Abstract:
The present invention discloses a method and system for enabling multiple payment options for members in a loyalty program. The method according to the present invention includes the steps of receiving a request for a loyalty service and capturing service information and payment options of interest from the members, and processing the service information and payment options and displaying a set of feasible payment options to the members. The present invention enables members to exercise any payment option of choice, which includes loyalty units, monetary currencies and a combination of loyalty units and monetary currencies.
Abstract:
The present invention discloses a method and system for processing accrual and redemption package offerings in loyalty programs. The method includes identifying a set of accrual package offerings, identifying a plurality of loyalty members satisfying a set of package conditions, calculating accruals for each of the plurality of loyalty members and crediting the loyalty member accounts, and identifying a set of loyalty partners and debiting loyalty partner accounts. The method and system of the present invention enables loyalty programs to fully automate the process of setting up and managing accruals and redemption packages. The present invention also discloses a method and system of recalculating the accrual transactions. The method includes receiving a set of loyalty member activities from a plurality of loyalty partners, processing the loyalty member activities in a sequential manner according to a date of the activities, checking a necessity for recalculating the accruals; and recalculating the accruals for the loyalty member activities.
Abstract:
The present invention discloses a method and system for enabling multiple payment options for members in a loyalty program. The method according to the present invention includes the steps of receiving a request for a loyalty service and capturing service information and payment options of interest from the members, and processing the service information and payment options and displaying a set of feasible payment options to the members. The present invention enables members to exercise any payment option of choice, which includes loyalty units, monetary currencies and a combination of loyalty units and monetary currencies.
Abstract:
Methods for defining and using a configurable and extensible enrollment data capture framework. The enrollment data capture framework allows generation of enrollment data capture templates for specifying channel, membership scheme and membership type specific data elements, providing data relevancy and data adequacy. The framework comprises an extensible membership attribute repository, as well as configurable enrollment data capture templates specific to a membership scheme and type and channel combination.
Abstract:
Methods for defining and using a configurable and extensible enrollment data capture framework. The enrollment data capture framework allows generation of enrollment data capture templates for specifying channel, membership scheme and membership type specific data elements, providing data relevancy and data adequacy. The framework comprises an extensible membership attribute repository, as well as configurable enrollment data capture templates specific to a membership scheme and type and channel combination.