Systems and methods for performing a purchase transaction using rewards points

US9972047B1 · kind B1 · utility

Assignee

• CAPITAL ONE SERVICES, LLC · US

Inventors

• Richard Elliott · Glen Allen, US
• Matthew Sexstone · Richmond, US
• Patricia Hansen · Glen Allen, US
• Rhett Edwards · Mechanicsville, US

Key dates

• Filing date: Apr 18, 2008
• Grant date: May 15, 2018
• Expiry date: Aug 7, 2029

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q30/0277
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A system and method for performing a purchase transaction using rewards points by receiving a purchase request using a financial account with associated account information, determining based on the account information that the financial account is associated with a rewards program with rewards points, and providing the option to pay for the purchase using the financial account or at least a portion of the rewards points. The purchase may be paid for using rewards points from multiple rewards programs and/or multiple financial accounts.