Systems and methods wherein a buyer purchases a product at a first price and physically acquires the product at a location associated with a merchant that offers the product for sale at a second price

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United States of America Patent

PATENT NO 7107228
SERIAL NO

09591594

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Abstract

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Systems and methods are provided wherein a buyer purchases a product at a first price and physically acquires the product at a location associated with a merchant that offers the product for sale at a second price, the second price being different from the first price. Transaction information associated with the buyer and the merchant is received. Information that enables the buyer to physically acquire the product at a location associated with the merchant in exchange for providing payment of an amount based on the first price, such as by providing payment to a central controller, is transmitted. According to one embodiment, a central controller provides payment of an amount based on the second price to the merchant.

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Patent Owner(s)

Patent OwnerAddress
GROUPON INC600 W CHICAGO AVE SUITE 620 CHICAGO IL 60654

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Jorasch, James A Stamford, CT 1157 96501
Van, Luchene Andrew S New York, NY 255 12678
Walker, Jay S Ridgefield, CT 1530 120437

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