System and method for determining appropriate redemption presentations for a virtual token associated with a stored value account

US9336519B2 · kind B2 · utility

Assignee

• QUALCOMM Incorporated · US

Inventors

• Frank T. Young · Atlanta, US
• Robert L. Dessert · San Diego, US
• Ben D. Ackerman · Atlanta, US
• Gwenael B. Delaine · Atlanta, US
• Lindsey K. Dorman · Atlanta, US
• Eric Kraar · Atlanta, US
• Aidoo Osei · Atlanta, US
• Kyle Leighton Cochran · Mableton, US
• Steven M. Smith · Atlanta, US

Key dates

• Filing date: Aug 6, 2010
• Grant date: May 10, 2016
• Expiry date: Aug 28, 2031

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q20/3265
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A method for determining an appropriate redemption presentation for a virtual token associated with a stored value account is disclosed. The method may include receiving a request for presenting a redemption presentation of a virtual token and obtaining a merchant identifier associated with the request. The method may further include determining if the request is for one of an on-line transaction and a transaction with a point-of-sale terminal, and if the request is for a transaction with a point-of-sale terminal, then searching a database using the merchant identifier to find one or more redemption presentations of virtual token preferred by a merchant. Subsequently, the one or more redemption presentations of the virtual token may be transmitted over a computer network to a client device.