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:
May. 12, 2015
Filed:
May. 20, 2010
Diane C. Salmon, Lafayette, CA (US);
James Alan Vonderheide, La Canada, CA (US);
Edward W. Fordyce, Iii, Sedalia, CO (US);
David Chauncey Shepard, Novato, CA (US);
Gregory Michael Adams, Newmarket, NZ;
Laura Digioacchino, San Mateo, CA (US);
Diane C. Salmon, Lafayette, CA (US);
James Alan VonDerheide, La Canada, CA (US);
Edward W. Fordyce, III, Sedalia, CO (US);
David Chauncey Shepard, Novato, CA (US);
Gregory Michael Adams, Newmarket, NZ;
Laura DiGioacchino, San Mateo, CA (US);
Visa U.S.A. Inc., San Francisco, CA (US);
Abstract
A computer receives information that a request is made to authorize a transaction for a sale of a product by a merchant to an account holder in a transaction conducted on a consumer account issued to the account holder. When the computer confirms that the transaction is authorized and that the transaction occurs within a predetermined time period for which there is a rebate associated with the product and a corresponding sponsor financially responsible for the rebate, the computer communicates that the rebate is to be debited to an account of the sponsor and either: (i) given as a discount by the merchant at the point of sale to the account holder; or (ii) credited to an account issued to the account holder by the issuer.