Apparatus and method of distributing and tracking the distribution of incentive points
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United States of America Patent
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N/A
Issued Date -
Nov 20, 2003
app pub date -
Apr 1, 2003
filing date -
Apr 2, 2002
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
A system and method are disclosed in the illustrative context of a loyalty program (LP) for managing the distribution of currency units (points or miles) from at least one currency issuer (LP manager) to at least a selected one of a plurality of currency recipients (LP members) associated with the currency issuer. The currency issuer maintains an account for keeping the balance of currency units held by each of its currency recipients. The currency user also must approve each primary user to which it issues currency units. The system and method facilitate at least one primary user to acquire currency units from the one currency issuer and to distribute same to selected of the plurality of currency recipients.
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