US Patent Issued to CITICORP CREDIT SERVICES INC. (USA) on May 6 for "Methods and systems for providing a best price guarantee" (New York, New Jersey Inventors)

ALEXANDRIA, Va., June 10 -- United States Patent no. 12,293,381, issued on May 6, was assigned to CITICORP CREDIT SERVICES INC. (USA) (Long Island City, N.Y.).

"Methods and systems for providing a best price guarantee" was invented by Neeraj Sharma (New York), Ateesh Tankha (Secaucus, N.J.), Anthony Merola (Merrick, N.Y.) and Michael Ying (New York).

According to the abstract* released by the U.S. Patent & Trademark Office: "A financial institution can provide a best price guarantee to debit or credit card account holders. By providing a consolidated system including automatic price monitoring of purchased products and automatic claim form generation upon identifying a lower price, the consumer is relieved of the burden typically associat...