SYSTEMS AND METHODS TO PROCESS LOYALTY BENEFITS
First Claim
1. A method, comprising:
- providing, by a computing apparatus, a user interface to receive user input, the user input associatingloyalty benefits earned by a user from a first loyalty program provider anda benefit associated with account information of a consumer payment account that is under control of an issuer processor;
storing, by the computing apparatus, data associating the loyalty benefits provided by the first loyalty program provider and the benefit associated with the account information;
receiving, by the computing apparatus, an authorization communication for a payment transaction made in the consumer payment account using the account information, wherein the payment transaction pays an acquirer processor controlling a merchant account, via a transaction handler of a payment processing network, by the issuer processor controlling the consumer payment account; and
applying, by the computing apparatus in response to the authorization communication, the benefit to the payment transaction based at least in part on funds backing the loyalty benefits provided by the first loyalty provider.
1 Assignment
0 Petitions
Accused Products
Abstract
A system and method to provide a universal loyalty currency, facilitate exchange of loyalty benefits, and allow payments using loyalty benefits. A method includes: receiving registration information to associate account information of a payment account with at least one loyalty account to enable conversion of first loyalty benefits to second loyalty benefits; receiving, for a transaction, an authorization request identifying the account information and requesting the use of the second loyalty benefits to fund at least a portion of the transaction; and processing the transaction using the second benefits converted from the first loyalty benefits hosted in the loyalty account and funds from the payment account.
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Citations
20 Claims
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1. A method, comprising:
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providing, by a computing apparatus, a user interface to receive user input, the user input associating loyalty benefits earned by a user from a first loyalty program provider and a benefit associated with account information of a consumer payment account that is under control of an issuer processor; storing, by the computing apparatus, data associating the loyalty benefits provided by the first loyalty program provider and the benefit associated with the account information; receiving, by the computing apparatus, an authorization communication for a payment transaction made in the consumer payment account using the account information, wherein the payment transaction pays an acquirer processor controlling a merchant account, via a transaction handler of a payment processing network, by the issuer processor controlling the consumer payment account; and applying, by the computing apparatus in response to the authorization communication, the benefit to the payment transaction based at least in part on funds backing the loyalty benefits provided by the first loyalty provider. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17)
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18. A non-transitory computer storage medium storing instructions configured to instruct a computing apparatus at least to:
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provide, by the computing apparatus, a user interface to receive user input, the user input associating loyalty benefits earned by a user from a first loyalty program provider and a benefit associated with account information of a consumer payment account that is under control of an issuer processor; store, by the computing apparatus, data associating the loyalty benefits provided by the first loyalty program provider and the benefit associated with the account information; receive, by the computing apparatus, an authorization communication for a payment transaction made in the consumer payment account using the account information, wherein the payment transaction pays an acquirer processor controlling a merchant account, via a transaction handler of a payment processing network, by the issuer processor controlling the consumer payment account; and apply, by the computing apparatus in response to the authorization communication, the benefit to the payment transaction based at least in part on funds backing the loyalty benefits provided by the first loyalty provider.
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19. A computing apparatus, comprising:
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at least one microprocessor; memory storing instructions configured to instruct the at least one microprocessor to at least; provide, by the computing apparatus, a user interface to receive user input, the user input associating loyalty benefits earned by a user from a first loyalty program provider and a benefit associated with account information of a consumer payment account that is under control of an issuer processor; store, by the computing apparatus, data associating the loyalty benefits provided by the first loyalty program provider and the benefit associated with the account information; receive, by the computing apparatus, an authorization communication for a payment transaction made in the consumer payment account using the account information, wherein the payment transaction pays an acquirer processor controlling a merchant account, via a transaction handler of a payment processing network, by the issuer processor controlling the consumer payment account; and apply, by the computing apparatus in response to the authorization communication, the benefit to the payment transaction based at least in part on funds backing the loyalty benefits provided by the first loyalty provider.
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20. The computing apparatus, further comprising:
a loyalty broker configured to convert the loyalty benefits provided by the first loyalty program provider to the benefit associated with the account information of the consumer payment account.
Specification