Method and system for discount debit card
First Claim
1. A system for operating a discount debit card plan for processing of an eCard holder transaction by using a discount plan provider system responsive to a merchant'"'"'s eCard holder related transaction data, crediting the merchant with the transaction amount reduced by a merchant discount and debiting the eCard holder with the transaction amount reduced by an eCard holder discount, and crediting the difference between the merchant discount and the card holder discount as at least one fee to the discount debit card plan provider or its affiliates, comprising, a discount debit plan provider terminal containing data indicative of a discount debit card plan for use by participating merchants and for application to transactions with a discount debit plan provider'"'"'s authorized eCard;
- a participating merchant terminal with merchant identifying data;
said discount debit plan provider eCard with eCard data, including eCard holder identifying data;
a telecommunications network connecting said discount debit plan provider terminal and said merchant terminal for transmitting data between said terminals;
said merchant terminal responsive to said eCard data and to transaction data related to a transaction made between said participating merchant and said eCard holder for transmitting said transaction data to said discount debit plan provider'"'"'s terminal;
said discount debit plan provider'"'"'s terminal responsive to said transaction data for crediting said merchant'"'"'s account with a merchant'"'"'s discounted amount represented by said full transaction amount reduced by said participating merchant'"'"'s discount and debiting said eCard holder'"'"'s account with a eCard holder'"'"'s discounted amount represented by said transaction amount reduced by said eCard holder'"'"'s discount.
1 Assignment
0 Petitions
Accused Products
Abstract
A discount debit card is with a merchant'"'"'s point of sale terminal to register a transaction and send data identifying the transaction, merchant, and the eCard holder to a discount debit plan provider'"'"'s terminal. Authorization to complete the transaction is sent to the merchant'"'"'s terminal while the plan provider'"'"'s terminal manages the cash flow of the merchant discounted transaction amount to the merchant'"'"'s account, the debit of the eCard holder account for the holder'"'"'s discounted purchase amount and distribution of the difference between the merchant discounted amount and the eCard holder discounted amount to the plan provider or its affiliates.
74 Citations
27 Claims
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1. A system for operating a discount debit card plan for processing of an eCard holder transaction by using a discount plan provider system responsive to a merchant'"'"'s eCard holder related transaction data, crediting the merchant with the transaction amount reduced by a merchant discount and debiting the eCard holder with the transaction amount reduced by an eCard holder discount, and crediting the difference between the merchant discount and the card holder discount as at least one fee to the discount debit card plan provider or its affiliates, comprising,
a discount debit plan provider terminal containing data indicative of a discount debit card plan for use by participating merchants and for application to transactions with a discount debit plan provider'"'"'s authorized eCard; - a participating merchant terminal with merchant identifying data;
said discount debit plan provider eCard with eCard data, including eCard holder identifying data;
a telecommunications network connecting said discount debit plan provider terminal and said merchant terminal for transmitting data between said terminals;
said merchant terminal responsive to said eCard data and to transaction data related to a transaction made between said participating merchant and said eCard holder for transmitting said transaction data to said discount debit plan provider'"'"'s terminal;
said discount debit plan provider'"'"'s terminal responsive to said transaction data for crediting said merchant'"'"'s account with a merchant'"'"'s discounted amount represented by said full transaction amount reduced by said participating merchant'"'"'s discount and debiting said eCard holder'"'"'s account with a eCard holder'"'"'s discounted amount represented by said transaction amount reduced by said eCard holder'"'"'s discount. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
- a participating merchant terminal with merchant identifying data;
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10. A method of operating a discount debit card plan for processing of an eCard holder transaction by using a discount plan provider system responsive to a merchant'"'"'s eCard holder related transaction data, crediting the merchant with the transaction amount reduced by a merchant discount and debiting the card holder with the transaction amount reduced by an eCard holder discount, and crediting the difference between the merchant discount and the card holder discount as at least one fee to the discount debit card plan provider or its affiliates, comprising the steps of, connecting into a telecommunications network a discount debit plan provider terminal containing data indicative of a discount debit card plan for use by participating merchants and for application to transactions with a discount debit plan provider'"'"'s authorized eCard;
- connecting into said telecommunications network, a merchant terminal with merchant identifying data;
including in said eCard, eCard data eCard holder'"'"'s identifying data;
transmitting said transaction data to said discount debit plan provider'"'"'s terminal from said merchant terminal, responsive to said eCard data and to transaction data related to a transaction made between said participating merchant and said eCard holder;
responsive to said transaction data, crediting said merchant'"'"'s account with a merchant'"'"'s discounted amount represented by said full transaction amount reduced by said participating merchant'"'"'s discount and debiting said eCard holder'"'"'s account with a eCard holder'"'"'s discounted amount represented by said transaction amount reduced by said eCard holder'"'"'s discount. - View Dependent Claims (11, 12, 13, 14, 15, 16, 17, 18)
- connecting into said telecommunications network, a merchant terminal with merchant identifying data;
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19. A system for operating a discount debit card plan for processing of an eCard holder transaction by using a discount plan provider system responsive to a eCard holder related transaction data, crediting a merchant with the transaction amount reduced by a merchant discount and debiting the card holder with the transaction amount reduced by an eCard holder discount, and crediting the difference between the merchant discount and the card holder discount as at least one fee to the discount debit card plan provider or its affiliates, comprising, a first means containing data indicative of a discount debit card plan for use by participating merchants and for application to transactions with a third means including eCard holder identifying data;
- a second means with said participating merchant identifying data;
a fourth means for connecting said first means and said third means for the transmission and reception of data;
said second means responsive to said third means and to transaction data related to a transaction made with said third means for transmitting said transaction data and said merchant identifying data, to said first means;
said first means responsive to said transaction data for crediting a merchant'"'"'s account with a merchant'"'"'s discounted amount represented by said full transaction amount reduced by said participating merchant'"'"'s discount and debiting said eCard holder'"'"'s account with a eCard holder'"'"'s discounted amount represented by said transaction amount reduced by said eCard holder'"'"'s discount. - View Dependent Claims (20, 21, 22, 23, 24, 25, 26, 27)
- a second means with said participating merchant identifying data;
Specification