US 12,008,643 B1
Classifier performing eligibility determination
Ariana Poursartip, San Francisco, CA (US); John Bryan Scott, San Francisco, CA (US); and Kevin Teh, San Francisco, CA (US)
Assigned to BLOCK, INC., Oakland, CA (US)
Filed by BLOCK, INC., San Francisco, CA (US)
Filed on Oct. 14, 2022, as Appl. No. 17/966,038.
Application 17/966,038 is a continuation of application No. 16/596,903, filed on Oct. 9, 2019, granted, now 11,481,839.
Application 16/596,903 is a continuation of application No. 14/491,958, filed on Sep. 19, 2014, granted, now 10,445,826, issued on Oct. 15, 2019.
Claims priority of provisional application 62/003,000, filed on May 26, 2014.
This patent is subject to a terminal disclaimer.
Int. Cl. G06Q 40/00 (2023.01); G06F 18/214 (2023.01); G06Q 20/10 (2012.01); G06Q 20/24 (2012.01); G06Q 40/02 (2023.01); G06Q 40/03 (2023.01)
CPC G06Q 40/03 (2023.01) [G06F 18/214 (2023.01)] 20 Claims
OG exemplary drawing
 
1. A computer implemented method comprising:
processing, by a payment server, a plurality of transactions between a plurality of customers and a plurality of merchants;
training, by the payment server, a classifier with training data to obtain a trained classifier, the training data used for training the classifier including transaction information of the plurality of transactions processed by the payment server between the plurality of customers and the plurality of merchants;
inputting, by the payment server, to the trained classifier, information related to one or more transactions that are associated with a user, the trained classifier trained to evaluate eligibility of the user to receive an offer for financing based at least on evaluating transactions in which the user participated and at least some of which were processed by the payment server;
determining, by the payment server, based on an output from the trained classifier, the eligibility of the user to receive the offer for the financing;
generating, by the payment server, the offer for the financing for an amount determined based at least in part on the eligibility of the user;
causing, by the payment server, presentation of the offer for the financing on a computing device associated with the user, wherein the offer specifies terms for the financing; and
based at least on receiving an indication of acceptance of the offer, sending, by the payment server, at least one instruction for providing the financing.