OFFER REDEMPTION RATE BASED SELECTION AND DISPLAY OF OFFERS
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United States of America Patent
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Issued Date -
Nov 21, 2013
app pub date -
May 15, 2012
filing date -
May 15, 2012
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
This invention relates generally to a transactions network and to a method and system for managing electronic transactions, in particular merchant offers such as voucher entries having discounts associated with them. A voucher application module stores a record of each time that a respective voucher entry of a plurality of voucher entries stored in the data store is redeemed. A score calculator calculates a redemption rate at which the voucher entry is redeemed. A ranking module ranks the voucher entries based one the scores of the voucher entries of a plurality of the merchant accounts. A notification module preferentially transmits voucher entries that are displayed in accordance with their ranking.
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