FEES AND FOREIGN CURRENCY EXCHANGE CALCULATION

Patent №

US 8,831,986

Granted

2014-09-09

Filed 2010

Owner

EBAY INC.

Lab

AI components

1

kr

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

12828013

Various methods, apparatus, and systems are disclosed for calculating a fee linked to an online financial transaction. In one embodiment, a method includes receiving a fee calculation request linked to an online financial transaction associated with a fee type, a country code, and a client identifier; and then selecting, using a microprocessor, an initial base fee from either a default base fee determined by the fee type and the country code or from an overriding base fee associated with the financial transaction, wherein the initial base fee includes a transaction percentage and a fixed amount. The method further includes applying, using the microprocessor, at least one adjustment to the initial base fee to calculate a final fee, the at least one adjustment being applied when an associated condition set is determined to be true.

Knowledge representationG06Q 20/085G06Q 20/381G06Q 40/00G06Q 40/02G06Q 40/03G06Q 40/04G06Q 40/06

AI classification

Knowledge representation0.53
Vision0.02
Planning0.00
Natural language0.00
Machine learning0.00
AI hardware0.00
Speech0.00
Evolutionary computation0.00

Ownership

EBAY INC.

assignment · 246200318

Assignors

AGARWAL, VINIT, BLACK, STEVEN TODD, DEVESETTI, RAVI, GRANT, TYLER C, PEDDY, NICK K, WIDJAJA, KRISTIAN

On an employer assignment, the assignors are typically the inventors.

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