Debit purchasing of stored value card for use by and/or delivery to others
US7174316B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Nov 15, 2004 |
| Grant date | Feb 6, 2007 |
| Priority date | — |
| Expiry date | Jul 22, 2025 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG07G1/0036
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method of issuing a purchase card is provided. The method includes the steps of presenting a purchaser with the opportunity to buy the purchase card, determining whether the purchaser has sufficient funds to pay for the purchase card, creating a purchase card account for a recipient designated by the purchaser, and issuing the purchase card. The purchase card may also be issued in connection with another credit card, for example as a rebate for purchases on the credit card. The purchase card may also be converted to a credit card.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.