Patent ID: 8267315
Filing Date: 2012-09-18
Classification: G06Q,G07F

Abstract:
1. A method comprising: a computer identifying non-negotiable credits earned from previous interactions with an entity, wherein records for the non-negotiable credits are maintained in a non-negotiable credit account stored in at least one storage device, wherein said non-negotiable credit account is owned or controlled by the entity; the computer converting a quantity of the non-negotiable credits of the non-negotiable credit account to a quantity of negotiable funds of a funds account stored in at least one storage device, wherein the funds account is not owned or controlled by the entity; and permitting access to the quantity of negotiable funds of the funds account, wherein the quantity of negotiable funds of the funds account are able to be applied to one or more purchases, wherein in absence of the converting the non-negotiable credits are not able to be applied to the one or more purchases, wherein permitting access to the quantity of negotiable funds is defined as: (a) the entity providing one or more users with cash, credit, or other negotiable funds, whereby the one or more users are able to thereafter apply the cash, credit, or other negotiable funds to the one or more purchases; (b) the entity providing a vender for the one or more purchases with cash, credit, or other negotiable funds, whereby one or more users are able to purchase goods or services from the vender using the entity provided cash, credit, or other negotiable funds; or (c) combinations of (a) and (b).