System and method for collaborative affinity marketing
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United States of America Patent
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Aug 27, 2013
Grant Date -
Jan 8, 2004
app pub date -
Jul 2, 2003
filing date -
Jul 2, 2002
priority date (Note) -
In Force
status (Latency Note)
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Abstract
In one embodiment, the present invention is a method and system for collaborative affinity marketing including a processor, an aggregator, a participant, and a merchant. The method and system include enrolling with the collaborative affinity marketing by the aggregator, participant, and merchant; assigning a participant identification code to the participant; storing enrollment information of the aggregator, participant, and merchant; providing the participant identification code to the merchant, when the participant initiates a purchase transaction with the merchant; storing the participant identification code and amount of purchase transaction by the merchant; sending the stored participant identification code, the amount of purchase transaction, and funds corresponding to a portion of the amount of purchase transaction to the processor; and sending a portion of the funds received by the processor from the merchant to the aggregator.
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