METHOD AND SYSTEM FOR PROCESSING VARIABLE REDEMPTION VALUE ELECTRONIC COUPONS
First Claim
1. A method for processing a financial transaction, comprising:
- receiving, by a receiving device, an authorization request for a financial transaction wherein the authorization request includes at least a transaction amount and a coupon identifier;
identifying, in a database, coupon information based on the coupon identifier, wherein the coupon information includes at least a discount amount;
modifying the transaction amount based on at least the discount amount;
processing, by a processing device, the authorization request for the financial transaction based on the modified transaction amount; and
transmitting, by a transmitting device, a response to the authorization request, wherein the response includes at least the modified transaction amount and discount amount.
1 Assignment
0 Petitions
Accused Products
Abstract
Methods and apparatuses for carrying out processing a financial transaction includes: receiving, by a receiving device, an authorization request for a financial transaction wherein the authorization request includes at least a transaction amount and a coupon identifier; identifying, in a database, coupon information based on the coupon identifier, wherein the coupon information includes at least a discount amount; modifying the transaction amount based on the discount amount; processing, by the processing device, the authorization request for the financial transaction based on the modified transaction amount; and transmitting, by a transmitting device, a response to the authorization request, wherein the response includes at least the modified transaction amount and discount amount. The coupons can be coupled to geographic location and or an immediate purchasing period.
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Citations
80 Claims
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1. A method for processing a financial transaction, comprising:
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receiving, by a receiving device, an authorization request for a financial transaction wherein the authorization request includes at least a transaction amount and a coupon identifier; identifying, in a database, coupon information based on the coupon identifier, wherein the coupon information includes at least a discount amount; modifying the transaction amount based on at least the discount amount; processing, by a processing device, the authorization request for the financial transaction based on the modified transaction amount; and transmitting, by a transmitting device, a response to the authorization request, wherein the response includes at least the modified transaction amount and discount amount. - View Dependent Claims (2, 3, 4, 5)
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6. A method for processing a financial transaction, comprising:
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reading, from a payer device, a machine-readable code, wherein the machine-readable code is encoded with at least a coupon identifier; transmitting, by a transmitting device, an authorization request for a financial transaction, wherein the authorization request includes at least a transaction amount and the coupon identifier; receiving, by a receiving device, a response to the authorization request, the response including at least a modified transaction amount and a discount amount; and processing the financial transaction based on at least the modified transaction amount. - View Dependent Claims (7, 8, 9, 10, 11, 12, 13, 14, 15)
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16. A method for distributing a value of an electronic coupon, comprising:
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storing, in a database, a plurality of coupon value rules wherein each coupon value rule in the plurality of coupon value rules is associated with at least a coupon identifier and a location identifier; receiving, by a receiving device, a request for a value of an electronic coupon wherein the request includes at least a coupon identification value and a location identification value identifying, in the database, at least one coupon value rule in the plurality of coupon value rules where the associated coupon identifier corresponds to the coupon identification value and the associated location identifier corresponds to the location identification value; determining, by a processing device, a discount amount based on the identified at least one coupon value rule; and transmitting, by a transmitting device, a response to the request for the value of the electronic coupon wherein the response includes at least the discount amount. - View Dependent Claims (17, 18, 19, 20)
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21. A method for obtaining a value of an electronic coupon, comprising:
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storing, in a database of a mobile communication device, a coupon identifier associated with an electronic coupon; identifying a geographic location of the mobile communication device; transmitting, by a transmitter of the mobile communication device, a request for a value of the electronic coupon wherein the request includes at least the stored coupon identifier and the identified geographic location; receiving, by a receiver of the mobile communication device, a response to the request for the value of the electronic coupon wherein the response includes at least the value of the electronic coupon; and displaying, by a display of the mobile communication device, the value of the electronic coupon. - View Dependent Claims (22, 23, 24, 25, 26, 27, 28, 29)
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30. A method for distributing a value of an electronic coupon, comprising:
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storing, in a database, a plurality of coupon value rules wherein each coupon value rule in the plurality of coupon value rules is associated with at least a coupon identifier; receiving, by a receiving device, a request for a value of an electronic coupon wherein the request includes at least a coupon identification value identifying, in the database, at least one coupon value rule in the plurality of coupon value rules where the associated coupon identifier corresponds to the coupon identification value; determining, by a processing device, a discount amount based on the identified at least one coupon value rule; and transmitting, by a transmitting device, a response to the request for the value of the electronic coupon, wherein the response includes at least the discount amount and an immediate purchasing period associated with the electronic coupon, and the electronic coupon must be redeemed within the immediate purchasing period. - View Dependent Claims (31, 32, 33, 34)
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35. A method for obtaining a value of an electronic coupon, comprising:
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storing, in a database of a mobile communication device, a coupon identifier associated with an electronic coupon; transmitting, by a transmitter of the mobile communication device, a request for a value of the electronic coupon wherein the request includes at least the stored coupon identifier; receiving, by a receiver of the mobile communication device, a response to the request for the value of the electronic coupon wherein the response includes at least the value of the electronic coupon and an immediate purchasing period associated with the electronic coupon; and displaying, by a display of the mobile communication device, the value of the electronic coupon, wherein the electronic coupon must be redeemed within the immediate purchasing period. - View Dependent Claims (36, 37, 38, 39, 40)
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41. A system for processing a financial transaction, comprising:
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a receiving device configured to receive an authorization request for a financial transaction wherein the authorization request includes at least a transaction amount and a coupon identifier; a database configured to store coupon information for a coupon associated with the coupon identifier, wherein the coupon information includes at least a discount amount; a processor configured to identify the coupon information for the coupon associated with the coupon identifier, modify the transaction amount based on the discount amount, and process the authorization request for the financial transaction based on the modified transaction amount; and a transmitting device configured to transmit a response to the authorization request, wherein the response includes at least the modified transaction amount and discount amount. - View Dependent Claims (42, 43, 44, 45)
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46. A system for processing a financial transaction, comprising:
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a reading device configured to read, from a payer device, a machine-readable code, wherein the machine-readable code is encoded with at least a coupon identifier; a transmitting device configured to transmit an authorization request for a financial transaction, wherein the authorization request includes at least a transaction amount and the coupon identifier; a receiving device configured to receive a response to the authorization request, the response including at least a modified transaction amount and a discount amount; and a processor configured to process the financial transaction based on the modified transaction amount. - View Dependent Claims (47, 48, 49, 50, 51, 52, 53, 54, 55)
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56. A system for distributing a value of an electronic coupon, comprising:
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a database configured to store a plurality of coupon value rules wherein each coupon value rule in the plurality of coupon value rules is associated with at least a coupon identifier and a location identifier; a receiving device configured to receive a request for a value of an electronic coupon wherein the request includes at least a coupon identification value and a location identification value; a processor configured to identify, in the database, at least one coupon value rule in the plurality of coupon value rules where the associated coupon identifier corresponds to the coupon identification value and the associated location identifier corresponds to the location identification value, and determine a discount amount based on the identified at least one coupon value rule; and a transmitting device configured to transmit a response to the request for the value of the electronic coupon wherein the response includes at least the determined discount amount. - View Dependent Claims (57, 58, 59, 60)
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61. A mobile communication device, comprising:
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a database configured to store a coupon identifier associated with an electronic coupon; a processor configured to identify a geographic location of the mobile communication device; a transmitter configured to transmit a request for a value of the electronic coupon wherein the request includes at least the stored coupon identifier and the identified geographic location; a receiver configured to receive a response to the request for the value of the electronic coupon wherein the response includes at least the value of the electronic coupon; and a display configured to display the value of the electronic coupon. - View Dependent Claims (62, 63, 64, 65, 66, 67, 68, 69)
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70. A system for distributing a value of an electronic coupon, comprising:
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a database configured to store a plurality of coupon value rules wherein each coupon value rule in the plurality of coupon value rules is associated with at least a coupon identifier; a receiving device configured to receive a request for a value of an electronic coupon wherein the request includes at least a coupon identification value; a processor configured to identify, in the database, at least one coupon value rule in the plurality of coupon value rules where the associated coupon identifier corresponds to the coupon identification value, and determine a discount amount based on the identified at least one coupon value rule; and a transmitting device configured to transmit a response to the request for the value of the electronic coupon, wherein the response includes at least the determined discount amount and an immediate purchasing period associated with the electronic coupon, and the electronic coupon must be redeemed within the immediate purchasing period. - View Dependent Claims (71, 72, 73, 74)
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75. A mobile communication device, comprising:
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a database configured to store a coupon identifier associated with an electronic coupon; a transmitter configured to transmit a request for a value of the electronic coupon wherein the request includes at least the stored coupon; a receiver configured to receive a response to the request for the value of the electronic coupon wherein the response includes at least the value of the electronic coupon and an immediate purchasing period associated with the electronic coupon; and a display configured to display the value of the electronic coupon, wherein the electronic coupon must be redeemed within the immediate purchasing period. - View Dependent Claims (76, 77, 78, 79, 80)
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Specification