Patents, page-44

First 44 Last

Share
Profile

Follow
street talk

6,350 Posts.

65

14/03/19

10:30

Post #: 37757495
Share

Originally posted by Warnie: ↑

about the patent 1) it holds little to no value IMO if you read the patent, not all patents hold value so don't get too carried away (caveat to this is IF Visa and/or MC do a deal with SPT read down further for explanation) 2) I don't believe a patent to take funds from a credit card in installments to stop interest is patentable without a high challenge (to defend it would be tough IMO) , by virtue let's say Visa and or mastercard allows the merchant (any merchant) to put a hold over the customers card for the full amount, then take part payments (installments) on that card (themselves in-house), or Visa and MC do it for them, take the payment in installments no big deal, it's really not novel or new and I doubt there is no prior art to this, and even if there wasn't, Visa and MC can just make the decision to allow all merchants to do the same with some underlying code.

yes one could argue that that code I speak of is actually the patent held by SPT, good luck going up against MC and Visa, SPT need MC and Visa more than they need SPT, hence the conundrum here.

That all being said, IF SPT could get Visa and MC onboard to ONLY allow SPT to use the option and code to take payments in installments (no one else) then that's a different kettle of fish, and IMO highly valuable.

So that all being said, SPT need to cut a deal with Visa and MC and they then could be huge, if not they can be cutout by both MC and Visa easily if need be.

just my thoughts.

Expand

SPT just pre auth and then re auth each month. It’s nothing new and there are so many transactions done daily globally, particularly in the travel & leisure industry of pre auth’s being done, it would be impossible for Visa/MC to give exclusivity to one company

SPT Price at posting: $1.40 Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

DUI

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

PYC

Scientific conference spotlights PYC's work on blindness disease treatment

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

SIG

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

LPE

Sales growth pushes Lovisa's fortunes (and shares) upwards

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

HotCopper Highlights: Your most watched stocks for Week 47, 2024

There are more pages in this discussion • 21 more messages in this thread...

First 44 Last

Add SPT (ASX) to my watchlist

Patents, page-44

Top Stories

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

Scientific conference spotlights PYC's work on blindness disease treatment

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

Sales growth pushes Lovisa's fortunes (and shares) upwards

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

HotCopper Highlights: Your most watched stocks for Week 47, 2024