System and method for exchanging reward currency

Details System and method for exchanging reward currency System and method for exchanging reward currency

G - Physics

06

Q

G06Q 30/00 (2006.01)

Patent

CA 2707191

Methods and systems are disclosed for allowing two users to exchange reward currency, such as points, between two different loyalty programs at an exchange rate that is set by and agreed upon by the users themselves. An offer to exchange X points of one loyalty program for Y points of another loyalty program is received from a user and is made available to other users. Another user satisfied with the offered exchange accepts the offer, and the account balances of the two users are adjusted. In some embodiments, a fee is charged to one or both of the users for effecting the trade. The fee is then forwarded to the loyalty programs. In other embodiments, the loyalty programs specify rules that must be complied with before a trade can occur.

L'invention concerne des procédés et des systèmes destinés à permettre à deux utilisateurs d'échanger des valeurs de gratification, comme des points, entre deux programmes de fidélité différents à un taux d'échange fixé et convenu entre les utilisateurs eux-mêmes. Une offre d'échange de X points d'un programme de fidélité contre Y points d'un autre programme de fidélité est reçue de la part d'un utilisateur et mise à la disposition d'autres utilisateurs. Un autre utilisateur satisfait de l'échange proposé accepte l'offre, et les soldes des comptes des deux utilisateurs sont ajustés. Dans certains modes de réalisation, des frais sont facturés à l'un ou à chacun des utilisateurs pour effectuer la transaction. Les frais sont alors transférés aux programmes de fidélité. Dans d'autres modes de réalisation, les programmes de fidélité spécifient des règles à observer pour qu'une transaction ait lieu.

Affiliated with

Also associated with

Rating

System and method for exchanging reward currency does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with System and method for exchanging reward currency, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and System and method for exchanging reward currency will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFCA-PAI-O-2077854