Patent ID: 8515808

Claim:
A method of an exchange computer executing a purchase transaction with a user computer, a merchant computer, and an issuer computer, comprising: an exchange computer receiving from a user computer a selection of a product for purchase from a merchant computer; the exchange computer generating a proposed reward redemption solution that designates at least one reward account previously registered with the exchange computer and stored on an issuer computer, and a quantity of reward points from the at least one reward account to be redeemed for at least partial payment for the product selected by the user; and the exchange computer providing to the user computer the proposed reward redemption solution for display to the user, and a first option to accept the proposed reward redemption solution and a second option to modify the proposed reward redemption solution; the exchange computer receiving from the user computer a purchase request for purchase of the product from the merchant computer via the exchange computer, the purchase request comprising an election of the first option to accept the proposed reward redemption solution or an election of the second option to modify the proposed reward redemption solution; and the exchange computer causing a purchase transaction to be executed for purchase of the product from the merchant computer in accordance with the purchase request by: requesting an issuer computer associated with the purchase request to: reduce a user reward account stored on the issuer computer by a quantity of reward points for execution of the purchase request, and convey consideration to the exchange computer corresponding to the quantity of reward points reduced in the user reward account; and conveying consideration to the merchant computer in exchange for providing the selected product to the user.