APPARATUS AND METHOD OF DISTRIBUTING AND TRACKING THE DISTRIBUTION OF INCENTIVE POINTS

摘要

A system and method are disclosed in the illustrative context of a loyalty program (LP) for managing the distribution of currency units (points or miles) from at least one currency issuer (LP manager) to at least a selected one of a plurality of currency recipients (LP members) associated with the currency issuer. The currency issuer maintains an account for keeping the balance of currency units held by each of its currency recipients. The currency user also must approve each primary user to which it issues currenc y units. The system and method facilitate at least one primary user to acquire currency units from the one currency issuer and to distribute same to selected of the plurality of currency recipients.