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PRICE PROTECTION SYSTEM AND METHOD

  • US 20090012858A1
  • Filed: 03/06/2008
  • Published: 01/08/2009
  • Est. Priority Date: 03/06/2007
  • Status: Abandoned Application
First Claim
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1. A computer-implemented method for providing an electronic notification of eligibility for a refund in accordance with a price protection policy, the method comprising:

  • storing information associated with a purchase transaction involving a buyer and an item purchased, said information including buyer information, identification of the purchased item, date of purchase and a transaction price for the purchased item;

    monitoring information retrieved from at least one web page to identify a change in status associated with the purchased item, said retrieved information identifying a current purchase price for the purchased item;

    determining whether the buyer is eligible for a refund using the stored information and the retrieved information; and

    notifying the buyer if it is determined that the buyer is eligible for a refund due to the buyer under a price protection policy.

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