- Patent Title: System and method for providing transaction-based profit solutions
-
Application No.: US17443283Application Date: 2021-07-23
-
Publication No.: US11651399B2Publication Date: 2023-05-16
- Inventor: Peter Ellis , Daniel Lizio-Katzen
- Applicant: Mindbody, Inc.
- Applicant Address: US CA San Luis Obispo
- Assignee: Mindbody, Inc.
- Current Assignee: Mindbody, Inc.
- Current Assignee Address: US CA San Luis Obispo
- Agency: DLA Piper LLP (US)
- Main IPC: G06Q30/06
- IPC: G06Q30/06 ; G06Q40/00

Abstract:
A method and system for generating profit having a partner transaction module configured to charge a partner transaction fee for a transaction performed by a partner, and receive, from a partner, payment for the partner transaction fee when the partner performs a transaction, a base transaction module configured to pay, in the event the partner performs a transaction through a third party, a base transaction fee to the third party, wherein the base transaction fee is equal to or lesser than the partner transaction fee, and a profit module configured to receive a profit on the transaction, wherein the profit is the difference between the partner transaction fee and the base transaction fee.
Public/Granted literature
- US20210350430A1 SYSTEM AND METHOD FOR PROVIDING TRANSACTION-BASED PROFIT SOLUTIONS Public/Granted day:2021-11-11
Information query