Manufacturer's offer redemption system

Details Manufacturer's offer redemption system Manufacturer's offer redemption system

2011-01-25

2011-01-25

Weiss, John G (Department: 3688)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Discount or incentive

Reexamination Certificate

active

07877288

ABSTRACT:
A manufacturer's offer (“coupon”) redemption system used to validate and verify a manufacturer's offer and authenticate and substantiate an offer redemption transaction while minimizing fraud. The system is a closed system in a controlled environment. The system includes a central registry where manufacturers register their offers, a manufacturer's offer redemption terminal in communication with a retailer's point-of-sale (“POS”) system, and a manufacturer's offer clearinghouse. The POS system communicates with the registry to maintain an updated database of valid offers. The POS system communicates with the manufacturer's offer redemption terminal to validate and verify offers presented for redemption. The manufacturer's offer redemption terminal includes a means to generate an encrypted identifier (“token”) which is unique to each manufacturer's offer redemption transaction. The encrypted token is attached to the purchase event transaction log, and the purchase event transaction log (including the token) is transmitted to the manufacturer's offer clearinghouse. The clearinghouse independently recreates the token based on the offer redemption record and the purchase event transaction log and authenticates the transaction as having originated under the controlled conditions imposed by the system, which includes destruction of the redeemed offer.

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