System and Method for Locating Rewards and Discounts in E-Commerce
First Claim
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1. A method for locating rewards and discount coupons over the Internet, comprising:
- accessing a portal via a local device;
entering one of a request for a specific item or a request to perform a search for the specific item;
monitoring transactions at the portal via a system match module;
locating a result that matches one of the entered search and request;
placing an order via the portal for an item identified by the search; and
receiving an electronic payment directly from the system match module based on coupons or discounts associated with the identified item.
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Abstract
A centralized system that acts on behalf of multiple merchants, wherein a controlled and manageable way to monitor and issue rewards, discounts, coupons and payments to customers is provided. The system performs calculations to allocate discounts and rewards for individual buyers, designate final prices for individual buyers, and provide fast and efficient settlements of outstanding balances.
62 Citations
28 Claims
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1. A method for locating rewards and discount coupons over the Internet, comprising:
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accessing a portal via a local device; entering one of a request for a specific item or a request to perform a search for the specific item; monitoring transactions at the portal via a system match module; locating a result that matches one of the entered search and request; placing an order via the portal for an item identified by the search; and receiving an electronic payment directly from the system match module based on coupons or discounts associated with the identified item. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16)
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17. A system for locating rewards and discount coupons over the Internet, comprising:
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a portal, said portable being accessed via a local device; a system match module for monitoring transaction at the portal; at least one buyer wish list data base for storing items or areas of interest for individual buyers; at least one vendor wish list database for storing price and quantity limitation for items of interest associated with the discount coupons; and a repository database for storing the discounts and coupons associated with the items of interest. - View Dependent Claims (18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28)
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Specification