METHOD AND APPARATUS FOR REWARD CALCULATION AND DISBURSEMENT

METHOD AND APPARATUS FOR REWARD CALCULATION AND DISBURSEMENT

A method includes receiving data that represents purchase transactions re ceived from acquirer financial institutions. The method further includes ide ntifying, from the received data, purchase transactions that qualify for cus tomer rebates. The method further includes transmitting rebate data to c...

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Bibliographische Detailangaben
Hauptverfasser: PERREAULT, BRUNO D, ERICKSON, THERESA ANN, WHITE, BRIGETTE, AGUAS, CHRISTOPHER P, PASTRANA, JAMES E, COISMAN, JAY A
Format: Patent
Sprache:eng ; fre
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 method includes receiving data that represents purchase transactions re ceived from acquirer financial institutions. The method further includes ide ntifying, from the received data, purchase transactions that qualify for cus tomer rebates. The method further includes transmitting rebate data to certa in ones of the acquirer financial institutions. The rebate data identifies t he purchase transactions that qualify for customer rebates.