Patents

The system includes a real time network through which a Point-of-Sale (POS) device communicates with an Intelligent Clearing Network (ICN) server.
The ICN server is configured to run a real time application while in communication with the POS device.
POS device transmits coupon data elements read at the POS device and other consumer transaction information including universal product codes purchased.
Transaction details transmitted to the ICN cloud server via the network.
The ICN server validates the coupon data elements and provides the POS device information in order to redeem coupons.
Electronic invoices are generated and used for financial settlement.

ICN’s cloud solution validates manufacturers’ purchase requirements from a hosted service and a comprehensive clearing solution to both retailers and manufacturers
Removes the need to define digital offers on the retailer’s point of sale solution
Eliminates the need to manage and download offer definitions to the point of sale from different vendors

The cloud solution builds on the foundation of ICN’s second generation solution
Gives ICN the unique ability to activate, validate and clear digital coupons in the cloud
Resolves the issues of coupon arbitration and paper and digital coupon deal stacking

The technology handles both digital and paper processing through the same point-of-sale connection
Manages the critical issue of deal stacking between these two forms of coupons
Works by capturing item-level transaction data in real time
ICN’s server performs validation in milliseconds