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 to another consumer data entry, at least one challenge inclu...

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Hauptverfasser: COOKE, ALAN, SHATZMAN, NATALIE, WHEELER, J. CHRIS, GUINEY, CHRISTOPHER ANDREW, HOSP, ADAM KENNETH, GROTHE, ROBERT T., JR, WHITNEY, STEPHEN
Format: Patent
Sprache:eng ; fre
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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 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.