Patent ID: 8831976
Filing Date: 2014-09-09
Classification: G06Q

Abstract:
1. A computerized system for use by a participant of a program which awards points to the participant, wherein the awarded points are maintained in a point account for the participant by a program manager server, said system for permitting the participant to transact a single purchase of an item having a cash purchase price using the awarded points with a cash vendor system which transacts purchases in currency, said system comprising: a participant graphical user interface (GUI) component; a virtual payment provider server; a program manager server; a broker system; said broker system including a memory device containing instructions that when executed by the broker system performs the steps of: said participant GUI component responsive to the participant's input and including a memory device containing instructions that when executed by the GUI component performs the steps of: said virtual payment provider server including a memory device containing instructions that when executed by virtual payment provider server performs the step of: said program manager server including a memory device containing instructions that when executed by program manager server performs the steps of: the memory device of said broker system containing instructions that when executed by broker system performs the step of: wherein, from the perspective of the participant, the participant GUI component is configured to interface with the broker system to conduct the single purchase with the cash vendor system based in part on the points in the participant's point account and based in part on the participant's credit card account; and wherein, from the perspective of the cash vendor system, the cash vendor system conducts the single purchase with the participant as a currency transaction based on the virtual credit card account.