| 摘要 |
A system and method configured to use an authorization messaging system for payment processing to communicate, in real time during authorization of a payment transaction, loyalty reward information, such as reward balance and conversion rate between a loyalty currency and a payment currency. For example, loyalty currency conversion rate is provided in real time via the authorization response that also provides the loyalty currency balance that is redeemable for the payment transaction. The system and method allows the conversion rate to be customized and/or personalized based on the identities of the user, the merchant and the loyalty program. Merchant may provide add-on offers for certain users. |
| 主权项 |
1. A method, comprising:
receiving, in a computing apparatus configured on an electronic payment processing network, an authorization request for a payment transaction in a payment account; in response to the authorization request, identifying, by the computing apparatus configured on the electronic payment processing network, a sponsor processor controlling a loyalty program associated with the payment account; transmitting, by the computing apparatus configured on the electronic payment processing network, an authorization request to the sponsor processor to request authorization of redemption of loyalty currency from the loyalty program associated with the payment account; receiving, in the computing apparatus configured on the electronic payment processing network, an authorization response from the sponsor processor responsive to the authorization request transmitted to the sponsor processor; retrieving, by the computing apparatus configured on the electronic payment processing network, from the authorization response
a balance of loyalty currency available from the loyalty program associated with the payment account for application to the payment transaction, anda conversion rate between the loyalty currency and a currency of the payment account; and applying, by the computing apparatus configured on the electronic payment processing network, at least a portion of the balance of loyalty currency towards the payment transaction based on the conversion rate, during authorization of the payment transaction in the payment account. |
