Systems and Methods for Managing Purchase Transactions Performed by Members of Groups
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United States of America Patent
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Issued Date -
Aug 11, 2016
app pub date -
Feb 11, 2015
filing date -
Feb 11, 2015
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Abstract
Systems and methods are provided for managing purchase transactions by members of a group, where the group includes multiple members. In connection with the systems and methods, transaction data is accessed, via a processor, for a purchase transaction by a member of the group. The transaction data includes an amount of the purchase transaction. The processor then compares the amount of the purchase transaction to a metric amount. And, when the amount of the purchase transaction satisfies the metric amount (e.g., is about equal to or less than the metric amount, etc.), the processor transfers value to a reward account associated with the member.
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