Partner account debit process

Details Partner account debit process Partner account debit process

2006-08-10

2010-11-23

Lee, Seung H (Department: 2887)

Registers

Systems controlled by data bearing records

Credit or identification card systems

C235S379000, C705S014110

Reexamination Certificate

active

07837099

ABSTRACT:
A loyalty program business model includes entering into an agreement with loyalty program partners and agreeing on exchange rates between a variety of loyalty unit types. Partner accrual records (PAR's) arc accepted from the loyalty program partners related to the business activity of related loyalty program members. Loyalty units credits are calculated for a member from data obtained in the step of accepting. A partner loyalty account balance is updated according to the standardized loyalty unit debit obtained in the step of calculating. Then an invoice can be billed to a partner according to the partner loyalty account balance.

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