IP Library Patent Application 12250838
Patent Application
App. No. 12/250,838

SYSTEM AND METHOD FOR PROVIDING TRANSACTION-BASED PROFIT SOLUTIONS

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Quick Facts
Patent No.
US None
App. No.
12/250,838
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 (29)

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.

Assignments (13)
RELEASE OF SECURITY INTEREST Recorded Feb 18, 2019
From: SILICON VALLEY BANK
To: BOOKER SOFTWARE, INC.
Reel/Frame 048362/0137 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded May 31, 2018
From: BOOKER SOFTWARE, INC.
To: MINDBODY, INC.
Reel/Frame 045951/0867 →
RELEASE OF SECURITY INTEREST Recorded Apr 3, 2018
From: ESCALATE CAPITAL PARTNERS SBIC III, LP
To: BOOKER SOFTWARE, INC.; FREDERICK LABS LLC
Reel/Frame 045423/0638 →
RELEASE OF SECURITY INTEREST Recorded Apr 2, 2018
From: COMERICA BANK
To: BOOKER SOFTWARE, INC.
Reel/Frame 045406/0918 →
SECURITY INTEREST Recorded Apr 2, 2018
From: BOOKER SOFTWARE, INC.
To: SILICON VALLEY BANK
Reel/Frame 045415/0232 →
SECURITY INTEREST Recorded May 24, 2017
From: BOOKER SOFTWARE, INC.; FREDERICK LABS LLC
To: ESCALATE CAPITAL PARTNERS SBIC III, LP
Reel/Frame 042494/0959 →
CHANGE OF NAME Recorded Mar 22, 2013
From: GRAMERCYONE TECHNOLOGY CORP.
To: BOOKER SOFTWARE, INC.
Reel/Frame 030066/0929 →
SECURITY AGREEMENT Recorded Jul 11, 2012
From: GRAMERCYONE TECHNOLOGY CORP.
To: COMERICA BANK, A TEXAS BANKING ASSOCIATION
Reel/Frame 028542/0815 →
CHANGE OF NAME Recorded May 25, 2012
From: G1 HOLDINGS, LLC.
To: GRAMERCYONE TECHNOLOGY CORP.
Reel/Frame 028268/0752 →
CHANGE OF NAME Recorded Nov 30, 2011
From: GRAMERCYONE, LLC
To: G1 HOLDINGS, LLC
Reel/Frame 027300/0681 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Oct 31, 2011
From: GRAMERCYONE, LLC
To: GRAMERCYONE TECHNOLOGY CORP.
Reel/Frame 027149/0108 →
CHANGE OF NAME Recorded Jan 19, 2011
From: SPAFINDER, INC.
To: GRAMERCYONE, LLC
Reel/Frame 025657/0176 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Oct 14, 2008
From: ELLIS, PETER; LIZIO-KATZEN, DANIEL
To: SPAFINDER, INC.
Reel/Frame 021678/0827 →