Invention Grant
- Patent Title: System and method for allowing forward-sold goods purchased via credit/debit card to be resold
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Application No.: US13655008Application Date: 2012-10-18
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Publication No.: US09818152B2Publication Date: 2017-11-14
- Inventor: Peter Groarke
- Applicant: MASTERCARD INTERNATIONAL INCORPORATED
- Applicant Address: US NY Purchase
- Assignee: MASTERCARD INTERNATIONAL INCORPORATED
- Current Assignee: MASTERCARD INTERNATIONAL INCORPORATED
- Current Assignee Address: US NY Purchase
- Agency: Ohlandt, Greeley, Ruggerio & Perle, L.L.P.
- Main IPC: G06Q30/06
- IPC: G06Q30/06 ; G06Q30/08

Abstract:
A system and a method for the resale of one or more forward-sold goods and/or services allows a transaction to be specified as one in which the goods or services may be resold by the purchaser until a time close to actual delivery. The merchant maintains control of the conditions of the resale. If a resale occurs, the merchant receives a commission. The account of the original purchaser is credited with the resale price minus the commission. The availability of goods for resale can be determined by searching a web site for such goods.
Public/Granted literature
- US20140114787A1 SYSTEM AND METHOD FOR ALLOWING FORWARD-SOLD GOODS PURCHASED VIA CREDIT/DEBIT CARD TO BE RESOLD Public/Granted day:2014-04-24
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