Patent ID: 7979316

Claim:
A computer-implemented method comprising: receiving pre-approval data, by a computer based system for facilitating a purchase of an item using a wireless device, wherein said pre-approval data qualifies a user to be able to agree to purchase an item without the transmission of payment information in response to a purchase; issuing, by said computer based system, pre-approval status to said user in response to receiving an account number on a transaction card; transmitting, by said computer based system, a notification of an offer for sale of an item; receiving, by said computer based system, an agreement to purchase said item and to initiate a purchase transaction; transmitting, by said computer based system, a confirmation in response to acceptance of said agreement; processing, by said computer based system, a payment for said item using a medium related to said transaction card for said item, in response to acceptance of said agreement; and wherein said step of receiving an agreement to purchase said item comprises receiving an indication to initiate a purchase transaction using a portion of loyalty points, wherein said medium related to said transaction card is loyalty points.