Patent · US Active

System and method for establishment of rules governing child accounts

US7909246B2 · kind B2 · utility

145Cited by
97References
35Claims
0Family size

Assignee

Inventors

Key dates

Filing dateJul 14, 2006
Grant dateMar 22, 2011
Priority date
Expiry dateJul 14, 2026

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG07G3/003
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A system and method for establishment of rules governing child accounts may include associating, in a database, a first transaction card through which access to monetary funds is extended with a second transaction card through which access to the monetary funds is extended. Also, in the database, the second transaction card is associated with one or more rules governing access to the monetary funds by the second transaction card. Finally, an individual owning the first transaction card is permitted to specify the rules governing access to the monetary funds by the second transaction card.

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