System and method for prepaid rewards
US9412102B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Aug 23, 2012 |
| Grant date | Aug 9, 2016 |
| Priority date | — |
| Expiry date | Aug 23, 2032 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0234
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A system and method provide rewards or loyalty incentives to card member customers. The system includes an enrolled card member customer database, an enrolled merchant database, a participating merchant offer database and a registered card processor. The enrolled card member customer database includes transaction accounts of card member customers enrolled in a loyalty incentive program. If the purchase qualifies for a rebate credit, the registered card processor provides the rebate credit to an account of the enrolled card member customer. The registered card processor also provides for electronic notification of rewards offers or credit to prepaid cards, in response to purchases conforming to a specific set of merchant criteria. The system provides a coupon-less way for merchants to provide incentive discounts and/or credits to enrolled customers, along with notifying customers of other available incentive offers.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.