SYSTEM FOR ELECTRONIC BARTER, TRADING AND REDEEMING POINTS ACCUMULATED IN FREQUENT USE REWARD PROGRAMS
First Claim
1. A method of operating a reward points accumulation and redemption program comprising the steps of:
- a. a user earning reward points from a plurality of reward points issuing entities, each of said reward points issuing entities tracking the user'"'"'s earned reward points in a user reward point account stored on rewards server, and b. a trading server accumulating the user'"'"'s earned reward points from each of said reward servers interconnected over a network in association with consideration provided by said reward servers to the trading server and crediting said accumulated points into a reward exchange account associated with the user.
1 Assignment
0 Petitions
Accused Products
Abstract
A system and method for operating a reward points accumulation and redemption program wherein a user earns reward points from a plurality of reward points issuing entities, each of the reward points issuing entities tracking the user'"'"'s earned reward points in a user reward point account stored on a rewards server. A trading server accumulates the user'"'"'s earned reward points from each of the reward servers interconnected over a network in association with consideration provided by the reward servers to the trading server and credits the accumulated points into a reward exchange account associated with the user. The user may then select an item for purchase from a merchant computer interconnected to the network. The merchant computer provides the item to the user in exchange for consideration received from said trading server, and the trading server reduces the number of points in the user'"'"'s reward exchange account in accordance with the consideration provided to the merchant computer.
-
Citations
2 Claims
-
1. A method of operating a reward points accumulation and redemption program comprising the steps of:
-
a. a user earning reward points from a plurality of reward points issuing entities, each of said reward points issuing entities tracking the user'"'"'s earned reward points in a user reward point account stored on rewards server, and b. a trading server accumulating the user'"'"'s earned reward points from each of said reward servers interconnected over a network in association with consideration provided by said reward servers to the trading server and crediting said accumulated points into a reward exchange account associated with the user.
-
-
2-29. -29. (canceled)
Specification