Technique for eliminating fraudulent use of printed coupons

• US 20090204494A1
• Filed: 11/03/2008
• Published: 08/13/2009
• Est. Priority Date: 11/01/2007
• Status: Active Grant

• Current Assignee: Winmore, Inc.
• Original Assignee: Lee S. Weinblatt
• Inventors: Weinblatt, Lee S.
• Granted Patent: US 8,195,510 B2
• Time in Patent Office: Days
• US Class Current: 705/14.100
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 30/0207 Discounts or incentives, e.g. coupons or rebates
• CPC Class Codes: G06Q 30/0225 Avoiding frauds

Abstract

A method for redeeming coupons, comprising the steps of storing on an electronic device an electronic coupon having encrypted data and unencrypted data, wherein the encrypted data is required for printing the coupon; reading data stored on the portable electronic device at purchase location, and comparing the unencrypted data with product data obtained at the purchase location, and if a match is detected, decrypting the encrypted data; and printing the coupon at the purchase location with the decrypted data

Claims

1. A method for redeeming coupons, comprising the steps of:

storing on an electronic device an electronic coupon having encrypted data and unencrypted data, wherein the encrypted data is required for printing the coupon;

reading data stored on the portable electronic device at a purchase location, comparing the unencrypted data with product data obtained at the purchase location and, if a match is detected, decrypting the encrypted data; and

printing the coupon at the purchase location with the decrypted data.

2. The method of claim 1, wherein the electronic device is a portable electronic device.

3. The method of claim 1, wherein the electronic coupon is stored on the electronic device in response to a manual command activated by a consumer.

4. The method of claim 3, wherein the manual command is actuated while the consumer is exposed to an advertisement of the product.

5. The method of claim 2, wherein the electronic coupon is automatically transmitted to the portable device by communication apparatus located at the purchase location.

6. The method of claim 1, wherein the product data is obtained by scanning a bar code on a purchased product.

7. The method of claim 1, wherein the unencrypted data is displayed as human intelligible information.

8. The method of claim 1, wherein the unencrypted data identifies a product to which the coupon applies.

9. The method of claim 1, comprising immediate redemption of the printed coupon at the purchase location.

10. A method for redeeming coupons at a purchase location, comprising the steps of:

reading an electronic coupon having encrypted data and unencrypted data, wherein the encrypted data is required for printing the coupon;

comparing the unencrypted data with product data obtained at the purchase location, and if a match is detected, decrypting the encrypted data; and

printing the coupon at the purchase location with the decrypted data for immediate redemption.

11. The method of claim 10, wherein the electronic coupon is stored on a portable electronic device.

12. The method of claim 10, wherein the product data is obtained by scanning a bar code on a purchased product.

13. The method of claim 10, wherein the unencrypted data is displayed as human intelligible information.

14. The method of claim 10, wherein the unencrypted data identifies a product to which the coupon applies.