METHOD AND SYSTEM FOR APPLYING COUPON RULES TO A FINANCIAL TRANSACTION
First Claim
1. A method for applying coupon rules to a financial transaction, comprising:
- storing, in a database, a plurality of coupon rules, wherein each coupon rule of the plurality of coupon rules is associated with a consumer and a merchant and includes at least an amount modifier and a funding account number;
receiving, by a receiving device, an authorization request for a financial transaction, wherein the authorization request includes at least a consumer identifier, a merchant identifier, and a transaction amount;
identifying, in the database, at least one coupon rule of the plurality of coupon rules where the associated consumer corresponds to the consumer identifier and the associated merchant corresponds to the merchant identifier;
modifying the financial transaction based on the at least one coupon rule wherein modifying the financial transaction includes at least modifying the transaction amount based on the amount modifier; and
transmitting, by a transmitting device, a reply to the authorization request, the reply to the authorization request including at least the modified transaction amount.
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Accused Products
Abstract
A method for applying coupon rules to a financial transaction includes storing a plurality of coupon rules, each coupon rule associated with a consumer and a merchant and including an amount modifier and funding account number; receiving an authorization request for a financial transaction, the authorization request including a consumer identifier, a merchant identifier, and a transaction amount; identifying, at least one coupon rule of the plurality of coupon rules where the associated consumer corresponds to the consumer identifier and the associated merchant corresponds to the merchant identifier; modifying the financial transaction based on the at least one coupon rule by modifying the transaction amount based on the amount modifier; and transmitting a reply to the authorization request, the reply to the authorization request including at least the modified transaction amount.
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Citations
18 Claims
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1. A method for applying coupon rules to a financial transaction, comprising:
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storing, in a database, a plurality of coupon rules, wherein each coupon rule of the plurality of coupon rules is associated with a consumer and a merchant and includes at least an amount modifier and a funding account number; receiving, by a receiving device, an authorization request for a financial transaction, wherein the authorization request includes at least a consumer identifier, a merchant identifier, and a transaction amount; identifying, in the database, at least one coupon rule of the plurality of coupon rules where the associated consumer corresponds to the consumer identifier and the associated merchant corresponds to the merchant identifier; modifying the financial transaction based on the at least one coupon rule wherein modifying the financial transaction includes at least modifying the transaction amount based on the amount modifier; and transmitting, by a transmitting device, a reply to the authorization request, the reply to the authorization request including at least the modified transaction amount. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8)
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9. A method for applying coupon rules to a financial transaction, comprising:
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storing, in a database, a plurality of coupon rules, wherein each coupon rule of the plurality of coupon rules is associated with a consumer and a merchant and includes at least an amount modifier and a funding account number; receiving, by a receiving device, an authorization request for a financial transaction, wherein the authorization request includes at least a consumer identifier, a merchant identifier, and a transaction amount; identifying, in the database, at least one coupon rule of the plurality of coupon rules where the associated consumer corresponds to the consumer identifier and the associated merchant corresponds to the merchant identifier; transmitting, by a transmitting device, a reply to the authorization request, the reply to the authorization request including at least the modified transaction amount; and issuing a credit to an account associated with the associated consumer based on the at least one coupon rule wherein the credit is for a credit amount based at least on the amount modifier.
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10. A system for applying coupon rules to a financial transaction, comprising:
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a database configured to store a plurality coupon rules, wherein each coupon rule of the plurality of coupon rules is associated with a consumer and a merchant and includes at least an amount modifier and a funding account number; a receiving device configured to receive an authorization request for a financial transaction, wherein the authorization request includes at least a consumer identifier, a merchant identifier, and a transaction amount; a processing device configured to identify, in the database, at least one coupon rule of the plurality of coupon rules where the associated consumer corresponds to the consumer identifier and the associated merchant corresponds to the merchant identifier, and modify the financial transaction based on the at least one coupon rule wherein modifying the financial transaction includes at least modifying the transaction amount based on the amount modifier; and a transmitting device configured to transmit a reply to the authorization request, the reply to the authorization request including at least the modified transaction amount. - View Dependent Claims (11, 12, 13, 14, 15, 16, 17)
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18. A system for applying coupon rules to a financial transaction, comprising:
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a database configured to store a plurality coupon rules, wherein each coupon rule of the plurality of coupon rules is associated with a consumer and a merchant and includes at least an amount modifier and a funding account number; a receiving device configured to receive an authorization request for a financial transaction, wherein the authorization request includes at least a consumer identifier, a merchant identifier, and a transaction amount; a processing device configured to identify, in the database, at least one coupon rule of the plurality of coupon rules where the associated consumer corresponds to the consumer identifier and the associated merchant corresponds to the merchant identifier, and issue a credit to an account associated with the associated consumer based on the at least one coupon rule wherein the credit is for a credit amount based on at least the amount modifier; and a transmitting device configured to transmit a reply to the authorization request, the reply to the authorization request including at least the modified transaction amount.
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Specification