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Integrated system and method for managing electronic coupons

  • US 9,934,495 B2
  • Filed: 12/29/2015
  • Issued: 04/03/2018
  • Est. Priority Date: 09/13/2006
  • Status: Active Grant
First Claim
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1. A system to create traceable unique electronic coupon identifications in electronic promotional transactions to prevent undesired or multiple uses of offers, comprising:

  • a storage device;

    a network device; and

    a processor communicatively coupled to the storage device and the network device, wherein the processor executes application code instructions that are stored in the storage device to cause the system to;

    receive a request from a consumer computing device associated with a consumer to associate an electronic coupon with an account of the consumer;

    identify a unique consumer identification associated with the consumer account;

    create a unique electronic coupon identification associated with the electronic coupon;

    at a time before an initiation of a financial transaction to be conducted by the consumer account at a point of sale computing device, associate the unique electronic coupon identification only with the unique consumer identification associated with the consumer account and store the unique electronic coupon identification in the consumer account, wherein the electronic coupon having the unique electronic coupon identification is only redeemable in connection with a transaction conducted via the consumer account associated with the unique consumer identification;

    decline the association of the electronic coupon with the unique consumer identification associated with the consumer account when a maximum financial exposure value has been reached by a promotion associated with the electronic coupon;

    receive, from a point of sale computing device associated with a retailer, a notification of an initiation of a transaction being conducted by the consumer account at the point of sale terminal, the notification comprising data to identify the unique consumer identification; and

    in response to receiving the notification of the initiation of the transaction;

    identify the unique consumer identification based on the notification;

    identify the unique electronic coupon identification based on the associated unique consumer identification; and

    communicate the electronic coupon having the unique electronic coupon identification to the point of sale computing device for redemption in connection with the transaction.

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