A financial method and a financial system executed by a computer-readable medium

Abstract

The present invention relates to a financial method and a financial system executed by a computer-readable medium. To facilitate consumer spending and savings, the present invention provides a financial method and financial system for execution by the computer-readable medium. The method includes setting a first contract period and a second contract period, wherein the second contract period continues after the first contract period. During the first contract period, receiving from a consumer terminal a consumption information of a consumption target purchased by a consumer at a store using the consumption voucher, wherein the consumption information including the information of the consumption voucher and the original price of the consumption target; determining, according to the consumption voucher information, to carry out the following steps: judging from the consumption information whether the consumption target has a first discount price that the store offers to an average consumer; 1. If the consumption target does not have the first discount price, issuing an instruction causing the financial institution to pay the store for the store to provide the second discount price for the financial institution; 2. if the consumption target has the first discount price, comparing the first discount price with the second discount price and issuing an instruction to the financial institution to pay the store for the first discount price and the second discount price, wherein the lowest price is received; issuing an instruction to charge the consumer for the original price; and Issue an instruction during the second contract to cause the financial institution to pay the consumer the original price.

Description

technical field [0001] The present invention generally relates to financial methods. More specifically, examples of the present invention relate to improved consumer reward mechanisms. Background technique [0002] The feedback mechanisms of conventional credit cards, including point rewards or cash rewards, can only reward a small portion of the consumption amount, even though the currently known highest cash reward is 5% of the total consumption amount. Consumers not only need to consider the ability to pay when they consume, but may also need to consider the economic issues of life that they need to save for old age after consumption. Therefore, the reward mechanism of cash credit cards cannot effectively stimulate consumption, and because the reward amount is too low, consumers' loyalty to credit cards is not good. [0003] Especially when the economy is in recession, a new type of financial product is needed to effectively stimulate buying and further activate the mar...

AI Technical Summary

Problems solved by technology

Therefore, the reward mechanism of cash credit cards cannot effectively stimulate consumption, and because the reward amount is too low, consumers' loyalty to credit cards is not good.

Images