System and method for redemption of a coupon using a mobile cellular telephone

Number of patents in Portfolio can not be more than 2000

United States of America Patent

APP PUB NO 20070156517A1
SERIAL NO

11322159

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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A system and a method for redeeming a coupon issued by a merchant are provided. The method includes the steps of receiving a text message transmitted by a user, determining a telephone number from which the text message was transmitted, debiting an amount corresponding to the value of the coupon from a merchant account, and depositing the amount into a user account. The coupon redemption message includes merchant identification and a value of the coupon. The user is sent a notification message, typically via the user's mobile cellular telephone, to inform the user that the amount corresponding to the coupon value has been deposited into the user account. Each of the accounts may be associated with an internet-based payment system. The value of the coupon may be expressible as either currency, mileage credit, points associated with a merchant loyalty program, or prepaid minutes of mobile cellular telephone usage.

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Patent Owner(s)

Patent OwnerAddress
SHOPTEXT INC536 BROADWAY 11TH FLOOR NEW YORK NY 10012

International Classification(s)

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Kaplan, Mark New York, NY 24 1435
Rand, Colin Brooklyn, NY 3 407

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