The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Feb. 25, 2020
Filed:
May. 30, 2014
Wal-mart Stores, Inc., Bentonville, AR (US);
Joseph Y. Wang, San Bruno, CA (US);
Venkata Syam Prakash Rapaka, Mountain View, CA (US);
Vivek Parekh, Fremont, CA (US);
Paul Kay Hatch, Bentonville, AR (US);
Ronald G. Benson, San Francisco, CA (US);
Nella Shapiro, Mountain View, CA (US);
WALMART APOLLO, LLC, Bentonville, AR (US);
Abstract
Systems and methods are disclosed for evaluating a transaction concluded at a POS (point of sale) device. Prices for competitive retail stores within a geographic region of the POS may be evaluated after concluding a transaction. Price differences between items and corresponding prices in the third party data are identified. Where the purchase price exceeds the corresponding third-party price, a credit is assigned to the customer, such as in the form of a gift card or code that may be redeemed in a subsequent transaction. Credits may also be assigned to a debit card associated with a user, either with or without applying some multiplier. A credit may be applied to an online transaction of the user. Based on the use of the credit, the user's in-store purchases and online purchases may be related to the same individual and used to better characterize interests of the user.