{"schema_version":"1.0","canonical_url":"https://patentable.app/patents/US-10540645","patent":{"patent_number":"US-10540645","title":"Method and system for facilitating installments in an electronic transaction","assignee":null,"inventors":[],"filing_date":"2016-05-05T00:00:00.000Z","publication_date":"2020-01-21T00:00:00.000Z","cpc_codes":["G06Q","G06Q","G06Q","G06Q","G06Q","G06Q","G06Q","G06Q","G06Q","G06Q"],"num_claims":24,"abstract":"A method for facilitation of installments for an electronic transaction includes: receiving a transaction message for an electronic transaction including an account identifier, transaction identifier, transaction date, and transaction amount; storing a transaction record for the transaction including the transaction identifier, transaction amount, transaction date, and a due date based on the transaction date; receiving an installment request, the request including the transaction identifier and installment options; calculating installment terms based on the installment options, transaction amount, transaction date, and due date, wherein the installment terms and/or options including an installment amount and number of installments; generating a plurality of transaction records, each related to an installment including the transaction identifier, installment amount, and a payment date based on the due date and number of installments, the number of transaction records being equivalent to the number of installments; and replacing the transaction record with the generated plurality of transaction records."},"analysis":{"summary":null,"layman_explanation":null,"technical_analysis":null,"business_analysis":null,"faqs":null,"topics":[],"tech_cluster":null},"seo":{"title":"Method and system for facilitating installments in an electronic transaction","description":"A method for facilitation of installments for an electronic transaction includes: receiving a transaction message for an electronic transaction including an account identifier, transaction identifier,","keywords":[]},"attribution":{"source":"Patentable","source_url":"https://patentable.app","canonical_url":"https://patentable.app/patents/US-10540645","license":"CC-BY-4.0-like","license_terms":"AI-generated analysis on this page (summary, layman_explanation, technical_analysis, business_analysis, faqs) may be reused with attribution and a visible link back to the canonical URL above. Patent abstracts, claims, and bibliographic data are USPTO public domain.","required_link":"https://patentable.app/patents/US-10540645","citation_suggestion":"Patentable. \"Method and system for facilitating installments in an electronic transaction\" (US-10540645). https://patentable.app/patents/US-10540645","copyright_holder":"Nomic Interactive Technology LLC"},"links":{"html":"https://patentable.app/patents/US-10540645","json":"https://patentable.app/api/llm-context/US-10540645","site":"https://patentable.app","llms_txt":"https://patentable.app/llms.txt"},"generated_at":"2026-05-31T05:13:54.529Z"}