US2010094739A1PendingUtilityA1

System and method for providing transaction-based profit solutions

60
Assignee: ELLIS PETERPriority: Oct 14, 2008Filed: Oct 14, 2008Published: Apr 15, 2010
Est. expiryOct 14, 2028(~2.3 yrs left)· nominal 20-yr term from priority
G06Q 30/06G06Q 40/00
60
PatentIndex Score
0
Cited by
0
References
0
Claims

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.

Claims

exact text as granted — not AI-modified
1 . A method for generating profit, comprising:
 charging a partner transaction fee for a transaction performed by a partner;   receiving, from a partner, payment for the partner transaction fee when the partner performs a transaction;   paying, 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   receiving a profit on the transaction, wherein the profit is the difference between the partner transaction fee and the base transaction fee.   
     
     
         2 . The method of  claim 1 , wherein the partner transaction fee is based on at least one of a periodic, per-item, and percentage basis. 
     
     
         3 . The method of  claim 1 , wherein the partner transaction fee is determined by the partner's business volume. 
     
     
         4 . The method of  claim 1 , wherein the partner transaction fee is determined by multiplying a negotiated fee percentage with at least one of a total paid orders and total uncancelled orders. 
     
     
         5 . The method of  claim 1 , wherein the base transaction fee is based on an interchange fee at one or more credit car merchants. 
     
     
         6 . The method of  claim 5 , wherein the interchange fee is based on at least one of a negotiated fee and a standard fee schedule. 
     
     
         7 . The method of  claim 1 , wherein payment is at least one of direct payment, automatic payment, periodic payment, and batch payment. 
     
     
         8 . The method of  claim 1 , wherein the base transaction fee is based on one or more referral fees. 
     
     
         9 . A computer readable media comprising code to perform the acts of the method of  claim 1 . 
     
     
         10 . A system for generating profit, comprising:
 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.   
     
     
         11 . The system of  claim 10 , wherein the partner transaction fee is based on at least one of a periodic, per-item, and percentage basis. 
     
     
         12 . The system of  claim 10 , wherein the partner transaction fee is determined by the partner's business volume. 
     
     
         13 . The system of  claim 10 , wherein the partner transaction fee is determined by multiplying a negotiated fee percentage with at least one of a total paid orders and total uncancelled orders. 
     
     
         14 . The system of  claim 10 , wherein the base transaction fee is based on an interchange fee at one or more credit car merchants. 
     
     
         15 . The system of  claim 14 , wherein the interchange fee is based on at least one of a negotiated fee and a standard fee schedule. 
     
     
         16 . The system of  claim 10 , wherein payment is at least one of direct payment, automatic payment, periodic payment, and batch payment. 
     
     
         17 . The system of  claim 10 , wherein the base transaction fee is based on one or more referral fees. 
     
     
         18 . A method for generating profit, comprising:
 charging a partner transaction fee for a transaction performed by a partner, wherein the partner transaction fee is based on at least one of a periodic, per-item, and percentage basis and wherein the partner transaction fee is determined by the partner's business volume;   receiving, from a partner, payment for the partner transaction fee when the partner performs a transaction;   paying, 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 based on an interchange fee at one or more credit car merchants such that the interchange fee is based on at least one of a negotiated fee and a standard fee schedule; and   receiving a profit on the transaction, wherein the profit is the difference between the partner transaction fee and the base transaction fee.

Cited by (0)

No later patents cite this yet.

References (0)

No backward citations on record.