Rebate issuance and reconciliation systems and methods
AssigneeFirst Data Corporation
InventorKenneth Algiene
Life of this patent
Estimating the term…
Abstract
Systems and methods are disclosed for providing rebates. A host computer receives information associated with at least one item for sale and reimbursement information relating to the rebate. The host computer also receives redemption information on a redeemed rebate. The host computer transmits a request for reimbursement based on the reimbursement information and the redemption information.
Claims35
A method for providing a rebate, the method comprising:
- receiving at a host computer rebate information associated with at least one item for sale and reimbursement information relating to the rebate;
- receiving at the host computer redemption information on a redeemed rebate;
- and
- transmitting from the host computer a request for reimbursement based on the reimbursement information and the redemption information.
A computer system for providing a rebate, the system comprising:
- a host computer having an input interface and an output interface;
- and
- a memory device associated with the host computer,
- wherein the host computer is configured to receive at the input interface rebate information associated with at least one item for sale, reimbursement information relating to the rebate, and redemption information on a redeemed rebate, and to transmit at the output interface a request for reimbursement based on the reimbursement information and the redemption information.
A method for reconciling rebates, the method comprising:
- receiving, from each of a plurality of retailers, information setting forth a plurality of redeemed rebates, each such redeemed rebate being associated with a manufacturer and with a rebate amount;
- and
- transmitting a request to effect a transfer of funds from an account of at least one of the manufacturers to an account of at least one of the retailers in accordance with the rebate amounts.
A method for reconciling a rebate, the method comprising:
- receiving a request for reimbursement of a rebate amount for a rebate redeemed by a retailer, wherein the rebate originates with a manufacturer;
- transmitting a first instruction to a first financial institution to debit an account of the manufacturer of at least the rebate amount;
- and
- transmitting a second instruction to a second financial institution to credit an account of the retailer of at least the rebate amount.
A computer system for reconciling rebates, the computer system comprising:
- a payment-system computer having an input interface and an output interface;
- and
- a memory device associated with the payment-system computer,
- wherein the payment-system computer is configured to:
- receive at the input interface, from each of a plurality of retailers, information setting forth a plurality of redeemed rebates, each such redeemed rebate being associated with a manufacturer and with a rebate amount;
- and
- transmit at the output interface a request to effect a transfer of funds from an account of at least one of the manufacturers to an account of at least one of the retailers in accordance with the rebate amounts.
A computer system for reconciling rebates, the computer system comprising:
- a payment-system computer having an input interface and an output interface;
- and
- a memory device associated with the payment-system computer,
- wherein the payment-system computer is configured to:
- receive a request for reimbursement of a rebate amount for a rebate redeemed by a retailer, wherein the rebate originates with a manufacturer;
- transmit a first instruction to a first financial institution to debit an account of the manufacturer of at least the rebate amount;
- and
- transmit a second instruction to a second financial institution to credit an account of the retailer of at least the rebate amount.
Dependencies are inferred from the claim text.