Gaming Fund Debit Card External Purchase Integration
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Solution Overview
Problem
Existing payment solutions require users to transfer funds from a casino account to a bank account or electronic wallet to make purchases outside the casino, which is time-consuming and inefficient, and do not offer real-time access to discounts or coupons.
Innovation Solution
A system that allows a debit card linked to a gaming establishment fund management system to access funds directly from a gaming establishment account for purchases outside the casino, enabling real-time coupon deployment and reducing the need for external fund transfers, while providing discounts and incentives through coupons or loyalty points.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Ease of operation
If users transfer funds from casino account to bank account or electronic wallet to make external purchases, then purchases can be made outside the casino, but the process is time-consuming and inefficient
Solution Approach 1:
The system pre-loads funds into a gaming establishment account that can be accessed both within and outside the casino. Users load funds once, and the system automatically manages fund availability for external purchases through integrated payment processing, eliminating the need for repeated fund transfers to external accounts.
Solution Approach 2:
The patent combines the casino account system with external payment processing capabilities into a single integrated platform. The gaming establishment account functions as both a casino gaming fund account and an external payment account, merging previously separate functions into one unified system that handles both internal and external transactions.
2Adaptability or versatility
If users transfer funds to external accounts for external purchases, then purchases can be made outside the casino, but real-time access to discounts or coupons is not available
Solution Approach 1:
The gaming establishment account system is designed to perform multiple functions: it serves as a casino gaming account, an external payment account, and a platform for distributing discounts and coupons. This multi-functional account system allows users to access various benefits and make different types of transactions through a single account interface.
Solution Approach 2:
The system implements real-time communication between the payment processing component and the coupon/discount management system. When a transaction is initiated, the system automatically checks for applicable discounts or coupons and applies them in real-time, providing immediate feedback to the user about available benefits and their application status.
3Productivity
If a debit card is linked to a gaming establishment account, then real-time access to funds and coupons is enabled, but the system complexity increases
Solution Approach 1:
The patent introduces a payment processing component that acts as an intermediary between the gaming establishment account system and external merchants. This intermediary handles the complexity of external payment processing, coupon validation, and fund management, while presenting a simplified interface to users and merchants alike.
4Reliability
If funds are maintained in casino account for external purchases, then cashless environment is promoted for safer transactions, but users need real-time access to these funds
Solution Approach 1:
The system dynamically adjusts fund availability and transaction authorization based on real-time account balance, transaction type, and applicable discounts or coupons. The payment processing system continuously monitors account status and automatically authorizes or denies transactions, providing both security and real-time accessibility without requiring manual fund transfers.
Data Source
AI summary
Systems and methods that enable discounts for purchases made at an affiliated retailer using a debit card associated with a gaming establishment fund management system.