Methods and systems for processing unrestricted stored-value instruments
US7328191B2 · kind B2 · utility
12Cited by
41References
10Claims
0Family size
Assignee
Inventors
Key dates
| Filing date | Mar 31, 2003 |
| Grant date | Feb 5, 2008 |
| Priority date | — |
| Expiry date | Aug 16, 2025 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0239
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
Methods and systems are provided for processing a stored-value instrument. An unrestricted value associated with the stored-value instrument is authenticated at an instrument-authority system in response to an authentication request received from a merchant point-of-sale terminal. An allocation request is received at the instrument-authority system for a restricted allocation of at least a portion of the authenticated value associated with the stored-value instrument. The authenticated value is allocated in accordance with the allocation request.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.