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US 2014/0372195 A1Published application
Electronic reward system
OwnerRobert Desideriinventor
Life of this patent
Estimating the term…
Abstract
Data is detected from transaction systems, the data including a party's financial inflows, holding, outflows, payables and receivables. Data is also detected from location systems, the data including a party's proximity to a place or further party. Data is processed to determine if a reward should be triggered. Rewards are expressed as an amount of a virtual currency.
Claims17
A method performed by an electronic processing system, the method comprising:
- electronically storing information defining at least first and second criteria that must be satisfied by a user in order for a reward to be awarded,
- (i) the first criterion being that the user is at or has visited, or is or was within a predetermined proximity of, at least one of a) a specified physical or virtual location, b) a physical or virtual location meeting a specified criterion, c) a specified individual or d) an individual meeting a specified criterion, e) an event or type of event, and
- (ii) the second criterion being that the user has participated in at least one activity, the at least one activity being one of (a) the user has surrendered value to, or received value from, another party or category of party (b) the user has been a party to a transaction with a particular party or category of party, (c) the user has conferred a benefit on another party or account balance criterion, or e) the user complied with a request benefiting another party or category of party,
- and,
- generating an electronic reward indication in response to a wholly-electronic determination that at least both the first and the second criteria have been satisfied.
2 more elements
An electronic processing system including one or more processors and adapted to execute programming that
- electronically stores information defining at least first and second criteria that must be satisfied by a user in order for the reward to be awarded,
- (i) the first criterion being that the user must visit, or be within a predetermined proximity of, at least one of a) a specified physical or virtual location, b) a physical or virtual location meeting a specified criterion, c) a specified individual or d) an individual meeting a specified criterion, e) an event, and
- (ii) the second criterion being that the user has participated in at least one activity, the at least one activity being one of (a) the user has surrendered value to, or received value from, another party or category of party (b) the user has been a party to a transaction with a particular party or category of party, (c) the user has conferred a benefit on specified account balance criterion, or e) the user complied with a request benefiting another party or category of party,
- and,
- generates an electronic indication in response to a wholly-electronic determination that at least both the first and the second criteria have been satisfied.
2 more elements
Dependencies are inferred from the claim text.