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BOCA PATENTS BY
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Conversion of loyalty program points to commerce partner points per terms of a mutual agreement

Invented by: Sean I. McGhie
Boca Raton, FL

Brian K. Buchheit
Davie, FL Applicant: Name City State Country Type McGhie

Originally Assigned to: Sean I. McGhie
Boca Raton, FL
[Now assigned to . . .]

Brian K. Buchheit
Davie, FL Applicant: Name City State Country Type McGhie
[Now assigned to . . .]

Issued:2016-02-02
Filed:2015-02-03
Application No:14612863
Examined by:Labaze; Edwyn

A computer converts a first quantity of loyalty program points of a loyalty program possessed by a member held in a first account to a second quantity of different loyalty program points possessed by the member held in a second account in accordance with a fixed ratio. The loyalty program points and the different loyalty program points are non-fungible, non-negotiable units of exchange. A mutual agreement exists between program operators to permit the conversion. Responsive to the converting: the first quantity of loyalty program points is subtracted from the first account; the second quantity of different loyalty program points is added to the second account; and the entity compensates the commerce partner in accordance with mutual agreement.

[pdf] U.S. Pat. No. 9,251,528

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