Patent ID: 8626539
Filing Date: 2014-01-07
Classification: G06Q

Abstract:
1. A method in a server computer connected over a network to a group of participants, where each participant operates a client computer, the method comprising: receiving by the server computer a payment for each participant in the group; associating the payments received for the group with a time period; calculating by the server computer a designated portion of each payment to allocate to a fund; creating the fund for the time period by combining the designated portions of the payments; receiving by the server computer a notification for each participant in a subgroup of the group of participants, the notification indicating that during the time period an event occurred; calculating by the server computer a portion of the fund to disburse to each participant in the subgroup; and disbursing the fund to the participants in the subgroup, where the portion of the fund to disburse to each participant in the subgroup is a share of the fund.