METHODS AND SYSTEMS FOR DYNAMICALLY GENERATING COUPONS ASSOCIATED WITH PRESENTATION INSTRUMENTS
First Claim
1. A computer implemented method of dynamic coupon generation, the method comprising:
- associating a coupon value with a manufacturer'"'"'s offer onto a presentation instrument, wherein the presentation instrument includes a barcode to store terms of the manufacturer'"'"'s offer and a storage device to store coupon value information;
distributing the presentation instrument to a customer;
scanning the barcode to verify the terms of the offer have been fulfilled;
presenting the presentation instrument to a merchant to access the coupon value information stored on the storage device;
receiving funds in the amount of the coupon value from the manufacturer; and
transferring the received funds to the merchant.
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Accused Products
Abstract
This disclosure describes, generally, methods and systems for dynamically generating coupons. The method may include associating a coupon value with a manufacturer'"'"'s offer onto a presentation instrument. The presentation instrument may include a barcode to store terms of the manufacturer'"'"'s offer and a storage device to store coupon value information. The method may further include distributing the presentation instrument to a customer, scanning the barcode to verify the terms of the offer have been fulfilled, and presenting the presentation instrument to a merchant to access the coupon value information stored on the storage device. Furthermore, the method includes receiving funds in the amount of the coupon value from the manufacturer, and transferring the received funds to the merchant.
136 Citations
20 Claims
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1. A computer implemented method of dynamic coupon generation, the method comprising:
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associating a coupon value with a manufacturer'"'"'s offer onto a presentation instrument, wherein the presentation instrument includes a barcode to store terms of the manufacturer'"'"'s offer and a storage device to store coupon value information; distributing the presentation instrument to a customer; scanning the barcode to verify the terms of the offer have been fulfilled; presenting the presentation instrument to a merchant to access the coupon value information stored on the storage device; receiving funds in the amount of the coupon value from the manufacturer; and transferring the received funds to the merchant. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14)
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15. A system for dynamic coupon generation, the system comprising:
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a stored value host configured to associate a coupon value with a manufacturer'"'"'s offer onto a presentation instrument, wherein the presentation instrument includes a barcode to store terms of the manufacturer'"'"'s offer and a storage device to store the coupon value information; a coupon processing host coupled with the stored value host configured to distribute the presentation instrument; a barcode scanning device coupled with the coupon processing host configured to scan the barcode to verify the terms of the offer have been fulfilled; a point of sale device, at a merchant location, coupled with the stored value host configured to receive a swipe of the presentation instrument to access the coupon value information stored on the presentation instrument'"'"'s storage device, and transmit the information to the stored value host; and wherein the stored value host is further configured to receive funds in the amount of the coupon value from the manufacturer, and to transfer the received funds to the merchant. - View Dependent Claims (16, 17, 18)
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19. A machine-readable medium for dynamic coupon generation, having sets of instructions stored thereon which, when executed by a machine, cause the machine to:
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associate a coupon value with a manufacturer'"'"'s offer onto a presentation instrument, wherein the presentation instrument includes a barcode to store terms of the manufacturer'"'"'s offer and a storage device to store the coupon value information; distribute the presentation instrument to a customer; scan the barcode to verify the terms of the offer have been fulfilled; present the presentation instrument to a merchant to access the coupon value information stored on the storage device; receive funds in the amount of the coupon value from the manufacturer; and transfer the received funds to the merchant. - View Dependent Claims (20)
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Specification