Patent classifications
B67D7/305
FUEL DISTRIBUTION SYSTEM WITH CORRECTION MECHANISM
The fuel distribution system with correction mechanism includes systems and methods for distributing fuel at a plurality of fuel pumps. Fuel is distributed at a first fuel pump and at a second fuel pump. Erroneously, multiple payments are received for the distribution of fuel at the first fuel pump. One of the multiple payments is applied to an outstanding transaction of the second fuel pump. The difference amount between the payment applied to the second fuel pump and an amount associated with the outstanding transaction of the second fuel pump is calculated and resolved.
CONTROL SYSTEM FOR A FUEL DISPENSER
An improved control system for a fuel dispenser is disclosed that enables fuel dispensers to process prepaid gas cards based upon a discounted wholesale cost or a non-discounted price that is locked in at the time of the purchase without taking delivery. The control system has access to a snap shot of the regional wholesale gasoline costs across an entire region, such as the US, at the time of purchase of the prepaid gas card. This enables the prepaid gas card to provide a discount on the wholesale cost component of a gallon of gas at any location across the entire region. Since the discount only applies to one component of the retail gas price per gallon; namely, the wholesale gas cost per gallon, the control system automatically calculates a discounted retail gas price at the time and location of delivery based upon the discounted or locked in wholesale cost at the time of purchase of the prepaid gas card. The prepaid gas discount card is received in a magnetic card reader at the fuel dispenser in the same manner as conventional credit cards and provides a wholesaler the ability to create an elastic demand for the gas and regain customer loyalty for gas credit cards.
WHOLESALE FUEL DISCOUNT SYSTEM
An improved control system for a fuel dispenser solves the problems of the prior art by enabling processing of prepaid fuel discount cards that discount only the wholesale price component of the per unit retail fuel price. The control system recalculates the per unit retail price based upon the applied discount. Upon purchase of the prepaid fuel discount card, a snapshot of the wholesale price components is taken of all fuel dispensers in a region and locked in for the purchaser at the time of purchase of the prepaid discount fuel card. A central server performs back office processing and recalculates the retail per unit price of fuel at the time of delivery of the fuel based upon a discount applied to the per unit wholesale price component for the fuel dispenser location where the fuel is being delivered. With the novel system disclosed herein, the wholesaler can control the amount of the discounts applied to the retail unit price of fuel. The system enables the wholesaler to create an elastic demand for the fuel and regain customer loyalty for fuel credit cards. Initially the purchaser deposits an initial amount of money in the account. The average weighted wholesale price per gallon is determined after each deposit is made. The average weighted wholesale price is used to pay for delivery of gasoline.
CONSUMER WHOLESALE GAS DISCOUNT CARD SYSTEM
A wholesale gas discount card system allows an oil company to provide a uniform percentage discount across regions where the wholesale price per gallon varies and at the same time allows consumers to get a discount on the retail price per gallon of gas. The wholesale gas discount card system operates as a subscription system in which only subscribing consumers are able to receive discounts at participating retail gas stations. The discount is based upon a predetermined amount of the wholesale price component of the retail gas price per gallon, for example 5%. The percentage wholesale price discounts can vary depending on the gasoline type, i.e. regular, mid-range, premium and diesel. In this way, a wholesaler can control their price margin across regions with varying wholesale price components per gallon. Participating consumers can download a software application onto their smart phone that provides the locations of participating retail gas stations in a given area and the discounted retail gas prices per gallon. Once a retail station is selected, the consumer inserts a discount credit card into the gas dispenser. The system uses the account information from the credit card and the location of the gas pump to process the transaction as the consumer pumps gas into their vehicle. The gas is charged to their credit account. Based upon a predetermined discount, the total discounted cost of the transaction is determined back office and credited on the consumer's account and optionally displayed on the pump.
CONTROL SYSTEM FOR A FUEL DISPENSER
An improved control system for a fuel dispenser is disclosed that enables fuel dispensers to process prepaid gas cards based upon a discounted wholesale cost or a non-discounted price that is locked in at the time of the purchase without taking delivery. The control system has access to a snap shot of the regional wholesale gasoline costs across an entire region, such as the US, at the time of purchase of the prepaid gas card. This enables the prepaid gas card to provide a discount on the wholesale cost component of a gallon of gas at any location across the entire region. Since the discount only applies to one component of the retail gas price per gallon; namely, the wholesale gas cost per gallon, the control system automatically calculates a discounted retail gas price at the time and location of delivery based upon the discounted or locked in wholesale cost at the time of purchase of the prepaid gas card. The prepaid gas discount card is received in a magnetic card reader at the fuel dispenser in the same manner as conventional credit cards and provides a wholesaler the ability to create an elastic demand for the gas and regain customer loyalty for gas credit cards.
Fire pit gas delivery and pay-station system providing gas service on a pay-per-use basis
Embodiments of the invention relate to a gas fire pit delivery and pay-station system for providing a gas service on a pay-per-use basis. The system provides a multi pay-station or a single pay-station configuration connected to a main gas supply of pressurized gas whereby a control signal is provided by the pay-station to a plurality of electronically controlled gas valves for disabling or enabling the pressurized gas to flow to one or more fire pit stations.
Fuel distribution system with correction mechanism
The fuel distribution system with correction mechanism includes systems and methods for distributing fuel at a plurality of fuel pumps. Fuel is distributed at a first fuel pump and at a second fuel pump. Erroneously, multiple payments are received for the distribution of fuel at the first fuel pump. One of the multiple payments is applied to an outstanding transaction of the second fuel pump. The difference amount between the payment applied to the second fuel pump and an amount associated with the outstanding transaction of the second fuel pump is calculated and resolved.