Pre-paid card system for purchasing products or services
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United States of America Patent
Stats
-
Oct 22, 2002
Grant Date -
Nov 22, 2001
app pub date -
Mar 2, 1999
filing date -
Mar 2, 1999
priority date (Note) -
Expired
status (Latency Note)
Importance
Abstract
A pre-paid card system is provided for paying for purchases over an electronic or computer network, such as the Internet. The system includes a plurality of cards each having a unique identity number associated therewith. The cards have different purchasing values. The cards are for one-time use only with no declining balance. A purchase is made by providing the card identification number to a merchant who is registered with the system, whereupon the validity of the card is verified by a host database before the purchase is completed.
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