System and method for point of use reward determination
US8498898B1 · kind B1 · utility
18Cited by
16References
6Claims
0Family size
Assignee
Inventors
Key dates
| Filing date | Mar 16, 2000 |
| Grant date | Jul 30, 2013 |
| Priority date | — |
| Expiry date | Mar 16, 2020 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/02
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A system and method that allows a group of organizations, e.g. a group of transit agencies, to provide their users with a stored value smart card payment method that rewards them for actual use. The system and method include a card interface device and a smart card for storing respective reward applications, wherein the card interface device reward application retrieves transaction and reward data from the smart card and processes the data within the card interface device in order to determine a transaction reward.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.