MERCHANT FUNDED REWARDS NETWORK IMPLEMENTING CARDHOLDER LOYALTY REBATE PROGRAM
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United States of America Patent
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N/A
Issued Date -
Oct 1, 2009
app pub date -
Mar 31, 2008
filing date -
Mar 31, 2008
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
A system and method for implementing a program such as a loyalty program. An account (e.g., card) system includes a plurality of participating account holders (e.g., cardholders) of an issuer, a plurality of non-participating account holders (e.g., cardholders) of the issuer and of other issuers, a plurality of non-preferred merchants of the issuer and of other issuers and a plurality of preferred merchants of the issuer. A filter is used to evaluate transactions to identify qualifying program transactions involving both a participating account holders (e.g., cardholders) of the issuer and a preferred merchant of the issuer. Rebates are provided for identified, qualifying program transactions.
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