Patent ID: 11881084
Assignee: SIGHTLINE PAYMENTS LLC
Field: Control (Instruments)
Classification: CPC G | IPC G

Claim 15:
16. A computer-based method of converting loyalty points to value, the method comprising:
receiving, by one or more computing devices, a player identifier of a player, wherein the player identifier is associated with a player loyalty profile account having a balance of accumulated points maintained by a casino computing system;
identifying, by any of the one or more computing devices, a stored value account based at least partially on the player identifier, wherein the stored value account is associated with a stored value payment vehicle issued to the player, wherein the stored value payment vehicle is an open loop payment vehicle associated with a bank card network, wherein a balance of the stored value account comprises an unrestricted balance portion and a restricted balance portion, wherein the restricted balance portion of the stored value account is only usable for stored value payment vehicle transactions at affiliated merchants, and wherein the unrestricted balance portion of the stored value account is usable for open-loop transactions;
instructing, by any of the one or more computing devices, the casino computing system to decrease the balance of accumulated points by a first amount; and
instructing, by any of the one or more computing devices, the unrestricted balance of the stored value account or the restricted balance of the stored value account to be increased by a second amount, wherein the first amount and the second amount are correlated by a conversion rate.