Patent ID: 8682791
Filing Date: 2014-03-25
Classification: G06Q

Abstract:
1. A method for enabling a customer to pay for goods or services at a merchant's physical point of sale using a combination of monetary funds and/or reward funds associated with a customer's payment device, the method comprising: receiving a request from a terminal device located at the merchant's physical point of sale to authorize a transaction to be funded with a combination of zero or more monetary funds and one or more reward funds, the monetary funds and reward funds each being associated with a single customer, the monetary funds being further associated with a credit or debit account, and the reward funds being further associated with a reward funds account, the request comprising an indicator that the terminal device is capable of processing a message comprising a monetary funds field and a reward funds field for transacting the reward funds at the merchant's physical point of sale, wherein the request is generated by the terminal device in response to interfacing with the customer's payment device; determining, in response to the request, a maximum amount of reward funds that can be used for the transaction; decrementing, in response to the request, a total available monetary funds associated with the credit or debit account by a transaction value amount; sending to the terminal device a single response approving for the transaction monetary funds in the amount decremented from the total available monetary funds and a reward funds charge in the maximum amount of reward funds that can be used for the transaction; and subsequent to the sending step, receiving a notification from the terminal device located at the merchant's physical point of sale, the notification reflecting an allocation by the customer via the terminal device of an amount to be charged from the debit or credit account and an amount to be deducted from the reward funds account, the allocation based on the monetary and reward funds in the response.