TRANSACTION HANDLER MERCHANT REIMBURSEMENT FOR CONSUMER TRANSACTION USE OF SPONSOR DISCOUNT COUPON CARD

• US 20100312626A1
• Filed: 06/08/2009
• Published: 12/09/2010
• Est. Priority Date: 06/08/2009
• Status: Abandoned Application

• Current Assignee: Visa USA, Inc. (Visa, Inc.)
• Original Assignee: Visa USA, Inc. (Visa, Inc.)
• Inventors: Cervenka, Karen L.
• Application Number:
  US12/480,551
• Publication Number:
  US 20100312626A1
• Time in Patent Office: Days
• US Class Current: 705/14.17
• CPC Class Codes: G06Q 20/12 specially adapted for electronic shopping systems
• CPC Class Codes: G06Q 20/387 Payment using discounts or coupons relating to marketing G06Q30/02
• CPC Class Codes: G06Q 20/40 Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 30/0215 Including financial accounts
• CPC Class Codes: G06Q 30/0238 at point-of-sale [POS]

Abstract

A transaction handler receives, from a merchant'"'"'s acquirer, an authorization request for a discount to a purchase. The discount is associated with an electronic coupon stored on a portable consumer device. The electronic coupon is associated with a sponsor account issued to a sponsor of a discount and has been received by the merchant to give the discount on a purchase by a consumer. The discount is to be debited from the sponsor account and credited to an account of the merchant. The first authorization request includes the sponsor account and a discount amount. The transaction handler sends the first authorization request to the issuer of the sponsor account, receives a first authorization back, and sends it to the merchant'"'"'s acquirer. If the first authorization response includes an approval, a payment request is sent to the issuer of the sponsor account to deduct the discount from the sponsor account.

Claims

1. For a payment processing network that includes a plurality of merchants and consumers engaging in a plurality of transactions on a plurality of respective consumer accounts that respective issuers issue to the consumers, each said transaction involving an electronic coupon associated with a sponsor account issued by an issuer, wherein the merchant submits the transaction to an acquirer for processing by a transaction handler who requests the issuer to obtain payment for a discount applied by the merchant to the transaction from the sponsor account, and wherein the issuer forwards the payment to the transaction handler who forwards the payment to the acquirer to reimburse the merchant for the discount given on the transaction, an article of manufacture comprising a computer readable medium having computer readable program code disposed thereon which, when executed by an electronic computing apparatus, performs the method of:

electronically receiving, from one said acquirer, a first authorization request for the application of a discount by one said merchant to a purchase, wherein the discount is associated with an electronic coupon stored on a portable consumer device, the electronic coupon;

being associated with a sponsor account issued to a sponsor of a discount by one said issuer; and

for being receivable by the one said merchant to give the discount on a purchase wherein the discount is to be debited from the sponsor account and credited to one said merchant account issued by another said issuer to the one said merchant to reimburse the one said merchant for the discount;

wherein the first authorization request includes the sponsor account and a discount amount;

electronically sending the first authorization request to the issuer of the sponsor account corresponding to the electronic coupon;

electronically receiving, in response to the sending of the first authorization request, a first authorization;

electronically sending the first authorization response to the one said acquirer; and

operative if the first authorization response includes an approval of the application of the discount to the purchase, electronically sending a first payment request to the issuer of the sponsor account to debit the sponsor account for the discount amount.

2. The article of manufacture of claim 1, wherein the portable coupon device is associated with a consumer account issued by an issuer to the consumer, further comprising a series of computer readable program code which, when executed by the electronic computing apparatus, performs the method of:

electronically receiving, from the one said acquirer, a second transmission requesting authorization of payment from the customer account for a cost of the purchase less the discount amount;

electronically sending a second authorization response to the one said acquirer; and

operative if the second authorization response includes an approval of the electronic coupon, electronically sending a second payment request to the issuer of the consumer account requesting payment of the cost of the purchase less the discount amount from the consumer account.

3. The article of manufacture of claim 1, wherein the sponsor account is issued to a member of the group comprising:

the merchant selling the purchase;

a manufacturer of the purchase;

a wholesaler of the purchase; and

a distributor of the purchase.

4. The article of manufacture of claim 3, further comprising a series of computer readable program code operative if the sponsor account is issued to the one said merchant, which, when executed by the electronic computing apparatus, performs the method of electronically verifying the first authorization request is received from the one said merchant.

5. The article of manufacture of claim 1, wherein the first authorization request includes an expiration date, wherein the first authorization response includes an approval of the electronic coupon where the electronic coupon is not expired.

6. The article of manufacture of claim 1, wherein the first authorization request includes a request to delete the electronic coupon from the portable coupon card.

7. Any portable coupon device for use a payment processing network that includes a plurality of merchants and consumers engaging in a plurality of transactions on a plurality of respective consumer accounts that respective issuers issue to the consumers, each said transaction involving an electronic coupon associated with a sponsor account issued by an issuer, wherein the merchant submits the transaction to an acquirer for processing by a transaction handler who requests the issuer to obtain payment for a discount applied by the merchant to the transaction from the sponsor account, and wherein the issuer forwards the payment to the transaction handler who forwards the payment to the acquirer to reimburse the merchant for the discount given on the transaction, wherein:

each said portable coupon device;

stores at least one said electronic coupon, wherein the electronic coupon is valid after a sponsor submits a payment that is credited to a sponsor account for payment of a discount, each electronic coupon;

identifies a corresponding the sponsor account; and

stores electronically readable information sufficient for one said merchant to request authorization of the discount from an issuer of the sponsor account that is to be debited from the sponsor account and credited to the one said merchant account that was issued to the one said merchant by one said acquirer so as to reimburse the one said merchant for the discount, wherein the discount is applied to a future said purchase from the one said merchant;

and

stores discount information including an identifier for;

the sponsor account;

a discount amount; and

the purchase that is eligible for the discount from the merchant and including at least one of a good and a service;

wherein the portable coupon device is acceptable for a future transaction involving the purchase, wherein the discount amount is debited from the sponsor account.

8. The portable coupon device of claim 7, wherein the promotion account is issued to a member of the group comprising:

the merchant selling the eligible good or service;

a manufacturer of the eligible good;

a wholesaler of the eligible good; and

a distributor of the eligible good.

9. The portable coupon device of claim 7, wherein the portable coupon device is associated with a consumer account issued by an issuer to the consumer.

10. The portable coupon device of claim 7, wherein the portable coupon device is a substantially planar laminate card.

11. The portable coupon device of claim 10, wherein the portable coupon device is a smart card, the information being stored in a memory.

12. The portable coupon device of claim 10, wherein the portable coupon card includes a magnetic stripe, the information being stored on the magnetic stripe.

13. The portable coupon device of claim 7, wherein the stored information further comprises an expiration date.

14. The portable coupon device of claim 7, wherein the stored information further comprises an sponsor merchant, wherein the electronic coupon is valid when the eligible good or service is purchased at the sponsor merchant.

15. For a payment processing network that includes a plurality of merchants and consumers engaging in a plurality of transactions on a plurality of respective consumer accounts that respective issuers issue to the consumers, each said transaction involving an electronic coupon associated with a sponsor account issued by an issuer, wherein the merchant submits the transaction to an acquirer for processing by a transaction handler who requests the issuer to obtain payment for a discount applied by the merchant to the transaction from the sponsor account, and wherein the issuer forwards the payment to the transaction handler who forwards the payment to the acquirer to reimburse the merchant for the discount given on the transaction, a computer program product encoded in a computer readable medium and useable with a programmable computer processor to provide a discount on an eligible good or service to a consumer, the computer program product comprising:

computer readable program code which causes said programmable process to electronically receive, from one said acquirer, a first authorization request for the application of a discount by one said merchant to a purchase, wherein the discount is associated with an electronic coupon stored on a portable consumer device, the electronic coupon;

being associated with a sponsor account issued to a sponsor of a discount by one said issuer; and

for being receivable by the one said merchant to give the discount on a purchase wherein the discount is to be debited from the sponsor account and credited to one said merchant account issued by another said issuer to the one said merchant to reimburse the one said merchant for the discount;

wherein the first authorization request includes the sponsor account and a discount amount;

computer readable program code which causes said programmable process to electronically send the first authorization request to the issuer of the sponsor account corresponding to the electronic coupon;

computer readable program code which causes said programmable process to electronically receive, in response to the sending of the first authorization request, a first authorization;

computer readable program code which causes said programmable process to electronically send the first authorization response to the one said acquirer; and

computer readable program code operative if the first authorization response includes an approval of the application of the discount to the purchase, which causes said programmable process to electronically send a first payment request to the issuer of the sponsor account to debit the sponsor account for the discount amount.

16. The computer programmable product of claim 15, wherein the portable coupon device is associated with a consumer account issued by an issuer to the consumer, further comprising:

computer readable program code which causes said programmable process to electronically receive, from the one said acquirer, a second transmission requesting authorization of payment from the customer account for a cost of the purchase less the discount amount;

computer readable program code which causes said programmable process to electronically send a second authorization response to the one said acquirer; and

computer readable program code operative if the second authorization response includes an approval of the electronic coupon, which causes said programmable process to electronically send a second payment request to the issuer of the consumer account requesting payment of the cost of the purchase less the discount amount from the consumer account.

17. The computer programmable product of claim 15, wherein the sponsor account is issued to a member of the group comprising:

the merchant selling the purchase;

a manufacturer of the purchase;

a wholesaler of the purchase; and

a distributor of the purchase.

18. The computer programmable product of claim 17, further comprising computer readable program code operative if the sponsor account is issued to the one said merchant, which causes said programmable process to electronically verify the first authorization request is received from the one said merchant.

19. The computer programmable product of claim 15, wherein the first authorization request includes an expiration date, wherein the first authorization response includes an approval of the electronic coupon where the electronic coupon is not expired.

20. The computer programmable product of claim 15, wherein the first authorization request includes a request to delete the electronic coupon from the portable coupon card.