Patent · US Expired

System and method for utilizing redemption information

US7627498B1 · kind B1 · utility

70Cited by
55References
21Claims
0Family size

Inventors

Key dates

Filing dateJun 28, 2000
Grant dateDec 1, 2009
Priority date
Expiry dateMay 6, 2025

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q30/0601
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A system to determine offers and/or to determine the acceptability of offers based on received information relating to product redemption at a third party. According to one embodiment, the system includes arrangement for a customer to redeem a product from a third party, reception of information relating to a redemption of the product by the customer, reception of an offer to purchase a product for an offer price, determination to accept the offer based on the received information relating to the redemption, determination of an assigned third party at which the offer product may be redeemed based on the received information, and transmission of an acceptance of the offer and an indication of the assigned third party.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.