Controlled offer redemption system

Abstract

A controlled offer redemption system used to validate, verify, and redeem manufacturers' offers, retailers' offers, and cooperative offers, to restrict the redemption of retailers' offers and cooperative offers to particular retailers, and to authenticate the offer redemption transactions. The system is a closed system in a controlled environment. The system includes a master registry where offers are registered, an offer redemption terminal in communication with a retailer's point-of-sale (“POS”) system, a store portal and an offer clearinghouse. The store portal communicates with the registry to maintain an updated database of valid offers. The POS system communicates with the offer redemption terminal to validate and verify offers presented for redemption. The offer redemption terminal includes a means to generate an encrypted identifier (“token”) which is unique to each offer redemption transaction. The encrypted token is attached to the purchase event transaction, and the purchase event transaction (including the token) is transmitted to the offer clearinghouse. The clearinghouse independently recreates the token based on the offer redemption record and the purchase event transaction log and authenticates the transaction as having originated under the controlled conditions imposed by the system, which includes destruction of the redeemed offer and limited redemption of retailers' and cooperative offers to the authorized retailer(s).

Dependencies are inferred from the claim text.