System and method for providing an automatic purchase reward
First Claim
Patent Images
1. A method for providing a reward to a purchaser in response to the purchaser making a purchase from a vendor, the method comprising the steps of:
- presenting, by the purchaser, a predetermined account identifier to the vendor, the account identifier identifying an account of the purchaser from which funds are to be transferred to the vendor, the account being maintained and provided to the purchaser by an account provider;
creating, by the vendor, a transaction record corresponding to the purchase, the transaction record including the account identifier and a first amount of funds to be debited from the identified account with respect to the purchase;
submitting, by the vendor, the transaction record for receipt by the account provider and also for receipt by a reward provider;
debiting, by the account provider, the identified account for the first amount of funds based on the received transaction record;
comparing, by the reward provider, the received transaction record with a plurality of available rewards to determine that the reward should be issued to the purchaser based on the purchase corresponding to the received transaction record and based on a relevant one of the available rewards;
creating, by the reward provider, a reward transaction record corresponding to the reward, the reward transaction record including the account identifier and a second amount of funds to be credited to the identified account with respect to the reward;
submitting, by the reward provider, the reward transaction record for receipt by the account provider; and
crediting, by the account provider, the identified account for the second amount of funds based on the received reward transaction record.
1 Assignment
0 Petitions
Accused Products
Abstract
A system and method for accessing promotion information and for generating available rewards therefrom is disclosed. The system stores a plurality of promotion information records, where each record includes an available reward in connection with a purchase from a vendor. The system also stores a user profile for a system user which includes user preference information based upon preferences of the user. The stored promotion information records are presented to the user. Such user selects records for presentation and selects the available reward of a record. The selected available reward is the stored for the user. A reward is issued to the user upon presentation of a pre-determined account identifier to a vendor in connection with a purchase for which the available reward has been stored. The account identifier identifies an account from which funds are to be transferred to the vendor. A transaction record corresponding to the purchase is received, and includes the account identifier and a first amount of funds to be debited from the identified account. The received transaction record is compared with the selected available reward to determine that the reward should be issued based on the purchase and the available reward. Based on such determination, the identified account is credited for a second amount of funds based on the reward.
-
Citations
28 Claims
-
1. A method for providing a reward to a purchaser in response to the purchaser making a purchase from a vendor, the method comprising the steps of:
-
presenting, by the purchaser, a predetermined account identifier to the vendor, the account identifier identifying an account of the purchaser from which funds are to be transferred to the vendor, the account being maintained and provided to the purchaser by an account provider;
creating, by the vendor, a transaction record corresponding to the purchase, the transaction record including the account identifier and a first amount of funds to be debited from the identified account with respect to the purchase;
submitting, by the vendor, the transaction record for receipt by the account provider and also for receipt by a reward provider;
debiting, by the account provider, the identified account for the first amount of funds based on the received transaction record;
comparing, by the reward provider, the received transaction record with a plurality of available rewards to determine that the reward should be issued to the purchaser based on the purchase corresponding to the received transaction record and based on a relevant one of the available rewards;
creating, by the reward provider, a reward transaction record corresponding to the reward, the reward transaction record including the account identifier and a second amount of funds to be credited to the identified account with respect to the reward;
submitting, by the reward provider, the reward transaction record for receipt by the account provider; and
crediting, by the account provider, the identified account for the second amount of funds based on the received reward transaction record. - View Dependent Claims (4, 5, 6)
-
-
2. The method of claim I wherein the step of submitting, by the vendor, the transaction record for receipt by the account provider comprises:
-
submitting, by the vendor, the transaction record to a transaction processor;
organizing, by the transaction processor, the transaction record into a formatted transaction record; and
submitting, by the transaction processor, a first copy of the formatted transaction record for receipt by the account provider. - View Dependent Claims (3)
-
-
7. A system for accessing promotional information and for generating available rewards therefrom, the system comprising:
-
promotion information record storing means for storing a plurality of promotion information records, each promotion information record including an available reward in connection with a purchase from a vendor;
user profile storing means for storing a user profile for a system user, the user profile including user preference information based on preferences of the user;
presentation means for presenting the stored promotion information records to the system user, where the user selects promotion information records for presentation;
selecting means for selecting the available reward of a promotion information record for the user;
available reward storing means for storing the selected available reward for the user, the record of the available reward being stored in an available reward record database in connection with the user profile for the user; and
reward issuing means for issuing a reward to the user upon presentation by the user of a predetermined account identifier to a vendor in connection with a purchase for which the available reward has been stored for the user in the available reward storing means, the account identifier identifying an account of the user from which funds are to be transferred to the vendor, the account being maintained and provided to the user by an account provider, the reward issuing means including;
means for receiving a transaction record corresponding to the purchase, the transaction record including the account identifier and a first amount of funds to be debited from the identified account with respect to the purchase;
means for comparing the received transaction record with the available reward for the user in the available reward storing means to determine that the reward should be issued to the user based on the purchase corresponding to the received transaction record and based on the available reward for the user; and
means for crediting the identified account for a second amount of funds based on the reward. - View Dependent Claims (8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28)
-
Specification
-
- Resources
Litigation Campaign Assessment
Thank you for your request. You will receive a custom alert email when the Litigation Campaign Assessment is available.
×
-
Current AssigneePrio, Inc. (Avantax, Inc.)
-
Original AssigneePrio, Inc. (Avantax, Inc.)
-
InventorsDavid, Bernard, Raman, Vas, Narasimhan, Ashok
-
Application NumberUS10/175,560Publication NumberTime in Patent OfficeDaysField of SearchUS Class Current705/14CPC Class CodesG06Q 20/045 using payment protocols inv...G06Q 20/387 Payment using discounts or ...G06Q 30/02 Marketing; Price estimation...G06Q 30/0219 based on funds or budgetG06Q 30/0269 based on user profile or at...G06Q 30/0277 Online advertisementG07F 17/42 for ticket printing or like...H04N 21/25891 being end-user preferences ...
