Consumer database loyalty program for a money transfer system
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United States of America Patent
Stats
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Jul 22, 2014
Grant Date -
Mar 5, 2009
app pub date -
Aug 28, 2007
filing date -
Aug 28, 2007
priority date (Note) -
In Force
status (Latency Note)
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Abstract
A money transfer system provided in connection with a loyalty program where the loyalty program members are assigned a loyalty identifier. The system includes point of entry ports to communicate transaction information with points of entry; a promotion database, a customer database, a pricing database, an analytics port to communicate marketing information with a marketing analytics system and a transaction processing system. The transaction processing system updates the promotion database as a function of the marketing information, receives money transfer transaction requests including loyalty identifiers, determines whether the requested transactions are entitled to loyalty program promotions, prices the transactions as a function of base transaction pricing and promotions pricing of any promotions to which the transaction is entitled, provides the transaction pricing information, updates the customer database as a function of transaction information and periodically provides transaction information to the analytics port.
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