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 received from acquirer financial institutions. The method further includes identifying, from the received data, purchase transactions that qualify for customer rebates. The method further includes transmitting rebate data to cert...

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Bibliographische Detailangaben
Hauptverfasser: AGUAS CHRISTOPHER P, ERICKSON THERESA ANN, PASTRANA JAMES E, COISMAN JAY A, WHITE BRIGETTE A, PERREAULT BRUNO D
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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Zusammenfassung:A method includes receiving data that represents purchase transactions received from acquirer financial institutions. The method further includes identifying, from the received data, purchase transactions that qualify for customer rebates. The method further includes transmitting rebate data to certain ones of the acquirer financial institutions. The rebate data identifies the purchase transactions that qualify for customer rebates.