Storefront purchases utilizing non-negotiable credits
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United States of America Patent
Stats
-
May 29, 2012
Grant Date -
N/A
app pub date -
Jan 26, 2012
filing date -
May 25, 2006
priority date (Note) -
Expired
status (Latency Note)
Importance
Abstract
A conversion of a quantity of non-negotiable credits to a quantity of negotiable funds can be initiated for a storefront purchase. The non-negotiable credits can be earned from previous interactions with an entity. The converting can be performed by a different legal entity than the entity. The storefront purchase can be completed, during which at least a portion of the non-negotiable credits are expended. The vender providing a good or service for the storefront purchase may not directly honor the non-negotiable credits in absence of the converting. Responsive to the conversion and the completing of the storefront purchase, the good or service can be provided to a purchaser and the quantity of negotiable funds for the storefront purchase can be provided to the vender.
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