System and method for facilitating mobile commerce

A system comprising:

• a processor for facilitating a purchase of an item,
• a tangible, non-transitory memory configured to communicate with said processor,
• the tangible, non-transitory memory having instructions stored thereon that, in response to execution by said processor, cause said processor to perform operations comprising:
• issuing, by said processor, pre-approval status to a user in response to receiving an account code associated with a transaction account and in response to pre-approval data, wherein said pre-approval data qualifies a user to be able to agree to purchase said item without a need to transmit payment information in response to a purchase;
• receiving, by said processor, an agreement to purchase said item and to initiate a purchase transaction using loyalty points, in response to a notification of an offer for sale of said item;
• transmitting, by said processor, a confirmation in response to acceptance of said agreement;
• and
• processing, by said processor and in response to acceptance of said agreement, a payment for said item using loyalty points.

An article of manufacture including a non-transitory, tangible computer readable medium having instructions stored thereon that, in response to execution by a computer-based system for facilitating a purchase of an item, cause said computer-based system to perform operations comprising:

• issuing, by said computer based system, pre-approval status to a user in response to receiving an account code associated with a transaction account and in response to pre-approval data, wherein said pre-approval data qualifies a user to be able to agree to purchase said item without a need to transmit payment information in response to a purchase;
• receiving, by said computer based system, an agreement to purchase said item and to initiate a purchase transaction using loyalty points, in response to a notification of an offer for sale of said item;
• transmitting, by said computer based system, a confirmation in response to acceptance of said agreement;
• and
• processing, by said computer based system and in response to acceptance of said agreement, a payment for said item using loyalty points.