KR20020056843A - Barohcash system - Google Patents

Abstract

PURPOSE: A real time cache back system is provided to make points accumulated by an off-line card be transferred to a transaction account of a user as cash in real time promptly when a transaction is generated. CONSTITUTION: In an on-line and an off-line transaction account, a client uses a member store. The member store reads a card of the client using a terminal. Approval request information is transmitted to a card company through a VAN company. Information approved in the card company is transmitted to the member store through the VAN company. The member store supplies a service and a point to the client. A service company shares transaction information with the VAN company. The service company instructs an account transfer to the client to a financial company. The financial company executes a cash transfer to an account of the client within an amount of point. The member store receives a sales slip to the card company. The card company pays a charge in a card to a bank. The bank distributes the charge to the service company and the member store and pays the charge.

Description

Real Time Cashback System {BAROHCASH SYSTEM}

1. Overview of Real-time Earning Point System

Real-time Earning Point System refers to a service company (hereinafter referred to as "the headquarters") and affiliated businesses, companies, and organizations (hereinafter referred to as "merchants") that customers earn points from merchants in real time. It is a new concept system that accumulates cash to a designated customer's account. When a customer uses a member store that has already signed a franchise agreement with the head office, he / she reads the card for transaction approval to the merchant terminal using the member card possessed by the member. After the transaction data arrives at the credit card company via VAN company, the transaction is approved by the card company, and the approval data is sent to the merchant terminal via VAN company, and the transaction is approved and the merchant provides the service to the member. Accumulate the designated points according to this process. At this time, the approval data via the VAN company will be delivered to the server of the head office. The information of the transaction is shared and the head office instructs the affiliated financial institution to transfer the cash to the member account within the transaction point based on the approval data, and the financial institution immediately executes the cash transfer to the member's account. Merchants receive transaction sales slips from card companies and make bills. If there is no abnormality in transactions, card companies process deposits into merchant accounts, and banks distribute card payments to the headquarters and merchants within all contracts. Ends.

2. System Transaction Order

(1) Customer use of merchants-Customers use services at online and offline merchants (businesses, companies, organizations, etc.) that have entered into a contract with a service company (head office).

(2) Present your card-Present your card as a payment for your use after using your merchant.

(3) Card reading-Read a card using the terminal of the merchant

(4) Sending specialized request for approval-Sending specialized transaction to card company through VAN company

(5) Approval Authorization Specialization-The transaction is approved by the card company, and the transaction is sent to the merchant via VAN.

(6) Merchant's Service Payment and Point Accumulation-Once approved by the card company, the service is provided and points are accumulated accordingly.

(7) The head office, which shares the headquarters cash payment instruction-transaction, instructs the bank to transfer cash to the designated customer's account at the same time as the card is approved.

(8) Cash transfers by financial institutions-Financial companies transfer cash to customers' accounts

(9) Receive Merchant's Sales Receipt-Approved Merchant's Sales Receipt

(10) Payment of credit card company

(11) Distribution distribution of banks-The bank distributes credit card payments to the head office and merchants.

3. Definition among the system's main members

(1) Service company- the party who develops and operates the system

(2) Financial companies-Parties that pay cash directly to customers designated by the head office in partnership with the head office to implement the real-time cashback system operated by the head office.

(3) Merchants-Parties who conduct customer marketing by operating the headquarters system

(4) All customers using customer-merchants

(5) Parties that distribute card payments received from bank-card companies to the head office and merchants.

In order to promote the sale of on-offline merchant products, the quality of customer service is enhanced through the business technique of granting a certain amount of service points to customers and converting them into cash at the time of sale.

It is similar to the system of OK Cashbag, Dong-A Earn Card, Double Earn Card, etc.

This is a new concept system in which points earned by using offline cards are transferred to the user's trading account in real time at the same time as the transaction. The server of the financial institution, which is affiliated with the provider's server, shares all the information of the serial procedure of card approval. In the event of a normal card approval, the service provider immediately recognizes the points that the merchant has accumulated to the customer by integrating the institutions that share the overall information of the transaction, and instructs the bank to transfer money to the financial company. Ended by raising payment immediately for

Represents the system process in flow chart with real-time cashback system flow chart

A system made up of members of service companies, affiliates (financial companies), franchisees, customers, etc.

Real-time cash accumulation system was introduced as part of customer service for the use of points, resulting in the continuous development of application service technology for point-related businesses, and the natural result of the increase in sales and economic revitalization of offline businesses, companies and groups.

Claims (1)

In the on / offline transaction process of this business system business model 1) Steps for Customers to Use Merchants 2) Merchant reading a customer's card using the terminal 3) The step of sending the request for approval to the card company via VAN company 4) The step of transmitting the information authorized by the card company to the affiliated store via VAN company 5) Merchant provides services and points to customers 6) Service company shares transaction information with VAN company 7) The service company instructs the bank to transfer the account to the customer 8) The financial institution executes a cash transfer to the customer's account within the point amount 9) Merchant receives sales slip from card company 10) the step of the card company deposits the card payment to the bank The bank distributes the card payment to the service company and the affiliated store in the amount specified.