Auctioning of announcements
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United States of America Patent
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Dec 5, 2017
Grant Date -
Oct 27, 2011
app pub date -
Jul 5, 2011
filing date -
Apr 22, 2009
priority date (Note) -
In Force
status (Latency Note)
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Abstract
An announcement distributor distributes, or auctions an opportunity to distribute, an announcement to an announcement recipient such as a consumer, issuer, merchant, or acquirer within a payment processing system. The announcement when there has been a satisfaction of an announcement condition, such as the consumer being determined to be located within a predetermined spatial zone. The content of the announcement may, in turn, facilitate a subsequent cashless transaction for resources of merchants. Implementations describe various permutations of the content of the announcement, the announcement condition, and the announcement recipient.
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