Data processing method of configuring and monitoring a satellite spending card linked to a host credit card

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United States of America Patent

PATENT NO 5864830
SERIAL NO

08799543

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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A data-processing method by which one or more prepaid satellite spending cards are configured and linked to a cardholder's host credit card or card account such that a predetermined available spending capacity of each satellite card is selectively determined by the cardholder of the host credit card, is deducted from the available balance of the host card or card account and limits the total spending capacity of the satellite card. The main cardholder may also remotely selectively increase the available spending capacity of the one or more satellite cards by deducting the desired additional spending capacity of each satellite card from the available balance of the host credit card as a purchase against the host card account.

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Patent Owner(s)

Patent OwnerAddress
SPENDINGMONEY LLC163 NORTH MAIN STREET PORT CHESTER NY 10573-3368

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Armetta, David 510 Woodbine Rd., Stamford, CT 06903 4 468
Tempest, David 147 Hendrie Ave., Riverside, CT 06878 1 462

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