A system and method for using loyalty points

G - Physics – 06 – Q

Patent

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Details

G06Q 30/00 (2006.01) G06Q 20/00 (2006.01)

Patent

CA 2406001

The present invention involves spending loyalty points over a computerized network to facilitate a transaction. With this system, a loyalty program participant is able to use an existing transaction card to purchase an item over a computerized network, while at the same time offsetting the cost of that transaction by converting loyalty points to a currency value credit and having the credit applied to the participant's financial transaction account. Currency credit from converted loyalty points may also be applied to stored value cards, online digital wallet accounts and the like. Further, currency credit may also be applied to other accounts to effect a gift or donation.

La présente invention concerne l'utilisation de points fidélité sur un réseau informatisé pour faciliter une transaction. Avec ce système, un participant au programme fidélité peut utiliser une carte de transaction pour acheter un article sur un réseau informatisé, tout en compensant le coût de cette transaction par conversion des points fidélité en crédit de valeur monétaire et application du crédit sur le compte des transactions financières du participant. Le crédit monétaire obtenu des points fidélité convertis peut également être appliqué sur des cartes de valeur stockée, des comptes portefeuilles numériques en ligne, ou autre. De plus, le crédit monétaire peut également être appliqué sur d'autres comptes pour effectuer un cadeau ou un don.

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