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Method and system for redeeming product marketing rebates

  • US 6,748,365 B1
  • Filed: 02/02/2000
  • Issued: 06/08/2004
  • Est. Priority Date: 09/15/1999
  • Status: Expired due to Term
First Claim
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1. A method for processing a plurality of rebate claims submitted by a consumer is satisfaction of rebate offers each having a monetary value, the consumer having made, in each of plural transactions recorded by a data processing system, a designated purchase having a rebate offer associated therewith, and each transaction having a transaction code assigned thereto identifying the specific qualified transaction but not identifying a particular designated purchase, the method comprising the steps of:

  • (a) receiving a plurality of rebate claims from the consumer, each rebate claim comprising (i) customer identifying information, and (ii) a transaction code which does not include information which identifies a designated purchase in the transaction identified by the transaction code;

    (b) matching the transaction code identified in the rebate claims with a transaction code in a data record containing information from the data processing system which contains for each transaction code the identification of each designated purchase associated with the transaction identified by such transaction code;

    (c) processing the plurality of rebate claims and data records to create a plurality of validated rebate claims by matching the identification of each designated purchase in the corresponding data record to a corresponding identification in a database of rebate offers to determine the value of each rebate offer;

    (d) aggregating the monetary value of the plurality of validated rebate claims; and

    (e) transferring the aggregated monetary value to the customer.

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