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Abstract

Systems and methods for applying a transaction discount to a payment account are disclosed. In one exemplary system, a transaction discount system includes a memory having a discount database identifying discounted transaction types, a discount amount per discounted transaction type for an account type, and where each discounted transaction type is associated with a sponsor account. A server receives an electronic transaction from a payment device associated with a payment account. The server is coupled to the memory and includes computer-executable instructions defining a consumer transaction discount program that authorizes a full payment of the electronic transaction on the payment account and further credits the payment account the discount amount when the electronic transaction matches the discounted transaction type and the payment account matches the account type. The consumer transaction discount program also further debits the sponsor account for the discount amount.

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First Claim