System for generating and tracking offers chain of titles

Abstract

An offer processing system is configured to receive transaction data associated with user purchases from third party point of sales devices and/or third party payment processing systems. The offer processing system may then identify offers or savings that are applicable to the transaction data and redeem the offers on behalf of the users.

What is claimed is: 
     
         1 . A system for processing orders external to a point of sale system and a payment processing system, the system comprising:
 one or more communication interfaces;   one or more processors; and   computer-readable storage media storing computer-executable instructions, which when executed by the one or more processors cause the one or more processors to:   identify and catalog offers from external sources; and   prior to an approval of a purchase transaction by the payment processing system;
 receive from the payment processing system, via a vault system, payment processing transaction data in tokenized form, for the purchase transaction associated with stored payment credentials; 
 determine that the received tokenized payment processing transaction data associated with stored payment credentials meets or exceeds a criteria for an offer of the catalogued offers; 
 determine that the offer was not previously redeemed at the point of sale system; 
 redeem, via the one or more communication interfaces, the offer with a coupon settlement system; 
 convert a currency value in a currency associated with the offer into an amount of an internal currency of the coupon settlement system based on a current exchange rate between the internal currency and the currency associated with the offer; 
 credit the amount of the internal currency to a ledger of an account associated with the stored payment credentials; 
 convert a portion of the internal currency into a points value in a points system; 
 generate updated payment transaction data reflecting the currency value in the currency associated with the offer; and 
 send, via the one or more communication interfaces and the vault system, the updated payment transaction data to the third-party payment processing system. 
   
     
     
         2 . The system as recited in  claim 1 , wherein the order processing system processes the tokenized payment processing transaction data after a payment credential has been entered at a point of sale device. 
     
     
         3 . The system as recited in  claim 1 , wherein the computer-readable storage media stores additional computer-executable instructions, which when executed by the one or more processors cause the one or more processors to:
 receive a request from a user device associated with the account to transfer a portion of the internal currency credited to the ledger to a third party system;   determine a second currency associated with the third party system; and   convert the portion of the internal currency credited to the ledger into a second amount of the second currency based on a current exchange rate between the internal currency and the second currency.   
     
     
         4 . The system as recited in  claim 3 , wherein the internal currency and the second currency are a same currency. 
     
     
         5 . The system as recited in  claim 3 , wherein the third party system is at least one of:
 a merchant system;   a financial system;   a charity system; or   a marketplace system.   
     
     
         6 . The system as recited in  claim 1 , wherein the computer-readable storage media stores additional computer-executable instructions, which when executed by the one or more processors cause the one or more processors to:
 receive a request form a user device associated with the account to access the ledger;   determine a second currency associated with a location of the user device;   convert a second value of the ledger into the second currency based on a current exchange rate between the internal currency and the second currency; and   send data representative of the second value in the second currency to the user device.   
     
     
         7 . The system as recited in  claim 6 , wherein the computer-readable storage media stores additional computer-executable instructions, which when executed by the one or more processors cause the one or more processors to:
 receive a second request form a second user device associated with the account to access the ledger;   determine a third currency associated with a location of the second user device;   convert a third value of the ledger into the third currency based on a current exchange rate between the internal currency and the third currency; and   send data representative of the third value in the third currency to the second user device.   
     
     
         8 . The system as recited in  claim 1 , wherein the computer-readable storage media stores additional computer-executable instructions, which when executed by the one or more processors cause the one or more processors to:
 receive a request form a user device associated with the account to access the ledger; and   send data representative of the currency value in the internal currency to the user device.   
     
     
         9 . A method for processing offers external to a point of sale system and a payment processing system, the method comprising the steps of:
 identifying and collecting offers from external sources;   receiving transaction data, via a vault system and in tokenized form, from the payment processing system for a purchase transaction associated with stored payment credentials;   determining that the received transaction data associated with the stored payment credentials meets or exceeds a criteria of an offer of the collected offers;   determine that the offer was not previously redeemed at the third-party point of sale system;   redeeming a currency value of the offer in a first currency associated with the offer;   converting, by an offer system with a processor, the currency value of the offer into an amount of an internal currency of an offer settlement system based on a current exchange rate between the internal currency and the first currency;   crediting the amount of the internal currency to a ledger of an account associated with the payment credentials in the internal currency;   converting a portion of the internal currency into a points value in a points system;   generating updated payment transaction data reflecting the currency value of the offer; and   sending the updated payment transaction data to the third-party payment processing system via the one or more communication interfaces and the vault system.   
     
     
         10 . The method as recited in  claim 9 , further comprising:
 determine a second currency associated with a location of the user device;   convert a second value of the ledger into the second currency based on a current exchange rate between the jurisdiction free currency and the second currency; and   send data representative of the second value in the second currency to the user device.   
     
     
         11 . The method as recited in  claim 9 , further comprising:
 receiving a request from a user device associated with the account to transfer a portion of the internal currency credited to the ledger to a third party system;   determining a second currency associated with the third party system; and   converting the portion of the internal currency credited to the ledger into a second amount of the second currency based on a current exchange rate between the jurisdiction free currency and the second currency.   
     
     
         12 . The method as recited in  claim 11 , wherein the second currency is determined based at least in part on a physical location associated the third party system, a government entity associated with the third party system, or a selection by the third party system.