Location-based discounts in different currencies
First Claim
1. A method comprising:
- associating, by a computer based system, a transaction account of a user with a reward program, wherein the transaction account is associated with a first monetary currency;
determining, by the computer based system, a current location of the user based on at least one of spend data associated with a current location of a user device of the user, an activity associated with the transaction account, or an action in a digital channel associating the current location of the user device with a geographic region of an offer;
determining, by the computer based system, a future location of the user based on at least one of a travel itinerary of the user or the action in the digital channel associating a future location of the user device with the geographic region of the offer;
identifying, by the computer based system, the offer from the reward program having a plurality of offers with eligibility requirements, wherein the eligibility requirements include the transaction in a second monetary currency and the geographic region of the offer, and wherein the identifying is based on satisfying the eligibility requirements, the current location and the future location;
notifying, by the computer based system, the user device about the offer;
associating, by the computer based system and in response to the notifying, the offer with the transaction account;
receiving, by the computer based system, transaction information comprising transaction account information and purchase information to validate the offer;
converting, by the computer based system, an amount of the offer from the second monetary currency associated with the future location of the user to the first monetary currency associated with the transaction account;
providing, by the computer based system, a monetary credit associated with the offer to the transaction account in the first monetary currency associated with the transaction account; and
providing, by the computer based system, a monetary debit associated with the offer to a sponsoring entity of the offer in the second monetary currency associated with the future location of the user.
1 Assignment
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Accused Products
Abstract
The systems and methods of the disclosure allow user from various countries to take advantage of offers when they are traveling internationally. Once the purchase associated with the offer is made, the transaction information may be processed by the system, such that, the credit and debit associated with the purchase are transmitted to the transaction account and the merchant. The transaction information may be further processed to determine whether the particular transaction is eligible for a reward. Where the transaction is eligible for a reward, the credit and debit associated with reward are transmitted to the transaction account and the sponsoring entity. The reward may be provided in any suitable currency or in various currencies based on the parameters governing the reward offer.
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Citations
20 Claims
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1. A method comprising:
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associating, by a computer based system, a transaction account of a user with a reward program, wherein the transaction account is associated with a first monetary currency; determining, by the computer based system, a current location of the user based on at least one of spend data associated with a current location of a user device of the user, an activity associated with the transaction account, or an action in a digital channel associating the current location of the user device with a geographic region of an offer; determining, by the computer based system, a future location of the user based on at least one of a travel itinerary of the user or the action in the digital channel associating a future location of the user device with the geographic region of the offer; identifying, by the computer based system, the offer from the reward program having a plurality of offers with eligibility requirements, wherein the eligibility requirements include the transaction in a second monetary currency and the geographic region of the offer, and wherein the identifying is based on satisfying the eligibility requirements, the current location and the future location; notifying, by the computer based system, the user device about the offer; associating, by the computer based system and in response to the notifying, the offer with the transaction account; receiving, by the computer based system, transaction information comprising transaction account information and purchase information to validate the offer; converting, by the computer based system, an amount of the offer from the second monetary currency associated with the future location of the user to the first monetary currency associated with the transaction account; providing, by the computer based system, a monetary credit associated with the offer to the transaction account in the first monetary currency associated with the transaction account; and providing, by the computer based system, a monetary debit associated with the offer to a sponsoring entity of the offer in the second monetary currency associated with the future location of the user. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13)
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14. A computer based system comprising:
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a processor; and a network interface communicating with a tangible, non-transitory memory, the processor, when executing a computer program, performs operations comprising; associating, by the processor, a transaction account of a user with a reward program, wherein the transaction account is associated with a first monetary currency; determining, by the processor, a current location of the user based on at least one of spend data associated with a current location of a user device of the user, an activity associated with the transaction account, or an action in a digital channel associating the current location of the user device with a geographic region of an offer; determining, by the processor, a future location of the user based on at least one of a travel itinerary of the user or the action in the digital channel associating a future location of the user device with the geographic region of the offer; identifying, by the processor, the offer from the reward program having a plurality of offers with eligibility requirements, wherein the eligibility requirements include the transaction in a second monetary currency and the geographic region of the offer, and wherein the identifying is based on satisfying the eligibility requirements, the current location and the future location; notifying, by the processor, the user device about the offer; associating, by the processor and in response to the notifying, the offer with the transaction account; receiving, by the processor, transaction information comprising transaction account information and purchase information to validate the offer; converting, by the processor, an amount of the offer from the second monetary currency associated with the future location of the user to the first monetary currency associated with the transaction account; providing, by the processor, a monetary credit associated with the offer to the transaction account in the first monetary currency associated with the transaction account; and providing, by the processor, a monetary debit associated with the offer to a sponsoring entity of the offer in the second monetary currency associated with the future location of the user. - View Dependent Claims (15, 16, 17, 18, 19)
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20. A non-transitory computer-readable storage medium having stored thereon sequences of instructions, the sequences of instructions including instructions which, when executed by a computer based system, cause the computer based system to perform operations comprising:
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associating, by the computer based system, a transaction account of a user with a reward program, wherein the transaction account is associated with a first monetary currency; determining, by the computer based system, a current location of the user based on at least one of spend data associated with a current location of a user device of the user, an activity associated with the transaction account, or an action in a digital channel associating the current location of the user device with a geographic region of an offer; determining, by the computer based system, a future location of the user based on at least one of a travel itinerary of the user or the action in the digital channel associating a future location of the user device with the geographic region of the offer; identifying, by the computer based system, the offer from the reward program having a plurality of offers with eligibility requirements, wherein the eligibility requirements include the transaction in a second monetary currency and the geographic region of the offer, and wherein the identifying is based on satisfying the eligibility requirements, the current location and the future location; notifying, by the computer based system, the user device about the offer; associating, by the computer based system and in response to the notifying, the offer with the transaction account; receiving, by the computer based system, transaction information comprising transaction account information and purchase information to validate the offer; converting, by the computer based system, an amount of the offer from the second monetary currency associated with the future location of the user to the first monetary currency associated with the transaction account; providing, by the computer based system, a monetary credit associated with the offer to the transaction account in the first monetary currency associated with the transaction account; and providing, by the computer based system, a monetary debit associated with the offer to a sponsoring entity of the offer in the second monetary currency associated with the future location of the user.
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Specification