System and method for point of use reward determination

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United States of America Patent

PATENT NO 8498898
SERIAL NO

09526876

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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A system and method that allows a group of organizations, e.g. a group of transit agencies, to provide their users with a stored value smart card payment method that rewards them for actual use. The system and method include a card interface device and a smart card for storing respective reward applications, wherein the card interface device reward application retrieves transaction and reward data from the smart card and processes the data within the card interface device in order to determine a transaction reward.

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Patent Owner(s)

  • CITICORP CREDIT SERVICES, INC. (USA)

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Kogen, Mark F Lawndale, US 2 21
Munoz, Ramiro Santa Monica, US 5 38

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