Controlled offer redemption system
First Claim
1. A controlled offer redemption system for the redemption of an offer, the offer having at least one redemption requirement, the system comprising:
- an offer registry;
a point of sale system, the point of sale system having at least one store portal and configured to generate a transaction log during a product purchase transaction;
an offer redemption terminal; and
an offer clearinghouse;
wherein the offer redemption terminal is configured to generate an initial token, the initial token based on and comprising data generated by the point of sale system during the purchase transaction, and wherein the offer clearinghouse is configured to create a regenerated token and to compare said regenerated token with said initial token to authenticate an offer redemption transaction, and wherein the at least one store portal is configured to compare the offer against the offer registry to validate the offer, to compare the at least one redemption requirement to the transaction log to verify that the at least one redemption requirement has been satisfied, and to verify that said offer is being redeemed through a retailer properly authorized to redeem said offer.
2 Assignments
0 Petitions
Accused Products
Abstract
A controlled offer redemption system used to validate, verify, and redeem manufacturers'"'"' offers, retailers'"'"' offers, and cooperative offers, to restrict the redemption of retailers'"'"' offers and cooperative offers to particular retailers, and to authenticate the offer redemption transactions. The system is a closed system in a controlled environment. The system includes a master registry where offers are registered, an offer redemption terminal in communication with a retailer'"'"'s point-of-sale (“POS”) system, a store portal and an offer clearinghouse. The store portal communicates with the registry to maintain an updated database of valid offers. The POS system communicates with the offer redemption terminal to validate and verify offers presented for redemption. The offer redemption terminal includes a means to generate an encrypted identifier (“token”) which is unique to each offer redemption transaction. The encrypted token is attached to the purchase event transaction, and the purchase event transaction (including the token) is transmitted to the offer clearinghouse. The clearinghouse independently recreates the token based on the offer redemption record and the purchase event transaction log and authenticates the transaction as having originated under the controlled conditions imposed by the system, which includes destruction of the redeemed offer and limited redemption of retailers'"'"' and cooperative offers to the authorized retailer(s).
48 Citations
29 Claims
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1. A controlled offer redemption system for the redemption of an offer, the offer having at least one redemption requirement, the system comprising:
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an offer registry; a point of sale system, the point of sale system having at least one store portal and configured to generate a transaction log during a product purchase transaction; an offer redemption terminal; and an offer clearinghouse; wherein the offer redemption terminal is configured to generate an initial token, the initial token based on and comprising data generated by the point of sale system during the purchase transaction, and wherein the offer clearinghouse is configured to create a regenerated token and to compare said regenerated token with said initial token to authenticate an offer redemption transaction, and wherein the at least one store portal is configured to compare the offer against the offer registry to validate the offer, to compare the at least one redemption requirement to the transaction log to verify that the at least one redemption requirement has been satisfied, and to verify that said offer is being redeemed through a retailer properly authorized to redeem said offer. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27)
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28. A method for verifying, validating, and authenticating manufacturers, retailers'"'"', and cooperative offer redemption transactions comprising the steps of:
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providing an offer registry stored as a database on a computer, the offer registry having at least one offer, the offer having at least one redemption requirement; validating an offer presented to a redeeming retailer by comparing said presented offer to said offer registry; verifying said presented offer by comparing said at least one redemption requirement of said offer against a transaction log generated from a product purchase transaction and by comparing said redeeming retailer of said presented offer to a database of authorized retailers; offer redemption terminal permanently destroying said presented offer after said presented offer is validated and verified, the offer redemption terminal configured to permanently destroy said presented offer so that said presented offer cannot be reused; the offer redemption terminal generating an initial token after said presented offer is permanently destroyed, the initial token based upon and comprising data generated by the point of sale system during the purchase transaction; offer clearinghouse creating a regenerated token; and
authenticating said offer redemption transaction by comparing said initial token and said regenerated token. - View Dependent Claims (29)
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Specification