Systems and methods for embedding digital modifiers in a digital wallet
US10796332B2 · kind B2 · utility
Assignee
Inventor
Key dates
| Filing date | Sep 5, 2018 |
| Grant date | Oct 6, 2020 |
| Priority date | — |
| Expiry date | Apr 6, 2039 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0279
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A digital modifier processing system includes a memory and a processor that receives a transaction message for a pending digital wallet payment transaction that includes a digital wallet identifier and a merchant identifier, identifies the digital wallet of the consumer based on the digital wallet identifier, determines, based on the merchant identifier, that the digital wallet of the consumer contains a digital modifier associated with the merchant that was donated by the merchant to a fundraiser as part of a fundraising campaign, the digital modifier identifies (a) one or more of a product and a service and (b) a discount amount for the one or more of the product and the service, verifies one or more of the authenticity and validity of the digital modifier, calculates a modified transaction price based on the discount amount, and transmits the modified transaction price for use in completing the pending payment transaction.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.