Patent · US Expired

Methods and systems for coordinating a change in status of stored-value cards

US7409358B2 · kind B2 · utility

6Cited by
40References
24Claims
0Family size

Assignee

Inventors

Key dates

Filing dateFeb 21, 2003
Grant dateAug 5, 2008
Priority date
Expiry dateJan 30, 2026

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG07F7/0866
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

Methods and systems are provided for coordinating a change in status of a stored-value card for a customer. Transaction information is received at a host system from a point-of-sale terminal. The transaction information includes stored-value-card information identifying the stored-value card and payment-instrument information identifying a payment instrument to be used for financing the change in status of the stored-value card. The host system receives a payment authorization from a payment authority in response to a transmission of the payment-instrument information to the payment authority. The host system also receives a confirmation of the change in status of the stored-value card from a stored-value-card authority in response to a transmission of the stored-value-card information to the stored-value-card authority. The host system transmits an approval for effecting the change in status of the stored-value card to the point-of-sale terminal.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.