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US Patent 11074630 System and method for providing transaction-based profit solutions

Patent 11074630 was granted and assigned to Mindbody Inc. on July, 2021 by the United States Patent and Trademark Office.

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Patent
Patent

Patent attributes

Patent Applicant
Mindbody Inc.
Mindbody Inc.
Current Assignee
Mindbody Inc.
Mindbody Inc.
Patent Jurisdiction
United States Patent and Trademark Office
United States Patent and Trademark Office
Patent Number
11074630
Patent Inventor Names
Peter Ellis0
Daniel Lizio-Katzen0
Date of Patent
July 27, 2021
Patent Application Number
16020379
Date Filed
June 27, 2018
Patent Primary Examiner
‌
Chikaodinaka Ojiaku
Patent 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.

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