METHOD AND SYSTEM FOR ACCRUAL TRANSACTION PROCESSING IN LOYALTY PROGRAMS

摘要

The present invention discloses a method and system for accrual transaction processing in loyalty programs. The method according to the present invention includes the steps of setting up an accrual template, and validating accrual transactions received from loyalty partners against transaction attributes in the accrual template. The present invention imparts accrual transaction process an ability to accurately calculate rewards for loyalty member activities of different types undertaken with loyalty partners from diverse industries.