System, method and computer program product for currency redemption in loyalty reward programs
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
-
N/A
Issued Date -
Jul 20, 2006
app pub date -
Jan 6, 2006
filing date -
Jan 6, 2005
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
A loyalty and redemption system, method and computer program product includes a selectable connection to a loyalty program hosting server site on a distributed communication network from a merchant site on the network. A customer can access the loyalty program hosting server site through the merchant site. At the loyalty program hosting server site, a user interface page enables the customer to enroll and prioritize reward programs. The loyalty program hosting server site is adapted to calculate a conversion value for the enrolled reward programs and a total currency value. The customer is provided with a rewards card including the calculated currency value, and the loyalty program hosting server site is adapted to deduct currency value from the rewards card based on the prioritized reward programs.
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