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Systems and methods wherein a buyer purchases a product at a first price and physically acquires the product at a location associated with a merchant that offers the product for sale at a second price

  • US 7,107,228 B1
  • Filed: 06/09/2000
  • Issued: 09/12/2006
  • Est. Priority Date: 07/08/1997
  • Status: Expired due to Fees
First Claim
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1. A method, comprising:

  • receiving transaction information, the transaction information being associated with (i) a buyer who arranges to purchase a product at a first price and (ii) a merchant that offers the product for sale at a second price different from the first price; and

    transmitting information that enables the buyer to physically acquire the product at a location associated with the merchant in exchange for providing payment of an amount based on the first price,wherein the buyer provides payment of an amount based on the first price to the merchant, and at least one of a central controller and a processing device operating on behalf of a third party causes payment of an amount based on the difference between the first price and the second price to be provided to the merchant.

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