Mobivity is Awarded Patent for Technology that Allows Restaurants and Other Businesses to Accept and Track Coupon Redemptions at the Point of Sale

Personalized guest engagement solutions provider Mobivity Holdings Corp. (OTCQB: MFON) has been awarded U.S. Patent 10,949,868 by the United States Patent & Trademark Office for Mobivity’s Trusted Redemption™ technology, which allowing restaurants and other brick and mortar businesses to accurately accept and track omnichannel coupon redemptions at the point of sale (POS) without requiring POS system integration.

Available via its SmartMessage^TM and Unified Offers^™ solutions, Mobivity’s patented Trusted Redemption technology enables marketers to tie every text, email, push notification, broadcast and social media offer and message to an in-store transaction, which enables precise calculation of return on marketing spend. Built-in capabilities for capturing date, time, location and offer in real-time enables a seamless guest experience while providing accurate promotion attribution and preventing coupon fraud and abuse.

“Our deep expertise in working with brick-and-mortar brands helped inform the development of this technology which has now tracked more than 50 million redemptions,” added Becker. “Brands need to know more than clicks, and our POS-agnostic implementation allows us to stand up a new program in under 90-days.”

Mobivity’s patented Trusted Redemption technology features:

• Precise Promotion & Offer Attribution – Marketers are able to tie every message and offer to an in-store or online redemption across every channel and can analyze redemptions nationally, regionally, by market, by franchisee or store.
• POS-Independent Support – Restaurants and other brands can set up and receive redemption data for every store, regardless of POS provider and platform. The technology supports manual redemption tracking, scannable offer codes and other in-store and online redemptions.
• · Built-In Fraud Protection – A unique landing page link and countdown offer timer plus real-time redemption support for unified creation and management of trackable offer codes enables marketers to personalize offers based on past purchase behavior while ensuring one-time use to minimize unauthorized coupon sharing and redemptions.
• · Support for Advanced Attribution – With the option to add POS data, restaurants and other brands can match the day, time and location of offer redemptions to POS data helping calculate ROI and inform promotion strategies.

Mobivity SmartMessage and Unified Offers with Trusted Redemption technology is a part of Mobivity’s highly extensible, enterprise-grade Unified Guest Engagement Platform that can be shared corporate wide and at the local franchise level.