Method and system of accessing data among a plurality of loyalty programs

A system for exchanging loyalty points, comprising:

• a computing system, the computing system configured to:
• receive transaction data for a transaction, the transaction data including user payment data and an indication of a user selection to pay with loyalty points;
• generate a transaction request including a user identification, a merchant identification, and a transaction amount;
• transmit the transaction request to the processing server;
• a processing server, the processing server configured to:
• store a database, the database including one or more user loyalty profiles, each of the one or more user loyalty profiles including at least a user identifier identifying a user and one or more merchant identifiers identifying one or more merchants, each of the one or more merchant identifiers associated with a loyalty point total;
• receive the transaction request from the computing system;
• execute a query on the database, the query including at least the user identification included in the transaction request;
• identify a user loyalty profile including a user identifier that matches the user identification included in the transaction request;
• in response to identifying the user loyalty profile, determine the merchant identification included in the transaction request matches one of the one or more merchant identifiers in the identified user loyalty profile;
• determine the loyalty point total associated with the matching merchant identifier included in the identified user loyalty profile is lower than a loyalty point total required to cover the transaction amount;
• exchange a first amount of loyalty points associated with a different merchant identifier of the one or more merchant identifiers included in the identified user loyalty profile for a second amount of loyalty points associated with the merchant identifier that matched the merchant identification included in the transaction request, the second amount being a difference between the loyalty points associated with the merchant identifier stored in the identified user loyalty profile and the loyalty point total required to cover the transaction amount;
• transmit a response message to the first computing system, the response message including an identification of a third amount of loyalty points associated with the merchant identifier that matched the merchant identification included in the transaction request, the third amount being a total of the loyalty point total associated with the matching merchant identifier and the second amount;
• receive the response message;
• and
• process the transaction using the third amount of loyalty points.

A method for accessing data of one or more loyalty programs, comprising:

• receiving, by a processing server from a first computing device, a loyalty point transaction request, the loyalty point transaction request including at least a user identification, a first loyalty point amount of first loyalty points, the first loyalty point request amount associated with a first merchant identifier;
• executing, by the processing server, a query on a database, the query including at least the user identification included in the loyalty point transaction request;
• identifying, by the processing server, a user loyalty profile including the user identification included in the loyalty point transaction request, the user loyalty profile further including at least one merchant identifier matching the first merchant identifier, the merchant identifier associated with a loyalty point total and a loyalty point exchange rate;
• determining, by the processing server, a transaction total for the loyalty point transaction request, the transaction total based on the loyalty point exchange rate and the first loyalty point request amount;
• and
• executing, by the processing server, a loyalty point transaction, wherein executing the loyalty point transaction includes:
• transmitting, by the processing server to the first computing device, the first loyalty points equal the first loyalty point request amount, and
• transmitting, by the processing server to a second computing device, a transaction amount equal to the transaction total.

A system for exchanging loyalty points, comprising:

• a first computing system;
• a second computing system;
• and
• a processing server, the processing server configured to:
• receive, from a first computing device, a loyalty point transaction request, the loyalty point transaction request including at least a user identification, a first loyalty point amount of first loyalty points, the first loyalty point request amount associated with a first merchant identifier;
• execute a query on a database, the query including at least the user identification included in the loyalty point transaction request;
• identify a user loyalty profile including the user identification included in the loyalty point transaction request, the user loyalty profile further including at least one merchant identifier matching the first merchant identifier, the merchant identifier associated with a loyalty point total and a loyalty point exchange rate;
• determine a transaction total for the loyalty point transaction request, the transaction total based on the loyalty point exchange rate and the first loyalty point request amount;
• and
• execute a loyalty point transaction, wherein executing the loyalty point transaction includes:
• transmit, to the first computing device, the first loyalty points equal the first loyalty point request amount, and
• transmit, to the second computing device, a transaction amount equal to the transaction total.