Method and system for handling returned prepaid payment cards
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United States of America Patent
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Oct 16, 2012
Grant Date -
Dec 4, 2008
app pub date -
Jun 4, 2007
filing date -
Jun 4, 2007
priority date (Note) -
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status (Latency Note)
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Abstract
A method and system for handling returned prepaid device in a payment system. In one embodiment, upon receipt of a returned prepaid device corresponding to a consumer's account, a method indicates in the consumer's account that an address of the consumer is invalid; and determines whether the device should be stored in order to possibly re-send the device to the consumer if a new valid consumer address is received, or to destroy the device and refund the purchaser.
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