EFFICIENT, CENTRALIZED COMPUTER BASED TRANSACTION SYSTEM

• Main Authors: ANKUSH SINGHAI, MICHAEL SUN, SHIH-KANG CHANG, GHANSHYAM ROKDE, SWETHA DEVIREDDY
• Format: Patent
• Language: Chinese; English
• Published: 17.07.2018
• Subjects: CALCULATING; COMPUTING; COUNTING; DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES; PHYSICS; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR

An electronic payment platform is modified to support merchant loyalty programs by implementing a database and user interfaces for both merchant and consumer participation. As transactions are processed, the electronic payment platform evaluates each transaction to determine if the consumer, and more particularly the payment instrument used in the transaction, is registered. If so, and the merchant is currently offering an award based on satisfying certain criteria, the current transaction data is added to previous qualifying transactions to determine if an award should be granted. If so, theelectronic payment platform manages distribution of funds to a designated payment instrument of the consumer. 种电子支付平台被修改来通过实现供商家和消费者两者参与的数据库和用户界面来支持商家忠实度计划。当交易被处理时，所述电子支付平台评估每个交易以确定所述消费者并且更具体地讲所述交易中使用的支付工具是否被注册。如果是，并且所述商家目前正在基于满足特定标准来提供奖励，那么将当前的交易数据添加到先前的符合条件的交易以确定是否应授予奖励。如果是，那么所述电子支付平台管理资金以分配给所述消费者的指定支付工具。