PATENT CLAIM ANALYSIS

Application Number: 16006611
Application Type: Utility
Filing Date: 2018-06
Publication Date: 2018-12
Patent Classification: ["705", "044000"]

Abstract:
An electronic system for splitting a transaction cost between multiple parties. The system comprises a processor configured to: receive transaction data from a payment card server, the transaction data relating to transactions performed using a payment card associated with a first user; on instruction by the first user, associate one or more other users with a group transaction identified from the transaction data along with an indication of a respective portion of the group transaction to be paid by each other user; transmit a payment authorization request to each other user for payment of the other user's respective portion of the group transaction; and upon authorization, receive confirmation of a transfer of funds equal to the other user's respective portion from a payment vehicle associated with the other user to a payment account associated with the first user.

Claim (Index 7):
The system according to  claim 1  wherein the processor is further configured to receive user input from the first user to associate the other users with the group transaction, the user input comprising selection of the other users from an address or phone book stored in a memory on a personal electronic device of the first user.

Metadata:
- Claim Count in Document: 2.0
- Percentile: 94.0
- Lexical Diversity: 2.22388
- Patent Class: 705.0
- Transitional Phrase Type: open
- Component Type: 1
- Foreign Priority: True
- Related Applications: ['13649603', '12229547', '15042717', '15261093', '10269033']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.1191465685706182
- 35 USC 102 Novelty (BERT): 0.4992696905675453
- Combined Prediction Score: 0.1571588807703109
- Mean Citation Score: 251.641084
- Max Citation Score: 259.29416000000003
- Similarity Product: 184.6022991010952

Labels:
- Claim Label 101: 0
- Claim Label 102: 1
- Claim Label 103: 1
- Claim Label 112: 1
- Combined Label: 0
- Label 101 Adjusted: 0

Dataset: test