Method and apparatus for generating gift certificates
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
-
Sep 7, 1993
Grant Date -
N/A
app pub date -
Mar 5, 1991
filing date -
Mar 5, 1991
priority date (Note) -
In Force
status (Latency Note)
Importance
Abstract
An electronic gift certificate dispenser device for printing and dispensing a gift certificate purchased by a credit card. A consumer approaches the device and inserts a credit card into a magnetic card reader. The consumer chooses a retailer from a menu of participating retailers and enters the gift certificate value. The machine automatically verifies the credit card, causes the account to be debited and prints the gift certificate. A plurality of gift certificate dispensing devices can be connected in a network under the control of a central processing unit. Information regarding gift certificate purchases is transferred from the devices to the central processing unit to be collated and billed to credit card accounts. The central processing unit also informs merchants of the purchase of gift certificates that will be redeemed at their stores.
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