The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Nov. 26, 2013
Filed:
Mar. 27, 2001
Trevor Robert Maclean, Toronto, CA;
Jerry Philip, Oakville, CA;
Stephen Paul Ogden, Toronto, CA;
Darlene Higbee Clarkin, Toronto, CA;
Trevor Robert MacLean, Toronto, CA;
Jerry Philip, Oakville, CA;
Stephen Paul Ogden, Toronto, CA;
Darlene Higbee Clarkin, Toronto, CA;
Points.com, Toronto, CA;
Abstract
This invention relates to a system and method of exchanging first points held by a customer for second points, wherein the first points that are issued by a first point issuer differ from the second points that are issued by a second point issuer. This method comprises the steps of permitting the customer to set a first number of first points to be exchanged and permitting the first and second point issuers to set the point withdrawal and deposit rates of their first and second points respectively. Next, an equivalent number of the second points is determined based upon the point withdrawal and deposit rates of the first and second point issuers respectively, and the first number of the first points. Then, the first number of points is exchanged for a second equivalent number of second points.