Systems and methods to apply the benefit of offers via a transaction handler

US9460436B2 · kind B2 · utility

Assignee

• Visa International Service Association · US

Inventors

• Joseph Bjorn Ovick · San Francisco, US
• Mark Carlson · Rue de l'Église, US
• Ryan Hagey · Alameda, US
• Margaret Reid · San Mateo, US
• Patrick Stan · Pacifica, US
• Patrick Wright · Mountain View, US
• Krishna Prasad Koganti · Cupertino, US
• Glenn Powell · Fremont, US
• Phillip Kumnick · Phoenix, US

Key dates

• Filing date: Mar 14, 2013
• Grant date: Oct 4, 2016
• Expiry date: Jul 2, 2034

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q30/0239
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A system includes a transaction handler configured to split a transaction, initiated between an acquirer processor representing a merchant and an issuer processor representing an account holder, into separate transactions with the issuer processor and at least one sponsor processor that is configured to provide the benefit of offers to applicable transactions. A portal is configured to notify the account holder of the award/redemption of the benefit of an offer using a communication channel separate from the transaction terminal that initiates and approves the transaction between the account holder and the merchant.