Controlled offer redemption system with dynamic cooperative and charitable offer management
AssigneeCunningham Electronics Corporation
InventorsWilliam R. Cunningham, Richard W. White
Life of this patent
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AssigneeCunningham Electronics Corporation
InventorsWilliam R. Cunningham, Richard W. White
Estimating the term…
A controlled offer redemption system used to create dynamic cooperative offers and charitable offers, and to validate, verify, and redeem manufacturers' offers, retailers' offers, cooperative offers, dynamic cooperative offers and charitable offers, to restrict the redemption of cooperative, dynamic cooperative and retailers' offers to particular retailers and to authenticate the offer redemption transactions. The system includes a master registry, an offer redemption terminal in communication with a retailer's point-of-sale (“POS”) system, a store portal and an offer clearinghouse. The offer system includes a means to generate an encrypted identifier (“token”) which is unique to each offer redemption transaction. 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.
A method for dynamically creating a cooperative offer and redeeming the cooperative offer, the method comprising the steps of:
Dependencies are inferred from the claim text.