Patent · US Active

System and computer program product to issue a retail prepaid card including a user-designed external face using a chit and related computer implemented methods

US8286863B1 · kind B1 · utility

28Cited by
139References
16Claims
0Family size

Assignee

Inventor

Key dates

Filing dateFeb 4, 2010
Grant dateOct 16, 2012
Priority date
Expiry dateJan 28, 2031

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG07F7/1008
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

Embodiments of systems, computer program product, and related computer implemented methods to issue a closed-loop retail prepaid card including a user-designed external face using a chit, the chit being defined by an identification mechanism representing a financial commitment to issue a closed-loop retail prepaid card in an amount associated with a value paid for the chit, are provided. Embodiments of the present invention advantageously provide a service that enables a consumer to purchase, at the storefront of a retail establishment, a chit card that the consumer can subsequently redeem through a graphical user interface of an Internet website for a closed-loop retail prepaid card with a user-designed external face. The user-designed closed-loop retail prepaid card, for example, can be subsequently printed and delivered to an intended recipient. Advantageously, such a service can be made available to any retail establishment that uses a point-of-sale system.

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