Transaction processing system

Abstract

The transaction processing system and method provide an efficient and effective way to authorize promotion redemption. The transaction processing system may receive an indication of a request for authorization, the indication comprising a merchant identifier, an account number, and a transaction amount. The transaction processing system may determine whether the request for authorization corresponds to a promotion. The system may further transmit a transaction authorization based on whether the request for authorization corresponds to the promotion. The transaction processing system may cause a promotion database to designate the promotion as redeemed. In this fashion, the transaction processing system improves the consumer experience and minimizes the transaction time needed to identify and redeem a promotion.

1 - 52 . (canceled) 
     
     
         53 . A system, comprising one or more computers and one or more storage devices storing instructions that are operable, when executed by the one or more computers, to cause the one or more computers to:
 configure a promotion database with a plurality of predefined transaction values for respective promotion identifiers, wherein the promotion database comprises a correlation look-up table that correlates each of the respective promotion identifiers in the promotion database to a respective predefined transaction value;   receive an authorization request generated by a point of sale terminal, wherein the authorization request comprises a first transaction amount associated with a reward logic identifier, and wherein the first transaction amount facilitates querying of the promotion database and does not trigger a purchase of a good or service; and   in response to determining that the first transaction amount correlates to the predefined transaction value of the plurality of predefined transaction values stored in the promotion database,
 generate, based at least in part on the reward logic identifier associated with the first transaction amount, a correlation between a promotion identifier and the predefined transaction value in the correlation look-up table; and 
 initiate an action associated with the point of sale terminal to modify, based at least in part on a promotion associated with the promotion identifier, a second transaction amount associated with a transaction related to the purchase of the good or service. 
   
     
     
         54 . The system of  claim 53 , wherein the action is a first action, and wherein the one or more storage devices store instructions that are operable, when executed by the one or more computers, to further cause the one or more computers to:
 in response to completing the first action,
 initiate a second action associated with the point of sale terminal to process the transaction related to the purchase of the good or service at a modified transaction amount. 
   
     
     
         55 . The system of  claim 53 , wherein the action is a first action, and wherein the one or more storage devices store instructions that are operable, when executed by the one or more computers, to further cause the one or more computers to:
 in response to completing the first action,
 initiate a second action associated with the promotion database to update the promotion identifier. 
   
     
     
         56 . The system of  claim 53 , wherein the action is a first action, and wherein the one or more storage devices store instructions that are operable, when executed by the one or more computers, to further cause the one or more computers to:
 in response to completing the first action,
 initiate a second action associated with the promotion database to update a redemption field of the promotion database associated with a status of the promotion. 
   
     
     
         57 . The system of  claim 53 , wherein the action is a first action, and wherein the one or more storage devices store instructions that are operable, when executed by the one or more computers, to further cause the one or more computers to:
 in response to completing the first action,
 initiate a second action associated with the promotion database to remove the correlation between the promotion identifier and the predefined transaction value in the correlation look-up table. 
   
     
     
         58 . The system of  claim 53 , wherein the action is a first action, and wherein the one or more storage devices store instructions that are operable, when executed by the one or more computers, to further cause the one or more computers to:
 in response to the determining that the first transaction amount correlates to the predefined transaction value of the plurality of predefined transaction values stored in the promotion database,
 initiate a second action associated with a bank system to facilitate an electronic funds transfer from a bank account related to an account number included in the authorization request. 
   
     
     
         59 . The system of  claim 53 , wherein the action is a first action, and wherein the one or more storage devices store instructions that are operable, when executed by the one or more computers, to further cause the one or more computers to:
 in response to the determining that the first transaction amount correlates to the predefined transaction value of the plurality of predefined transaction values stored in the promotion database,
 initiate a second action associated with a bank system to facilitate a credit transaction using a payment card related to an account number included in the authorization request. 
   
     
     
         60 . The system of  claim 53 , wherein the one or more storage devices store instructions that are operable, when executed by the one or more computers, to further cause the one or more computers to:
 in response to the determining that the first transaction amount correlates to the predefined transaction value of the plurality of predefined transaction values stored in the promotion database,
 identify a consumer profile based at least in part on an account number included in the authorization request; and 
 initiate the action associated with the point of sale terminal based at least in part on data included in the consumer profile. 
   
     
     
         61 . A computer-implemented method, comprising:
 configuring, by a device comprising a processor, a promotion database with a plurality of predefined transaction values for respective promotion identifiers, wherein the promotion database comprises a correlation look-up table that correlates each of the respective promotion identifiers in the promotion database to a respective predefined transaction value;   receiving, by the device, an authorization request generated by a point of sale terminal, wherein the authorization request comprises a first transaction amount associated with a reward logic identifier, and wherein the first transaction amount facilitates querying of the promotion database and does not trigger a purchase of a good or service; and   in response to determining that the first transaction amount correlates to the predefined transaction value of the plurality of predefined transaction values stored in the promotion database,
 generating, by the device and based at least in part on the reward logic identifier associated with the first transaction amount, a correlation between a promotion identifier and the predefined transaction value in the correlation look-up table; and 
 initiating, by the device, an action associated with the point of sale terminal to modify, based at least in part on a promotion associated with the promotion identifier, a second transaction amount associated with a transaction related to the purchase of the good or service. 
   
     
     
         62 . The computer-implemented method of  claim 61 , wherein the action is a first action, and the computer-implemented method further comprising:
 in response to completing the first action,
 initiating, by the device, a second action associated with the point of sale terminal to process the transaction related to the purchase of the good or service at a modified transaction amount. 
   
     
     
         63 . The computer-implemented method of  claim 61 , wherein the action is a first action, and the computer-implemented method further comprising:
 in response to completing the first action,
 initiating, by the device, a second action associated with the promotion database to update the promotion identifier. 
   
     
     
         64 . The computer-implemented method of  claim 61 , wherein the action is a first action, and the computer-implemented method further comprising:
 in response to completing the first action,
 initiating, by the device, a second action associated with the promotion database to update a redemption field of the promotion database associated with a status of the promotion. 
   
     
     
         65 . The computer-implemented method of  claim 61 , wherein the action is a first action, and the computer-implemented method further comprising:
 in response to completing the first action,
 initiating, by the device, a second action associated with the promotion database to remove the correlation between the promotion identifier and the predefined transaction value in the correlation look-up table. 
   
     
     
         66 . The computer-implemented method of  claim 61 , wherein the action is a first action, and the computer-implemented method further comprising:
 in response to the determining that the first transaction amount correlates to the predefined transaction value of the plurality of predefined transaction values stored in the promotion database,
 initiating, by the device, a second action associated with a bank system to facilitate an electronic funds transfer from a bank account related to an account number included in the authorization request. 
   
     
     
         67 . The computer-implemented method of  claim 61 , wherein the action is a first action, and the computer-implemented method further comprising:
 in response to the determining that the first transaction amount correlates to the predefined transaction value of the plurality of predefined transaction values stored in the promotion database,
 initiating, by the device, a second action associated with a bank system to facilitate a credit transaction using a payment card related to an account number included in the authorization request. 
   
     
     
         68 . The computer-implemented method of  claim 61 , further comprising:
 in response to the determining that the first transaction amount correlates to the predefined transaction value of the plurality of predefined transaction values stored in the promotion database,
 identifying, by the device, a consumer profile based at least in part on an account number included in the authorization request; and 
 initiating, by the device, the action associated with the point of sale terminal based at least in part on data included in the consumer profile. 
   
     
     
         69 . A computer program product, stored on a computer readable medium,
 comprising instructions that when executed by one or more computers cause the one or more computers to:   configure a promotion database with a plurality of predefined transaction values for respective promotion identifiers, wherein the promotion database comprises a correlation look-up table that correlates each of the respective promotion identifiers in the promotion database to a respective predefined transaction value;   receive an authorization request generated by a point of sale terminal, wherein the authorization request comprises a first transaction amount associated with a reward logic identifier, and wherein the first transaction amount facilitates querying of the promotion database and does not trigger a purchase of a good or service; and   in response to determining that the first transaction amount correlates to the predefined transaction value of the plurality of predefined transaction values stored in the promotion database,
 generate, based at least in part on the reward logic identifier associated with the first transaction amount, a correlation between a promotion identifier and the predefined transaction value in the correlation look-up table; and 
 initiate an action associated with the point of sale terminal to modify, based at least in part on a promotion associated with the promotion identifier, a second transaction amount associated with a transaction related to the purchase of the good or service. 
   
     
     
         70 . The computer program product of  claim 69 , wherein the action is a first action, and wherein the computer program product further comprises instructions that when executed by the one or more computers cause the one or more computers to:
 in response to completing the first action,
 initiate a second action associated with the point of sale terminal to process the transaction related to the purchase of the good or service at a modified transaction amount. 
   
     
     
         71 . The computer program product of  claim 69 , wherein the action is a first action, and wherein the computer program product further comprises instructions that when executed by the one or more computers cause the one or more computers to:
 in response to completing the first action,
 initiate a second action associated with the promotion database to update the promotion identifier. 
   
     
     
         72 . The computer program product of  claim 69 , wherein the computer program product further comprises instructions that when executed by the one or more computers cause the one or more computers to:
 in response to the determining that the first transaction amount correlates to the predefined transaction value of the plurality of predefined transaction values stored in the promotion database,
 initiate a second action associated with a bank system to facilitate an electronic funds transfer from a bank account related to an account number included in the authorization request.