Systems and methods for facilitating loyalty reward environments

US10628843B2 · kind B2 · utility

Assignee

• MASTERCARD INTERNATIONAL INCORPORATED · US

Inventors

• Adam Robert Bell · Babylon, US
• Benjamin M. Berger · Rye Brook, US
• Edward R. Tempesta · Great Neck, US
• Nikhil Malgatti · Stamford, US
• Pavel Umanski · Yorktown Heights, US
• Pranit Flora · White Plains, US

Key dates

• Filing date: Apr 27, 2017
• Grant date: Apr 21, 2020
• Expiry date: Aug 27, 2037

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q30/0267
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Systems and methods are provided for offering loyalty rewards for transactions. One exemplary method includes associating, by a computing device, a merchant with a group of reward offerors, and associating, by the computing device, a consumer payment account with a group of reward offerees. The method also includes receiving, by the computing device, and advertising to the reward offerees, a reward offer from the merchant; receiving a transaction associated with the merchant and with the consumer payment account, and identifying, in a data structure, the merchant as a member of the group of reward offerors and the consumer payment account as associated with the group of reward offerees. The method then further includes, based on the advertised reward offer and on the identified merchant, updating, by the computing device, a loyalty reward account associated with the consumer payment account.