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System and method for networked loyalty program

  • US 7,496,524 B2
  • Filed: 01/03/2007
  • Issued: 02/24/2009
  • Est. Priority Date: 03/29/2001
  • Status: Expired due to Fees
First Claim
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1. A method for facilitating a loyalty program having loyalty points, said method including:

  • providing loyalty points from a system administrator to at least one of;

    a first party and a second party;

    maintaining a database of accounts, wherein each of said accounts include a balance of loyalty points associated with at least one of;

    said first party and said second party;

    receiving, from said first party, criteria for awarding said loyalty points to an account associated with a consumer ID;

    receiving, from said second party, criteria for awarding said loyalty points to an account associated with a consumer ID;

    receiving consumer ID and at least one of;

    purchase data, purchase price, manufacturer item identifier, retailer item identifier and product description data;

    calculating a first number of loyalty points based on said consumer ID, said purchase price, and a first currency to point ratio corresponding to said retailer item identifier;

    calculating a second number of loyalty points based on said consumer ID, said purchase price, and a second currency to point ratio corresponding to said manufacturer item identifier; and

    ,combining said first number of loyalty points and said second number of loyalty points within a loyalty account associated with said consumer ID;

    deducting said first number of loyalty points from said first account associated with said first party; and

    ,deducting said second number of loyalty points from said second account associated with said second party.

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