Rating billing events in real time according to account...

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Accounting

Reexamination Certificate

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C705S034000, C705S039000, C705S040000

Reexamination Certificate

active

09617590

ABSTRACT:
A method and system are provided for applying a volume discount scheme and rating transactions accordingly on a continuous basis, in a continuous processing system. At the time of a transaction or potential transaction, a cost including applicable volume discount is provided to a customer with reference to his current accumulated usage. When a customer is shopping on-line or placing a phone order, he can learn what discount he will obtain if he spends an incremental amount. A person using a service can inquire what the discounted cost or applicable rate is for a contemplated transaction.

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Syerson, Nancy, “Inside Graybar, a Profile of the Nation's Top Electrical Distributor”, Industrial Maintance and Plant Operation, vol. 61, No. 11, p. 14, Nov. 2000.
Davis, Charles, Online financing to boost procurement, Electronic Payment International, p. 14, Feb. 2000.

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