Facilitating guaranty provisioning for an exchange

Patent metadata

Field	Value
Publication number	US-9934498-B2
Application number	US-201314066580-A
Country	US
Kind code	B2
Filing date	Oct 29, 2013
Priority date	Oct 29, 2013
Publication date	Apr 3, 2018
Grant date	Apr 3, 2018

Abstract

Disclosed herein are example embodiments for facilitating guaranty provisioning for an exchange. For certain example embodiments, at least one device, such as a mobile device or a server device or an electronic apparatus: (i) may facilitate a matching of at least one proffered guaranty transaction with one or more proffered transaction characteristics; or (ii) may participate in at least one guaranty transaction marketplace to produce at least one guaranty transaction associated with at least one guaranty for a proposed product transaction.

First claim

What is claimed is:

1. A method for facilitating guaranty provisioning for an exchange, the method being at least partly implemented by at least one device, the method comprising:
associating at least one point-of-sale payment tool with at least one product transaction that is related to at least one customer and at least one vendor;
determining at least one sale location associated with the at least one point-of-sale payment tool;
verifying that the at least one customer is in a location that corresponds to the at least one sale location, including at least:
detecting at least one social media entry on a social media account associated with the at least one customer, the at least one social media entry proximate in time to the at least one product transaction;
determining whether the social media account is associated with at least one social media application operational on at least one mobile device associated with the at least one customer, including at least determining, via image recognition, whether the at least one customer is identified in at least one image posted to the at least one social media account; and
verifying, via the detected at least one social media entry, that the at least one mobile device associated with the at least one customer is in the location that corresponds to the determined at least one sale location, including at least detecting whether at least some data associated with the at least one image indicates that the at least one image was posted from the location that corresponds to the determined at least one sale location;

requesting at least one guaranty to be associated with the at least one point-of-sale payment tool based at least partly on the verified location of the at least one customer; and
facilitating establishment of the requested at least one guaranty by at least one guarantor to the at least one vendor on behalf of the at least one customer,
wherein at least one of the associating, receiving, or facilitating is at least partly implemented using at least one processing device.

2. A system for facilitating guaranty provisioning for an exchange, the system comprising:
circuitry configured for associating at least one point-of-sale payment tool with at least one product transaction that is related to at least one customer and at least one vendor;
circuitry configured for determining at least one sale location associated with the at least one point-of-sale payment tool;
circuitry configured for verifying that the at least one customer is in a location that corresponds to the at least one sale location, including at least:
circuitry configured for detecting at least one social media entry on a social media account associated with the at least one customer, the at least one social media entry proximate in time to the at least one product transaction;
circuitry configured for determining whether the social media account is associated with at least one social media application operational on at least one mobile device associated with the at least one customer, including at least circuitry configured for determining, via image recognition whether the at least one customer is identified in at least one image posted to the at least one social media account; and
circuitry configured for verifying, via the detected at least one social media entry, that the at least one mobile device associated with the at least one customer is in the location that corresponds to the determined at least one sale location, including at least circuitry configured for detecting whether at least some data associated with the at least one image indicates that the at least one image was posted from the location that corresponds to the determined at least one sale location;

circuitry configured for associating at least one requested guaranty with the at least one point-of-sale payment tool based at least partly on the verified location of the at least one customer; and
circuitry configured for facilitating establishment of at least one guaranty by at least one guarantor to the at least one vendor on behalf of the at least one customer.

3. The system of claim 2 , wherein the circuitry configured for facilitating establishment of at least one guaranty by at least one guarantor to at least one of at least one financier or the at least one vendor on behalf of the at least one customer comprises:
circuitry configured for transmitting one or more messages with respect to at least one guaranty by the at least one guarantor.

4. The system of claim 2 , further comprising:
circuitry configured for obtaining, via the at least one point-of-sale payment tool, one or more transaction characteristics of at least one product transaction that is related to the at least one customer; and
circuitry configured for generating, via the at least one point-of-sale payment tool, one or more messages to pursue purchase permission with respect to the at least one customer and with at least one guaranty corresponding to the at least one product transaction.

5. The system of claim 4 , wherein the circuitry configured for generating, via the at least one point-of-sale payment tool, one or more messages to pursue purchase permission with respect to the at least one customer and with at least one guaranty corresponding to the at least one product transaction comprises:
circuitry configured for transmitting, from the at least one vendor to the at least one financier, one or more messages to pursue purchase permission.

6. The system of claim 2 , further comprising:
circuitry configured for detecting, via at least one social network server device, at least one pre-qualified proffered guaranty transaction that is associated with the at least one social media account associated with the at least one customer;
circuitry configured for determining whether the at least one pre-qualified proffered guaranty transaction corresponds to the determined at least one sale location;
circuitry configured for associating the at least one pre-qualified proffered guaranty transaction with the at least one mobile device based at least partly on the at least one social media account and based at least partly on the circuitry for determining whether the social media account is associated with at least one social media application operational on the at least one mobile device associated with the at least one customer; and
circuitry configured for proffering, via the at least one social network server device, at least one guaranty based at least partly on at least one social network account associated with the at least one mobile device and based at least partly on the circuitry for verifying that the at least one customer is in a location that corresponds to the at least one sale location.

7. The system of claim 6 , wherein the circuitry configured for detecting, via at least one social network server device, at least one proffered guaranty transaction that is associated with at least one product transaction comprises:
circuitry configured for detecting at least one proffered guaranty transaction via at least one application programming interface (API) exposed by at least one financier.

8. The system of claim 2 , wherein the circuitry configured for verifying that the at least one customer is in a location that corresponds to the at least one sale location comprises:
circuitry configured for receiving at least one activity indicium from at least one wireless service data stream;
circuitry configured for determining a location of the at least one activity indicium; and
circuitry configured for determining whether the at least one activity indicium location corresponds to the location of the at least one product transaction.

9. The system of claim 2 , w

Assignees

• Elwha Llc A Ltd Liability Corporation Of The State Of Delaware
• Elwha Llc

Inventors

• Jung Edward K Y
• Lord Richard T
• Lord Robert W

Classifications

• G06Q30/0609

  Qualifying participants for shopping transactions (payment transaction verification G06Q20/401) · CPC title

• G06Q20/12 Primary

  specially adapted for electronic shopping systems · CPC title