Patent ID: 8660893
Filing Date: 2014-02-25
Classification: G06Q

Abstract:
1. A method, comprising: for each transaction of a plurality of transactions processed by a transaction handler, comparing, via a computing device, at least one of an account of a consumer, an issuer of the account, a merchant, and an item in the transaction to loyalty data in a loyalty database to find a match, wherein the match has an associated loyalty reward that is a function of the transaction and is denominated in a loyalty currency; accessing a consumer profile of a first consumer to implement loyalty program business rules provided by a first sponsor for a first loyality program; processing transaction data for a first transaction of the plurality of transactions using the loyalty program business rules to compute a first amount of a first loyalty currency and a second amount of a second loyalty currency, the first and second currencies being different types of loyalty currencies, wherein the first loyalty currency amount is a dollar credit and the second loyalty currency amount is a number of points, and wherein the processing the transaction data comprises using data for the first consumer from transaction histories of a plurality of consumers including the first consumer to compute the first and second loyalty currency amounts; and in response to the transaction data meeting the requirements of the first loyalty program, adding, via the computing device, the first amount to a first loyalty currency balance of a loyalty account of the first consumer and the second amount to a second loyalty currency balance of the loyalty account.