Electronic vouchers

• US 9,202,329 B2
• Filed: 11/24/2006
• Issued: 12/01/2015
• Est. Priority Date: 11/25/2005
• Status: Active Grant

• Current Assignee: I-Movo Ltd.
• Original Assignee: I-Movo Ltd.
• Inventors: Tymm, David
• Primary Examiner(s): Gart, Matthew
• Assistant Examiner(s): PARIKH, HARSHAD R
• Application Number:
  US12/090,340
• Publication Number:
  US 20090132380A1
• Time in Patent Office: 3,294 Days
• Field of Search: 705/17, 705/44
• US Class Current: 1/1
• CPC Class Codes: G06Q 20/045 using payment protocols involving tickets
• CPC Class Codes: G06Q 20/06 Private payment circuits, e.g. involving electronic currency used among participants of a common payment scheme
• CPC Class Codes: G06Q 20/20 Point-of-sale [POS] network systems
• CPC Class Codes: G06Q 20/204 comprising interface for record bearing medium or carrier for electronic funds transfer or payment credit
• CPC Class Codes: G06Q 20/3255 using mobile network messaging services for payment, e.g. SMS
• CPC Class Codes: G06Q 20/342 Cards defining paid or billed services or quantities
• CPC Class Codes: G06Q 20/387 Payment using discounts or coupons relating to marketing G06Q30/02
• CPC Class Codes: G07F 7/025 by means, e.g. cards, providing billing information at the time of purchase, e.g. identification of seller or purchaser, quantity of goods delivered or to be delivered

Abstract

A method for distributing and reliably redeeming electronic cash value vouchers that uses existing POS terminals. The vouchers may be distributed via mobile telephones. The voucher comprises an alphanumeric code which is entered into the standards compliant POS terminal. The system checks that the voucher is valid and provides a redemption value to the POS which can be credited by the retailer. The transaction can then be completed by the retailer using known methods.

Claims

1. A method for authorizing the redemption of cash value vouchers using an ISO/IEC 7812-1:

2000 compliant POS terminal comprising the steps of;

providing a cash value voucher comprising a voucher number, the voucher number having a cash value that is not included in the voucher number;

entering said voucher number at an ISO/IEC 7812-1;

2000 compliant POS terminal, the POS terminal forming a concatenated string comprising said voucher number, a POS terminal identifier and an issuer identification number to thereby emulate a standard payment card authorization request; and

sending the concatenated string to an acquirer,

wherein the acquirer, after validating the string, sends the concatenated string to an issuer,

wherein the issuer then authenticates the voucher number and amends the concatenated string such that the amended concatenated string further includes the cash value of the cash value voucher, and

wherein the amended concatenated string enables the authorization of payment for the cash value of the cash value voucher and is transmitted via the acquirer to the POS terminal to authorize the redemption of the voucher for the cash value included in the amended concatenated string.

2. The method according to claim 1, wherein the cash value voucher is distributed to a customer via a portable electronic device.

3. The method according to claim 2, wherein the device is a mobile telephone.

4. The method according to claim 1, wherein a sixteen digit number is entered at the POS terminal, the first four digits of which comprise the issuer identification number.

5. The method according to claim 4, wherein in a subsequent step the voucher number is entered at the POS terminal.

6. The method according to claim 4, wherein the sixteen digit number further comprises the voucher number and a zero value is entered at the POS terminal in a subsequent step.

7. A method of redeeming an electronic voucher via an ISO/IEC 7812-1:

2000 compliant top up or EFTPOS terminal comprising the steps of;

providing a cash value voucher comprising a voucher number to a mobile phone, the voucher number having a cash value that is not included in the voucher number; and

entering the voucher number at the ISO/IEC 7812-1;

2000 compliant top up or EFTPOS terminal, wherein the voucher is authenticated by the following steps;

determining whether the voucher number is valid, and

determining whether the voucher number has been used before and whether it has any “

balances of uses”

left against it,

generating an N value when (i) the voucher number is not valid or (ii) the voucher number has been used before and does not have any “

balance of uses”

left against it, such that any N value generates an invalid redemption message depending on the parameters specified in the host system for that particular voucher or campaign under which the voucher was issued, and

generating a Y value and a valid redemption message when (i) the voucher number is valid and (ii) the voucher number has “

balance of uses”

left against it, wherein the redemption message comprises a concatenated string that further includes a cash value stored in the host system database.

8. The method according to claim 7, wherein the string is entered by swiping a card through the terminal or by a program installed on the redemption device simulating part of the string.

9. The method according to claim 7, comprising the further step of:

determining whether the voucher number is valid at a time of redemption, and

generating an N value and an invalid redemption message when the voucher number is not valid at the time of redemption, and

generating a Y value and a valid redemption message when the voucher number is valid at the time of redemption.

10. The method according to claim 9, comprising the further step of:

determining whether the voucher number is valid at the Device ID,

generating an N value and an invalid redemption message when the voucher number is not valid at the Device ID, and

generating a Y value and a valid redemption message when the voucher number is valid at the device ID.

11. The method according to claim 7, wherein the concatenated string comprises a further cash value voucher, which further cash value voucher is stored on the terminal and has a lower cash value than the first cash value.

12. The method according to claim 11, comprising the further step of returning the cash value voucher to the mobile phone.