MERCHANT SUPPLIED OFFER TO A CONSUMER WITHIN A PREDETERMINED DISTANCE
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United States of America Patent
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-
N/A
Issued Date -
Mar 19, 2009
app pub date -
Sep 13, 2007
filing date -
Sep 13, 2007
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
An merchant supplies a requested offer for inventory to a consumer when the consumer is within a predetermined distance from the merchant. The merchant transmits a merchant identifier, a description of the inventory of the merchant that the merchant is willing to make an offer on, the offer, and instructions to transmit the offer to the consumer making the request for the inventory when the consumer is within the predetermined distance. The merchant receives notice that the offer has been made to the consumer. The consumer accepts the merchant's offer by entering into a transaction with the merchant for the requested inventory that applies the offer to the transaction. The value of the offer may be based on a parameter such as the transaction history of an account associated with the consumer within a payment processing system.
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