System for electronic barter, trading and redeeming points accumulated in frequent use reward programs

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United States of America Patent

PATENT NO 7624041
SERIAL NO

11562016

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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A system and method for operating a reward points accumulation and redemption program wherein a user earns rewards from a plurality of independent reward issuing entities, with each tracking the user's earned rewards. A trading server accumulates some or all of the user's earned rewards from the reward servers and credits the accumulated rewards into a single reward exchange account associated with the user. The user may then select an item for purchase with the accumulated rewards. The item is provided to the user in exchange for a subset or all of the rewards. Reward points may also be redeemed in exchange for services, such as the playing of a video game or Internet access.

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Patent Owner(s)

  • SIGNATURE SYSTEMS LLC

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Postrel, Richard Miami Beach , US 222 6967

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