Generation, distribution, storage, redemption, validation and clearing of electronic coupons
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
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Mar 14, 2006
Grant Date -
N/A
app pub date -
Dec 30, 1999
filing date -
Dec 30, 1999
priority date (Note) -
Expired
status (Latency Note)
Importance
Abstract
A method and system generates, distributes, stores, redeems, validates and clears electronic manufacturer coupons and electronic store coupons. A coupon mint generates unforgable blank digital coupons. The promoter of the offer then writes the terms and conditions and other details of the offer, on blank coupons to customize these. These customized coupons are digitally signed by the promoter and distributed to potential customers. A customer may either present these coupons electronically for redemption to an online store, or print these coupons and present them to a conventional offline store. The store may check the authenticity of a coupon by verifying the digital signature and also verifying if the coupon has not been used earlier by contacting a verification center. The store collects all redeemed coupons and sends these to manufacturer for clearing. The verification center verifies that the coupon is authentic and has not already been used before.
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Cited Art Landscape
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