Controlled offer redemption system with dynamic cooperative and charitable offer management
US8090615B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | Jun 19, 2007 |
| Grant date | Jan 3, 2012 |
| Priority date | — |
| Expiry date | Nov 2, 2030 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0226
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A controlled offer redemption system used to create dynamic cooperative offers and charitable offers, and to validate, verify, and redeem manufacturers' offers, retailers' offers, cooperative offers, dynamic cooperative offers and charitable offers, to restrict the redemption of cooperative, dynamic cooperative and retailers' offers to particular retailers and to authenticate the offer redemption transactions. The system includes a master registry, an offer redemption terminal in communication with a retailer's point-of-sale (“POS”) system, a store portal and an offer clearinghouse. The offer system includes a means to generate an encrypted identifier (“token”) which is unique to each offer redemption transaction. The clearinghouse independently recreates the token based on the offer redemption record and the purchase event transaction log and authenticates the transaction as having originated under the controlled conditions imposed by the system.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.