Abstract: Methods and systems that allow users to receive automatic discount redemptions without the use of paper coupons or loyalty cards and real time notification of such redemptions. An offer redemption module submits merchant's point of sale registration information and user's financial card account registration information to the card network partner. The card network partner notifies the offer redemption module when a request to authorize a mutual merchant/user transaction is received. The offer redemption module matches the purchase transaction with saved auto-redeemable offers and notifies the acquirer requesting redemption and sends real time notification of redemption to user when there is a match.

Abstract: A method for maintaining a prepaid payment system comprises a user account that can be utilized to complete a purchase transaction with a merchant. A delayed processing window is introduced between a time when the merchant receives a payment approval notification from the payment system and a time when the payment system transmits a payment request to an issuer of a funding account associated with the user's payment system account. The payment system utilizes a user's stored value account maintained by the payment system to satisfy the requirements of a prepaid program, and therefore processes the payment request received from the merchant and transmits the payment approval notification without obtaining prior authorization from the issuer of the funding account. The payment system submits one or more payment requests for the funding transaction at a time after the completion of the purchase transaction between the user and the merchant.