SYSTEM AND METHOD FOR REAL-TIME DISCOUNTS AT POINT OF SALE

A method for processing a real-time discount at a point of sale includes: storing, in a database, a plurality of deals, each deal including a consumer identification and a transaction modifier; receiving an authorization 5 request for a financial transaction, the authorization request including a consumer identifier and a transaction amount; verifying enrollment in a discount service of a consumer associated with the consumer identifier; identifying, in the database, at least one deal of the plurality of deals where the included consumer identification corresponds to the consumer identifier; 10 calculating a new transaction amount based on the transaction amount and the transaction modifier included in the at least one deal; and transmitting, by a transmitting device, an authorization response for the financial transaction, wherein the authorization response is for the new transaction amount and is indicated as being a final authorization rather than a partial authorization.