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Mastercard International Incorporated (Patent): IPO 17 Dec 2014

The application relates to redeeming credits in a loyalty program, such as airmiles in an airline frequent flyer program, against purchases a retail environment and processing the transaction on a point-of-sale (‘POS’) terminal. In order to complete the transaction the cost of the purchase must be converted from a POS terminal currency, using an exchange rate, to the equivalent number of loyalty program credits. If the user has sufficient credits available the transaction will be processed, if not the transaction will be declined. The Hearing Officer found that the invention related to computer implemented methods of doing business as such, could find no saving amendments, and refused the application.

Miss J Pullen
[2014] UKIntelP o55114
Bailii
England and Wales

Intellectual Property

Updated: 28 December 2021; Ref: scu.543163

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