SYSTEMS AND METHODS TO FACILITATE THE REDEMPTION OF LOYALTY CURRENCY
First Claim
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1. A computer-implemented method, comprising:
- receiving, in a computing apparatus, a user input identifying a loyalty currency source and a preference for redeeming loyalty currency from the loyalty currency source;
determining, by the computing apparatus, that the user is eligible for an offer that satisfies the preference;
transmitting, by the computing apparatus, a message to the user identifying the offer, in response to the determination that the user is eligible for the offer;
monitoring, by the computing apparatus, transactions in a consumer payment account of the user to identify a first transaction that satisfies benefit redemption requirements of the offer;
in response to the first transaction being processed for authorization, providing a benefit of the offer to the consumer account in exchange for an amount of reduction in a balance of the loyalty currency source; and
transmitting, by the computing apparatus, a message to the user about the reduction in the balance in exchange for the benefit of the offer applied to the first transaction in the consumer payment account of the user.
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Abstract
Systems and methods configured with a user interface to allow a user to request automated periodic offers that provide benefits to the consumer account of the user in exchange for a loyalty currency (e.g., loyalty points) the user has earned.
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Citations
20 Claims
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1. A computer-implemented method, comprising:
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receiving, in a computing apparatus, a user input identifying a loyalty currency source and a preference for redeeming loyalty currency from the loyalty currency source; determining, by the computing apparatus, that the user is eligible for an offer that satisfies the preference; transmitting, by the computing apparatus, a message to the user identifying the offer, in response to the determination that the user is eligible for the offer; monitoring, by the computing apparatus, transactions in a consumer payment account of the user to identify a first transaction that satisfies benefit redemption requirements of the offer; in response to the first transaction being processed for authorization, providing a benefit of the offer to the consumer account in exchange for an amount of reduction in a balance of the loyalty currency source; and transmitting, by the computing apparatus, a message to the user about the reduction in the balance in exchange for the benefit of the offer applied to the first transaction in the consumer payment account of the user. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15)
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16. A non-transitory computer-storage medium storing instructions configured to instruct a computing apparatus to at least:
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receive, in the computing apparatus, a user input identifying a loyalty currency source and a preference for redeeming loyalty currency from the loyalty currency source; determine, by the computing apparatus, that the user is eligible for an offer that satisfies the preference; monitor, by the computing apparatus, transactions in a consumer payment account of the user to identify a first transaction that satisfies benefit redemption requirements of the offer; and in response to the first transaction being processed for authorization, provide a benefit of the offer to the consumer account in exchange for an amount of reduction in a balance of the loyalty currency source.
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17. A computing apparatus, comprising:
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at least one microprocessor; and a memory storing instructions configured to instruct the at least one microprocessor to perform operations, the computing apparatus including; a portal configured to receive a user input identifying a loyalty currency source and a preference for redeeming loyalty currency from the loyalty currency source, the portal further configured to determine that the user is eligible for an offer that satisfies the preference; and a transaction handler configured to monitor transactions in a consumer payment account of the user to identify a first transaction that satisfies benefit redemption requirements of the offer and in response to the first transaction being processed for authorization, provide a benefit of the offer to the consumer account in exchange for an amount of reduction in a balance of the loyalty currency source. - View Dependent Claims (18, 19, 20)
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Specification