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Abstract

A method of avoiding the use of discount coupons comprises the steps of advertising a plurality of products available for purchase from a plurality of vendors at a discount according to related discount coupons, and purchasing a plurality of the advertised products by a plurality of consumers, from the vendors without using the related discount coupons, and transmitting discount coupon data of the discount coupons related to the purchased products, and proof of purchase data, over the Internet to a discount payment clearinghouse, and transmitting purchase confirmation data, by the vendors, to the discount payment clearinghouse; and transmitting requests for payment of the discounts, by the consumers, to the discount payment clearinghouse. The clearinghouse then correlates the coupon data, proof of purchase data and purchase confirmation data and pays out cash discounts to the consumers in accordance with the correlated data.

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First Claim