ELECTRONIC COUPON DISTRIBUTION AND REDEMPTION

• US 20140297392A1
• Filed: 03/25/2014
• Published: 10/02/2014
• Est. Priority Date: 03/26/2013
• Status: Abandoned Application

• Current Assignee: William B. Moffitt
• Original Assignee: William B. Moffitt
• Inventors: Moffitt, William B.
• Application Number:
  US14/224,614
• Publication Number:
  US 20140297392A1
• Time in Patent Office: Days
• US Class Current: 705/14.38
• CPC Class Codes: G06Q 30/0238 at point-of-sale [POS]
• CPC Class Codes: G06Q 30/04 Billing or invoicing

Abstract

A system includes a processor that generates a coupon savings account for a consumer. The coupon savings account includes coupon preference data received from a consumer device of the consumer The processor associates a consumer identifier with the coupon savings account. The processor receives digital coupon data from an issuer-device. The digital coupon data includes a discount for the product or service. The processor associates the digital coupon data with the coupon savings account based at least in part on the coupon preference data The processor receives purchase data from a retailer device. The purchase data includes the consumer identifier and an indication that the consumer is purchasing the product or service The processor causes the digital coupon data to be sent to the retailer device. The processor generates an invoice. The invoice indicates an amount of funds to be transferred from an issuer financial account.

Claims

1. A system comprising:

a memory; and

a processor coupled to the memory, wherein the processor is configured to;

generate a coupon savings account for a consumer, wherein the coupon savings account includes coupon preference data received from a consumer device of the consumer, and wherein the coupon preference data indicates a preference of the consumer for a particular type of product or service;

associate a consumer identifier with the coupon savings account;

receive digital coupon data from an issuer-device, wherein the digital coupon data comprises a discount for the product or service;

associate the digital coupon data with the coupon savings account based at least in part on the coupon preference data;

receive purchase data from a retailer device, wherein the purchase data includes the consumer identifier and an indication that the consumer is purchasing the product or service;

cause the digital coupon data to be sent to the retailer device;

receive purchase confirmation data from the retailer device, wherein the purchase confirmation data indicates that the discount for the product or service was applied;

generate an invoice, wherein the invoice indicates an amount of funds to be transferred from an issuer financial account, and wherein the amount of funds is based on the amount of the discount for the product or service; and

cause the invoice to be sent to the issuer device.

2. The system of claim 1, wherein the consumer identifier is a phone number of the consumer device.

3. The system of claim 1, wherein the processor is further configured to receive demographic data from the consumer device, wherein the demographic data comprises characteristics of the consumer.

4. The system of claim 3, wherein the digital coupon data is associated with the coupon savings account based at least in part on the demographic data.

5. The system of claim 3, wherein the processor is further configured to receive a query from the issuer-device, wherein the query comprises a request for the digital coupon data to be associated with the coupon savings account based on the demographic data.

6. The system of claim 1, wherein the processor is further configured to cause the invoice to be sent to a retailer server.

7. The system of claim 1, wherein the processor is further configured to:

initiate a first debit of funds from the issuer financial account for a first amount based on the discount for the product or service, wherein the first debit of funds is directed to be deposited in a server financial account; and

initiate a second debit of funds from the server financial account for a second amount based on the first debit of funds, wherein the second debit of funds is directed to be deposited in a retailer financial account.

8. A method comprising:

generating, by a processor of a computing device, a coupon savings account for a consumer, wherein the coupon savings account includes coupon preference data received from a consumer device of the consumer, and wherein the coupon preference data indicates a preference of the consumer for a particular type of product or service;

associating, by the processor of the computing device, a consumer identifier with the coupon savings account;

receiving, by the processor of the computing device, digital coupon data from an issuer-device, wherein the digital coupon data comprises a discount for the product or service;

associating, by the processor of the computing device, the digital coupon data with the coupon savings account based at least in part on the coupon preference data;

receiving, by the processor of the computing device, purchase data from a retailer device, wherein the purchase data includes the consumer identifier and an indication that the consumer is purchasing the product or service;

causing, by the processor of the computing device, the digital coupon data to be sent to the retailer device;

receiving, by the processor of the computing device, purchase confirmation data from the retailer device, wherein the purchase confirmation data indicates that the discount for the product or service was applied; and

generating, by the processor of the computing device, an invoice, wherein the invoice indicates an amount of funds to be transferred from an issuer financial account, and wherein the amount of funds is based on the amount of the discount for the product or service; and

causing, by the processor of the computing device, the invoice to be sent to the issuer device.

9. The method of claim 8, wherein the digital coupon data comprises at least two discounts for at least two products or services.

10. The method of claim 9, wherein the amount of funds is based on the amount of the at least two discounts for the at least two products or services.

11. The method of claim 8, further comprising storing, by the processor of the computing device, the purchase data and the purchase confirmation data as a purchase history.

12. The method of claim 11, further comprising associating, by the processor of the computing device, the purchase history with the coupon savings account.

13. The method of claim 12, further comprising receiving, by the processor of the computing device, a query from the issuer-device, wherein the query comprises a request for the digital coupon data to be associated with the coupon savings account based on the purchase history.

14. The method of claim 12, further comprising receiving, by the processor of the computing device, a query from the issuer-device, wherein the query comprises a request for the digital coupon data to be associated with the coupon savings account based on the absence of the purchase data or the purchase confirmation data in the purchase history.

15. A non-transitory computer readable medium having instructions stored thereon for execution by a processor, the instructions comprising:

instructions to generate, by the processor, a coupon savings account for a consumer, wherein the coupon savings account includes coupon preference data received from a consumer device of the consumer, and wherein the coupon preference data indicates a preference of the consumer for a particular type of product or service;

instructions to associate, by the processor, a consumer identifier with the coupon savings account;

instructions to receive, by the processor, a digital coupon data from an issuer-device, wherein the digital coupon data comprises a discount for the product or service;

instructions to associate, by the processor, the digital coupon data with the coupon savings account based at least in part on the coupon preference data;

instructions to receive, by the processor, purchase data from a retailer device, wherein the purchase data includes the consumer identifier and an indication that the consumer is purchasing the product or service;

instructions to cause, by the processor, the digital coupon data to be sent to the retailer device;

instructions to receive, by the processor, purchase confirmation data from the retailer device, wherein the purchase confirmation data indicates that the discount for the product or service was applied; and

instructions to generate, by the processor, an invoice, wherein the invoice indicates an amount of funds to be transferred from an issuer financial account, and wherein the amount of funds is based on the amount of the discount for the product or service; and

instructions to cause, by the processor, the invoice to be sent to the issuer device.

16. The non-transitory computer readable medium of claim 15, further comprising instructions to set, by the processor, a limit for a total number of times the processor may cause the digital coupon data to be sent to the retailer device.

17. The non-transitory computer readable medium of claim 16, further comprising instructions to track, by the processor, a to-date number of times the processor has sent the digital coupon data to the retailer device, such that if the limit for the total number of times is met, the processor will not cause the digital coupon data to be sent to the retailer device.

18. The non-transitory computer readable medium of claim 15, further comprising instructions to set, by the processor, a limit for a total number of times the processor may send the digital coupon data to the retailer device in connection with the coupon savings account.

19. The non-transitory computer readable medium of claim 18, further comprising instructions to track, by the processor, a to-date number of times the processor has sent the digital coupon data to the retailer device in connection with the coupon savings account, such that if the limit for the total number of times is met, the processor will not cause the digital coupon data to be sent to the retailer device.

20. The non-transitory computer readable medium of claim 15, further comprising instructions to receive, by the processor, the digital coupon data from the retailer device.