Method and system for redeemable vouchers using an insurance...

Details Method and system for redeemable vouchers using an insurance... Method and system for redeemable vouchers using an insurance...

G - Physics

06

Q

G06Q 30/06 (2012.01)

Patent

CA 2512351

A method for redeeming a merchant-issued voucher having a potential future value and redeemable during a voucher redemption period is provided. A merchant provides voucher issuance information and merchant fees for a voucher redemption period. During an investment period, an investment amount is invested representing a percentage of the merchant fees, in order to generate an investment revenue amount. Following the investment period, a total redeemable amount is received for the voucher redemption period, representing the investment amount and a percentage of the investment revenue amount. During the voucher redemption period, for at least some of the issued vouchers, receiving a voucher claim for the potential future voucher value and processing the voucher claim using the voucher issuance information, to pay out, from the total redeemable amount, a payout amount up to the potential future voucher value.

Affiliated with

Also associated with

Rating

Method and system for redeemable vouchers using an insurance... does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Method and system for redeemable vouchers using an insurance..., we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Method and system for redeemable vouchers using an insurance... will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFCA-PAI-O-1635650