System and method for referral optimization and compensation

Abstract

A method of processing a referral transaction in a referral system having business and user members. The method comprises receiving, at a processor of a first user device, input from a first user for initiating a referral transaction, capturing, using a camera coupled to the processor, an image relating to the referred business, generating a unique referral code associated with member information of the user and the business, and communicating over a network to post a link that includes the referral code. Activation of the link by a second user provides the second user a referral that can be redeemed at the member business, and the first user and the second user receive compensation from the referral system upon confirmation of the redemption of the referral.

Dependencies are inferred from the claim text.