System and method for granting promotional rewards to financial account holders
First Claim
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1. A method for offering rewards, comprising the steps of:
- electronically receiving, by at least one computer processor, a plurality of transaction occurrences from a plurality of merchants relating to at least one account wherein the plurality of transaction occurrences comprise purchases;
ordering, by the at least one computer processor, the plurality of transaction occurrences based on an ordering scheme;
selecting, by the at least one computer processor, a winning transaction, for a winning reward, from the plurality of transaction occurrences based on a selection scheme applied to the plurality of transaction occurrences; and
receiving, by the at least one computer processor, from a user associated with the winning transaction, a designation of a reward or transaction to realize the winning reward;
rewarding, by the at least one computer processor, the user with the winning reward as designated.
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Abstract
A system and method for offering rewards. The method comprising the steps of: receiving a plurality transaction occurrences from a plurality of merchants relating to at least one account; ordering the plurality of transaction occurrences based on an ordering scheme; selecting a winning transaction from the plurality of transaction occurrences based on a reward selection scheme; and rewarding at least one reward to a user associated with the winning transaction.
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Citations
15 Claims
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1. A method for offering rewards, comprising the steps of:
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electronically receiving, by at least one computer processor, a plurality of transaction occurrences from a plurality of merchants relating to at least one account wherein the plurality of transaction occurrences comprise purchases; ordering, by the at least one computer processor, the plurality of transaction occurrences based on an ordering scheme; selecting, by the at least one computer processor, a winning transaction, for a winning reward, from the plurality of transaction occurrences based on a selection scheme applied to the plurality of transaction occurrences; and receiving, by the at least one computer processor, from a user associated with the winning transaction, a designation of a reward or transaction to realize the winning reward; rewarding, by the at least one computer processor, the user with the winning reward as designated. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
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10. A system for identifying and offering rewards, comprising:
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a transaction reception processor for receiving a plurality of transaction occurrences, relating to at least one account, from a plurality of merchants wherein the plurality of transaction occurrences comprise purchases; an ordering processor for ordering the plurality of transaction occurrences based on an ordering scheme; and a rewards selection processor for rewarding at least one reward to a user associated with at least one of the plurality of transaction occurrences based on a selection scheme applied to the plurality of transaction occurrences and for receiving, from the user, a designation of a reward or transaction to realize the at least one reward. - View Dependent Claims (11, 12, 13, 14)
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15. A method for offering rewards, comprising the steps of:
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receiving, by at least one computer processor, a plurality of transaction occurrences from a plurality of merchants relating to a user or account wherein the plurality of transaction occurrences comprise purchases; selecting, by the at least one computer processor, a winning transaction from the plurality of received transaction occurrences based on a selection scheme applied to the plurality of received transaction occurrences; applying, by the at least one computer processor, at least one reward to the winning transaction; and receiving, by the at least one computer processor, from a user associated with the winning transaction, a designation of a reward or transaction to realize at least one reward.
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Specification