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System for electronically recording and redeeming coupons

  • US 5,192,854 A
  • Filed: 02/05/1992
  • Issued: 03/09/1993
  • Est. Priority Date: 07/26/1990
  • Status: Expired due to Fees
First Claim
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1. A coupon redemption system for redeeming product coupons having a first set of data thereon, said first set of data being in a machine readable format and comprising coupon value, expiration date, and product identification, said system comprising:

  • personal coupon scanner means for use by a purchaser of products for scanning, decoding, and storing said first set of data, and also having a display means associated therewith for displaying scanned and stored information contained in said coupon scanner, said personal coupon scanner means being a self contained remote handheld device adapted to be carried by said purchaser of product and used to record coupon information obtained from advertising media at locations remote from a purchasing location;

    register means located at a product purchase location for scanning and tallying a second set of data, said second set of data comprising product identification data corresponding to product selected for purchase by said purchaser of product;

    recorder means for connecting to said coupon scanner and said register means for comparing said first set of data to said second set of data and accumulating a tallied value of correspondence between said sets of data for redemption of said tallied value against said product selected for purchase; and

    kiosk means providing a central in-store database for accumulating from all the recorder means connected in the system the tally of correspondence of said first and second sets of data.

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