Inventors:
Benjamin Wesley Hulet - Washington UT, US
International Classification:
G06Q 30/02
Abstract:
The present invention provides a means for merchants to advertise and only pay on a per sale basis using a secure method of coupon validation. The system allows merchants to post an advertisement unassisted and/or without a salesperson and it protects consumers from bogus merchants and illegitimate coupons through a secure validation system. The system allows consumers to purchase coupons from a website that were made available by the merchants. The validation system enables the hosting company to allow merchants, not personally known to the hosting company, to post coupons because merchants do not receive the money for services and/or products until the hosting company receives a validation of a coupon and has allowed the consumer a certain time period for satisfaction of the services and/or products purchased with the coupon. The validation system uses unique coupon codes unknown to the merchant until the time of redemption. In the system of the present invention, the merchant does not receive payment until the coupon is redeemed (and an optional time period to file a dissatisfaction has passed). This protects the consumer from fraudulent merchants.