Payment card referral program
First Claim
Patent Images
1. A method for enhancing value of a credit card, said method comprising:
- providing an authorized user of a credit card issued by a service provider;
receiving a set of applications from a set of referrals of the authorized user for credit card services;
processing the set of applications from the set of referrals;
issuing a credit card to each of the referrals that qualify for the credit card, the referrals issued credit cards being a set of customers;
in response to determining that a referral is issued a credit card, incrementing a number of customers in the set of customers; and
in response to the number of customers in the set of customers being incremented, issuing valuable consideration to the authorized user based on the number of customers in the set of customers.
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Abstract
A method for enhancing value of a credit card may include providing an authorized user of a credit card issued by a service provider. A set of applications may be received from a set of referrals of the authorized user for credit card services. The set of applications from the set of referrals may be processed. A credit card may be issued to each of the referrals that qualify for the credit card, where the referrals issued credit cards define a set of customers. Valuable consideration may be issued to the authorized user, where the valuable consideration may be based on the number of customers in the set of customers.
11 Citations
9 Claims
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1. A method for enhancing value of a credit card, said method comprising:
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providing an authorized user of a credit card issued by a service provider; receiving a set of applications from a set of referrals of the authorized user for credit card services; processing the set of applications from the set of referrals; issuing a credit card to each of the referrals that qualify for the credit card, the referrals issued credit cards being a set of customers; in response to determining that a referral is issued a credit card, incrementing a number of customers in the set of customers; and in response to the number of customers in the set of customers being incremented, issuing valuable consideration to the authorized user based on the number of customers in the set of customers. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
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Specification