Systems and processes for operating a digital marketplace exchange that transacts the offer and sale of golf products and services for future redemption

A system for purchasing a round of golf by a customer from a golf course, the system comprising:

• a server hosting a website in communication with a wired and/or wireless communication network, the server in communication with a database located at a golf course or a location remote to the golf course through the wired and/or wireless communication network, and
• a mobile computer device or a computing device, in communication with the server through the wired and/or wireless communication network, the device comprising a processor coupled to non-transitory memory, a real-time positioning system component, a temporal component and a display, executing by the processor a software application that is synchronized with the positioning system and temporal components
• whereby the processor is configured to receive a customer profile related to preferences for rounds of golf, a customer order, and a payment method and communicate the customer profile and customer order to the server;
• whereby the processor is configured to from the database of the server upon receipt of the customer profile from the software application:
• a customer account and a cost for the round, previously uploaded to the database by an owner, employee or agent of the golf course at least one rule containing spatial and temporal limitations attached to the round's play previously uploaded to the database by an owner, employee or agent of the golf course;
• and any discount offered for the rule, previously uploaded to the database by the owner, employee or agent of the golf course;
• whereby the processor executing the software application is configured to combine the cost for the round, the rule, and any discount offered for the rule to create at least one proposed customer order;
• whereby the processor executing the software application presents the proposed customer order to the customer for purchase;
• whereby upon receipt of the customer order the processor is configured to submit the payment method for settlement for the cost of the round less any discount for the rule, credit the customer account for the round and link the round to the rule;
• whereby the processor executing the software application is further configured to actively monitor a real-time location and temporal location of the mobile computer device from the time of the customer order through the arrival of the customer at the golf course at Which the round is to be played using the real-time positioning system component, and
• whereby the round may only be redeemed when both the spatial and temporal location of the device satisfy the rule linked to the round.