Coupon validation network with storage of customer coupon data for

Abstract

A coupon validation network is disclosed for automatically processing product coupons which are presented for redemption by customers. The coupon validation network includes: a central control systems storing at least two database master files, a first file for all redeemable encoded coupons issued by all manufacturers participating in the network and a second file for all coupons redeemed by each retailer participating in the network. A plurality of local control systems for operation by one of the retailers store and at least three database local files, a first file of all the redeemable encoded coupons, a second file for all coupons redeemed by the retailer and a third file for customer coupon accounts of all validated redeemable coupons presented in advance for credit by each customer. A first coupon processing terminal for use in conjunction with an electronic sales register and the like adjusts a total purchase price to reflect all valid redeemed coupons and updates the second local database file. A second coupon processing terminal adapted for independent use by customers identifies all valid coupons presented in advance for later redemption credit. Data is transferred between the at least one central control system and the plurality of local control system. Retailers automatically process coupons presented for redemption by customers, manufacturers may conveniently reimburse retainers for the value of the redeemed coupons and customers can arrange for permanent access to their coupons without carrying them, the coupons being discardable after redemption for purchase or credit.