William R. Cunningham - Anna IL, US Douglas E. Devore - Dongola IL, US
Assignee:
Cunningham Electronics Corporation - Anna IL
International Classification:
G06Q 30/00
US Classification:
705 1447
Abstract:
The present invention comprises a universal coupon redemption system and method for redeeming both paper and electronic coupons that eliminates fraud. The system and method provides verification, validation and authentication of coupon redemption transactions in a third party environment while eliminating the need to ship coupons to manufacturers for reimbursement. In one embodiment, the system and method also advantageously addresses the increasingly complex identification of coupons by removing the encoded redemption requirements from the coupon itself and moving the redemption requirements to a third party coupon processing appliance.