Method and system for crediting a retailer for an internet purchase

A system for providing credit to a first business for a purchase made from a second business, the system comprising:

• a storage medium;
• and
• a processor configured to execute computer-executable instructions stored in the storage medium, the computer-executable instructions comprising:
• instructions for receiving, from a device, information identifying a product for purchase and information identifying a location of the device at the time the device transmitted the product information, the product information obtained by the device at a location associated with a first business;
• instructions for storing information identifying a plurality of businesses;
• instructions for determining that the location of the device at the time the device transmitted the product information corresponds to the location associated with the first business;
• instructions for determining that the product was purchased from a second business via the device;
• and
• instructions for providing a credit to the first business in response to determining that the location of the device at the time the device transmitted the product information corresponds to the location associated with the first business and a determination that the product was purchased from the second business via the device.

A computer-implemented method for crediting a first merchant for a purchase, comprising:

• receiving, by a computer system, product information identifying a product a consumer intends to purchase, wherein the product information is obtained via a device associated with the consumer;
• receiving, by the computer system, information identifying a location of the consumer at a time when the product information was transmitted by the device;
• receiving, by the computer system, purchase information indicating a purchase of the product from a second merchant, the second merchant being different than the first merchant and competing with the first merchant;
• determining, by the computer system, that the location of the consumer at the time the product information was transmitted by the device corresponds to a location associated with the first merchant;
• and
• in response to receiving the purchase information indicating the purchase of the product from the second merchant and a determination that the location of the consumer at the time the product information was transmitted by the device corresponds to the location associated with the first merchant, applying, by the computer system, a credit to the first merchant.