Patent ID: 11861586
Assignee: AFTERPAY LIMITED
Field: IT methods for management (Electrical engineering)
Classification: CPC G | IPC G

Claim 19:
20. One or more non-transitory computer-readable media storing instructions executable by one or more processors, wherein the instructions cause the one or more processors to perform acts comprising:
generating, by one or more servers of a payment service, first authorization data indicative of an authorization of an amount to be paid by a customer via multiple installments, wherein the first authorization data is associated with the customer;
causing presentation, by the one or more servers, of a representation of the first authorization data;
receiving, by the one or more servers and from a merchant point-of-sale (POS) system associated with a merchant, purchasing data for a purchase by the customer from the merchant of one or more goods or services for a total amount;
receiving, by the one or more servers and from a user device of the customer or from the merchant POS system, second authorization data associated with the purchase, wherein the second authorization data is based on the representation of the first authorization data;
determining, by the one or more servers, the customer using the second authorization data;
determining, by the one or more servers, whether the second authorization data was received within a threshold period of time;
based on determining that the second authorization data was received within the threshold period of time:
determining, by the one or more servers, validity of multiple installments based at least in part on the total amount and the first authorization data;
based at least in part on determining the validity of multiple installments, sending, by the one or more servers, a confirmation to the merchant POS system to cause the merchant POS system to generate an indication that the one or more goods or services can be released to the customer; and
initiating, by the one or more servers, the multiple installments at respective points in time, wherein an initial installment of the multiple installments is paid within an initial time window and each subsequent installment of the multiple installments is paid in subsequent time windows until the total amount is satisfied; and

based on determining that the second authorization data was not received within the threshold period of time, determining that the purchase is ineligible for multiple installments.