of media content and when the variable value transaction is completed. Credits may be accrued for a predicted redemption of the credit for the remaining balance, depending on the availability and applicability of the credits. A payment card may also be processed for some or all of the remaining balance. The remaining balance may not be known until the variable value transaction is completed. A pending revenue amount may be determined based on the accrual of the credits.

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Patent Owner(s)

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REDBOX AUTOMATED RETAIL LLCOAKBROOK TERRACE IL

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Maskatia, Imran Milpitas, US 27 279
Papasevastos, Michael Elgin, US 3 28
Rehmani, Saad Glen Ellyn, US 10 58
Rubinstein, Jason Lake Forest, US 22 272
Williams, Heidemarie Homer Glen, US 8 36

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