METHODS AND SYSTEMS FOR APPROVAL OF CREDIT

摘要

Embodiments disclosed herein provide systems and methods for approving financial credit to purchase goods and/or services carried by a gas retailer. In embodiments, the approval of financial credit may be triggered responsive to an initiator action associated with a fuel level in a vehicle being triggered.

主权项

1. A system for approving a financial transaction at a gas retailer, the system comprising:
a vehicle metric processing device configured to receive metrics associated with a vehicle and determine an initiator triggering event, the metrics including a current level of fuel within the vehicle and a maximum level of fuel for the vehicle; a distance processing device configured to determine an amount of fuel required for the vehicle to arrive at the gas retailer; a fuel price module configured to determine a price for a transaction at the gas retailer, the price for the transaction being based on the current level of fuel within the vehicle, the maximum level of fuel for the vehicle, the amount of fuel required for the vehicle to arrive at the gas retailer, and a fuel price at the gas retailer; a bidding processing device configured to receive bids for the price of the transaction at the gas retailer from at least one financial institution; and a prepay processing device configured to select a bid for the price of the transaction to complete the transaction, wherein the financial institution associated with the selected bid completes the transaction.