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System and method for location-based copay card redemption management

  • US 10,282,738 B2
  • Filed: 04/09/2014
  • Issued: 05/07/2019
  • Est. Priority Date: 04/10/2013
  • Status: Active Grant
First Claim
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1. A method to provide to a plurality of users, each having an associated user device connected to a network, a ranked listing of a plurality of referral sources that issue one or more of a plurality of copay cards to a plurality of consumers, each card is uniquely identified and is redeemable by a plurality of redeemers, the user device is configured to receive its geographic location from a global positioning system, the method comprising steps of:

  • on a processor connected to the network;

    receiving, from each of the plurality of redeemers, a rate of redeemed copay cards and data identifying these of the pluralities of referral sources and redeemers associated with the redeemed copay card;

    setting a geographic area of the user device in view of the geographic location of the user device;

    ranking the plurality of referral sources and the plurality of redeemers, respectively, within the geographic area based on the rate and distance of said respective referral sources from the user device; and

    producing the ranked listing of the ranked plurality of referral sources and the ranked plurality of redeemers within the geographic area and their distance from the user device, wherein the ranked listing is automatically updated in real-time in response to changes of the geographic location.

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