Stored value card transaction control systems and methods
US8025221B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Apr 29, 2008 |
| Grant date | Sep 27, 2011 |
| Priority date | — |
| Expiry date | Dec 1, 2029 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q20/20
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A gift card processing system which includes a database storing interval information representing a required interval between transactions using the gift card. The database also stores data representing the maximum amount of each transaction. The gift card processing system is part of a network that includes POS terminals at merchant locations, where the gift card may be presented. A card ID is read from the card at a POS terminal and used to access the interval data and the maximum transaction amount data.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.