IP Library Granted Patent US 11,074,630
Granted Patent B2
US 11,074,630 · App. 16/020,379 · Granted Jul 27, 2021

System and method for providing transaction-based profit solutions

Inventors: Peter Ellis (Indian Wells, CA); Daniel Lizio-Katzen (New York, NY)
Assignee: MINDBODY, INC.
G06Q30/06G06Q40/00
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Quick Facts
Patent No.
US 11,074,630
App. No.
16/020,379
Granted
Jul 27, 2021
Kind
B2
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 (60)

1. A centralized web-based system, comprising:

a memory;

a processor coupled to the memory to perform operations comprising:

managing, by a management solution system in a computing environment, a schedule of appointments for a plurality of service providers, the computing environment including the management solution system, a web-based user interface, a data storage system communicating in a communication network over communication links, wherein managing the schedule of appointments includes:

receiving data, via the web-based user interface from a user, related to scheduling an appointment, the data comprising a type of service and location information,

executing a search across the plurality of service providers to identify a subset of service providers offering the type of service within a radius of a location defined by the location information,

updating the web-based user interface to include a plurality of possible appointments for the type of service for each service provider of the subset of the plurality of service providers,

receiving, via the web-based user interface, a user selection of an appointment from the plurality of possible appointments, and

scheduling the appointment based on the user selection, wherein the receiving, executing, updating, receiving, and scheduling are performed without navigating the user away from the web-based user interface;

collecting a payment for the appointment on behalf of a respective service provider using the web-based user interface, wherein collecting the payment incurs a base transaction fee from a third party entity;

collecting a partner transaction fee from the respective service provider, wherein the partner transaction fee is a fee charged to the respective service provider for collecting the payment for the appointment; and

transmitting a payment of the base transaction fee to the third party entity, wherein the base transaction fee is less than or equal to the partner transaction fee.

2. The centralized web-based system in claim 1 , wherein the base transaction fee is an interchange fee or credit card fee charged by the third party entity to the centralized web-based system, wherein the base transaction fee is based on a volume of business supported by the centralized web-based system with the third party entity.

3. The centralized web-based system in claim 2 , wherein the partner transaction fee is based on a volume of business supported by the respective service provider with the centralized web-based system.

4. The centralized web-based system in claim 3 , wherein the partner transaction fee is less than an interchange fee or credit card fee charged by the third party entity to the respective service provider.

5. The centralized web-based system in claim 2 , wherein the processor to perform operations further comprising:

receiving a referral fee from the respective service provider, wherein the referral fee is an additional fee charged to the respective service provider for collecting the payment for the appointment.

6. The centralized web-based system in claim 5 , wherein the referral fee is based on a number of appointments referred by referral partners within a period of time.

7. The centralized web-based system in claim 1 , wherein collecting the payment for the appointment on behalf of the respective service provider using the user interface and a third party entity comprises at least one of:

collecting the payment using direct debit, collecting the payment using automatic credit card billing, or generating an invoice.

8. The centralized web-based system in claim 1 , wherein the processor to perform operations further comprising:

storing data associated with the appointments, wherein the data comprises a date and time slot and at least one of a facility, a service, and a servicer.

9. The centralized web-based system in claim 1 , wherein the processor to perform operations further comprising:

managing employee information for the plurality of service providers, wherein the employee information comprises at least one of personal information, employee schedule, employee services, employee availability, and employee history of transactions.

10. The centralized web-based system in claim 1 , wherein the processor to perform operations further comprising:

managing payroll information for a plurality of employees associated with each of the plurality of service providers.

11. The centralized web-based system in claim 1 , wherein the processor to perform operations further comprising:

managing employee information for the plurality of service providers, wherein the employee information comprises at least one of personal information, employee schedule, employee services, employee availability, and employee history of transactions.

12. The centralized web-based system in claim 1 , wherein the processor to perform operations further comprising:

managing payroll information for a plurality of employees associated with each of the plurality of service providers.

13. A non-transitory machine-readable medium for storing instructions that, when executed by one or more hardware processors, cause the one or more hardware processors to perform operations comprising:

managing a schedule of appointments for a plurality of service providers, wherein managing the schedule of appointments includes:

receiving data, from a user via a web-based user interface, related to scheduling an appointment, the data comprising a type of service and location information,

executing a search across the plurality of service providers to identify a subset of service providers offering the type of service within a radius of a location defined by the location information,

updating the web-based user interface to include a plurality of possible appointments for the type of service for each service provider of the subset of the plurality of service providers,

receiving, via the web-based user interface, a user selection of an appointment from the one or more possible appointments, and

scheduling the appointment based on the user selection, wherein the receiving, executing, updating, receiving, and scheduling are performed without navigating the user away from the web-based user interface;

collecting a payment for the appointment on behalf of a respective service provider using the web-based user interface, wherein collecting the payment incurs a base transaction fee from a third party entity;

collecting a partner transaction fee from the respective service provider, wherein the partner transaction fee is a fee charged to the respective service provider for collecting the payment for the appointment;

transmitting a payment of the base transaction fee to the third party entity, wherein the base transaction fee is less than or equal to the partner transaction fee; and

receiving the collected partner transaction fee at a centralized web-based system.

14. The non-transitory machine-readable medium in claim 13 , wherein the base transaction fee is an interchange fee or credit card fee charged by the third party entity to the centralized web-based system, wherein the base transaction fee is based on a volume of business supported by the centralized web-based system with the third party entity.

15. The non-transitory machine-readable medium in claim 14 , wherein the partner transaction fee is based on a volume of business supported by the respective service provider with the centralized web-based system.

16. The non-transitory machine-readable medium in claim 15 , wherein the partner transaction fee is less than an interchange fee or credit card fee charged by the third party entity to the respective service provider.

17. The non-transitory machine-readable medium in claim 13 , wherein the processor to perform the operations further comprise:

receiving a referral fee from the respective service provider, wherein the referral fee is an additional fee charged to the respective service provider or collecting the payment for the appointment.

18. The non-transitory machine-readable medium in claim 17 , wherein the referral fee is based on a number of appointments referred by referral partners within a period of time.

19. The non-transitory machine-readable medium in claim 13 , wherein collecting the payment for the appointment on behalf of the respective service provider using the user interface and a third party entity comprises at least one of:

collecting the payment using direct debit, collecting the payment using automatic credit card billing, or generating an invoice.

20. A method comprising:

managing, by a management solution system in a computing environment a schedule of appointments for a plurality of service providers, the computing environment including the management solution system, a web-based user interface, a data storage system communicating in a communication network over communication links, wherein managing the schedule of appointments includes:

receiving data, via the web-based user interface from a user, related to scheduling an appointment, the data comprising a type of service and location information,

executing a search across the plurality of service providers to identify a subset of service providers offering the type of service within a radius of a location defined by the location information,

updating the web-based user interface to include a plurality of possible appointments for the type of service for each service provider of the subset of the plurality of service providers,

receiving, via the web-based user interface, a user selection of an appointment from the plurality of possible appointments, and

scheduling the appointment based on the user selection, wherein the receiving, executing, updating, receiving, and scheduling are performed without navigating the user away from the web-based user interface;

collecting a payment for the appointment on behalf of a respective service provider using the web-based user interface, wherein collecting the payment incurs a base transaction fee from a third party entity;

collecting a partner transaction fee from the respective service provider, wherein the partner transaction fee is a fee charged to the respective service provider for collecting the payment for the appointment; and

transmitting a payment of the base transaction fee to the third party entity, wherein the base transaction fee is less than or equal to the partner transaction fee; and

receiving, by the management solution system, the collected partner transaction fee.

Assignments (10)
RELEASE OF SECURITY INTEREST IN PATENTS AT REEL/FRAME NO. 49056/0357 Recorded Apr 1, 2026
From: BLUE OWL CAPITAL CORPORATION (FORMERLY KNOWN AS OWL ROCK CAPITAL CORPORATION), AS COLLATERAL AGENT
To: MINDBODY, INC.
Reel/Frame 075364/0087 →
SECURITY INTEREST Recorded Mar 30, 2026
From: MINDBODY, INC.
To: SIXTH STREET SPECIALTY LENDING EUROPE III ADVISORS, LTD
Reel/Frame 074227/0835 →
PATENT SECURITY AGREEMENT Recorded May 1, 2019
From: MINDBODY, INC.
To: OWL ROCK CAPITAL CORPORATION, AS COLLATERAL AGENT
Reel/Frame 049056/0357 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Feb 7, 2019
From: G1 HOLDINGS, LLC (F/K/A GRAMERCYONE, LLC.)
To: GRAMERCYONE TECHNOLOGY CORP.
Reel/Frame 048266/0117 →
CHANGE OF NAME Recorded Feb 7, 2019
From: GRAMERCYONE, LLC
To: G1 HOLDINGS, LLC
Reel/Frame 048285/0247 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Feb 7, 2019
From: ELLIS, PETER; LIZIO-KATZEN, DANIEL
To: SPAFINDER, INC.
Reel/Frame 048266/0038 →
CHANGE OF NAME Recorded Feb 7, 2019
From: GRAMERCYONE TECHNOLOGY CORP.
To: BOOKER SOFTWARE, INC.
Reel/Frame 048285/0270 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Feb 7, 2019
From: SPAFINDER, INC.
To: GRAMERCYONE, LLC
Reel/Frame 048266/0076 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Feb 7, 2019
From: GRAMERCYONE, LLC
To: GRAMERCYONE TECHNOLOGY CORP.
Reel/Frame 048266/0091 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Aug 21, 2018
From: BOOKER SOFTWARE, INC
To: MINDBODY, INC.
Reel/Frame 046638/0921 →
Continuity (2)
Continuation 12250838 · Oct 14, 2008
Related Publication 20180336606A1 · Nov 22, 2018