17846540. AUTOMATED PAYMENT SPLITTING simplified abstract (Capital One Services, LLC)
Contents
AUTOMATED PAYMENT SPLITTING
Organization Name
Inventor(s)
Phoebe Atkins of Midlothian VA (US)
Xiaoguang Zhu of New York NY (US)
Ray Cheng of Long Island City NY (US)
AUTOMATED PAYMENT SPLITTING - A simplified explanation of the abstract
This abstract first appeared for US patent application 17846540 titled 'AUTOMATED PAYMENT SPLITTING
Simplified Explanation
The disclosed technology relates to automated payment splitting. It involves detecting a bill for goods or services and identifying contacts who are with the user through social media image analysis. These contacts are then notified to join a payment group, which is created upon receiving a response. A split payment rubric is determined for the group, assigning payment responsibilities to each person based on social media image analysis. Finally, the bill is paid through a split payment among the group according to the rubric.
- The technology automates the process of splitting a bill among a group of people.
- It detects a bill for goods or services and identifies contacts who are with the user through social media image analysis.
- Contacts are notified to join a payment group, which is created upon receiving a response.
- A split payment rubric is determined for the group, assigning payment responsibilities to each person based on social media image analysis.
- The bill is paid through a split payment among the group according to the rubric.
Potential Applications
- This technology can be applied in various industries where group payments are common, such as restaurants, travel, and shared expenses.
- It can be integrated into mobile payment apps or platforms to provide a seamless and automated payment splitting experience for users.
Problems Solved
- Simplifies the process of splitting a bill among a group of people, eliminating the need for manual calculations and individual payments.
- Reduces the potential for conflicts or misunderstandings regarding payment responsibilities within a group.
- Saves time and effort by automating the payment splitting process.
Benefits
- Provides a convenient and efficient way to split bills among a group of people.
- Enhances social interactions by streamlining the payment process and reducing friction.
- Reduces the burden on individuals to manually calculate and collect payments from each person in a group.
Original Abstract Submitted
Disclosed embodiments pertain to automated payment splitting. A bill to a user for goods or services can be detected. Contacts that are collocated with the user can be determined via social media image analysis. A notification can be sent to the contacts to join a payment group. The payment group can be created upon receiving a response to the notification. A split payment rubric can be determined for the payment group. The split payment rubric can enumerate payment responsibilities of each person in the payment group using social media image analysis. Payment of the bill can be completed via a split payment amongst the payment group according to the split payment rubric.
