App lets passengers buy frequent flyers’ extra miles

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With nearly 40 million frequent flyer miles expiring every year, the Par app has found a way to put them to use. Linking interested travelers with frequent flyers who have miles available, Par is a mobile, peer-to-peer marketplace for travel bargains. The process begins with a potential passenger submitting a request for miles. Each request must be for a specific destination and date, and miles can be used for one way and round trip domestic and international flights originating in the United States. Queries are sent to all registered users whose miles can fulfill the request, and then the buyer…

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