PORTABLE REWARD CHECKOUT, REWARD MANAGEMENT AND REWARD REDEMPTION SYSTEM AND METHOD

摘要

A portable reward checkout, reward management and reward redemption system and method therefor for redeeming reward points for rewards, services or goods includes a distribution center that issues, redeems, saves or returns the reward points over a wireless or wired network, a card member device that receives, stores, transfers, exchanges or redeems the reward points over a wireless or wired network, and a centralized data processing and storage facility that receives, stores or forwards accumulated and earned rewarding points to the card member device over a wireless or wired network. The centralized data processing and storage facility manages the overall system.