Method and system for dynamically customizing a transaction of subsidized goods using an identity medium

A subsidy and payment system dynamically determines a consumer's subsidy entitlement status and calculates a customized subsidy applicable to purchase of subsidized goods based on the consumer's authenticated government-endorsed 5 identity. The subsidy and payment system additionally facil...

Full description

Saved in:
Bibliographic Details
Main Authors NGAU, WU WEI, YAP, KE LIP, LEONG, YI HAO
Format Patent
LanguageEnglish
Published 20.08.2015
Subjects
CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
Online AccessGet full text

Cover

More Information
Summary:A subsidy and payment system dynamically determines a consumer's subsidy entitlement status and calculates a customized subsidy applicable to purchase of subsidized goods based on the consumer's authenticated government-endorsed 5 identity. The subsidy and payment system additionally facilitates electronic payments from the consumer and subsidy rebates to the consumer in connection with the purchase of subsidized goods based on the authenticated government-endorsed identity without requiring additionally information or actions from the consumer.
Bibliography:Application Number: AU20150205951