PATENT CLAIM ANALYSIS

Application Number: 15766918
Application Type: Utility
Filing Date: 2018-04
Publication Date: 2018-10
Patent Classification: ["705", "039000"]

Abstract:
A method of providing an installment loan, comprising: sending a request for a loan of a specific sum by a purchaser holding proprietary payment means to an installment payment system, said purchaser at a POS; calculating by said installment payment system a credit score for said purchaser; determining by said installment payment system individual loan sum Y 0  and terms of payment for said purchaser using said calculated credit score; reserving said sum of Y 0  for said loan; purchasing goods from a merchant at said POS in a sum X≤Y 0  by said purchaser; paying said merchant the full purchase sum X by said installment payment system; and optionally performing a further purchase according to said individual terms of payment.

Claim (Index 1):
A Point of Sale (POS) installments payment system comprising:\n a system server comprising:\n a registration and credit module configured to enable registration to the system; and \n a card issuer module configured to issue proprietary payment means; \n a purchaser holding said proprietary payment means communicating with said system server, said purchaser configured to request at least one loan sum for a credit installment purchase from said card issuer module at a POS, wherein said card issuer module, upon approval of said request, is configured to provide said purchaser with an installment loan sum and an installment plan; a merchant entity communicating with said purchaser, said merchant entity configured to receive a purchase sum from said proprietary payment means, said purchase sum not larger than said loan sum; an acquirer entity communicating with said merchant entity, said acquirer entity configured to approve or deny said purchase sum; and a card network communicating with said acquirer entity and with said system server, said card network configured to receive approval or denial of said purchase sum from said system server and communicate it to said acquirer,\n wherein said card issuer module is further configured to collect said installment payments due.

Metadata:
- Claim Count in Document: 16.0
- Percentile: 91.0
- Lexical Diversity: 2.33929
- Patent Class: 705.0
- Transitional Phrase Type: open
- Component Type: 1
- Foreign Priority: False
- Related Applications: ['13692437', '13042141', '13644876', '09654341', '10914766']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.1348241822765189
- 35 USC 102 Novelty (BERT): 0.5069072321879956
- Combined Prediction Score: 0.1720324872676666
- Mean Citation Score: 301.558504
- Max Citation Score: 312.8775
- Similarity Product: 262.58228283673526

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

Dataset: test