SYSTEM AND METHOD FOR OPTIMIZED REDEMPTION OF CREDITS IN A VARIABLE VALUE TRANSACTION
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United States of America Patent
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Issued Date -
Feb 12, 2015
app pub date -
Oct 23, 2014
filing date -
Sep 25, 2011
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Abstract
A system and method of optimizing the redemption of credits in a variable value transaction are disclosed. 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. The remaining balance may not be known until the variable value transaction is completed. Credits may be assigned an order of availability for redemption based on credit redemption criteria such as a redemption priority, a product value, an expiration date, and/or a redemption value. The credits with a higher order of availability may be redeemed prior to credits with a lower order of availability.
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