Bulk activation of portable consumer payment devices
US8473411B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | May 29, 2008 |
| Grant date | Jun 25, 2013 |
| Priority date | — |
| Expiry date | May 29, 2028 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0633
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
Portable Consumer Payment Devices (PCPDs), such as gift cards, can be bulk activated and thereby be made ready to use in a commercial transaction. The bulk activation is provided through a web service giving a user experience that includes an online interactive user interface that receives an order for PCPDs and a request to activate all PCPDs in the order. The respective accounts of the PCPDs in the order are funded upon activation and a fee is assessed for the activations. Thereafter, each activated PCPD can be used in a transaction with a merchant who submits the transaction to an acquirer for processing by a transaction handler who requests an issuer of the account of the PCPD to obtain payment for the transaction from the account corresponding to the PCPD.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.