Fraud deterred product and service coupons
OwnerDuncan Leeinventor
Life of this patent
Estimating the term…
Abstract
A membership user coupon program for printed and electronic coupons having built-in measures to deter fraud committed by a retailer and/or a consumer during the redemption and/or reimbursement of the coupon. The system and process provide traceability prior to the issuance and/or printing of the coupon, prior to a retailer acceptance of the coupon and at the point of sale.
Claims15
A method to deter consumer/user and retailer fraud on a third party coupon for a provider requiring membership prior to issuance and redemption of the coupon, comprising the steps of:
- a) bringing and presenting a printed third party coupon by a consumer/user to a retailer;
- b) scanning the third party coupon by the retailer;
- c) signing up for membership by the consumer/user;
- d) entering an assigned identification mark and a member consumer/user password into an interactive online database of a service center or a provider, the interactive online database checking its database to verify the assigned identification mark and password, tying the assigned identification mark and password to a member consumer/user, is approving or disapproving the use of the third party coupon by the member consumer/user;
- e) entering a sale or a plurality of sale of a product by the retailer only if payment is made by credit card or a personal bank check;
- f) validating payment of the sale by a credit card or a personal bank check;
- g) imprinting on the surface of the third party coupon, certificate and identification marks including at least, name of the member consumer/user and proof of sale;
- and,
- h) forwarding a number of gathered imprinted third party coupons generated from the sale or plurality of sale of the product to a service center.
A method to deter consumer/user and retailer fraud on a third party coupon for a provider not requiring membership prior to issuance and redemption of the coupon, comprising the steps of:
- a) bringing and presenting a printed third party coupon by a consumer/user to a retailer having the consumer/user's name imprinted on the third party coupon;
- b) scanning the third party coupon by the retailer;
- c) entering a sale or a plurality of sale of a product by the retailer only if payment is made by credit card or a personal bank check;
- d) validating payment of the sale by a credit card or a personal bank check by matching the name imprinted on the third party coupon with the name on the credit card or personal bank check;
- e) imprinting on the surface of the third party coupon a proof of sale;
- and,
- f) forwarding a number of gathered imprinted third party coupons generated from the sale or plurality of sale of the product to a service center.
Dependencies are inferred from the claim text.