Patent ID: 8533036
Filing Date: 2013-09-10
Classification: G06Q

Abstract:
1. A computer-implemented method for conducting an ecommerce purchase between a merchant and a customer using reward points available to the customer through a plurality of reward program providers, the method comprising: identifying, by a computer system, a number of reward points from the plurality of reward program providers available to the customer, the reward points accumulated by the customer from the plurality of reward program providers; determining, by the computer system, a plurality of redemption rates for redeeming the reward points from each of the plurality of reward program providers to a transaction currency, the transaction currency accepted by the merchant to execute the purchase; combining, by the computer system, the available reward points from the plurality of reward program providers based on the plurality of redemption rates; determining a number of reward points required from a combination of the plurality of reward program providers to execute the purchase between the customer and the merchant based on the plurality of redemption rates and a purchase price; selecting, by the computer system, reward points from a combination of the plurality of reward program providers to use during a transaction; executing a redemption transaction with the plurality of selected reward program providers, the redemption transaction comprising redeeming the determined number of reward points from the plurality of selected reward program providers for the transaction currency at the plurality of determined redemption rates, the redemption transaction for at least one of the purchase price and the reward points available to the customer; and executing the purchase transaction with the merchant in the transaction currency based on the redemption transaction.