Method and system for processing a rebate
US7006983B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | Feb 16, 2000 |
| Grant date | Feb 28, 2006 |
| Priority date | — |
| Expiry date | Feb 16, 2020 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0238
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A point of sale (POS) rebate method and system allows a consumer purchasing a product having an associated manufacturer's mail-in rebate to redeem the rebate at the POS. Products that have associated manufacturer rebates are recognized when the products are purchased, e.g., based on information stored in a rebate database. When such products are identified, terms and conditions of a POS rebate are determined. The value of the POS rebate may be determined based on the value of the mail-in rebate offered by the manufacturer. The value of the POS rebate may be determined by querying a server containing rebate information, such as a server operated by or on behalf of the manufacturer or retailer. The consumer is then prompted to choose whether to keep the original manufacturer's mail-in rebate, or to accept the POS rebate, along with any terms and conditions associated with the POS rebate.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.