Award system with increased payout options

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance

Reexamination Certificate

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Details

C705S035000

Reexamination Certificate

active

07630935

ABSTRACT:
A cash rebate award system with increased payout options is presented, wherein a consumer using a financial alternative to currency is rewarded based on the purchases made by the consumer within a given time frame, and is allowed to electronically transfer the award into any number of banking or investment accounts. A standard electronic currency transfer system, such as the ABA routing number system, or the ACH routing system, can be used so as not to limit the accounts into which the consumer can transfer their award. Consumers can also choose to transfer their award to multiple accounts, or accounts belonging to others, such as family or charities. Account information can also be saved for more efficient subsequent transfers, and automated transfers can also be set up by the consumer.

REFERENCES:
patent: 6786400 (2004-09-01), Bucci
patent: 2002/0046110 (2002-04-01), Gallagher
patent: 2003/0061093 (2003-03-01), Todd
patent: 2005/0055270 (2005-03-01), Broe
beenz.com and MasterCard Announce Program to Enable Consumers to Convert On-line Rewards to Dollars on a MasterCard card Canada NewsWire. Ottawa: Apr. 27, 2000. p. 1.
America West and Netcentives Join Together to Add ClickRewards Network to FlightFund Program PR Newswire. New York: Sep. 27, 1999. p. 1.
A tricky dance to transfer miles among partners Ask Roger Collis Roger Collis. International Herald Tribune. Paris: Mar. 21, 2003. p. 21.

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