Patent ID: 7624040
Filing Date: 2009-11-24
Classification: G06Q,G07F

Abstract:
1. A method of operating a reward trading and redemption program comprising the steps of: a) establishing a reward exchange account on a trading server, the reward exchange account being associated with a user, the trading server being selectively interconnected over a network with a plurality of reward servers, each of said plurality of reward servers associated with a different one of a plurality of reward issuing entities, each of said plurality of reward servers storing a reward account associated with the user for storing rewards awarded to the user for transactions between the user and the associated reward issuing entity b) sending a first web page to a user computer via the network, the first web page comprising controls for designating at least some of the rewards from one or more of the reward accounts associated with the user for trading into the reward exchange account associated with the user, c) receiving instructions from the user operating the user computer that indicate a quantity of rewards designated by the user to be traded from at least one of the reward accounts associated with the user into the reward exchange account associated with the user; d) the trading server trading, in real time response to receiving said instructions, the rewards designated by the user to be traded into the reward exchange account associated with the user, and e) sending a second web page to the user computer via the network, the second web page comprising controls for selection of rewards to be redeemed from the reward exchange account associated with the user for an item selected by the user.