Patent ID: 8583504
Filing Date: 2013-11-12
Classification: G06Q,H04M,H04W

Abstract:
1. A method, comprising: receiving, in a computing device of an interchange, a coupon redeemable from a merchant for a discount; storing, in the computing device, the coupon in the data storage facility; receiving, in the computing device, an indication of payment from the merchant based on the discount as part of a purchase by the merchant; storing a consumer account in the data storage facility, the consumer account having a phone number associated therewith; associating the coupon with the consumer account; storing a payment instrument in association with the consumer account; transmitting, with the computing device, at least a reference to the coupon from the computing device to a mobile phone having the phone number after the coupon is associated with the consumer account; receiving, with the computing device, at least an indication of a purchase by a customer for a purchase amount after transmitting the reference to the coupon from the computing device to the mobile phone the indication being received from a remote server of a merchant; communicating, using the computing device, with the mobile phone to confirm the purchase by the customer; in response to a confirmation of the purchase by the customer, applying, by the computing device, the discount as a portion of the purchase amount by the customer to determine a reduced amount and redeem the coupon; charging, by the computing device, the payment instrument of the consumer account based on the reduced amount; and marking, by the computing device, the coupon as invalid for use by the consumer account after it has been applied.