METHODS, SYSTEMS AND COMPUTER READABLE MEDIA FOR ISSUING AND REDEEMING CO-BRANDED ELECTRONIC CERTIFICATES

• US 20120084132A1
• Filed: 09/30/2011
• Published: 04/05/2012
• Est. Priority Date: 09/30/2010
• Status: Active Grant

• Current Assignee: Mastercard International Incorporated (MasterCard Incorporated)
• Original Assignee: Mastercard International Incorporated (MasterCard Incorporated)
• Inventors: Khan, Mohammad
• Granted Patent: US 11,055,693 B2
• Time in Patent Office: Days
• US Class Current: 705/14.26
• CPC Class Codes: G06Q 20/308 using the Internet of Things
• CPC Class Codes: G06Q 20/3278 RFID or NFC payments by means of M-devices
• CPC Class Codes: G06Q 30/0225 Avoiding frauds

Abstract

The subject matter described herein includes methods, systems, and computer readable media for issuing and redeeming co-branded electronic certificates. In one example, a method includes receiving, via near field communication (NFC), a co-branded electronic certificate and an electronic payment card to conduct a wireless purchase transaction for at least one good or service. The method further includes determining whether qualification information contained in the co-branded electronic certificate matches at least a portion of the account number associated with the electronic payment card used to conduct the wireless purchase transaction. The method also includes applying the co-branded electronic certificate to conduct the purchase transaction if the qualification information matches the at least a portion of the account number.

Claims

1. A method for redeeming a co-branded electronic certificate, the method comprising:

receiving, via near field communication (NFC), a co-branded electronic certificate and an electronic payment card to conduct a wireless purchase transaction for at least one good or service;

determining whether qualification information contained in the co-branded electronic certificate matches at least a portion of an account number associated with the electronic payment card used to conduct the wireless purchase transaction; and

applying the co-branded electronic certificate to the purchase transaction if the qualification information matches the at least a portion of the account number.

2. The method of claim 1 wherein the qualification information includes at least one of:

an issuer identification number (MN), a bank identification number (BIN), and an ISO/IEC 7812 account number.

3. The method of claim 1 wherein applying the co-branded electronic certificate includes applying a co-branded electronic coupon discount to the wireless purchase transaction.

4. The method of claim 1 wherein the mobile device is a near field communication (NFC) enabled mobile device.

5. The method of claim 1 wherein the co-branded electronic certificate includes at least one of:

a co-branded electronic coupon, a co-branded electronic reward, and a co-branded electronic offer.

6. The method of claim 1 wherein the co-branded electronic certificate is visually displayed on the screen of the mobile device with two or more brands.

7. The method of claim 6 wherein the two or more brands includes at least one of:

a product brand, a payment issuer brand, a merchant brand, and a services brand.

8. A system for redeeming a co-branded electronic certificate, the method comprising:

a mobile device configured to provide, via near field communication (NFC), a co-branded electronic certificate and an electronic payment card to conduct a wireless purchase transaction for at least one good or service; and

a wireless device reader configured to determine whether qualification information contained in the co-branded electronic certificate matches at least a portion of the account number associated with the electronic payment card used to conduct the wireless purchase transaction and to apply the co-branded electronic certificate to the wireless purchase transaction if the qualification information matches the at least a portion of the account number.

9. The system of claim 8 wherein the qualification information includes at least one of:

an issuer identification number (MN), a bank identification number (BIN), and an ISO/IEC 7812 account number.

10. The system of claim 8 wherein the co-branded electronic certificate includes a co-branded electronic coupon discount to be applied to the wireless purchase transaction.

11. The system of claim 8 wherein the mobile device is a near field communication (NFC) enabled mobile device.

12. The system of claim 8 wherein the co-branded electronic certificate includes at least one of:

a co-branded electronic coupon, a co-branded electronic reward, and a co-branded electronic offer.

13. The system of claim 8 wherein the co-branded electronic certificate is visually displayed on the screen of the mobile device with two or more brands.

14. The system of claim 13 wherein the two or more brands includes at least one of:

a product brand, a payment issuer brand, a merchant brand, and a services brand.

15. A non-transitory computer readable medium having stored thereon computer executable instructions that when executed by a processor of a computer performs steps comprising:

receiving, via near field communication (NEC), a co-branded electronic certificate and an electronic payment card to conduct a wireless purchase transaction for at least one good or service;

determining whether qualification information contained in the co-branded electronic certificate matches at least a portion of an account number associated with the electronic payment card used to conduct the wireless purchase transaction; and

applying the co-branded electronic certificate to the purchase transaction if the qualification information matches the at least a portion of the account number.