Electronic Rebate System And Method

A computerized method for a merchant to rebate customers comprising:

• processing, by a merchant server, a number of customer transactions co-operatively with the payment network, each customer transaction performed between the merchant and a customer with a payment instrument of the customer;
• storing, by the merchant server, transaction data of the processed customer transactions on a merchant database;
• determining, by the merchant server, if the customers of the processed customer transactions are eligible for rebates based on past customer transactions performed by the customers with the merchant;
• identifying, by the merchant server, the processed customer transactions that are performed by the eligible customers;
• selecting, by the merchant server, one or more of the identified customer transactions;
• and
• performing, by the merchant server, a rebate transaction for each selected customer transaction for rebating the eligible customers thereof.

An electronic system for a merchant to rebate customers, the system comprising an intermediary transaction processor communicatively linked to a payment network, the intermediary transaction processor configured for performing steps comprising:

• receiving, from a merchant server, transaction data for a customer transaction performed between the merchant and a customer with a payment instrument of the customer;
• processing the customer transaction co-operatively with the payment network;
• determining if the customer is eligible for a rebate based on past customer transactions performed by the customer with the merchant;
• communicating, to the merchant server, rebate details associated with the customer transaction in response to determination that the customer is eligible;
• receiving, from the merchant server, a rebate message for approving or declining the rebate to the customer;
• and
• performing a rebate transaction for rebating the customer if the rebate message represents an approval of the rebate to the customer.

A computerized method for a merchant to rebate customers comprising:

• receiving, by an intermediary transaction processor, from a merchant server, transaction data for a customer transaction performed between the merchant and a customer with a payment instrument of the customer;
• processing, by the intermediary transaction processor, the customer transaction co-operatively with the payment network;
• determining, by an intermediary transaction processor, if the customer is eligible for a rebate based on past customer transactions performed by the customer with the merchant;
• communicating, by an intermediary transaction processor, to the merchant server, rebate details associated with the customer transaction in response to determination that the customer is eligible;
• receiving, by an intermediary transaction processor, from the merchant server, a rebate message for approving or declining the rebate to the customer;
• and
• performing, by an intermediary transaction processor, a rebate transaction for rebating the customer if the rebate message represents an approval of the rebate to the customer.