US 2019/0197574 A1Published application

System for managing a loyalty program marketplace

AssigneePaypal, Inc.

InventorZachary Joseph Berman

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Abstract

A computer system detects a request to process a transaction corresponding to a first user and a first merchant, wherein the first user is associated with a first user account of a plurality of user accounts associated with a transaction platform. In response to detecting the request to process the transaction, the computer system identifies that a second user account of the plurality of user accounts includes a first amount of rewards corresponding to the first merchant. The computer system determines an optimal transaction path for obtaining, from the second user account, at least a portion of the first amount of rewards. In response to determining the optimal transaction path, the computer system utilizes the optimal transaction path to obtain the at least the portion of the first amount of rewards, and processes the transaction by utilizing the at least the portion of the first amount of rewards.

Claims20

Dependent claims

A computer system, comprising:

one or more computer-readable memories storing program instructions;
and
one or more processors configured to execute the program instructions to cause the system to perform operations comprising:
detecting a request to process a transaction corresponding to a first user and a first merchant, wherein the first user is associated with a first user account of a plurality of user accounts associated with a transaction platform;
in response to detecting the request to process the transaction corresponding to the first user and the first merchant, identifying that a second user account of the plurality of user accounts includes a first amount of rewards corresponding to the first merchant;
determining an optimal transaction path for obtaining, from the second user account, at least a portion of the first amount of rewards corresponding to the first merchant;
and
in response to determining the optimal transaction path for obtaining, from the second user account, the at least the portion of the first amount of rewards corresponding to the first merchant, utilizing the optimal transaction path to obtain the at least the portion of the first amount of rewards corresponding to the first merchant and processing the transaction by utilizing the at least the portion of the first amount of rewards corresponding to the first merchant.

5 more elements

A non-transitory computer-readable medium storing computer-executable instructions, that in response to execution by one or more hardware processors, causes the one or more hardware processors to perform operations comprising:

detecting a request to process a transaction corresponding to a first user and a first merchant, wherein the first user is associated with a first user account of a plurality of user accounts associated with a transaction platform;
in response to detecting the request to process the transaction corresponding to the first user and the first merchant, identifying that a second user account of the plurality of user accounts includes a first amount of rewards corresponding to the first merchant;
determining an optimal transaction path for obtaining, from the second user account, at least a portion of the first amount of rewards corresponding to the first merchant;
and
in response to determining the optimal transaction path for obtaining, from the second user account, the at least the portion of the first amount of rewards corresponding to the first merchant, utilizing the optimal transaction path to obtain the at least the portion of the first amount of rewards corresponding to the first merchant and processing the transaction by utilizing the at least the portion of the first amount of rewards corresponding to the first merchant.

2 more elements

A method, comprising:

detecting that a location of a user device corresponds to a first merchant;
in response to the detecting that the location of the user device corresponds to the first merchant, determining if one or more previously completed transactions, of a plurality of previously completed transactions, correspond to the first merchant, wherein the plurality of previously completed transactions have not been processed for a rewards allocation;
in response to determining that one or more previously completed transactions correspond to the first merchant, identifying a first smart contract, from a plurality of smart contracts, that corresponds to the first merchant and a user of the user device;
and
causing the identified first smart contract to allocate an amount of rewards that corresponds to the one or more previously completed transactions.

2 more elements

Dependencies are inferred from the claim text.

Facts

Application: 15/851,106Filed 21 Dec 2017
Published: 27 Jun 2019
Term ends: Not estimatedThe source records don’t support an estimate.

Classification4 codes

G06Q 30/0233
Incentive systems for frequent usage, e.g. frequent flyer miles programs or point systems: method of redeeming a frequent usage reward
G06Q 20/3224
Aspects of commerce using mobile devices [M-devices]: transactions dependent on location of M-devices
G06Q 20/3821
Insuring higher security of transaction: electronic credentials
G06Q
Information and communication technology [ict] specially adapted for administrative, commercial, financial, managerial