Computer-based method of operating a loyalty system for vendors and purchasers of goods and services

摘要

A computer based method of operating a loyalty system for vendors and purchasers of goods or services comprises; a) creating a database of vendor and purchaser subscribers to the system; b) arranging contracts with financial organizations such as investment or insurance companies; c) receiving transaction data relating to electronic payments made by the purchasers to the vendors and d) periodically arranging payments to the financial organizations as required on behalf of the purchasers to satisfy the contract for benefits.