Blackhawk Network. has patented a method for selling pre-printed lottery tickets through retail point-of-sale systems without requiring specialized lottery hardware. This system allows customers to purchase tickets as part of their shopping basket, streamlining the transaction process at checkout. GlobalData’s report on Blackhawk Network gives a 360-degree view of the company including its patenting strategy. Buy the report here.
Smarter leaders trust GlobalData
According to GlobalData’s company profile on Blackhawk Network, Transaction splitting was a key innovation area identified from patents. Blackhawk Network's grant share as of June 2024 was 46%. Grant share is based on the ratio of number of grants to total number of patents.
Selling pre-printed lottery tickets through retail pos systems
The patent US11995959B2 outlines a method for providing a random draw lottery ticket through a third-party transaction processor. This method involves several key steps, starting with the receipt of a transaction request from a retailer's point of sale (POS) to activate a lottery ticket selected by a customer before the checkout process. The third-party processor communicates unique identification information related to the lottery ticket to a lottery administration system without requiring traditional lottery hardware. The system then sends back draw information associated with the ticket, ensuring a seamless integration between retailers and lottery systems.
Further claims detail the process of validating transaction requests, which includes verifying product information and ensuring that the lottery ticket is validly distributed by the retailer. The method also allows for the retrieval of unique product information, which can determine game types, wager amounts, and the number of wagers. Additionally, the lottery ticket can include a barcode containing essential information for redeeming prizes. The communication between the transaction processor and the lottery administration system is secured and may involve encrypted channels. This innovative approach aims to streamline the activation and management of lottery tickets across multiple retailers, enhancing the customer experience while maintaining compliance with regulatory standards.
To know more about GlobalData’s detailed insights on Blackhawk Network, buy the report here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
