System and method for coded transaction processing

A transaction method comprising scanning a card device at a point of service node for a product, wherein the card device is associated with at least one stored discount incentive for the product;

• determining, by at least one processor of a discount processing system, an amount to credit a user account associated with the card device, wherein the amount credited to the user account is based on a value of the at least one discount incentive;
• crediting, by the at least one processor of the platform, a retailer account associated with an entity that sells the product to the user;
• and
• debiting, by the at least one processor of the platform, a discount source account for a discount source of the product, and providing the amount debited from the discount source account to a financial account of the system.

A networked transaction processing apparatus comprising:

• one or more network interfaces adapted to communicate data over a computer network;
• a processor coupled to the network interfaces and adapted to execute one or more processes;
• and
• a memory configured to store a process executable by the processor, the process when executed operable to:
• receive an indication that a user made a purchase for a product at a point of service node associated with a retail entity, wherein the purchase was made by the user utilizing a card having an associated discount incentive, wherein the discount incentive is for the product,
• determine an amount to credit a user account associated with the shopper, wherein the amount credited to the user account is based on a value of the discount incentive,
• credit a retailer account associated with the retail entity, where the amount credited to the retailer account is based on a fee for handling the discount incentive, and
• debit a manufacturer account associated with a manufacturer of the product based on the purchase of the product.

A networked transaction processing system, comprising:

• one or more network interfaces adapted to communicate data over a computer network;
• a processor coupled to the network interfaces and adapted to execute one or more processes;
• and
• a memory configured to store a process executable by the processor, the process when executed operable to:
• maintain one or more web pages having each web page having at least one graphical user interface (GUI) screen, wherein a manufacturer of a product, a seller of the product, and a user of the product utilize the at least one GUI screen to select one or more services;
• wherein the data processor implement the one or more selected services;
• credit an account associated with the user and the account associated with the retailer in response to the user purchasing the product utilizing an electronic discount incentive;
• and
• debiting the account associated with the manufacturer in response to the user purchasing the product utilizing an electronic discount incentive.