Systems and Methods For Loyalty Programs

Abstract

Systems, devices and methods for a loyalty system are described. A method includes receiving, at least one processor associated with a transaction processing system, transaction data associated with a transaction between a customer and a merchant; upon or concurrently with clearing the transaction, determining, with the at least one processor, a membership classification for the transaction; and generating, at the at least one processor, signals for accruing an interchange fee based on the membership classification and the transaction data.

1 . A method comprising:
 generating an incentive, using a neural network of an artificial intelligence engine based on a percentage of a transaction amount of a transaction, for a customer to conduct the transaction with a merchant on a customer account of the customer;   sending data characterizing the incentive to a logical address corresponding to a web-enabled mobile computing device;   and   receiving transaction data associated, and in real time, with the transaction conducted by the customer with the merchant on the customer account of the customer;   determining, using a membership classification for the transaction, a membership interchange fee to be assessed to the merchant;   and   sending, in real time with the transaction, the data characterizing the incentive associated with the transaction to at least one of:
 an issuing bank system that issued the customer account of the customer; and 
 an acquiring bank system that issued a merchant account of the merchant. 
   
     
     
         2 . The method of  claim 1 , wherein determining the membership classification for the transaction comprises selecting a membership classification associated with a Bank Identification Number (BIN) range of the customer account of the customer used in the transaction. 
     
     
         3 . The method of  claim 1 , wherein determining the membership classification for the transaction comprises:
 identifying a profile grouping associated with the customer; and   determining the membership classification of the grouping.   
     
     
         4 . The method of  claim 1 , wherein determining the membership classification for the transaction is based on a spending profile grouping associated with the customer. 
     
     
         5 . The method of  claim 1 , wherein:
 the transaction data includes data for identifying at least one of a manufacturer and a model of a customer device involved in the transaction; and   determining the membership classification for the transaction is based on the manufacturer or the model of the customer device.   
     
     
         6 . The method of  claim 5 , wherein determining the membership classification for the transaction is based on a history of customer devices associated with the customer. 
     
     
         7 . The method of  claim 1 , wherein the steps further comprise determining the membership interchange fee based on whether the incentive associated with the transaction corresponds to a profile grouping associated with the customer. 
     
     
         8 . The method of  claim 1 , wherein the membership interchange fee to be assessed to the merchant is further determined using merchant profile data for the merchant stored by the Internet server, wherein the merchant profile data including one or more membership classifications to which the merchant has subscribed. 
     
     
         9 . The method of  claim 1 , wherein:
 the steps further comprise sending data representing a loyalty program accrual to a transaction initiating device that generated the transaction data associated with the transaction;   the membership interchange fee to be assessed to the merchant is further determined based on the sending of the data representing the loyalty program accrual; and   the loyalty program accrual is the incentive from the merchant to the customer for the transaction.   
     
     
         10 . An Internet server to perform a plurality of steps comprising:
 generating an incentive, using a neural network of an artificial intelligence engine based on a percentage of a transaction amount of a transaction, for a customer to conduct the transaction with a merchant on a customer account of the customer;   sending data characterizing the incentive to a logical address corresponding to a web-enabled mobile computing device;   and   receiving transaction data associated, and in real time, with the transaction conducted by the customer with the merchant on the customer account of the customer;   determining, using a membership classification for the transaction, a membership interchange fee to be assessed to the merchant;   and   sending, in real time with the transaction, the data characterizing the incentive associated with the transaction to at least one of:
 an issuing bank system that issued the customer account of the customer; and 
 an acquiring bank system that issued a merchant account of the merchant. 
   
     
     
         11 . The Internet server of  claim 10 , wherein determining the membership classification for the transaction comprises selecting a membership classification associated with a Bank Identification Number (BIN) range of the customer account of the customer used in the transaction. 
     
     
         12 . The Internet server of  claim 10 , wherein determining the membership classification for the transaction comprises:
 identifying a profile grouping associated with the customer; and   determining the membership classification of the grouping.   
     
     
         13 . The Internet server of  claim 10 , wherein determining the membership classification for the transaction is based on a spending profile grouping associated with the customer. 
     
     
         14 . The Internet server of  claim 10 , wherein:
 the transaction data includes data for identifying at least one of a manufacturer and a model of a customer device involved in the transaction and   determining the membership classification for the transaction is based on the manufacturer or the model of the customer device.   
     
     
         15 . The Internet server of  claim 14 , wherein determining the membership classification for the transaction is based on a history of customer devices associated with the customer. 
     
     
         16 . The Internet server of  claim 10 , wherein the steps further comprise determining the membership interchange fee based on whether the incentive associated with the transaction corresponds to a profile grouping associated with the customer. 
     
     
         17 . The Internet server of  claim 10 , wherein the membership interchange fee to be assessed to the merchant is further determined using merchant profile data for the merchant stored by the Internet server, wherein the merchant profile data including one or more membership classifications to which the merchant has subscribed. 
     
     
         18 . The Internet server of  claim 10 , wherein:
 the steps further comprise sending data representing a loyalty program accrual to a transaction initiating device that generated the transaction data associated with the transaction;   the membership interchange fee to be assessed to the merchant is further determined based on the sending of the data representing the loyalty program accrual; and   the loyalty program accrual is the incentive from the merchant to the customer for the transaction.   
     
     
         19 . A computer program product storing instructions and data to configure a computer system to perform a plurality of steps that include:
 generating an incentive, using a neural network of an artificial intelligence engine based on a percentage of a transaction amount of a transaction, for a customer to conduct the transaction with a merchant on a customer account of the customer;   sending data characterizing the incentive to a logical address corresponding to a web-enabled mobile computing device;   and   receiving transaction data associated, and in real time, with the transaction conducted by the customer with the merchant on the customer account of the customer;   determining, using a membership classification for the transaction, a membership interchange fee to be assessed to the merchant;   and   sending, in real time with the transaction, the data characterizing the incentive associated with the transaction to at least one of:
 an issuing bank system that issued the customer account of the customer; and 
 an acquiring bank system that issued a merchant account of the merchant. 
   
     
     
         20 . The computer program product as defined in  claim 19 , wherein the step of determining the membership classification for the transaction is performed by a step selected from the group consisting of:
 selecting a membership classification associated with a Bank Identification Number (BIN) range of the customer account of the customer used in the transaction;   the step of:
 identifying a profile grouping associated with the customer; and 
 determining the membership classification of the grouping; 
   using a spending profile grouping associated with the customer;   using a manufacturer or the model of a customer device, wherein the transaction data includes data for identifying at least one of a manufacturer and a model of the customer device involved in the transaction;   using a history of customer devices associated with the customer; and   using whether the incentive associated with the transaction corresponds to a profile grouping associated with the customer.