IGT (20240378574). LINKING GAMING ESTABLISHMENT FUND MANAGEMENT ACCOUNT WITH FINANCIAL ACCOUNT ASSOCIATED WITH PAYMENT INSTRUMENT simplified abstract
Contents
- 1 LINKING GAMING ESTABLISHMENT FUND MANAGEMENT ACCOUNT WITH FINANCIAL ACCOUNT ASSOCIATED WITH PAYMENT INSTRUMENT
- 1.1 Organization Name
- 1.2 Inventor(s)
- 1.3 LINKING GAMING ESTABLISHMENT FUND MANAGEMENT ACCOUNT WITH FINANCIAL ACCOUNT ASSOCIATED WITH PAYMENT INSTRUMENT - A simplified explanation of the abstract
- 1.4 Simplified Explanation
- 1.5 Key Features and Innovation
- 1.6 Potential Applications
- 1.7 Problems Solved
- 1.8 Benefits
- 1.9 Commercial Applications
- 1.10 Prior Art
- 1.11 Frequently Updated Research
- 1.12 Questions about the Technology
- 1.13 Original Abstract Submitted
LINKING GAMING ESTABLISHMENT FUND MANAGEMENT ACCOUNT WITH FINANCIAL ACCOUNT ASSOCIATED WITH PAYMENT INSTRUMENT
Organization Name
Inventor(s)
Lisa Schiffer of Norton MA (US)
Jeffery Shepherd of Reno NV (US)
LINKING GAMING ESTABLISHMENT FUND MANAGEMENT ACCOUNT WITH FINANCIAL ACCOUNT ASSOCIATED WITH PAYMENT INSTRUMENT - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240378574 titled 'LINKING GAMING ESTABLISHMENT FUND MANAGEMENT ACCOUNT WITH FINANCIAL ACCOUNT ASSOCIATED WITH PAYMENT INSTRUMENT
Simplified Explanation
The patent application describes systems and methods that allow funds from a gaming establishment account to be used to pay off debts associated with a financial account.
Key Features and Innovation
- Integration of gaming establishment account funds for financial transactions
- Streamlined process for settling financial obligations
- Enhanced convenience for users with both gaming and financial accounts
- Secure and efficient fund transfer mechanisms
- Potential for reducing late payments and improving financial management
Potential Applications
This technology could be applied in various industries such as:
- Online gaming platforms
- Banking and financial services
- E-commerce websites
- Mobile payment applications
Problems Solved
The technology addresses the following issues:
- Simplifying the process of settling financial debts
- Providing a convenient way to use gaming funds for other purposes
- Enhancing financial management for individuals with gaming accounts
- Improving overall user experience and satisfaction
Benefits
- Increased convenience for users with multiple accounts
- Reduction in late payments and associated fees
- Enhanced financial management capabilities
- Streamlined fund transfer processes
- Improved user satisfaction and loyalty
Commercial Applications
- "Innovative Payment Solutions: Enhancing User Experience and Convenience in Gaming and Financial Transactions"
Prior Art
Readers interested in prior art related to this technology can explore similar patents in the fields of gaming, finance, and payment processing.
Frequently Updated Research
Stay updated on the latest advancements in gaming and financial technology to leverage the full potential of this innovative payment solution.
Questions about the Technology
How does this technology improve user experience in gaming and financial transactions?
This technology enhances user experience by allowing seamless fund transfers between gaming and financial accounts, reducing the hassle of managing separate accounts for different purposes.
What security measures are in place to protect user funds and personal information?
The technology employs robust security protocols to safeguard user funds and personal data, ensuring a secure and reliable transaction process.
Original Abstract Submitted
systems and methods that utilize funds associated with a gaming establishment account to transact against an amount of funds owed in association with a financial account.
