Systems and methods for peer-to-peer reward points transfer over mobile devices

A computer-implemented method for transferring reward points between a plurality of mobile computing devices, the method implemented by a rewards program computer system in communication with a memory, the method comprising:

• determining that a first mobile computing device is within a predetermined proximity of a second mobile computing device different from the first mobile computing device, that the first mobile computing device is associated with a first rewards points account, that the second mobile computing device is associated with a second rewards points account, and that the first and second rewards points accounts share an association;
• receiving a transfer command from the first mobile computing device, the transfer command instructing the rewards program computer system to transfer at least one reward point between the first reward points account and the second reward points account;
• retrieving a first reward points balance associated with the first reward points account and a second reward points balance associated with the second reward points account from a rewards program database;
• updating the first reward points balance and the second reward points balance at the rewards program database by processing the transfer command upon validating the transfer command;
• and
• transmitting an updated balance amount to at least one of the first mobile computing device and the second mobile computing device.

A system for facilitating the transfer of reward points between a plurality of mobile computing devices, comprising:

• a rewards program computer system comprising a processor in communication with a memory, said processor configured to:
• determine that a first mobile computing device is within a predetermined proximity of a second mobile computing device different from the first mobile computing device, that the first mobile computing device is associated with a first rewards points account, that the second mobile computing device is associated with a second rewards points account, and that the first and second rewards points accounts share an association;
• receive a transfer command from the first mobile computing device, the transfer command instructing said rewards program computer system to transfer at least one reward point between the first reward points account and the second reward points;
• retrieve a first reward points balance associated with the first reward points account and a second reward points balance associated with the second reward points account;
• update the first reward points balance and the second reward points balance by processing the transfer command upon validating the transfer command;
• and
• transmit an updated balance amount to at least one of the first mobile computing device and the second mobile computing device.