SYSTEM AND METHOD FOR PROVIDING VARIABLE INCENTIVES BASED ON SPENDING
First Claim
1. A system for providing incentives to a customer based on spending behavior, the system comprising:
- a customer account established with the customer for depositing funds,wherein a first rate of return is applied to the deposited funds in the customer account based on the amount of funds spent from the customer account, andwherein a second rate of return is applied to funds in the customer account based on the amount of funds not spent from the customer account.
2 Assignments
0 Petitions
Accused Products
Abstract
Systems and methods for providing incentives to a customer based on spending behavior include a customer account established with the customer for depositing funds and for purchasing one or more items from at least one merchant. A first rate of return is applied to the deposited funds in the customer account based on the amount of funds spent from the customer account. A second rate of return is applied to funds in the customer account based on the amount of funds not spent from the customer account. The first rate of return is at least greater than the second rate of return, and the first and second rates of return comprise an interest rate.
27 Citations
20 Claims
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1. A system for providing incentives to a customer based on spending behavior, the system comprising:
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a customer account established with the customer for depositing funds, wherein a first rate of return is applied to the deposited funds in the customer account based on the amount of funds spent from the customer account, and wherein a second rate of return is applied to funds in the customer account based on the amount of funds not spent from the customer account. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
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10. A system for providing incentives to a customer based on one or more financial transactions between the customer and at least one merchant, the system comprising:
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a transaction service provider adapted to establish a customer account with the customer for depositing funds, wherein the transaction service provider applies a first rate of return to funds in the customer account based on the amount of funds spent from the customer account, and wherein the transaction service provider applies a second rate of return to funds in the customer account based on the amount of funds not spent from the customer account. - View Dependent Claims (11, 12, 13, 14, 15)
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16. A method comprising:
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establishing a customer account with a customer for depositing funds; monitoring the spending behavior of the customer; applying a first rate of return to the deposited funds based on the amount of funds spent from the customer account; and applying a second rate of return to the deposited funds based on the amount of funds not spent from the customer account. - View Dependent Claims (17, 18, 19, 20)
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Specification