METHOD AND SYSTEM FOR PROCESSING COUPONS IN A NEAR FIELD TRANSACTION

• US 20140081720A1
• Filed: 09/19/2012
• Published: 03/20/2014
• Est. Priority Date: 09/19/2012
• Status: Abandoned Application

• Current Assignee: Mastercard International Incorporated (MasterCard Incorporated)
• Original Assignee: Mastercard International Incorporated (MasterCard Incorporated)
• Inventors: WU, Wilianto
• Application Number:
  US13/622,640
• Publication Number:
  US 20140081720A1
• Time in Patent Office: Days
• US Class Current: 705/14.1
• CPC Class Codes: G06Q 20/20 Point-of-sale [POS] network systems
• CPC Class Codes: G06Q 20/3278 RFID or NFC payments by means of M-devices
• CPC Class Codes: G06Q 20/387 Payment using discounts or coupons relating to marketing G06Q30/02
• CPC Class Codes: G06Q 30/00 Commerce

Abstract

A method for processing a coupon in a near field transaction includes: receiving, by near field communication, payment details and a coupon record; identifying if the coupon record is valid by comparing the coupon record to a stored configuration profile; modifying the transaction amount for the transaction based on a modifier in the coupon record; and submitting an authorization request for the transaction with the modified transaction amount and the received payment details. A method for applying a coupon in a near field transaction includes: storing payment details in a contactless application; receiving coupon data and coupon details for the coupon; displaying the coupon details to a user; receiving an indication of selection of the coupon by the user; storing the coupon data in the contactless application; and transmitting, by near field communication, the payment details and coupon data in the contactless application for use in a financial transaction.

Claims

1. A method processing a coupon in a near field transaction, comprising:

storing, in a configuration database, a plurality of configuration profiles, wherein each configuration profile includes at least a product identifier 404 and a target identifier;

storing, in a transaction database, transaction details for a financial transaction to be processed, wherein the transaction details includes at least a transaction amount;

receiving, by near field communication (NFC), payment details and at least one coupon record, wherein the coupon record includes at least a product identification, a target identification, and a transaction modifier;

identifying, by a processing device, at least one valid coupon record, wherein each valid coupon record is a coupon record of the at least one coupon record where the respective product identification and target identification correspond to the product identifier and target identifier for a configuration profile of the plurality of configuration profiles;

modifying, by the processing device, the transaction details for the financial transaction to be processed by modifying the transaction amount based on the transaction modifier for each valid coupon record of the at least one valid coupon record; and

transmitting, by a transmitting device, an authorization request for the financial transaction, wherein the authorization request includes at least the received payment details and the modified transaction amount.

2. The method of claim 1, further comprising:

receiving, by a receiving device, an authorization response indicating approval of the financial transaction; and

providing a receipt for the financial transaction to a consumer, wherein the receipt indicates the transaction amount, the at least one valid coupon record, and the modified transaction amount.

3. The method of claim 2, further comprising:

transmitting, by the transmitting device, an indication of redemption of each valid coupon record of the at least one valid coupon record, wherein the indication of redemption includes at least the product identification of each valid coupon record.

4. The method of claim 1, wherein each configuration profile further includes at least one of:

a validity start date, a validity end date, a maximum dollar amount, and a maximum percentage.

5. The method of claim 1, wherein each coupon record includes at least one of:

a validity start date, a validity end date, a bank identification number (BIN) range, a title, a description, terms and conditions, a minimum purchase amount, and a category.

6. The method of claim 1, wherein the target identification may be a merchant identification associated with a merchant involved in the financial transaction or an issuer identification associated with an issuer of the respective coupon record.

7. The method of claim 1, wherein the payment details and at least one coupon record are encrypted, and wherein receiving the payment details and at least one coupon record through near field communication further includes decrypting the received payment details and at least one coupon record.

8. A method for applying a coupon in a near field transaction, comprising:

storing, in a contactless application, payment details for funding a financial transaction to be processed;

receiving, by a receiving device, coupon information for a coupon, wherein the coupon information includes at least coupon data and coupon details, the coupon data including at least a product identifier, a target identifier, and a transaction modifier;

storing, in a database, the received coupon information;

displaying, by a display device, at least the coupon details to a user;

receiving, by an input device, an indication of selection of the coupon to be applied to the financial transaction to be processed;

storing, in the contactless application, at least the coupon data upon receiving the indication of selection of the coupon; and

transmitting, by near field communication, at least the payment details and the coupon data stored in the contactless application for use in the financial transaction to be processed.

9. The method of claim 8, further comprising:

receiving, by the receiving device, a receipt indicating completion of the financial transaction; and

displaying, on the display device, the receipt to the user.

10. The method of claim 8, further comprising:

receiving, by near field communication, a notification of invalidity of the coupon;

displaying, on the display device, the notification of invalidity to the user;

receiving, by the input device, cancellation of the coupon; and

transmitting, by near field communication, the payment details in the contactless application for use in the financial transaction.

11. The method of claim 8, wherein the coupon data further includes at least one of:

a validity start date, a validity end date, a bank identification number (BIN) range, and a minimum purchase amount.

12. The method of claim 8, wherein the coupon details includes at least one of:

a validity start date, a validity end date, a title, a description, terms and conditions, a minimum purchase amount, a category, a merchant, an issuer, a transaction modifier, and an image.

13. The method of claim 8, wherein the contactless application resides on a non-secure element or a secure element (SE), wherein the secure element is in a form factor of one of:

a subscriber identity module (SIM) card, a Secure Digital (SD) card, and an embedded chip.

14. A system for processing a coupon in a near field transaction, comprising:

a configuration database configured to store a plurality of configuration profiles, wherein each configuration profile includes at least a product identifier and a target identifier;

a transaction database configured to store transaction details for a financial transaction to be processed, wherein the transaction details includes at least a transaction amount;

a receiving device configured to receive, by near field communication, payment details and at least one coupon record, wherein the coupon record includes at least a product identification, a target identification, and a transaction modifier;

a processing device configured to

identify at least one valid coupon record, wherein each valid coupon record is a coupon record of the at least one coupon record where the respective product identification and target identification correspond to the product identifier and target identifier for a configuration profile of the plurality of configuration profiles, and

modify the transaction details for the financial transaction to be processed by modifying the transaction amount based on the transaction modifier for each valid coupon record of the at least one valid coupon record; and

a transmitting device configured to transmit an authorization request for the financial transaction, wherein the authorization request includes at least the received payment details and the modified transaction amount.

15. The system of claim 14, wherein

the receiving device is further configured to receive an authorization respond indicating approval of the financial transaction, and

the transmitting device is configured to transmit, to a consumer, a receipt for the financial transaction, the receipt indicating the transaction amount, the at least one valid coupon record, and the modified transaction amount.

16. The system of claim 15, wherein the transmitting device is further configured to transmit an indication of redemption of each valid coupon record of the at least one valid coupon record, the indication of redemption including at least the product identification of each valid coupon record.

17. The system of claim 14, wherein each configuration profile further includes at least one of:

a validity start date, a validity end date, a maximum dollar amount, and a maximum percentage.

18. The system of claim 14, wherein each coupon record includes at least one of:

a validity start date, a validity end date, a bank identification number (BIN) range, a title, a description, terms and conditions, a minimum purchase amount, and a category.

19. The system of claim 14, wherein the target identification may be a merchant identification associated with a merchant involved in the financial transaction or an issuer identification associated with an issuer of the respective coupon record.

20. The system of claim 14, wherein the payment details and at least one coupon record are encrypted, and wherein receiving the payment details and at least one coupon record through near field communication further includes decrypting the received payment details and at least one coupon record.

21. A system for applying a coupon in a near field transaction, comprising:

a contactless application configured to store payment details for funding a financial transaction to be processed;

a receiving device configured to receive coupon information for a coupon, the coupon information including at least coupon data and coupon details, wherein the coupon data includes at least a product identifier, a target identifier, and a transaction amount;

a database configured to store the received coupon information;

a display device configured to display at least the coupon details to a user;

an input device configured to receive an indication of selection of a coupon to be applied to the financial transaction to be processed;

a processing device configured to store, in the contactless application, at least the coupon data upon receiving the indication of selection of the coupon; and

a transmitting device configured to transmit, by near field communication, at least the payment details and the coupon data stored in the contactless application for use in the financial transaction to be processed.

22. The system of claim 21, wherein

the receiving device is further configured to receive a receipt indicating completion of the financial transaction;

and

the display device is further configured to display the receipt to the user.

23. The system of claim 21, wherein

the receiving device is further configured to receive, by near field communication, a notification of invalidity of the coupon;

the display device is further configured to display the notification of invalidity to the user;

the input device is further configured to receive cancellation of the coupon; and

the transmitting device is further configured to transmit, by near field communication, the payment details in the contactless application for use in the financial transaction.

24. The system of claim 21, wherein the coupon data further includes at least one of:

a validity start date, a validity end date, a bank identification number (BIN) range, and a minimum purchase amount.

25. The system of claim 21, wherein the coupon details includes at least one of:

a validity start date, a validity end date, a title, a description, terms and conditions, a minimum purchase amount, a category, a merchant, an issuer, a transaction modifier, and an image.

26. The system of claim 21, wherein the contactless application resides on a non-secure element or a secure element (SE), wherein the secure element is in a form factor of one of:

a subscriber identity module (SIM) card, a Secure Digital (SD) card, and an embedded chip.