Internet related discount coupon rebate business method

H - Electricity – 04 – L

Patent

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Details

H04L 12/16 (2006.01) G06Q 30/00 (2006.01) G07G 1/00 (2006.01) G06K 17/00 (2006.01)

Patent

CA 2398520

A method of avoiding the use of discount coupons comprises the steps of advertising a plurality of products available for purchase from a plurality of vendors at a discount according to related discount coupons, and purchasing a plurality of the advertised products by a plurality of consumers, from the vendors without using the related discount coupons, and transmitting discount coupon data of the discount coupons related to the purchased products, and proof of purchase data, over the Internet to a discount payment clearing house, and transmitting purchase confirmation data, by the vendors, to the discount payment clearing house; and transmitting requests for payment of the discounts, by the consumers, to the discount payment clearing house. The clearing house then correlates the coupon data, proof of purchase data and purchase confirmation data and pays out cash discounts to the consumers in accordance with the correlated data.

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