Debit purchasing of stored value card for use by and/or delivery to others
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United States of America Patent
Stats
-
Oct 31, 2006
Issued Date -
N/A
app pub date -
Sep 26, 2003
filing date -
Jun 22, 1998
priority date (Note) -
In Force
status (Latency Note)
Importance
Abstract
A method of issuing a purchase card is provided. The method includes the steps of presenting a purchaser with the opportunity to buy the purchase card, determining whether the purchaser has sufficient funds to pay for the purchase card, creating a purchase card account for a recipient designated by the purchaser, and issuing the purchase card. The purchase card may also be issued in connection with another credit card, for example as a rebate for purchases on the credit card. The purchase card may also be converted to a credit card.
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