CONSUMER DATABASE LOYALTY PROGRAM FOR A MONEY TRANSFER SYSTEM

摘要

A money transfer system provided in connection with a loyalty program where the loyalty program members are assigned a loyalty identifier. The system includes point of entry ports to communicate transaction information with points of entry; a promotion database, a customer database, a pricing database, an analytics port to communicate marketing information with a marketing analytics system and a transaction processing system. The transaction processing system updates the promotion database as a function of the marketing information, receives money transfer transaction requests including loyalty identifiers, determines whether the requested transactions are entitled to loyalty program promotions, prices the transactions as a function of base transaction pricing and promotions pricing of any promotions to which the transaction is entitled, provides the transaction pricing information, updates the customer database as a function of transaction information and periodically provides transaction information to the analytics port.

主权项

1. A money transfer system capable of providing discounted fee money transfer transactions, including:
point of entry ports to communicate transaction information with points of entry; a promotion database including information representative of promotions, including promotions pricing, wherein the information representative of promotions includes information representative of promotions available only to loyalty program members; a customer database including information representative of customers' transaction histories and customers' loyalty identifiers for customers that are members of a loyalty program; a pricing database including base transaction pricing; an analytics port to communicate marketing information with a marketing analytics system; and a transaction processing system connected to the point of entry ports, promotion database, customer database, pricing database and analytics port, wherein the transaction processing system is configured to:
update the promotion database as a function of the marketing information;receive money transfer transaction requests, wherein at least some of the requests include loyalty identifiers identifying the customers as loyalty program members;determine whether any received loyalty identifiers are valid;determine based on information in the promotion database whether requested transactions are entitled to promotions, including whether the requested transaction is entitled to any loyalty program promotions;determine transaction pricing information as a function of the base transaction pricing in the pricing database and the promotions pricing in the promotion database that are associated with transactions determined to be entitled to promotions;provide the transaction pricing information to the point of entry ports associated with the transactions to enable the transaction pricing information to be communicated to the associated points of entry;processing the transaction, including determining whether the transaction was completed;update the customer database as a function of transaction information, including whether the transaction was entitled to a loyalty program promotion; andprovide transaction information to the analytics port.