Patent · US Active

Systems and methods for managing and using prepaid purchasing accounts

US7600692B2 · kind B2 · utility

5Cited by
10References
44Claims
0Family size

Inventors

Key dates

Filing dateJan 18, 2006
Grant dateOct 13, 2009
Priority date
Expiry dateOct 23, 2027

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q30/00
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

The present invention extends to managing prepaid purchasing accounts and depositing funds therein. A kiosk and management system are connected over a network. The management system maintains purchasing accounts usable for multiple product or service purchases. To make a deposit, the consumer enters credentials at the kiosk, the credentials identifying a purchasing account. The consumer selects a payment method for making the deposit. For one or more payment methods (e.g., electronic check payment), the consumer selects a method to guarantee the deposit. The consumer also enters a deposit amount which is verified. Cash payments may be verified by an automated cash acceptor or a retail attendant. Credit card or debit card payments may be accepted by a card authorization network. Embodiments of the system also include debiting the purchasing account by a purchase amount. In addition, the purchasing account can be managed to view prior deposits and purchases.

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