Rebate automation

• US 9,031,859 B2
• Filed: 05/20/2010
• Issued: 05/12/2015
• Est. Priority Date: 05/21/2009
• Status: Active Grant

• Current Assignee: Visa USA, Inc. (Visa, Inc.)
• Original Assignee: Visa USA, Inc. (Visa, Inc.)
• Inventors: Salmon, Diane C., VonDerheide, James Alan, Fordyce, Edward W. III, Shepard, David Chauncey, Adams, Gregory Michael, DiGioacchino, Laura
• Primary Examiner(s): Lastra, Daniel
• Application Number:
  US12/784,324
• Publication Number:
  US 20110066483A1
• Time in Patent Office: 1,818 Days
• Field of Search: 705/14.1
• US Class Current: 705/14.1
• CPC Class Codes: G06Q 20/04 Payment circuits
• CPC Class Codes: G06Q 20/20 Point-of-sale [POS] network systems
• CPC Class Codes: G06Q 20/387 Payment using discounts or coupons relating to marketing G06Q30/02
• CPC Class Codes: G06Q 20/40 Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 30/0215 Including financial accounts
• CPC Class Codes: G06Q 30/0222 During e-commerce, i.e. online transactions
• CPC Class Codes: G06Q 30/0225 Avoiding frauds
• CPC Class Codes: G06Q 30/0234 Rebates after completed purchase
• CPC Class Codes: G06Q 30/0238 at point-of-sale [POS]

Abstract

A computer receives information that a request is made to authorize a transaction for a sale of a product by a merchant to an account holder in a transaction conducted on a consumer account issued to the account holder. When the computer confirms that the transaction is authorized and that the transaction occurs within a predetermined time period for which there is a rebate associated with the product and a corresponding sponsor financially responsible for the rebate, the computer communicates that the rebate is to be debited to an account of the sponsor and either: (i) given as a discount by the merchant at the point of sale to the account holder; or (ii) credited to an account issued to the account holder by the issuer.

Claims

1. A method comprising:

receiving, via a computing device, information relating to a transaction comprising a sale of a product by a merchant to an account holder conducted on a consumer account issued to the account holder by an issuer, wherein the product is a predetermined combination of a plurality of different items;

requesting, via the computing device, from the issuer, payment for the transaction to the merchant;

confirming, via the computing device, that the transaction occurs within a predetermined time period and that there is a rebate associated with the product and a corresponding sponsor financially responsible for the rebate, wherein the sponsor comprises a plurality of entities each having a corresponding account number, wherein each of the plurality of entities is associated with a respective one of the plurality of different items; and

transmitting, via the computing device, to a transaction handler, instructions to debit the rebate from a sponsor account of the sponsor, wherein the debiting of the rebate to the account of the sponsor comprises debiting a predetermined portion of the rebate respectively to each of the account numbers of the plurality of entities.

2. The method of claim 1, wherein the method further comprises informing the merchant to discount the sale of the product to the account holder by the amount of the rebate.

3. The method of claim 2, wherein the method further comprises calculating the amount to be debited to the account of the account holder for the sale of the product in the transaction, wherein the amount reflects the application of the rebate to the purchase price of the product.

4. The method of claim 1, wherein the method further comprises instructing the issuer to credit the rebate to the consumer account.

5. The method of claim 1, wherein the method further comprises calculating the amount to be debited to the account of the sponsor.

6. The method of claim 1, wherein the account is any of a plurality of account numbers each of which have been issued by the issuer to the account holder.

7. The method of claim 1 wherein the product comprises the predetermined combination of the plurality of different items and a predetermined quantity of each item of the plurality of different items.

8. The method of claim 1 wherein the product comprises the predetermined combination of the plurality of different items, such that at least some of the plurality of different items were sold to the account holder in a plurality of prior transactions conducted on the account with a plurality of different merchants.

9. The method of claim 1 additionally comprising:

transmitting, via the computing device, a notification to the account holder that the account holder has won the rebate.

10. A non-transitory computer readable storage medium comprising instructions which, when executed by a computer processor, performs a method comprising:

receiving, via a computing device, information relating to a transaction comprising a sale of a product by a merchant to an account holder conducted on a consumer account issued to the account holder by an issuer, wherein the product is a predetermined combination of a plurality of different items;

requesting, via the computing device, from the issuer, payment for the transaction to the merchant;

confirming, via the computing device, that the transaction occurs within a predetermined time period and that there is a rebate associated with the product and a corresponding sponsor financially responsible for the rebate, wherein the sponsor comprises a plurality of entities each having a corresponding account number, wherein each of the plurality of entities is associated with a respective one of the plurality of different items; and

transmitting, via the computing processor, to a transaction handler, instructions to debit the rebate from a sponsor account of the sponsor, wherein the debiting of the rebate to the account of the sponsor comprises debiting a predetermined portion of the rebate respectively to each of the account numbers of the plurality of entities.

11. A method comprising:

transmitting, via a computing device, a request, for delivery to an acquirer, for authorization of a transaction on an account issued to an account holder by an issuer for the purchase of a product from a merchant, wherein the product is a predetermined combination of a plurality of different items;

receiving, via the computing device, information sent from the acquirer, wherein the information includes an answer to the request for authorization as to whether;

the account issued to the account holder is registered to receive a rebate;

the product is eligible for the rebate;

the transaction occurs within a predetermined time period;

a sponsor is financially responsible for the rebate, wherein the sponsor comprises a plurality of entities each having a corresponding account number, wherein each of the plurality of entities is associated with a respective one of the plurality of different items

transmitting, via the computing device, information, for delivery to the acquirer, as to an amount substantially to be;

debited to the account of the account holder for the transaction;

debited to a sponsor account of the sponsor for the rebate, wherein the debit of the rebate to the account of the sponsor comprises debiting a predetermined portion of the rebate respectively to each of the account numbers of the plurality of entities; and

credited to an account issued by the acquirer, wherein when the account is registered to receive the rebate and the product is eligible for the rebate; and

receiving, via the computing device, notice as to the crediting of an amount substantially equal to the rebate to the account issued by the acquirer.

12. The method of claim 11, further comprising calculating the amount to be debited to the account of the account holder for the sale of the product in the transaction, wherein the amount reflects the application of the rebate to the purchase price of the product.

13. The method of claim 11, wherein the request is received from the account holder at a Point of Service terminal (POS).

14. The method of claim 11, wherein the request is received from the account holder via an online e-commerce web service.

15. The method of claim 11 wherein the product comprises the predetermined combination of the plurality of different items and a predetermined quantity of each item of the plurality of different items.

16. The method of claim 11 wherein the product comprises the predetermined combination of the plurality of different items, such that at least some of the plurality of different items were sold to the account holder in a plurality of prior transactions conducted on the account with a plurality of different merchants.

17. A non-transitory computer readable storage medium comprising instructions which, when executed by a computer processor, performs a method comprising:

transmitting a request, for delivery to an acquirer, for authorization of a transaction on an account issued to an account holder by an issuer for the purchase of a product from a merchant wherein the product is a predetermined combination of a plurality of different items;

receiving, via the computing device, information sent from the acquirer, wherein the information includes an answer to the request for authorization as to whether;

the account issued to the account holder is registered to receive a rebate;

the product is eligible for the rebate;

the transaction occurs within a predetermined time period;

a sponsor is financially responsible for the rebate, wherein the sponsor comprises a plurality of entities each having a corresponding account number, wherein each of the plurality of entities is associated with a respective one of the plurality of different items

transmitting, via the computing device, information, for delivery to the acquirer, as to an amount substantially to be;

debited to the account of the account holder for the transaction;

debited to a sponsor account of the sponsor for the rebate, wherein the debit of the rebate to the account of the sponsor comprises debiting a predetermined portion of the rebate respectively to each of the account numbers of the plurality of entities; and

credited to an account issued by the acquirer, wherein when the account is registered to receive the rebate and the product is eligible for the rebate; and

receiving, via the computing device, notice as to the crediting of an amount substantially equal to the rebate to the account issued by the acquirer.

18. A method comprising:

receiving, via a computing device, information requesting authorization of a transaction for a sale of a product by a merchant to an account holder conducted on a consumer account issued to the account holder by an issuer, wherein the product is a predetermined combination of a plurality of different items; and

when the requested authorization is authorized and the transaction occurs within a predetermined time period for which there is a rebate associated with the product and a corresponding sponsor financially responsible for the rebate;

debiting, via the computing device, the rebate to a sponsor account of the sponsor, wherein the sponsor comprises a plurality of entities each having a corresponding account number, with each of the plurality of entities associated with a respective one of the plurality of different items, wherein the debit of the rebate to the account of the sponsor further comprises debiting a predetermined portion of the rebate respectively to each of the account numbers of the plurality of entities;

crediting, via the computing device, the rebate to a merchant account issued to the merchant; and

when information is received that the product was returned by the account holder;

crediting, via the computing device, the rebate to the sponsor account of the sponsor; and

debiting, via the computing device, the rebate to the merchant account issued to the merchant.

19. The method of claim 18, wherein the method further comprises calculating the amount to be debited to the sponsor account of the sponsor.

20. The method of claim 18, wherein the consumer account is any of a plurality of account numbers each of which have been issued by the issuer to the account holder.

21. The method of claim 18, wherein:

the sponsor comprises a plurality entities each having a corresponding account number, wherein each of the plurality of entities is associated with a respective one of the plurality of different items; and

the debiting of the rebate to the sponsor account of the sponsor comprises debiting a predetermined portion of the rebate respectively to each of the account numbers of the plurality entities.

22. The method of claim 18, wherein the method further comprises:

forming a communication to send a request to confirm that there is a rebate associated with the product and a corresponding sponsor financially responsible for the rebate; and

receiving a communication containing the requested confirmation.

23. The method of claim 18 wherein the product comprises the predetermined combination of the plurality of different items and a predetermined quantity of each item of the plurality of different items.

24. The method of claim 18 wherein the product comprises the predetermined combination of the plurality of different items, such that at least some of the plurality of different items were sold to the account holder in a plurality of prior transactions conducted on the account with a plurality of different merchants.

25. A non-transitory computer readable storage medium comprising instructions which, when executed by a computing apparatus, performs a method comprising:

receiving information requesting authorization of a transaction for a sale of a product by a merchant to an account holder in a transaction conducted on a consumer account issued to the account holder by an issuer, wherein the product is a predetermined combination of a plurality of different items; and

when the requested authorization is authorized and the transaction occurs within a predetermined time period for which there is a rebate associated with the product and a corresponding sponsor financially responsible for the rebate;

debiting the rebate to a sponsor account of the sponsor, wherein the sponsor comprises a plurality of entities each having a corresponding account number, with each of the plurality of entities associated with a respective one of the plurality of different items, wherein the debit of the rebate to the account of the sponsor further comprises debiting a predetermined portion of the rebate respectively to each of the account numbers of the plurality of entities;

crediting the rebate to a merchant account issued to the merchant; and

when information is received that the product was returned by the account holder;

crediting the rebate to the sponsor account of the sponsor; and

debiting the rebate to the merchant account issued to the merchant.