TRANSACTION PROCESSING METHOD AND SYSTEM
First Claim
1. A computer-implemented transaction processing method allowing consumers to access offerings across a plurality of merchants using a single unique identification for each consumer, the method comprising:
- (a) storing information on the consumers in a database including a unique identification associated with each of the consumers;
(b) storing information on one or more merchant offerings from each of the plurality of merchants in a database; and
(c) for each of said plurality of merchants;
(i) receiving from a merchant over a communications network information on a proposed transaction with a consumer involving a merchant offering, said information including an identification of the merchant and the merchant offering, and the unique identification of the consumer;
(ii) verifying that the unique identification of the consumer is valid and that the consumer is eligible to participate in the merchant offering, and transmitting an authentication and validation message to the merchant over the communications network; and
(iii) receiving settlement information over the communications network from the merchant confirming that the merchant offering was applied to the transaction with the consumer, and storing the settlement information in a database.
1 Assignment
0 Petitions
Accused Products
Abstract
A computer-implemented transaction processing method allows consumers to access offerings across a plurality of merchants using a single unique identification for each consumer. The method includes the steps of: (a) storing information on the consumers in a database including a unique identification associated with each of the consumers; (b) storing information on one or more merchant offerings from each of the plurality of merchants in a database; and (c) for each of the plurality of merchants: (i) receiving from a merchant over a communications network information on a proposed transaction with a consumer involving a merchant offering, the information including an identification of the merchant and the merchant offering, and the unique identification of the consumer; (ii) verifying that the unique identification of the consumer is valid and that the consumer is eligible to participate in the merchant offering, and transmitting an authentication and validation message to the merchant over the communications network; and (iii) receiving settlement information over the communications network from the merchant confirming that the merchant offering was applied to the transaction with the consumer, and storing the settlement information in a database.
-
Citations
23 Claims
-
1. A computer-implemented transaction processing method allowing consumers to access offerings across a plurality of merchants using a single unique identification for each consumer, the method comprising:
-
(a) storing information on the consumers in a database including a unique identification associated with each of the consumers; (b) storing information on one or more merchant offerings from each of the plurality of merchants in a database; and (c) for each of said plurality of merchants; (i) receiving from a merchant over a communications network information on a proposed transaction with a consumer involving a merchant offering, said information including an identification of the merchant and the merchant offering, and the unique identification of the consumer; (ii) verifying that the unique identification of the consumer is valid and that the consumer is eligible to participate in the merchant offering, and transmitting an authentication and validation message to the merchant over the communications network; and (iii) receiving settlement information over the communications network from the merchant confirming that the merchant offering was applied to the transaction with the consumer, and storing the settlement information in a database. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
-
-
11. A computer-implemented transaction processing system allowing consumers to access offerings across a plurality of merchants using a single unique identification for each consumer, the system comprising a computer server system in communication with client devices operated by the plurality of merchants over a communications network, said computer server system including a database for storing information on the consumers including a unique identification associated with each of the consumers, and a database for storing information on one or more merchant offerings from each of the plurality of merchants, said computer server system being configured to:
-
(a) receive from a merchant over the communications network information on a proposed transaction with a consumer involving a merchant offering, said information including an identification of the merchant and the merchant offering, and the unique identification of the consumer; (b) verify that the unique identification of the consumer is valid and that the consumer is eligible to participate in the merchant offering, and transmit an authentication and validation message to the merchant over the communications network; and (c) receive settlement information over the communications network from the merchant confirming that the merchant offering was applied to the transaction with the consumer, and store the settlement information in a database. - View Dependent Claims (12, 13, 14, 15, 16, 17, 18, 19, 20)
-
-
21. A computer-implemented transaction processing method allowing consumers to access healthcare services across a plurality of providers using a single unique identification, the method comprising:
-
(a) storing information on the consumers in a database including a unique identification associated with each of the consumers and an account loaded with health benefits and bank account or credit/debit card information; (b) storing information on one or more providers in a database; and (c) for each of said plurality of providers; (i) receiving from a provider over a communications network information on a proposed transaction with a consumer, said information including an identification of the provider and the unique identification of the consumer; (ii) verifying that the unique identification of the consumer is valid and charging said proposed transaction to the customer'"'"'s account; and (iii) transmitting information over the communications network to the provider confirming settlement of the transaction. - View Dependent Claims (22, 23)
-
Specification