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System and method for using loyalty points

  • US 20010054003A1
  • Filed: 04/13/2001
  • Published: 12/20/2001
  • Est. Priority Date: 04/14/2000
  • Status: Active Grant
First Claim
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1. A data processing method for converting loyalty points stored in a participant'"'"'s loyalty account, wherein said loyalty account is associated with said participant within at least one loyalty program database system, comprising the computer-implemented steps of:

  • communicating with said participant using a computerized user interface system that is configured for exchanging information over a computerized network;

    retrieving information from said loyalty program database, including an amount of said loyalty points accumulated by said participant;

    converting said amount of loyalty points to a currency value using a computerized conversion processor; and

    applying said currency value as a credit to a second account, wherein said second account is stored on a second database system.

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