Patent application number | Description | Published |
20090313109 | SYSTEM AND METHOD FOR OFFERING AND FULFILLING SITUATION-BASED, LOCATION SPECIFIC REWARDS AND OFFERS TO MOBILE-ORIENTED CONSUMERS - A system, method and computer-readable medium are disclosed for advertising and completing a transaction using a credit card or a debit card. The method includes receiving situation information at a device, based on the situation information, transmitting an advertisement to the device, associating an advertisement with an identification card such as a debit card, credit card, student ID card, biometric data, or club card, and receiving an indication of a purchase associated with the advertisement and completed using the card. The disclosure enables a user to receive an advertisement on a device such as a mobile device and then make a purchase decision based on that advertisement in a normal fashion or transparent to the user and sales clerk, without the use of coupons, special codes or any other additional and annoying requirements for making the purchase. The user only needs to use an appropriate identification card. The merchant for the clerk at a point of sale handles the transaction in a standard fashion. The user can then receive a confirmation of a discount for the transaction on the consumer mobile device and later receive a rebate on an identification card statement. | 12-17-2009 |
20110087538 | SYSTEM AND METHOD FOR OFFERING AND FULFILLING SITUATION-BASED, LOCATION SPECIFIC REWARDS AND OFFERS TO MOBILE-ORIENTED CONSUMERS - A system, method and non-transitory computer-readable storage medium are disclosed for advertising. A system configured to practice the method receives user situation information. Based on the situation information, the system transmits an advertisement to the user's mobile device, wherein the advertisement is associated with an identification card and a coupon and transmitted independent of any user solicitation for a communication and independent of a request for a product or a service. The system receives input from the user via the advertisement for purposes other than redeeming the coupon; and, and receives an indication of a purchase associated with the advertisement and completed at a point of sale device using the identification card, wherein the mobile device differs from the point of sale device and wherein the purchase is at full price and a rebate associated with the coupon and the identification card is provided to the user. | 04-14-2011 |
20110093326 | SYSTEM AND METHOD FOR OFFERING AND FULFILLING SITUATION-BASED, LOCATION SPECIFIC REWARDS AND OFFERS TO MOBILE-ORIENTED CONSUMERS - A system, method and non-transitory computer-readable storage medium are disclosed for advertising. A system configured to practice the method receives user situation information. Based on the situation information, the system transmits an advertisement to the user's mobile device, wherein the advertisement is associated with an identification card and a coupon and transmitted independent of any user solicitation for a communication and independent of a request for a product or a service. The system receives input from the user via the advertisement for purposes other than redeeming the coupon; and, and receives an indication of a purchase associated with the advertisement and completed at a point of sale device using the identification card, wherein the mobile device differs from the point of sale device and wherein the purchase is at full price and a rebate associated with the coupon and the identification card is provided to the user. | 04-21-2011 |
20110106698 | SYSTEM AND METHOD FOR PROCESSING GIFT CARDS - Disclosed herein are systems, methods, and non-transitory computer-readable storage media for enabling gift card recipients to redeem gift card amounts using existing accounts such as a credit/debit card. A system practicing the method identifies a giver and recipient of a gift card amount and associated accounts. A policy is established which governs how the gift card is redeemed, such as a specific merchant or item. When the recipient makes a purchase using an existing credit/debit card according to the policy, the gift card amount is applied to the transaction. No special codes, separate physical gift cards, or printable coupons are necessary for redemption. The recipient makes purchases using their normal purchasing credit/debit card via a qualifying purchase according to the policy, and the gift card is applied automatically. The recipient credit/debit card becomes a combination of an open-looped card and a closed-loop card. Thus, no money is wasted or lost. | 05-05-2011 |
20120030002 | SYSTEM AND METHOD FOR PROCESSING OFFERS - A system, method and non-transitory computer-readable storage medium are disclosed for processing coupons. A system configured to practice the method transmits an advertisement to a mobile device of a user after the user registers to receive advertisements, wherein the advertisement is associated with an identification card of the user and a coupon, activates the coupon based on an acceptance via a user interaction with the mobile device, other than a telephone call, to yield an activated coupon, receives an indication at a point of sale device of a purchase using the identification card, wherein the mobile device is different from the point of sale device, and applies a discount to the purchase according to the activated coupon. Thus, a user can redeem the coupon by simply purchasing using the identification card without presenting a separate physical coupon. The coupon can be applied in substantially real time or after the transaction. | 02-02-2012 |
20120150599 | SYSTEM AND METHOD FOR SELECTING A GIFT BASED ON A WEB PAGE CONTEXT - Disclosed herein are systems, methods, and non-transitory computer-readable storage media for processing gifts based on a web page context. A system practicing the method receives an indication that a giver has selected a user-selectable object on a web page, the selectable object being associated with a gift the giver desires to give to a recipient. The system presents to the giver a proposed gift based on a context of the web page. Upon giver confirmation of the gift for the recipient, the system establishes a policy such that when the recipient makes a qualifying purchase to buy the gift using a recipient account, wherein the recipient account exists prior to the giver confirmation, a gift amount is applied to the recipient account. | 06-14-2012 |
20120150600 | SYSTEM AND METHOD FOR CONFIRMING APPLICATION OF A GIFT TO A TRANSACTION - Disclosed herein are systems, methods, and non-transitory computer-readable storage media for confirming redemption of a gift according to a detected qualifying transaction. A system practicing the method determines, according to a policy, that a recipient has made a qualifying transaction via a recipient account, wherein the policy indicates that the qualifying transaction triggers a transfer of a gift amount to the recipient account. The system sends to the recipient a confirmation request associated with the qualifying transaction, and, upon receiving an affirmative response to the confirmation request, applies at least a portion of the gift amount to the recipient account. In this way, a recipient or other party has some control over which qualifying transactions trigger application of the gift. | 06-14-2012 |
20120150605 | SYSTEM AND METHOD FOR COLLABORATIVE GIFTS IN A SOCIAL NETWORK ENVIRONMENT - Disclosed herein are systems, methods, and non-transitory computer-readable storage media for processing a gift between users in a social network. A system configured to practice the method presents an object to a giver in a social networking site, wherein the object provides an option to give a gift to a recipient. If the giver selects to give the gift, the system receives a selection of the recipient and a policy associated with the gift, wherein the giver is associated with a giver account, the recipient is associated with a recipient account, and the giver account is independent of the recipient account. The system monitors transactions of the recipient using the recipient account to yield information, and, based on the information, if the recipient makes a qualifying transaction according to the policy, the system applies at least part of the gift to the recipient account. | 06-14-2012 |
20120150610 | SYSTEM AND METHOD FOR PROCESSING A GIFT INVOLVING SEPARATE TRANSACTIONS - Disclosed herein are systems, methods, and non-transitory computer-readable storage media for processing a gift involving separate transactions. A system configured to practice the method first associates a policy with a giver having a giver account and a recipient having a recipient account, wherein the giver account is independent of the recipient account, and wherein the policy requires at least two transactions prior to applying a gift amount. Then the system monitors transactions using the recipient account to identify at least two separate qualifying transactions according to the policy. Upon identifying the at least two separate qualifying transactions, the system applies the gift amount to the recipient account according to the policy. | 06-14-2012 |
20120150611 | SYSTEM AND METHOD FOR PROCESSING FINANCIAL TRANSACTIONS - Disclosed herein are systems, methods, and non-transitory computer-readable storage media for receiving data from a giver at a first time, the data being used to identify a merchant at which a gift from the giver to a recipient is redeemable. The system presents a group of merchants associated with the data to the giver, each merchant of the group of merchants offering a promotion in connection with the gift. The system receives from the giver a selection of a chosen merchant from the group of merchants, the chosen merchant having an associated promotion. The system then generates a policy comprising the gift, the chosen merchant, and the associated promotion such that upon receiving an indication of a triggering event caused by the recipient, the system can apply the gift and the associated promotion according to the policy. | 06-14-2012 |
20120150615 | SYSTEM AND METHOD FOR AN APPLICATION PROGRAMMING INTERFACE FOR PROCESSING GIFTS - Disclosed herein are systems, methods, and non-transitory computer-readable storage media for gift communications via an API. A server receiving calls via the API receives a request to monitor recipient transactions, wherein the request includes information comprising a recipient and a policy. The server monitors the recipient transactions using a recipient account associated with the recipient for a qualifying transaction. Upon detecting the qualifying transaction, the server processes data associated with the qualifying transaction. A client device receives, from a giver and at a first time, an indication of a gift amount and a recipient. The client generates a request to monitor recipient transactions, wherein the request includes a recipient and a policy, and transmits the request to a gift processing server, such that when a qualifying transaction is recognized using the recipient account, data is processed associated with the qualifying transaction. | 06-14-2012 |
20120150728 | SYSTEM AND METHOD FOR SPLITTING A TRANSACTION - Disclosed herein are systems, methods, and non-transitory computer-readable storage media for splitting a transaction among multiple participants. A system configured to practice the method first identifies a group of individuals associated with a shared transaction. Then the system identifies a primary individual from the group of individuals and a non-primary group of individuals from the group of individuals, wherein the primary individual is associated with a primary account that existed prior to the shared transaction, and wherein each individual of the non-primary group of individuals is associated with a respective non-primary account that existed prior to the shared transaction. The system establishes a policy for monitoring the primary account for completion of the shared transaction. Then, upon detection of the completion of the shared transaction, the system determines a transaction amount and applies a respective portion of the transaction amount from each non-primary account to the primary account. | 06-14-2012 |
20120150729 | SYSTEM AND METHOD FOR PROCESSING GROUP GIFT CARDS USING A TEMPORARY, LIMITED SCOPE SOCIAL NETWORKING ENTITY - Disclosed herein are systems, methods, and non-transitory computer-readable storage media for enabling gift card recipients to redeem gift card amounts using existing accounts such as a credit/debit card. A system practicing the method sends to a set of givers a set of respective invitations to contribute to a group gift, wherein the group gift is associated with a policy, a person, and a payment account associated with the person that existed prior to sending the set of respective invitations. The system identifies a contribution to the group gift from one of the set of givers, wherein when the person makes a qualifying transaction using the payment account according to the policy, a gift amount associated with the group gift is applied from various giver accounts. Then the system updates at least one of the set of respective invitations sent to the set of givers based on the contribution. | 06-14-2012 |
20120150730 | SYSTEM AND METHOD FOR PROCESSING GROUP GIFT CARDS - Disclosed herein are systems, methods, and non-transitory computer-readable storage media for managing a group gift using a system in which a recipient (purchaser of the group gift) and givers have registered payment accounts with the system. The system displays, on a graphical user interface, at least the giver and the recipient to yield a proposed transfer configuration at a first time. A gift or a merchant can also be identified in the interface. Upon receiving a confirmation from at least one of the giver and the receiver of the proposed transfer configuration, the system establishes a money transfer policy that indicates that, upon detecting a qualifying purchase made using the recipient payment account, at least a portion of a transfer amount is applied to the recipient payment account from at least one giver account. The system simplifies the process of a group of people joining together to buy a gift. | 06-14-2012 |
20120150731 | SYSTEM AND METHOD FOR PROCESSING GROUP GIFT CARDS - Disclosed herein are systems, methods, and non-transitory computer-readable storage media for managing a group gift using a system in which a recipient (purchaser of the group gift) and givers have registered payment accounts with the system. The system displays, on a graphical user interface, at least the giver and the recipient to yield a proposed transfer configuration at a first time. A gift or a merchant can also be identified in the interface. Upon receiving a confirmation from at least one of the giver and the receiver of the proposed transfer configuration, the system establishes a money transfer policy that indicates that, upon detecting a qualifying purchase made using the recipient payment account, at least a portion of a transfer amount is applied to the recipient payment account from at least one giver account. The system simplifies the process of a group of people joining together to buy a gift. | 06-14-2012 |
20120150732 | SYSTEM AND METHOD FOR PROCESSING GIFT CARDS ACCORDING TO A COMMUNICATION CONTEXT - Disclosed herein are systems, methods, and non-transitory computer-readable storage media for identifying and handling group gifts. A system practicing the method receives a request to establish a policy governing a money transfer from a giver account to a recipient payment account according to a policy established at least in part on a communication context, wherein the policy indicates that, upon detection of a qualifying transaction made with a recipient payment account, a transfer amount is applied to the recipient payment account. The system analyzes the communication context to determine the giver and the recipient and respective payment accounts. Then the system implements the policy governing the money transfer such that, upon detection of the qualifying transaction made with the recipient payment account, at least a portion of the transfer amount is applied to the recipient payment account from the respective payment account for the giver. | 06-14-2012 |
20120150740 | SYSTEM AND METHOD FOR PROCESSING GIFT TRANSFERS VIA A SOCIAL NETWORK - Disclosed herein are systems, methods, and non-transitory computer-readable storage media for enabling gift interactions via social media. For example, a user can post to a social networking site in a particular way to establish a gift transfer to a recipient based on a policy, such that when the recipient makes a purchase using their pre-existing payment account, the gift (an amount of money) is transferred or applied to the recipient payment account. A particular structure or feature of a social network post can trigger the creation of the policy, with metadata or information parsed from the social network post providing additional details of the policy. In this way, a user can set up a gift transfer without interacting with a gift portal, application, or website. The recipient does not need to use any special code, separate physical gift cards, or printable coupons to redeem or use the gift. | 06-14-2012 |
20120179577 | SYSTEM AND METHOD FOR PROCESSING GIFTS FROM A GIVER TO A RECIPIENT - Processing gifts from a giver to a recipient is addressed. The system receives an identification of a product or service as a gift and a recipient. The system transmits an offering including the product/service for selection by the recipient. The system processes the purchase and delivery of the selected product using a recipient payment and delivery account and transfers money from the giver payment account (or a holding account) to the recipient payment account to reimburse the cost of the product. The system can process the purchase and delivery of the selected product using the giver's payment and delivery account. In another embodiment, the system utilizes a group to give a gift to the recipient, each member of the group reimbursing a group giver a portion of the cost of the gift. | 07-12-2012 |
20120226604 | SYSTEM AND METHOD FOR PROCESSING GIFT CARDS - Disclosed herein are systems, methods, and non-transitory computer-readable storage media for enabling gift card recipients to redeem gift card amounts using existing accounts such as a credit/debit card. A system practicing the method identifies a giver and recipient of a gift card amount and associated accounts. A policy is established which governs how the gift card is redeemed, such as a specific merchant or item. When the recipient makes a purchase using an existing credit/debit card according to the policy, the gift card amount is applied to the transaction. No special codes, separate physical gift cards, or printable coupons are necessary for redemption. The recipient makes purchases using their normal purchasing credit/debit card via a qualifying purchase according to the policy, and the gift card is applied automatically. The recipient credit/debit card becomes a combination of an open-looped card and a closed-loop card. Thus, no money is wasted or lost. | 09-06-2012 |
20120245987 | SYSTEM AND METHOD FOR PROCESSING GIFT CARDS VIA SOCIAL NETWORKS - Disclosed herein are systems, methods, and non-transitory computer-readable storage media for processing transactions using policies established via social networks. The system receives, via a communication in a social network, an identification of a merchant at a first time from a recipient associated with a recipient payment account comprising one of a credit payment account and a debit payment account existing prior to the first time. The system associates a policy with an offer. The system monitors, according to the policy, purchases using the recipient payment account at a second time, which is later than the first time, to yield purchasing information. Then, based on the purchasing information, the system can determine whether a qualifying purchase has been initiated at the merchant using the recipient payment account. If the qualifying purchase has been initiated, the system can apply an amount of money associated with the offer. | 09-27-2012 |
20130085930 | SYSTEM AND METHOD FOR PROCESSING GIFT CARDS BY INTERCEPTING A PURCHASING TRANSACTION - Disclosed herein is a method for enabling gift card recipients to redeem gift card amounts using existing payment accounts. A system identifies a giver and recipient of a gift card amount and associated accounts. A policy is established which governs how the gift card is redeemed, such as a specific merchant or item. When a purchase is made using an existing credit/debit card according to the policy, the system intercepts the purchase and causes the gift card amount to be applied from an account other than the recipient account. No special codes, separate physical gift cards, or printable coupons are necessary for redemption. The recipient makes purchases using their normal purchasing credit/debit card via a qualifying purchase according to the policy, and the gift card is applied automatically. The recipient credit/debit card becomes a combination of an open-looped card and a closed-loop card. Thus, no money is wasted or lost. | 04-04-2013 |
20130117181 | SYSTEM AND METHOD FOR PROCESSING GIFT CARDS USING SCANNABLE CODE - A method is disclosed which blends the use of scannable codes such as a quick response (QR) codes and processing virtual gift cards. The system receives from a first device associated with a giver at a first time, a first visual scan of a code and data from a giver to identify a recipient and other parameters with a gift. The system receives from a second device associated with a recipient a second visual scan of the code. The system presents at least a second portion of data on the second device and then establishes a policy based on the data that causes the system to monitor purchases using the recipient payment account that existed prior to the first time for a qualifying purchase upon which the system applies the gift according to the policy. | 05-09-2013 |
20130144707 | SYSTEM AND METHOD FOR PROCESSING GIFTS BETWEEN DIFFERENT EXCHANGE MEDIUMS - Disclosed herein are systems, methods, and non-transitory computer-readable storage media for creating a gift in one medium of exchange from stored value in another medium of exchange. The system accesses a first account representing stored value in a first medium of exchange, and chooses an amount of the stored value from the first medium of exchange. Then the system converts the amount of the stored value to a second medium of exchange to yield a converted amount, and gives the converted amount in the second medium of exchange to a recipient as a gift, wherein the gift is associated with a recipient account for the second medium of exchange, and wherein the gift is associated with a policy monitoring transactions made using the recipient account such that the converted amount is applied to a transaction satisfying conditions of the policy. | 06-06-2013 |
20130166445 | SYSTEM AND METHOD FOR PROCESSING GIFT CARDS WHICH HIDE SOME GIFT CARD DATA - Disclosed herein is a method for enabling gift card recipients to redeem gift card amounts using existing payment accounts. A method identifies a giver and recipient of a gift card amount and associated accounts. A policy is established which governs how the gift card is redeemed, such as a specific merchant or item. A notification is sent to the recipient that hides a parameter of the policy. When the recipient takes an action associated with the parameter, the parameter is revealed to the recipient. The recipient makes purchases using their normal purchasing credit/debit card via a qualifying purchase according to the policy, and the gift card is applied automatically. | 06-27-2013 |
20130254002 | SYSTEM AND METHOD FOR OFFERING AND FULFILLING OFFERS ASSOCIATED WITH A RECIPIENT PAYMENT AND DELIVERY ACCOUNT - A system, method and non-transitory computer-readable storage medium are disclosed for one-click purchasing via a mobile device based on situation information of a user. A system associates a product with the user and a registration profile that includes a user payment and delivery account (registration profile) at an on-line shopping environment. The system transmits an offering to a device of the user that includes a presentation of the product and an indication that the user can purchase the product via interaction with the offering. The system receives an indication of the purchase via interaction with the offering and the purchase is completed using the payment account and delivery is accomplished either physically or to an electronic device destination based on data in the registration profile. In one embodiment, one-click gift purchasing for a contact via a mobile device is disclosed. | 09-26-2013 |
20140108124 | System and method for offering and fulfilling situation-based, location specific rewards and offers to mobile-oriented consumers - A system, method and non-transitory computer-readable storage medium are disclosed for advertising. A system configured to practice the method receives user situation information. Based on the situation information, the system transmits an advertisement to the user's mobile device, wherein the advertisement is associated with an identification card and a coupon and transmitted independent of any user solicitation for a communication and independent of a request for a product or a service. The system receives input from the user via the advertisement for purposes other than redeeming the coupon; and, and receives an indication of a purchase associated with the advertisement and completed at a point of sale device using the identification card, wherein the mobile device differs from the point of sale device and wherein the purchase is at full price and a rebate associated with the coupon and the identification card is provided to the user. | 04-17-2014 |
20140114735 | SYSTEM AND METHOD FOR USING A FINANCIAL CONDITION ALGORITHM TO PROCESS PURCHASES AND ADVERTISEMENTS - The system provides a probability of loan default to a purchaser to aid in purchase decision making and financial planning. A user creates an account with a purchasing system prior to purchasing a product and/or service. The user receives an indication of a purchasing transaction of a product by the user. Prior to completion of the purchasing transaction, the system performs an analysis of a loan default probability or financial condition of the user presented as an analysis. The system presents an interactive notice to the user indicating that the loan default probability or financial condition is above a threshold and receives from the user via the interactive notice one of an indication to complete or discontinue the purchasing transaction. | 04-24-2014 |
20140126706 | SYSTEM AND METHOD FOR INTERACTIVE ADVERTISEMENT AUGMENTATION VIA A CALLED VOICE CONNECTION - Disclosed herein are systems, methods, and computer-readable storage devices for streaming data. The method includes presenting a data stream including an interactive communication and detecting feedback from the user in response to the interactive communication. If the feedback indicates a request to receive data associated with the interactive communication, the method includes buffering the data stream from a point in time associated with the feedback to yield a buffered data stream, connecting the user device to a commerce presence associated with the interactive communication temporarily and resuming playback of the buffered data stream to the user device following completion of the temporary communication between the user device and commerce presence. | 05-08-2014 |
20140207612 | SYSTEM AND METHOD FOR MANAGING GIFTS - Disclosed herein are systems, methods, and computer-readable storage devices for receiving, from a giver, identification of a recipient and identification of a product associated with the recipient. The system can generate an offering including at least one product for selection by the recipient, wherein the offering is associated, prior to generating an offering, with a giver payment and delivery account that includes a payment account of the giver and address delivery information for the recipient. The system can associate the offering with a recipient device, and, upon receiving a selection from the recipient of a selected product in the offering via the recipient device, process purchase and delivery of the selected product based on the payment account of the giver and address delivery information included in the giver payment and delivery account for the recipient. | 07-24-2014 |
20140207662 | SYSTEM AND METHOD FOR MANAGING GIFTS - Disclosed herein are systems, methods, and computer-readable storage devices for receiving an identification of a giver, a gift, an amount of money to pay for the gift, and a recipient of the gift at a first time. The system can associate a policy with the gift, and initiate, at the first time, a transfer of at least part of the amount of money to pay for the gift from the giver payment account to a holding account that is separate from the recipient payment account. The system can monitor, according to the policy, purchases of the recipient using the recipient payment account to yield purchasing information based on the purchasing information, and determine whether the recipient has made a qualifying purchase according to the policy. If so, the system can apply the amount of money to pay for the gift from the holding account to the recipient payment account. | 07-24-2014 |
20140214666 | SYSTEM AND METHOD FOR MANAGING GIFTS - Disclosed herein are systems, methods, and non-transitory computer-readable storage media for processing gift transactions, related to retaining a social and gratitude-based experience surrounding giving and receiving gifts, monitoring gift recipients on-premises at merchants and providing gift-related notifications, and managing funds in a gift that the recipient does not redeem. A system configured to practice a first method receives an object associated with a gift, receives a tag associated with the object, and transmits the object to the giver. A system configured to practice a second example method uses face identification at the merchant to identify a recipient of a gift. The system can transmit a reminder to the recipient regarding the gift. In a third example method, the system creates a gift and notifies the recipient of the gift. If the recipient never redeems the gift, then the giver is not charged for the gift and no transaction occurs. | 07-31-2014 |
20140249902 | SYSTEM AND METHOD FOR PROVIDING A CUSTOMER SURVEY - Disclosed herein are systems, methods, and computer-readable storage media for providing a follow-up survey for purchases made at a merchant entity. A customer can make a purchase at a merchant entity, such as a restaurant, and a system can coordinate and store data about the customer using a purchasing account. When the customer visits a website or application associated with the merchant entity, the system can determine if an offer to take a survey exists for the customer. If an offer exists, the system can prompt the customer to take the survey to receive a discount on future purchases made at the merchant entity. Once the customer completes the survey, the system monitors future purchases by the customer and applies the discount appropriately the next time the customer uses the purchasing account at the merchant entity. | 09-04-2014 |
20140250001 | SYSTEM AND METHOD FOR PROCESSING GIFTS BETWEEN DIFFERENT PAYMENT ACCOUNT TYPES - Disclosed herein are systems, methods, and non-transitory computer-readable storage media for creating a gift in one medium of exchange from stored value in another medium of exchange. The system accesses a first account representing stored value in a first medium of exchange, and chooses an amount of the stored value from the first medium of exchange. Then the system converts the amount of the stored value to a second medium of exchange to yield a converted amount, and gives the converted amount in the second medium of exchange to a recipient as a gift, wherein the gift is associated with a recipient account for the second medium of exchange, and wherein the gift is associated with a policy monitoring transactions made using the recipient account such that the converted amount is applied to a transaction satisfying conditions of the policy. | 09-04-2014 |
20140250002 | SYSTEM AND METHOD FOR PROCESSING A GIFT CARD VIA THE CLOUD - Disclosed herein are systems, methods, and non-transitory computer-readable storage media for splitting a transaction among multiple participants. A system configured to practice the method first receives, at a first time, from a payor an identification of a payee and a policy, the payee having a payee account that was registered with a service provider prior to the first time. The system monitors, after the first time, purchasing transactions of the payee using the payee account for a qualified purchase according to the policy, wherein the policy, as defined by the payor, excludes a defined item. When the payee makes the qualified purchase by purchasing an item other than the defined item at a second time, which is later than the first time, the system transfers an amount of money into the payee account to pay for at least part of the qualified purchase. | 09-04-2014 |
20140258055 | SYSTEM AND METHOD FOR A GIFT TRACKER - Disclosed herein are systems, methods, and non-transitory computer-readable storage media for a gift tracker portal that provides an interface to view and manage a history of gift transactions, and provides an interface to give gifts. In this gift tracker interface, a user can view a history of gifts given and received, and can view the status of each individual gift. The system can import gift transactions from other sources, as well as include gift transactions processed by the system itself. The gift tracker system can receive gift transaction history data associated with a user, provide an interface for accessing the gift transaction history data, and receive, via the interface and on behalf of the user, a request associated with the gift transaction history data. Then the gift tracker system can respond to the request. | 09-11-2014 |
20140279041 | SYSTEM AND METHOD FOR PAYMENT ACCOUNT FEE PREVENTION - Disclosed herein are systems, methods, and non-transitory computer-readable storage media for payment account fee prevention. A system monitors purchases made by a payment account, the account having a penalty fee that is applied due to purchase inactivity during a period of time and withdraws an amount of money from the payment account prior to the end of the period of time when the system indicates purchase inactivity to avoid the penalty fee application. The amount of money is calculated as a percentage of the penalty fee, such that a user is charged a lesser fee by the system than an entity collecting the penalty fee for account inactivity. In one embodiment, the system presents an interactive notice with an optional product advertisement, as a reminder to the user via a device, enabling a payment to an entity prior to the end of the period of time. | 09-18-2014 |
20140330713 | SYSTEM AND METHOD FOR PROCESSING FINANCIAL TRANSACTIONS - Disclosed herein are systems, methods, and non-transitory computer-readable storage media for receiving data from a giver at a first time, the data being used to identify a merchant at which a gift from the giver to a recipient is redeemable. The system presents a group of merchants associated with the data to the giver, each merchant of the group of merchants offering a promotion in connection with the gift. The system receives from the giver a selection of a chosen merchant from the group of merchants, the chosen merchant having an associated promotion. The system then generates a policy comprising the gift, the chosen merchant, and the associated promotion such that upon receiving an indication of a triggering event caused by the recipient, the system can apply the gift and the associated promotion according to the policy. | 11-06-2014 |
20140337182 | SYSTEM AND METHOD FOR PROCESSING GIFTS FROM A GIVER TO A RECIPIENT - Processing gifts from a giver to a recipient is addressed. The system receives an identification of a product or service as a gift and a recipient. The system transmits an offering including the product/service for selection by the recipient. The system processes the purchase and delivery of the selected product using a recipient payment and delivery account and transfers money from the giver payment account (or a holding account) to the recipient payment account to reimburse the cost of the product. The system can process the purchase and delivery of the selected product using the giver's payment and delivery account. In another embodiment, the system utilizes a group to give a gift to the recipient, each member of the group reimbursing a group giver a portion of the cost of the gift. | 11-13-2014 |