Electronic Incentive Redemption and Clearing System

摘要

A System Solution offers a Retailer and a Manufacturer a way to prevent Coupon Fraud when Electronic Coupons are used. A plurality of Electronic Coupons are redeemed by Consumers and an Electronic Coupon Clearing Process validates that the redeemed Electronic Coupons are legitimately redeemed by a Consumer when purchasing associated products or services and that the total number and Face Value of the redeemed Electronic Coupons are not altered by any business entity, organization, or individual. The System Solution computes a Redemption Encrypted Identifier that is associated with the redeemed Electronic Coupon and is validated against stored parameters by an Electronic Clearing House. The Redemption Encrypted Identifier is computed using a first identifier known by a Retailer and a second identifier known by a Manufacturer.

主权项

1. An apparatus to redeem an electronic coupon comprising:
a Mobile Device coupled to an operating system; the Mobile Device identifier identifies the Mobile Device in a plurality of Mobile Devices; a coupon identifier which identifies the electronic coupon in a plurality of electronic coupons; an electronic redemption process redeems the electronic coupon of a scanned bar code; and a coupon instance identifier identifies a single digital instance of the electronic coupon in an encrypted way that is not known by the electronic redemption process.