SYSTEM AND METHOD FOR REDEMPTION OF CREDITS IN A VARIABLE VALUE TRANSACTION

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United States of America Patent

APP PUB NO 20140081449A1
SERIAL NO

13623070

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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A system and method of processing a variable value transaction with credits and a payment card 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 redeemed for some or all of the initial balance and/or the remaining balance, depending on the availability and applicability of the credits. The payment card may also be processed for some or all of the initial balance and/or the remaining balance. The remaining balance may not be known until the variable value transaction is completed.

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Patent Owner(s)

Patent OwnerAddress
REDBOX AUTOMATED RETAIL LLCONE TOWER LANE OAKBROOK TERRACE IL 60181

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Maskatia, Imran Milpitas, US 27 279
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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