Patent ID: 8155999
Filing Date: 2012-04-10
Classification: B01J,G06Q,G07F

Abstract:
1. A method for facilitating a merchant reward program, said method comprising the steps of: receiving, by a computer, a first financial transaction authorization request comprising first purchase data, wherein said first purchase data comprises a first transaction account code, a first purchase amount, and a first service establishment code; associating, by said computer, said first service establishment code with a first merchant proprietor rewards account code; associating, by said computer, said first transaction account code with a second merchant proprietor rewards account code; calculating, by said computer, a first reward amount and a second reward amount; crediting, by said computer, a first merchant proprietor rewards account with at least a portion of said first reward amount, wherein said first merchant proprietor rewards account is associated with said first merchant proprietor rewards account code; crediting, by said computer, a second merchant proprietor rewards account with at least a portion of said second reward amount, wherein said second merchant proprietor rewards account is associated with said second merchant proprietor rewards account code; receiving, at said computer, a second financial transaction authorization request comprising second purchase data, wherein said second purchase data comprises a second transaction account code, a second purchase amount, and a second service establishment code; associating, by said computer, said second service establishment code with said second merchant proprietor rewards account code; associating, by said computer, said second transaction account code with said first merchant proprietor rewards account code; calculating, by said computer, a third reward amount and a fourth reward amount; and, crediting, by said computer, said second merchant proprietor rewards account with at least a portion of said third reward amount; and crediting, by said computer, said first merchant proprietor rewards account with at least a portion of said fourth reward amount.