Automated Loyalty Rebate System via API Transaction Matching
Find Innovative SolutionsGenerate Solutions
Solution Overview
Problem
Traditional loyalty programs face issues such as leakage, where merchants do not fully report sales, and are costly due to manual configuration and administration of coupon redemption processes.
Innovation Solution
An automated marketing system using application programming interfaces (APIs) that enables the creation, management, and reporting of reward offers and marketing programs, allowing for intelligent, automated management of loyalty incentives without the need for paper coupons, by associating customer accounts with merchant offers and applying rebates based on transaction data.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If traditional coupon-based loyalty programs are used, then customers can receive discounts, but leakage occurs when merchants do not fully report sales and administrative costs increase
Solution Approach 1:
The patent extracts the coupon redemption process from the traditional loyalty program, eliminating paper coupons and manual redemption. Instead, the system automatically applies discounts by matching transactions with offer criteria through API integrations, removing the intermediary coupon element that causes leakage and administrative burden
Solution Approach 2:
The system implements self-service by automatically matching customer transactions with applicable offers without requiring manual coupon presentation or redemption. The automated platform continuously monitors transactions, evaluates offer criteria, and applies discounts autonomously, eliminating the need for administrative intervention in the redemption process
2Ease of operation
If manual configuration and administration of coupon redemption is used, then loyalty programs can be managed, but administrative costs increase
Solution Approach 1:
The patent replaces the mechanical manual system of coupon configuration and redemption with an automated digital platform. The system uses API integrations to automatically ingest offer data, evaluate transaction criteria, and apply discounts programmatically, substituting manual administrative tasks with automated computational processes
Solution Approach 2:
The patent introduces an automated platform as an intermediary between merchants and customers, which continuously monitors transactions and automatically applies discounts. This intermediary system eliminates the need for manual administrative intervention by serving as an automated mediator that matches transactions with offers and processes redemptions autonomously
3Productivity
If automated marketing system with APIs is implemented, then leakage is reduced and administrative costs decrease, but system complexity increases
Solution Approach 1:
The patent implements a universal automated platform that performs multiple functions: ingesting offer data from merchants, evaluating transaction criteria, matching offers with transactions, and applying discounts. This multi-functional system consolidates what would otherwise require separate manual processes into a single integrated platform, managing complexity through functional consolidation
Data Source
AI summary
The systems and methods of the disclosure allow user from various countries to take advantage of offers when they are traveling internationally. Once the purchase associated with the offer is made, the transaction information may be processed by the system, such that, the credit and debit associated with the purchase are transmitted to the transaction account and the merchant. The transaction information may be further processed to determine whether the particular transaction is eligible for a reward. Where the transaction is eligible for a reward, the credit and debit associated with reward are transmitted to the transaction account and the sponsoring entity. The reward may be provided in any suitable currency or in various currencies based on the parameters governing the reward offer.