Invention Grant
- Patent Title: Financial transaction card with installment loan feature
- Patent Title (中): 具有分期贷款功能的金融交易卡
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Application No.: US10914766Application Date: 2004-08-09
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Publication No.: US08554668B2Publication Date: 2013-10-08
- Inventor: Edward J. Hogan
- Applicant: Edward J. Hogan
- Applicant Address: US NY Purchase
- Assignee: MasterCard International Incorporated
- Current Assignee: MasterCard International Incorporated
- Current Assignee Address: US NY Purchase
- Agency: Baker Botts L.L.P.
- Main IPC: G06Q40/00
- IPC: G06Q40/00

Abstract:
There is provided a financial transaction payment method and system for processing a transaction conducted using a financial transaction card. The financial transaction card has associated therewith a financial account in a financial institution and one or more transaction criteria. The financial transaction payment system includes a processing unit and an application program for execution on the processing unit. The method includes the step of determining by the application program whether a transaction activates an installment loan on the financial account based on the one or more transaction criteria.
Public/Granted literature
- US20050209962A1 Financial transaction card with installment loan feature Public/Granted day:2005-09-22
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