SYSTEM AND METHOD FOR A MULTIPLE MERCHANT STORED VALUE CARD
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United States of America Patent
Stats
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N/A
Issued Date -
N/A
app pub date -
Aug 25, 2017
filing date -
Jun 25, 2002
priority date (Note) -
Published
status (Latency Note)
Importance
Abstract
The loyalty system allows a consumer to accumulate general loyalty points from one or more merchants, and convert any desired subset of general points to loyalty dollars associated with a specific merchant. The system stores, for each consumer, the merchant loyalty dollars (or monetary equivalent) by merchant within a remotely-accessible host database or within a smart card database. Upon conducting a purchase at a particular merchant, the consumer may utilize a code key to facilitate access to the consumer's own loyalty dollars for the particular merchant. The loyalty dollars are then applied to the purchase transaction as a discount or rebate. The consumer may also re-load the merchant loyalty dollar accounts.
First Claim
Other Claims data not available