METHOD AND SYSTEM FOR SOCIAL NETWORK INITIATED REWARDS

METHOD AND SYSTEM FOR SOCIAL NETWORK INITIATED REWARDS

A system and method for processing an economic benefit between friends on a social network using a consumer identifier, payment card, and plurality of friend identifiers, each friend identifier including a consumer identifier corresponding 5 to another consumer data entry, at least one challenge inc...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Hauptverfasser: Shatzman, Natalie, Guiney, Christopher Andrew, Cooke, Alan, Whitney, Stephen, Hosp, Adam Kenneth, Grothe Jr., Robert T, Wheeler, J. Chris
Format: Patent
Sprache:eng
Schlagworte:
CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
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Beschreibung
Zusammenfassung:A system and method for processing an economic benefit between friends on a social network using a consumer identifier, payment card, and plurality of friend identifiers, each friend identifier including a consumer identifier corresponding 5 to another consumer data entry, at least one challenge including a challenge identifier, task identification, threshold number of consumers and a reward; a task identifier and a required action. Upon an indication of completion of a task by the consumer and friends or indication based on performance of the corresponding required action, the consumer and friends can share in a reward.