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Having programming of a portable memory device (e.g., IC card, "electronic purse")

Subclass of:

705 - Data processing: financial, business practice, management, or cost/price determination

705001000 - AUTOMATED ELECTRICAL FINANCIAL OR BUSINESS PRACTICE OR MANAGEMENT ARRANGEMENT

705035000 - Finance (e.g., banking, investment or credit)

705039000 - Including funds transfer or credit transaction

Patent class list (only not empty are listed)

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Entries
DocumentTitleDate
20120173420PREPAID TRANSACTION CARD ACTIVATION SYSTEM AND METHOD - Reloadable or non-reloadable prepaid transaction card activation systems are disclosed. More specifically, the system provides a platform for activation of prepaid or stored value transaction cards and capture of customer demographic information, and verification of that information, after the customer has obtained or has been issued a prepaid transaction card. The data capture is performed at activation rather than at point of sale.07-05-2012
20100153268SPENDING VEHICLES FOR PAYMENTS - A system and method for associating payments with spending vehicles so that an individual who is entitled to receive periodic or special payments such as social security checks receives in place of the payment a spending vehicle such as a discount card, rebate, or coupon for use with purchases of the sponsor's products or services. Sponsors include companies and organizations interested in offering purchase incentives to their customers. An individual who wishes to receive a spending vehicle rather than the regular payment selects the spending vehicle he or she would like to receive. The individual then assigns his or her right to receive the payment to a third party. The third party then arranges to give a spending vehicle to the individual and to transfer the individual's payment to the sponsor of the spending vehicle. The third party may take a portion of the payment as compensation for the service.06-17-2010
20090192936PORTABLE STORAGE DEVICE AND TRANSACTION MACHINE - In systems which execute transactions with an ATM using an IC card in which plural account information is registered in advance, one or more transaction information and intended use information indicating the intended uses of transactions to be executed by the ATM based on the transaction information are associated with each other and are registered as transaction data in the storage section of the IC card, so as to certainly prevent transactions or selections of accounts which are not intended by the user from being erroneously executed. Prior to the execution of transactions by the ATM, the transaction data is read out for the ATM and the intended use information included in the transaction data are displayed along with said transaction information included in the transaction data, in a transaction selection screen on the ATM.07-30-2009
20110196788 Method for loading double e-wallets - The invention discloses a method for loading double e-wallets, relating to the information security field. The method includes steps of entering into a contactless inductive area of a terminal by the CPU card; being powered on and initialized, synchronizing a first e-wallet and a second e-wallet by the CPU card; receiving and executing INITIALIZE FOR LOAD instruction sent by the terminal, and returning a response message of INITIALIZE FOR LOAD instruction to the terminal, by the CPU card; receiving the response message of INITIALIZE FOR LOAD instruction and sending data in the response message of INITIALIZE FOR LOAD instruction, to a host, by the terminal; receiving and storing the data, sending LOAD allowing message to the terminal, by the host; receiving LOAD allowing message and sending LOAD instruction to the CPU card, by the terminal; receiving LOAD instruction, performing loading operation on the second e-wallet, refreshing balance of the first e-wallet and returning the response message of LOAD instruction, to the terminal, by the CPU card. (FIG. 08-11-2011
20110196787System And Method Of Transferring Money To An Electronic Wallet - A method of transferring value to an electronic wallet includes obtaining a first telephone number from a user, the first telephone number being associated with a mobile telephone of the user; obtaining a PIN from the user, the PIN being associated with a prepaid money transfer card, the prepaid money transfer card having a value associated therewith; obtaining a second telephone number from the user, the second telephone number being associated with a mobile telephone of an intended recipient of at least some of the value associated with the prepaid money transfer card; and transferring the at least some of the value associated with the prepaid money transfer card with an electronic wallet associated with the second telephone number.08-11-2011
20130085938METHOD AND SYSTEM FOR ACCOUNT HOLDERS TO MAKE, TRACK AND CONTROL VIRTUAL CREDIT CARD NUMBERS USING AN ELECTRONIC DEVICE - A method and system that allows an account holder to create secure single and multi-use virtual credit account numbers from electronic devices, such as smart phones, tablets, computers and so forth. In addition, the method and system allows non-editable virtual credit card images to be created in another name from an administrator's account, which is perfect for employer/employee card creation, and electronically transmitted to an intended recipient. Secure virtual credit account numbers may be sent via email as a card image or SMS text message. An account holder or appointed administrator may establish restrictions on usage of a recipient's, such as an employee's, virtual credit card and the account holder may change those restrictions or disable the virtual credit card at any time from an electronic device, such as a smart phone, tablet, computer and so forth.04-04-2013
20120246068Lottery Gift Card/ Lottery Credit Card/ Lottery Card - It is a new way of paying for your lottery. It makes it easier, because you do not have to carry cash. This is will revolutionize the way you pay to play the lottery.09-27-2012
20130080322Smart Electronic Wallet or Smart E-wallet - The electronic wallet comprises a card duplicator, an electronic wallet or e-wallet, and an e-card. The card duplicator and the electronic wallet or e-wallet comprises a personalized authentication security card. Each electronic wallet or e-wallet has only one e-card. Single users are only required to have the electronic wallet or e-wallet. Business and family plans are required to have both the card duplicator and the electronic wallet or e-wallet. The card duplicator and the electronic wallet or e-wallet store credit card and personal data into the system. The e-card works as an interface device for the consumers. The e-card functions like normal credit card however the e-card is equipped with superior security system compared to a normal credit card.03-28-2013
20130080321Method for Recipient Orientated Financial Services - A method allowing a first person to provide a “virtual” gift to a second party is disclosed, referred to as a “credit gifting” system, wherein the first person accesses an application allowing predetermined aspects of the gift, such as the retailer, store, product type etc to predetermined whilst adding personal messages etc. The second person receives a gift credit towards a purchase redeemable at the defined retailer or store for any wares/services or only those identified by first person. In another embodiment the second person is able to select the retailer or store to redeem from or if unable to redeem themselves allocate a proxy. Accordingly the method overcomes drawbacks of current “captive” gift cards and pre-paid traditional gift cards whilst also offering enhanced registry services, advertising, retailer demographics etc by leveraging the association of a personal electronic device with the recipient of the gift credit.03-28-2013
20130036047METHOD, SYSTEM AND PROCESS FOR CENTRALIZED MANAGEMENT AND CONTROL OF A BUDGET AND ELECTRONIC MASS DISTRIBUTION OF FUNDS - A computer-implemented centralized budgeting system and method can include a central budget account containing a quantity of electronic funds housed in a computer system of a financial institution. A plurality of cards can be distributed to account holders to provide access to the funds in the central budget account. A control database can be provided and stored in a server computer system. The control database can include one or more sets of rules for controlling the approval or denial of card requests to access the funds in the central budget account. A web-interface can be provided to enable a client to establish and/or modify the one or more sets of rules for controlling the approval or denial of card requests. Secondary account holders can be provided access to the funds in the central budget account upon one or more different sets of rules than the primary account holder(s).02-07-2013
20130036048System for Payment via Electronic Wallet - A method includes receiving a request to process, against an electronic wallet, a portion of a transaction, an electronic wallet optionally comprising a sub-wallet, the transaction processed against the wallet and/or sub-wallet. The method further includes identifying one or more electronic value tokens in the e-wallet and/or sub-wallet that, when used together, will cover the portion of the transaction. The method further includes applying the electronic value tokens to the portion of the transaction.02-07-2013
20100114767APPARATUS AND METHODS FOR CARD DISPENSING - Apparatus and methods for providing a card that has a stored value. The apparatus and methods may involve offering the card to a customer, applying branding information to the card, charging a customer account for the value, and dispensing the card. The stored value card may be provided by a machine to a customer. The machine may be a financial institution automated teller machine (ATM). The ATM may transmit instructions to transfer funds from the customer's to one or more of the financial institution's retail partners. The ATM may apply visual information to the card. The visual information may include branding information, a message or any other suitable information.05-06-2010
20130041817Methods and Systems for Activating an Electronic Payments Infrastructure - Methods and systems for activating an electronic payments infrastructure employ, for example, a token consisting at least in part of a unique identifier assigned to an inactive header account which is provided on a customer's electronic device. The unique identifier is processable via a transaction processing network. A request, which includes customer information, is received to verify that activation of the header account for the customer is compliant with predefined customer identification rules. A determination is made that activation of the header account for the customer is compliant with the predefined customer identification rules. An activation message is sent to the customer's device using the interface processor, the header account is linked to a digital wallet on a database, and the customer's designation of a source account for the digital wallet is received on the database. The header account can be used in transactions with either on-us or off-us source accounts.02-14-2013
20100161486METHODS AND SYSTEMS FOR PAYING A BILL USING A TRANSACTION CARD ACCOUNT - A computer-based method for paying a bill using a transaction card account is performed using an interchange computer coupled to a memory. The method includes submitting bill pay data by a consumer for processing by a bill payment outsourcer, receiving the bill pay data and an authorization message, processing the bill pay data and the authorization message for transmission to an issuer associated with the transaction card, and receiving an approval message from the issuer after the issuer has confirmed that the transaction card account includes sufficient funds to pay the submitted bill. The approval message is provided to the bill payment outsourcer. Funds data representing a transfer of funds from the transaction card account is transmitted to the biller for paying the bill.06-24-2010
20100106642METHOD AND SYSTEM FOR DELAYED PAYMENT OF PREPAID CARDS - Methods and systems provide prepaid cards. The method includes, responsive to receiving a delayed payment at a purchase terminal, providing a prepaid card to a purchaser, the prepaid card redeemable for a consideration by a card recipient. The method includes processing the delayed payment. The method includes, responsive to an expiration of a predetermined amount of time, determine if a balance remains on the prepaid card. The method includes refunding a remaining balance.04-29-2010
20100332387Method, Apparatus, and Computer Program Product for Allowing Payment Cards Issued for Only Limited Duration Use to be Reused Multiple Times to Reduce the Overall Cost of Issuance - A recyclable contactless payment device is issued to a first patron of a venue. Use of the contactless payment device at the venue by the first patron is facilitated, as is return of the contactless payment device by the first patron for recycling. The contactless payment device is deactivated and stored. The issuing and facilitation of use are repeated for at least a second patron of the venue, with the same recyclable contactless payment device.12-30-2010
20100094753P2P TRANSFER USING PREPAID CARD - A method and system for making a payment is disclosed. In the method, a Payor can specify an account from which to withdraw funds for the payment and specify an activation code necessary to activate the payment. The payment can be sent to a Payee in the form of a pre-paid transaction account. The account will not be activated unless the Payee provides the activation code. Funds can be withdrawn from the account specified by the Payor either in full at the time the payment is made or are withdrawn as the Payee uses the transaction account to access the funds.04-15-2010
20120166333DIGITAL WALLET - A digital wallet that facilitates fast, convenient, and secure commerce using a mobile electronic device (or non-mobile electronic device) and stores information associated with transactions, such as purchase confirmations and receipts. The digital wallet can store information for use in transactions, including information associated with one or more financial accounts, user information, and shipping information. To complete an online purchase, the digital wallet can interact with a merchant's website to obtain information regarding the purchase. The digital wallet provides a user interface for the user to review and confirm the purchase information. The user interface also allows the user to select from multiple payment options, customize shipping information, or provide information requested by the merchant. The digital wallet can transmit user confirmation to the merchant's website and receive a receipt for the purchase. The digital wallet can store the receipt and synchronize the receipt with a remote storage location.06-28-2012
20130030997PORTABLE E-WALLET AND UNIVERSAL CARD - Universal cards are used in place of all the other traditional cards which a person may want to carry. The universal card can include a short range communications transceiver to communicate with a mobile device. The mobile device can include a user interface and an e-wallet application so that the user can interface with the e-wallet application for programming the universal card via the short range communication link. Once programmed, the universal card emulates a function of a traditional card.01-31-2013
20090043702PROXY CARD REPRESENTING MANY MONETARY SOURCES FROM A PLURALITY OF VENDORS - A proxy card used at an ATM or at any vendor store that has a legacy point of sale unit or at a store with the smart point of sale. In general, it can be used with any vendor and otherwise as any credit or debit card might be used. The point-of sale unit interacts with a multi-source processing system (MSPS) that, instead of servicing a single money source, interacts with more than one of a plurality of monetary sources that may be associated with the proxy card. The money transferred from credit or debit accounts of the user may be either transferred directly or indirectly via a proxy central account associated with the MSPS that a user maintains.02-12-2009
20090307132ENHANCED USER INTERFACE FOR CONTACTLESS PAYMENT FUNCTION IN MOBILE TELEPHONE - A payment card account number is downloaded to a contactless payment application program stored in a mobile telephone. In association with the payment card account number, at least one image that represents a payment card is also downloaded to the contactless payment application program stored in the mobile telephone. The at least one card payment card image displays the downloaded payment card account number.12-10-2009
20090307131Payment and settlement over the internet with internet currencies - A method of payment and settlement over the Internet with Internet Currencies for purchases of products and services or their equivalents over the Internet, it can be used for payment and settlement over the Internet for other purposes as well. It is secure, convenient and flexible for every consumer and therefore can greatly increase the Internet business.12-10-2009
20090307130METHOD AND SYSTEM FOR DELAYED PAYMENT OF PREPAID CARDS - A method and system for accepting delayed payment of prepaid cards is described. The method includes providing a prepaid card to a purchaser, the prepaid card associated with a face value. The method includes, responsive to a redemption of the prepaid card, providing a consideration in accordance to the face value. The method includes receiving a payment for the prepaid card after the consideration has been provided.12-10-2009
20090112761TRANSACTION PRODUCT WITH MEMORY - A transaction product includes a memory, a housing, an electrical connector and an account identifier. The housing encloses the memory. The electrical connector is securely electrically coupled with the memory and is configured to be selectively received by a socket of a computing device such that the computing device can access the memory via the electrical connector. The account identifier links the transaction product to an account or record, the account identifier being machine readable by a point-of-sale terminal such that value can be added to or deducted from the account or record using the account identifier. Other product, cards, assemblies and associated methods are also disclosed.04-30-2009
20130073459DIGITAL EXCHANGE AND MOBILE WALLET FOR DIGITAL CURRENCY - Techniques are provided for managing a digital wallet on behalf of a user. A user causes one or more value-ascertainable items (such as gift cards) to be reflected in the user's digital wallet. Once a value-ascertainable item is reflected in the digital wallet, the user may access the digital wallet and use the value-ascertainable item to make a purchase from a merchant that is capable of redeeming the value-ascertainable item. Alternatively, an exchange service that maintains the digital wallet allows the user to exchange the value-ascertainable item for another value-ascertainable item, whether of the same type item or a different type of item. The exchanged-for item may be used to make a purchase from a merchant that is capable of redeeming the exchanged-for item.03-21-2013
20130073458OPEN WALLET FOR ELECTRONIC TRANSACTIONS - A system for completing a transaction between a first party and a second party is provided. The system includes at least one processor programmed to receive a request for personal data to complete the transaction from the second party using an open commerce wallet exchange (OCWE) protocol. The processor is further programmed to receive a selection of one of one or more banking applications and/or wallets associated with the system from the first user. The one or more banking applications and/or wallets include the personal data or access to the personal data. The processor is further programmed to receive the personal data from the selected banking application and/or wallet and provide the merchant with the personal data using the OCWE protocol to complete the transaction.03-21-2013
20130060688Method and System for Routing Transactions to a Mobile-Commerce Platform - A method and system for routing transactions to a mobile-commerce platform is described. One illustrative embodiment receives, via a network, a purchase request from a user's mobile communication device; authenticates the user to the mobile-commerce platform; generates a one-time-use perishable transaction code associated with the purchase request; prefixes to the transaction code an Issuer Identification Number (IIN) corresponding to the mobile-commerce platform to form a combined number; returns the combined number to the user's mobile communication device via the network to enable the user to provide the combined number to a merchant's point-of-sale system in connection with a transaction corresponding to the purchase request; and receives, via a payment network in communication with the merchant's point-of-sale system, the transaction code and transaction details associated with the transaction, the IIN informing the payment network to route the one-time-use perishable transaction code and the transaction details to the mobile-commerce platform.03-07-2013
20130060687MOBILE TERMINAL AND CONTROLLING METHOD THEREOF - A mobile terminal and controlling method thereof are disclosed, which facilitates a terminal to be used in further consideration of user's convenience. According to at least one of embodiments of the present invention, a strict authentication procedure for expense payment can be performed via a simple and convenient user interface between a mobile terminal and a terminal user. In particular, since at least one of a selection and authentication of a payment means of the mobile terminal can be performed via at least one of an aligned direction, a moving direction and a moving track of the mobile terminal, the user interface between the mobile terminal and the terminal user for the expense payment can be further simplified.03-07-2013
20130060686VIRTUAL DEBIT CARD - A method, system, terminal, and media for processing a request for a virtual debit card are provided. The terminal is configured to receive the request for the virtual debit card from a user and to transmit the request to a merchant processor. The request is anonymous with respect to the user. The merchant processor is configured to receive the request, determine a card number of the virtual debit card, and transmit the card number to the terminal. The terminal is configured to receive the card number from the merchant processor and to provide a receipt to the user including the card number. The terminal receives the request for the virtual debit card without receiving any personal identity information from the user and provides the receipt to the user without the card number being associated with the user.03-07-2013
20090271315PORTABLE DEVICE INCLUDING ALTERABLE INDICATOR - A consumer device is disclosed. It includes a body, and a memory element coupled to the body, the memory storing a first account identifier associated with a first account, a second account identifier associated with a second account, and an alterable flag linking the first account and the second account.10-29-2009
20090271314Electronic money system and electronic money terminal - An electronic money system terminates communication to a management center indistinguishably from a case in which the communication to the management center is completed within a predetermined period when it is impossible to complete the communication to the management center within the predetermined period. By switching an operation mode, a predetermined portable terminal is used instead of a communication line to upload and download data. When it is impossible to obtain data required for processing through the communication line, processing is performed based on data possessed up until that time.10-29-2009
20080294554AUTOMATED TRANSFER WITH STORED VALUE FUND - According to the invention, a method for automatically transferring credit between a stored value fund and a handler using a wide-area computer network is disclosed. In one step, automated transfer information is received at a server computer system from the wide-area computer network that is coupled to a user associated with the stored value fund. The handler chosen by a user for an automated transfer, the direction of the automated transfer with respect to the stored value fund and an amount for the automated transfer are determined. The amount is automatically transferred between the stored value fund and the handler.11-27-2008
20120226608Systems, Methods and Computer Program Products for Wirelessly Preprocessing a Transaction While in a Queue for a Point-of-Transaction - A transaction is preprocessed wirelessly in response to a wireless transaction preprocessing user device being in a queue for a point-of-transaction. The transaction that was preprocessed is then completed in response to the wireless transaction preprocessing user device reaching the point-of-transaction. Financial transactions and/or purchase of goods and/or services may thereby be preprocessed wirelessly and then completed at a point-of-transaction. Related devices and computer program products are also disclosed.09-06-2012
20090030839Method for Synchronizing Credit Point Data - A method for synchronizing credit point data can be applied in a smart card having a contact module and a contactless module. The contact module comprises a contact module storage unit for storing first credit points, and the contactless module comprises a contactless module storage unit for storing second credit points. When the contact module is utilized to update the credit points, at the beginning, the first credit points is set as the second credit points, the first credit points is updated, and then the second credit points is set as the updated first credit points.01-29-2009
20130066776PAYMENT DEVICE - A program for running on a processor of a portable payment device is adapted for carrying out a payment interaction and permitting ticket storage in a memory of the portable payment device. The program is configured to interact with an access point and includes a set of instructions, a first code portion and a second code portion. The set of instructions, when executed by the processor, causes the portable payment device to perform the steps of: responsive to a first message from said access point, executing the first code portion; and responsive to a second message from the access point, executing the second code portion. The first code portion includes first instructions corresponding to the payment interaction. The second code portion includes instructions corresponding to the payment interaction and second instructions corresponding to the ticket interaction.03-14-2013
20120116965SYSTEM AND METHOD FOR CONSOLIDATING NETWORK AND TRANSACTION FUNCTIONS ON A COMMUNICATION DEVICE - The present invention relates generally to a smart card device that is configured to facilitate wireless network access and credential verification. Specifically, the device is configured to meet the physical and electrical specification for commercially available mobile devices utilizing a standard Subscriber Identity Module (SIM) for network access. The device combines the features of the SIM with Common Access Card or Personal Identity Verification card features to allow a network subscriber to invoke secure payment transactions over a carrier's network. The system includes data storage for maintaining a plurality of network and transaction instrument profiles and a profile gateway for receiving transaction information from a payment gateway, sending an authorization request to a user's mobile device, receiving a transaction authorization from the mobile device, and sending transaction information to a payment gateway to finalize the payment transaction.05-10-2012
20120116964Method and system of transaction cards management through business network - The present invention provides a system and a method for managing transaction cards through a business network, with which, the management and the deposit of transaction cards can be implemented any where and any time without carrying the transaction cards with card holders and without providing card holders' confidential information to card providers, and with which, card holders can manage transaction cards, make deposits and access and update card information of the transaction cards any where and any time without carrying the transaction cards with him/her and without providing card holders' confidential information to card providers, and with which, card providers can manage transaction cards and receive deposits any where and any time without requiring card holders' confidential information, wherein all the activities of transaction cards are recorded and reviewable.05-10-2012
20120197794SHARED MOBILE WALLET - The present invention provides embodiments of a shared account system that allows a primary user to add one or more dependent users to one or more accounts of the primary user in order to control and monitor the transactions made by a dependent user using a shared payment system. The primary user can set preferences, including spending limits, specific time frames within which the dependent user can make a purchase, or restrictions on transactions made at a store or for a product. The shared payment system may be a shared mobile wallet, such as a smartphone or PDA, which allows a user to enter into transactions. The shared mobile wallet allows the dependent user to make a purchase at a store or over a network by transmitting through a connection between the shared payment system and the merchant systems used to make the transaction.08-02-2012
20130166445SYSTEM AND METHOD FOR PROCESSING GIFT CARDS WHICH HIDE SOME GIFT CARD DATA - Disclosed herein is a method for enabling gift card recipients to redeem gift card amounts using existing payment accounts. A method identifies a giver and recipient of a gift card amount and associated accounts. A policy is established which governs how the gift card is redeemed, such as a specific merchant or item. A notification is sent to the recipient that hides a parameter of the policy. When the recipient takes an action associated with the parameter, the parameter is revealed to the recipient. The recipient makes purchases using their normal purchasing credit/debit card via a qualifying purchase according to the policy, and the gift card is applied automatically.06-27-2013
20130024372PORTABLE E-WALLET AND UNIVERSAL CARD - Universal cards are used in place of all the other traditional cards which a person may want to carry. The universal card can include a short range communications transceiver to communicate with a mobile device. The mobile device can include a user interface and an e-wallet application so that the user can interface with the e-wallet application for programming the universal card via the short range communication link. Once programmed, the universal card emulates a function of a traditional card.01-24-2013
20130024371ELECTRONIC OFFER OPTIMIZATION AND REDEMPTION APPARATUSES, METHODS AND SYSTEMS - The ELECTRONIC OFFER OPTIMIZATION AND REDEMPTION APPARATUSES, METHODS AND SYSTEMS (“EOOR”) transform payment card information, user payment card selection preference, and purchase inputs via EOOR components into card addition completion. In one implementation the EOOR performs a method, comprising: receiving a purchase order request via a consumer wallet device; determining a wallet account identifier from the purchase order request; determining a merchant from the purchase order request; retrieving a payment card identifier of at least one payment card associated with the wallet account identifier; generating an offer data query on the payment card identifier; executing the offer data query and retrieving offer data; obtaining user payment card and offer selection preference data; determining an optimized payment card and offer selection based on the user payment card and offer selection preference data; and executing a payment transaction using the optimized payment card and offer selection in response to the purchase order request.01-24-2013
20110282784SYSTEMS AND METHODS FOR REASSIGNMENT OF A VIRTUAL CARD - A method stored in memory executable by a processor for transferring ownership of a virtual value card in a virtual card management system is provided. The method includes, at a virtual card manager, receiving a request for reassignment of the virtual value card from a source virtual card engine to a target virtual card engine at a virtual card manager. The method further includes, at the virtual card manager, modifying card data in a manager-side associative card profile included in the virtual card manager and requesting modification of card data in a provider-side associative card profile to permit use of the virtual value card by the target virtual card engine and inhibit use of the virtual value card by the source virtual card engine in response to reception of the request for reassignment.11-17-2011
20110264584Portable Consumer Device for Use in Currency Conversion Process - A server computer including a processor and a computer readable medium coupled to the processor. The computer readable medium includes code executable by the processor. The code includes code for determining a load value loaded on a portable consumer device in a first currency and code for converting at least a portion of the load value to a second currency using an exchange rate associated with the first currency and the second currency, where the exchange rate is associated with a set date. The set date may be a current or future date.10-27-2011
20110040682AUTOMATED FUNDING FOR PREPAID CARD - Systems and methods for funding prepaid cards or prepaid accounts in a prepaid account payroll program are presented. In one embodiment, a payroll program having employers who pay into employees' prepaid card accounts is presented. An additional prepaid account is provided for the employer, and the employer transfers funds into the additional prepaid account before the funds are disbursed from the additional prepaid account into the employees' prepaid card accounts. This transfer can be accomplished entirely within a network of a payment processing company so as to avoid interchange and merchant fees charged by banks.02-17-2011
20100198727Virtual terminal for payment processing - In some embodiments, a process for performing transaction tasks using a virtual terminal comprises: presenting functions to a user, receiving a selected function, and performing the selected function. The presented functions may comprise: (a) activating at least one card; (b) deactivating a card; (c) generating a PIN; (d) inserting value; (e) generating an End of Day report; and (f) managing users.08-05-2010
20110288993SMARTCARD TRANSACTION SYSTEM AND METHOD - A method for facilitating biometric security in a smartcard-reader transaction system is provided. The method includes determining if a transaction violates an established rule, such as a preset spending limit. The method also includes notifying a user to proffer a biometric sample in order to verify the identity of said user, and detecting a proffered biometric at a sensor to obtain a proffered biometric sample. The method additionally comprises verifying the proffered biometric sample and authorizing a transaction to continue upon verification of the proffered biometric sample.11-24-2011
20110295744GIFT CARD PROCESSING - The present invention extends to methods, systems, and computer program products for processing gift cards. Some embodiments permit a user to aggregate value from a plurality of merchant specific gift cards onto a universal gift card useable at a variety of merchants. Embodiments also facilitate ignoring and/or adding restrictions from merchant specific gift cards when values are aggregated. Unused balances from universal card accounts can be transferred to an interest bearing account for the benefit of a universal card management system. In other separate embodiments, characteristics of a plurality of other types of cards, such as, rewards cards, are aggregated under a user card account.12-01-2011
20130218765GRADUATED SECURITY SEASONING APPARATUSES, METHODS AND SYSTEMS - The GRADUATED SECURITY SEASONING APPARATUSES, METHODS AND SYSTEMS (“GSS”) transform user virtual wallet activity and historical fraud reports via GSS components into transaction authorization triggers generated pursuant to graduated, transaction risk-appropriate, escalated security protocols. In one implementation, the GSS obtains a current transaction request, the request utilizing a user virtual wallet account for payment. The GSS identifies a transaction risk type associated with the request, and calculates a transaction risk level associated with the transaction risk type. Based on the transaction risk level, the GSS selects a security protocol for processing the current transaction request; and provide a security data request in accordance with the selected security protocol. The GSS also generates an offer, for an entity involved in processing the current transaction request, of a financial incentive in exchange for assuming the transaction risk level associated with the transaction risk type; and provides the offer for the entity.08-22-2013
20130191279MOBILE DEVICE WITH REWRITABLE GENERAL PURPOSE CARD - A mobile device with a rewritable general purpose card is disclosed. The mobile device includes a mobile wallet accessible to the user such that the user may select a payment vehicle (e.g., debit card, credit card, gift card, etc.) or other vehicle (e.g., merchant loyalty cards, membership cards, rewards cards, medical cards, insurance cards, identification cards, etc.) and encode data related to that vehicle to the rewritable general purpose card. The user may then utilize the encoded general purpose card to make a transaction. Generally, the general purpose card includes one or more displays which may be configured to display information, graphics, data, etc. (e.g. account number, expiration date, user identification such as name and/or photograph, card brand logo, bar codes or other codes readable to an electronic device, etc.).07-25-2013
20130191281CARD WITH ILLUMINATED CODES FOR USE IN SECURE TRANSACTIONS - A card for use in secure transactions includes a card body having a first major surface and a second major surface, the first major surface having a combination of a plurality of symbols disposed thereon. The card body has a plurality of LEDs disposed in connection with the plurality of preprinted symbols, individual ones of LEDs being disposed to identify respective individual ones of the plurality of symbols when illuminated. An LED controller is coupled to the plurality of LEDs and operable upon actuation to selectively illuminate individual ones of the plurality of LEDs to identify a sub-combination of the plurality of symbols, thereby providing an illuminated one-time code for use in a secure transaction.07-25-2013
20120066122Digital Currency Gift Cards and Their Methods of Production - Gift cards and/or placards as disclosed herein include: a) a card, placard or combination thereof, b) a graphic design related to the use of the card, placard or combination thereof, and c) a designated PIN space on the card, placard or combination thereof. Methods of producing a gift card for use in online environments are also described that includes: a) providing a card, placard or combination thereof that includes a PIN space, b) providing a printing apparatus, c) providing an individual PIN number; and d) using the printing apparatus to print the individual PIN number in the PIN space.03-15-2012
20110218911PORTABLE E-WALLET AND UNIVERSAL CARD - Universal cards are used in place of all the other traditional cards which a person may want to carry. The universal card can include a short range communications transceiver to communicate with a mobile device. The mobile device can include a user interface and an e-wallet application so that the user can interface with the e-wallet application for programming the universal card via the short range communication link. Once programmed, the universal card emulates a function of a traditional card.09-08-2011
20100114768Payment vehicle with on and off function - A computer-based network system and method for using a payment vehicle having an on and off function. The system comprises a payment vehicle comprising an on and off function to enable or to disable the payment vehicle in the computer-based network for processing an electronic payment transaction, a holder of the payment vehicle, and a computer payment network wherein the computer payment network comprises a transaction engine for enabling or for disabling the payment vehicle at a request of the holder of the payment vehicle.05-06-2010
20080208745METHOD AND APPARATUS FOR DISTRIBUTION OF GREETING CARDS WITH ELECTRONIC COMMERCE TRANSACTION - A system for enabling on-line creation of greeting cards and distribution of the cards with gifts also purchased on-line includes a server system and one or more client systems. The server system is accessible online and enables network users to select and customize electronic versions of greeting cards. The customizations to the cards, as well as data identifying the card, the network user, the card recipient, and a vendor, are transmitted to a client system located at the vendor's distribution facilities. The transmitted information is utilized to print the card in hard copy form for shipment by the vendor to the designated recipient. In the disclosed system, a network user may view the card including any customizations in WYSIWYG format.08-28-2008
20120109820Computer-Implemented Methods, Computer Program Products, and Systems for Enhanced Loan Product Repayments - A computer configured and programmed as a financial institution computer, method, and system to schedule and obtain loan repayments from a customer, including flexible loan repayment mechanisms and schedules corresponding to expected deposit dates, e.g., multiple paydays. The computer can determine a repayment schedule for one or more loans responsive to an electronic loan request by the customer, direct deposit data for the customer, and preselected loan product parameters. The computer can monitor an account for an expected direct deposit from a first time prior to an expectation date of the expected direct deposit and up to a second time after the expectation date for the expected direct deposit to thereby define a time period around the expected direct deposit. The computer can obtain one or more repayments responsive to a receipt of the expected direct deposit, the expected direct deposit being one of a predetermined hierarchy of deposit sources.05-03-2012
20120036066Consumer Self-Activated Financial Card - A pre-encoded financial card is disclosed along with a system and method allowing a user to attach it to pre-existing accounts and activate it instantly.02-09-2012
20100088228Method and System For Dual Layer Authentication For Electronic Payment Request In Online Transactions - Increasing the security of online payment requests by introducing a dual-layer authentication system for accessing the funds and/or credit through payment cards is described. An additional check regarding the identity of a card user to be included within a traditional security protocols for these cards, wherein the additional check is based on an authentication channel which is external to the user's card. A device owned by the legitimate card owner certifies that the user of the card at any given instant is the legitimate owner of the card and not someone else. To process this additional information, a connection by means of a proximity based device is established.04-08-2010
20110173121METHOD AND SYSTEM OF CONTACTLESS INTERFACING FOR SMART CARD BANKING - A method and system of smart card banking utilizes a contactless communication interface, such as infrared or a wireless or radio frequency interface, including, for example, a proximity interface. A contactless communication is initiated for a smart card user between a smart card application and the on-line system of a financial institution, such as a bank, the system verifies authorization for the communication, the information is communicated for the user to the on-line system. The contactless communication is initiated, and the information is communicated, for example, between a contactless interface transceiver of a personal data assistant, into which the smart card is inserted, and the contactless interface transceiver of an on-line terminal. Alternatively, the contactless communication is initiated, and the information is communicated between a contactless interface transceiver of the smart card and the contactless interface transceiver of the terminal.07-14-2011
20100088229VALUE MANAGEMENT METHOD IN A PREPAID DEVICE - A method to secure a prepaid device for access to audio/video content having the possibility of reimbursement of the unused balance upon presentation of the aforementioned device to a control center by managing an account value in the prepaid device, the prepaid device including an identifier unique to each device and a control value, the method comprising: receiving of a request to modify the account value by an amount; calculating a new account value by modifying the account value by the amount, determining a number of steps, the number of steps being determined according to a function expressing the modification of the new account value relative to the account value; and modifying the control value by executing at least one one-way function on said control value a number of times equal to the number of steps.04-08-2010
20100088227Secure Financial Transactions - a primary account number (“PAN”) of a conventional credit or debit account with a bank or other financial institution is emulated or simulated, which incorporates, in encrypted form, the actual account number. The simulated PAN may also incorporate an amount to be debited from that account. Thus, an account number and an amount are encrypted and mapped into a string of digits which appears to be a valid PAN. The actual account number and the transaction amount are thus embedded in the simulated PAN. The simulated PAN is then processed by existing financial transacting infrastructure, with the issuing bank knowing that it is not a PAN and that the appropriate digits are to be decrypted to provide the embedded account number and the embedded amount. In one application, a transactor wishing to effect a financial transaction, generates a simulated PAN and supplies it to a supplier of goods or services from whom he wishes to purchase said goods or services. The supplier enters the simulated PAN and the amount of the transaction in a conventional way. This data is then transmitted to an acquiring bank, which onwardly transmits it to the issuing bank for authorisation. The issuing bank then extracts the embedded account number and embedded amount, checks that the embedded amount and the supplied amount are the same (as well as other conventional checks), and if they are the same authorizes the transaction. Those skilled in the art will appreciate that, in most instances, a transactor is required to provide an expiry date and a card verification value (“CVV”). Either or both of these could also be simulated and used to encrypt information04-08-2010
20100100481METHODS AND SYSTEMS FOR EXCHANGING AND/OR TRANSFERRING VARIOUS FORMS OF VALUE - Methods and systems for exchanging various forms of value, including coins, currency, credit, debit, and/or bank account funds, for prepaid cash cards, credit cards, phone cards, and the like. In one embodiment, a value exchange machine includes a coin input region, a coin sorting/counting apparatus, a card reader, and a communications facility configured to communicate with a remote computer network. In another embodiment, a value exchange system includes one or more of the value exchange machines connected to one or more remote computers via a communications link. A user wishing to purchase, for example, a prepaid cash card can visit one of the value exchange machines, select the desired transaction, and pay for the card with coins, currency, a credit card, a debit card, and/or bank account funds. After confirming payment, the value exchange machine dispenses the card to the user.04-22-2010
20100082481Peer-to-peer financial transaction devices and methods - Various techniques are provided for carrying out peer-to-peer financial transactions using one or more electronic devices. In one embodiment, a request for payment is transmitted from a first device to a second device using a near field communication (NFC) interface. In response to the request, the second device may transmit payment information to the first device. The first device may select a crediting account and, using a suitable communication protocol, may communicate the received payment information and selected crediting account to one or more external financial servers configured to process and determine whether the payment may be authorized. If the payment is authorized, a payment may be credited to the selected crediting account. In a further embodiment, a device may include a camera configured to obtain an image of a payment instrument. The device may further include an application to extract payment information from the acquired image.04-01-2010
20110173120REMOTE RECHARGEABLE PREPAID CELLULAR SERVICE PERIPHERAL DEVICE - An integrated prepaid cellular service and telephone unit including a cellular transceiver, a storage unit, a processor; and a credit/debit card interface. In a further aspect, the invention includes code for contacting a cellular provider, transmitting user debit/credit information, receiving a quantity of pre-paid cellular service units, storing the units, and allowing use of the cellular transceiver as long as said units does not equal zero.07-14-2011
20090287606SYSTEM AND TERMINAL DEVICE FOR ELECTRONIC MONEY TRANSACTION ON INFORMATION AND METHOD THEREOF - An electronic money transferring method that enables the payment of electronic money through an electronic money transferring system with reliability. An external information processor is operated to enter the product number of a desired product, and then a host apparatus sends information about electronic money information indicating an amount of money necessary for purchasing the product, etc. to a control unit. The data processing unit reads electronic money information indicating the amount of money from an IC card. The electronic money information is transferred to the host apparatus.11-19-2009
20080208741ACCOUNT INFORMATION LOOKUP SYSTEMS AND METHODS IN MOBILE COMMERCE - Methods, systems, and machine-readable media are disclosed for providing account information to a mobile wallet application in a mobile commerce system. According to one embodiment, a method of providing account information for a financial account to a mobile wallet of a mobile device can comprise receiving at a mobile wallet server a request for the account information. For example, the account information can comprise an account balance. In another example, the account information can comprise an account transaction history. An account inquiry can be sent from the mobile wallet server to an acquirer system. The account information can be received at the mobile wallet server from the acquirer system and sent from the mobile wallet server to the mobile wallet of the mobile device.08-28-2008
20080208744MOBILE COMMERCE SYSTEMS AND METHODS - Methods, systems, and machine-readable media are disclosed for utilizing mobile electronic devices in various types of financial transactions. According to one embodiment, a method of providing a plurality of mobile commerce functions can comprise receiving a communication related to a function of a mobile wallet application of a mobile device. One or more of a plurality of acquirer systems for handling of the communication can be identified based on the function of the mobile wallet application to which the communication relates. The communication can be routed to the identified one or more acquirer systems for handling of the communication. In some cases, a reply to the communication can be received from at least one of the identified one or more acquirer systems and the reply can be sent to a recipient.08-28-2008
20080208742PROVISIONING OF A DEVICE FOR MOBILE COMMERCE - Methods, systems, and machine-readable media are disclosed for provisioning information to a mobile device in a mobile commerce system. According to one embodiment, a method of provisioning information to a mobile wallet application of a mobile device can comprise receiving at a mobile wallet server registration information for the mobile device from an acquirer system. A determination can be made based on the registration information as to whether the mobile wallet of the mobile device has been previously provisioned. In response to determining that the mobile wallet of the mobile device has not been previously provisioned, a new mobile wallet can be created for the mobile device. A notification can then be sent from the mobile wallet server to the mobile device, the notification indicating the mobile wallet is available for download.08-28-2008
20090276356SYSTEM AND METHOD FOR DISTRIBUTION OF PAYMENT MEDIA - Systems and methods of the present disclosure provide a method for distributing payment media to a customer. In various embodiments, the systems and methods include receiving a request from a user via a network, generating a virtual payment number related to the user, associating the virtual payment number to an RFID chip embedded in a sticker, and distributing the sticker to the user via, for example, the mail.11-05-2009
20090287605Pre-Paid Card Transaction Computer To Load A Loan On A Pre-Paid Card - A loan transaction for a pre-paid card is approved for a borrower so that release of the loan proceeds is pending an activation of a pre-paid card. A pre-paid card transaction computer activates a pre-paid card responsive to an activation request on behalf of the borrower. The pre-paid card transaction computer indicates the activated pre-paid card is to be used with a loan transaction pending the activation of the pre-paid card. The pre-paid card transaction computer loads the pending loan proceeds to the pre-paid card so that the loan proceeds are released to the approved borrower and are immediately available to thereby convert the pre-paid card into a loan delivery apparatus.11-19-2009
20120143754ENHANCED CREDIT CARD SECURITY APPARATUS AND METHOD - A credit card, debit card, or other similar financial instrument is disclosed with the temporary assignment of a dynamic CVV for increased card security. The dynamic CVV is read, changed, and rewritten to the card with each transaction. To facilitate online purchases, a static CVV may also be provided for manual entry. Alternatively, the static CVV may be a reminder enabling a user to remember an unmarked static CVV, such as reading the digits in an order selected by a user, much like a PIN number.06-07-2012
20120143753SYSTEM AND METHOD FOR ONLINE BUYING TO AGGREGATE PAYMENTS FROM TWO OR MORE PEOPLE - A system and method for implementing a group payment transaction. A group payment transaction is initiated by a group leader. Payment information for a plurality of group members are received. Each group member's credit card is pre-authorized for an agreed to amount, but not finalized until a later time. Upon one or more triggers being satisfied, all of the pre-authorized credit card transactions are captured and finalized. The group may remain open or be closed at this point. If it remains open, additional group members may join the group until a maximum trigger value is satisfied.06-07-2012
20090313165TRANSACTION AUTHORISATION SYSTEM & METHOD - A transaction authorisation system for allowing a customer to authorise transactions relating to an institution account, the system including a data storage for enabling access to identification data associated with the customer and a remote communication device (RCD) of the customer, and security identifier data associating the customer account with the identification data. The system also includes a communication device for receiving an authorisation request, which is referenced to the security identifier data, in relation to the transaction from the institution and for enabling communication with the customer via the RCD to authorise a transaction on the customer account. A system data processor identifies the customer and RCD using the identification data and determines if the transaction is authorised by the customer. The communication device provides an indication, which is referenced to the security identifier data, to the institution of whether or not the transaction is authorised by the customer.12-17-2009
20120296819METHOD FOR OPERATING AN E-PURSE - The invention discloses a method for operating an e-purse, relating to the information security field. The method includes that a CPU card enters into a contactless induction area of a terminal, is powered up and initialized, receives an operation initializing instruction from the terminal, reads and stores data comprising transaction amount in the operation initializing instruction, and performs the related operation. The operation initializing instruction is a complex loading initializing instruction or a purchase initializing instruction. The data comprises transaction amount.11-22-2012
20080243688Method and Apparatus for Recording Transactions with a Portable Logging Device - Method and apparatus for recording transactions with a portable logging device are described. In one embodiment, examining a first log stored on a first, portable device and a second log associated with a second device; and determining that the portable device interacted with the second device based on one or more entries in the first and second logs.10-02-2008
20090265272MONEY TRANSFERS UTILIZING A UNIQUE RECEIVER IDENTIFIER - Methods, systems, and machine-readable media are disclosed for financial transfers utilizing a unique identifier to facilitate flexible payment options for the transaction. According to one embodiment, a pull transaction model can be implemented. According to such embodiments, a money transfer can be initiated in a conventional manner via an agent of a money transfer facilitator. The sender of the transfer can provide an identifier for the transaction to the recipient. The recipient can in turn use the identifier, in combination with functionality of a mobile wallet application of a mobile device to request or “pull” the money transfer to an account associated with the mobile wallet application. In this way, the recipient can receive the transfer to the mobile wallet account even if the sender does not know that such a delivery is available.10-22-2009
20090265271PREPAID PORTABLE CONSUMER DEVICE INCLUDING ACCUMULATOR - A portable consumer device may have money stored therein, which can be calculated using an accumulator record. The accumulator record can be incremented by the amount of any transaction using the portable consumer device. The accumulator record can retain the value of the prior transactions, upon additional funds being collected on the portable consumer device.10-22-2009
20090265270Token activation - A method of activating a taken at a self-service terminal is described. The method comprises receiving an active token (such as a financial card) from a customer. The terminal then authenticates the customer using the active token and an associated identifier, which may be a PIN. The terminal then receives an inactive token from the customer (such as a newly-issued card), and validates that the inactive token relates to the same customer as the active token. In the event of successful validation, the terminal then activates the inactive token, either directly or indirectly.10-22-2009
20080208743TRANSFER OF VALUE BETWEEN MOBILE DEVICES IN A MOBILE COMMERCE SYSTEM - Methods, systems, and machine-readable media are disclosed for handling payment transactions in a mobile commerce system and initiated between mobile devices. According to one embodiment, a method of processing a payment transaction from a first mobile wallet application of a first mobile device to a second mobile wallet application of a second mobile device in a mobile commerce system can comprise receiving at a first acquirer system a communication from the first mobile device. The communication can be related to the payment transaction and can include information identifying a first financial account from which a payment is requested. A second acquirer system for authorizing the payment can be identified based on the information identifying the first financial account. The communication can be sent to the second acquirer system for authorization of the transaction based on the information related to the first financial account.08-28-2008
20080222036MOBILE TERMINAL - A mobile terminal capable of causing the user side to grasp whether or not a credit settlement service stops with a simple operation is provided. In the mobile terminal 09-11-2008
20120296818METHOD FOR AUTHORIZING THE ACTIVATION OF A SPENDING CARD - A method of authorizing the activation of a card holder's spending card is provided. The method includes receiving a request from the card holder to authorize the activation of the spending card and then requesting identity verification of the card holder. Following the identity verification request, the method includes obtaining a geographic location of the card holder. After determining the geographic location of the card holder, the method may include temporarily activating the deactivated spending card and instructing the card holder to conduct at least one transaction with the spending card at at least one selected location, wherein the selected location is selected based on the geographic location of the card holder. Spending card activity may be monitored to determine whether the at least one transaction was completed, and, based on whether the at least one transaction was completed, the activation of the spending card may be authorized.11-22-2012
20100153267OFF-LINE ACTIVATION/LOADING OF PRE-AUTHORIZED AND CLEARED PAYMENT CARDS - A method of loading pre-authorized funds into an integrated circuit (IC) payment card includes interfacing the IC payment card to a loading device. The method further includes receiving a cash payment to cover a proposed load transaction, and operating the loading device to load pre-authorized funds into the IC payment card on an off-line basis.06-17-2010
20080270300SYSTEM AND METHOD FOR PERFORMING PERSON-TO-PERSON FUNDS TRANSFERS VIA WIRELESS COMMUNICATIONS - A funds-transfer system includes a processor and a memory storing control logic for causing the processor to enable a buyer to transfer funds to a seller via a mobile telephone. The control logic includes program code for causing the processor to receive a payment request transmitted from a mobile telephone of the buyer. The payment request is for a transfer of funds from a financial account held by the buyer to a financial account held by the seller, and the payment request is transmitted from a payment application stored in the buyer's mobile telephone. The payment request identifies a purchase amount to be transferred, and information identifying the financial account held by the buyer. The control logic also includes program code for causing the processor to charge the purchase amount to the financial account held by the buyer and to transfer the purchase amount to a financial account held by the seller. Additionally, the control logic includes program code for causing the processor to provide a payment acknowledgment to the buyer's mobile telephone and to the seller.10-30-2008
20100145850INFORMATION PROCESSING DEVICE AND INFORMATION PROCESSING METHOD - An electronic money server groups a parent who owns a parent mobile phone and children who own child mobile phones to be registered as a family, and credit information of the parent is also registered. When the child accesses the electronic money server by using the child mobile phone and specifies a money amount to request family charge, the electronic money server requests the parent mobile phone for permission of the family charge. When the parent grants the family charge, the electronic money server allows the parent mobile phone to decrease a value by the money amount specified by the child and to make the family settlement, and allows the child mobile phone to increase the value by this money amount and to effect the family charge. Further, the child mobile phone can accept issue of credit from a credit server on credit of the parent, thereby effecting the family charge.06-10-2010
20090144197MEDIA DEVICE PAYMENTS REMOTE CONTROL PERSONALIZATION AND PROTECTION - A server is operable to receive a media device identifying number (ID) and to create an established association between the media device with a payment account and to support at least one of payment authorization and payment clearing based at least in part on the media device ID and the payment account. The server is further operable to produce the payment account information to a smart card personalization service server to facilitate creation of a smart card with the payment account information that is associated with the media device. The server is also operable to produce the media device ID to the smart card personalization service server to facilitate creation of a smart card with the payment account information based in part on the media device ID.06-04-2009
20090198614Controlling the Value of a Plurality of Transactions Involving Payment Token - A method of controlling the value of at least one on-line transaction involving a token associated with an authorized user comprises the steps of: prior to the at least one proposed transaction, receiving at a pre-transaction authorisation station, pre-transaction authorisation data. The authorisation data comprises first time data relating to a time window within which the at least one proposed transaction must take place and first amount data relating to an amount with which a value of the at least one proposed transaction must comply. Substantially at the time of a proposed transaction, transaction data comprising second time data relating to a time instant of the proposed transaction and second amount data relating to a value of the proposed transaction is received at the authorisation station. The authentication data and transaction data are compared in real time at 08-06-2009
20090063341Stored value card redeemable for cash - Disclosed are systems and methods for providing a stored value card that is redeemable for cash value or merchandise, and so suffices to provide consideration.03-05-2009
20090192935ONE STEP NEAR FIELD COMMUNICATION TRANSACTIONS - A one step method for transferring money from a sender to a recipient includes entering information relating to the transfer into a near field communication (NFC) enabled data communication device of the sender and then placing the sender's device in close proximity to a NFC enabled data communication device of the recipient. The sender's device is operable when placed in contact with or close proximity to the recipient's device to 1) establish an NFC link between the two devices, 2) gather information relating to the recipient from the recipient's device via the NFC link, and 3) transmit the information relating to the transfer and the recipient to a third party service provider via another network, such as the Internet, and thereby cause the service provider to transfer the money from a funding account of the sender to a receiving account of the recipient.07-30-2009
20090063343METHOD AND SYSTEM TO PROVIDE CASHLESS REFUND - A computer-implemented system to provide a cashless refund, in one example embodiment, comprises a receiving module to receive a balance of a correctional facility account associated with a pre-released inmate information, a funds generator to generate a pre-released inmate payout amount based on the balance, a card dispenser to dispense a payout card in response to a pre-released inmate imminent release, the payout card including an encoded payout card number, a card activating module to activate the payout card by receiving the payout card into a payout card reader and associating a pre-released inmate information with the encoded payout card number, and a communication module to communicate to a card processor the pre-released inmate payout amount and that the payout card has been activated.03-05-2009
20090063340Contact-less transaction card and the method of the same - A contact-less transaction card includes a substrate, the substrate includes an IC coupled to a signal irradiation device to transmit and receive signal for transaction. The IC includes identify information of the individual.03-05-2009
20090063339SYSTEM AND METHOD FOR LOADING PREPAID DEBIT CARD AT AN ATM - Money is loaded onto prepaid debit cards at ATMs (without the use of clerk-assisted POS terminals). The network for processing transactions includes a debit/credit network with a ATM Load BIN table, which includes transaction permitted (TP) data associated with each bank identification number (BIN) appearing in the card number of the prepaid cards. If a load transaction is requested, the transaction is permitted and passed by the debit/credit network to the card issuer only if the TP data reflects that such a transaction is permitted.03-05-2009
20090055317Method and System of Distributing and Activating Storage Value Cards - A method of distributing stored value cards where value is not loaded to the account associated with each card until the card holder completes and activates process is disclosed. By delaying the funding of the settlement account associated with stored value cards until card activation, cash flow efficiencies and savings are achieved that make stored value card rebate plans and other marketing and loyalty programs economical.02-26-2009
20090055318TRANSACTION PRODUCT WITH REMOVABLE ARTICLES - A transaction product includes a housing, a tray, one or more articles and an account identifier. The tray is selectively maintained within and readily removable from the housing. The one or more articles are selectively maintained by the tray, and each of the one more articles are readily removable from the tray. The account identifier is associated with the housing and links the transaction product to an account or record having a value configured to be used toward one or more of a purchase and a use of goods or services. Other products, cards, assemblies and associated methods are also disclosed.02-26-2009
20090063342CHECK-CASHING/LOAN SYSTEM USING A VARIABLE AMOUNT ELECTRONIC FUNDS CARD - A rechargeable and disposable electronic funds (cash card) issued by a non-financial facility, such as a check cashing facility, a payday loan facility or a short term loan facility, is disclosed where the card substitutes for the cash and is labeled in the name of a bank type financial institution with which the non-financial facility has a relationship. The card can be charged with a variable amount on money. When used at a store for a purchase it can act like a debit card but need not have a name of the holder associated with (or embossed on) it like a gift card, so the user can remain anonymous. The card can be upgraded to a rechargeable or debit/credit card. The card can draw on an account or sub account of the check cashing service or of the bank.03-05-2009
20120078783METHOD, APPARATUS, AND SYSTEM FOR ENABLING PURCHASER TO DIRECT PAYMENT APPROVAL, SETTLEMENT, AND MEMBERSHIP SUBSCRIPTION USING MOBILE COMMUNICATION TERMINAL - The present invention relates to a payment system using a mobile communication terminal, and includes a transceiver having a dummy function, a purchaser mobile communication terminal, and a gateway. The transceiver having a dummy function transmits purchase information and merchant information, which are received from a POS system or a reader, in a Near Field Communication (NFC) manner. The purchaser mobile communication terminal performs user authentication, and transmits card information either selected by the purchaser or set depending on priorities, and the purchase information and the merchant information that are received from the transceiver. The gateway transmits the card information received from the purchaser mobile communication terminal to a card company server, receives payment approval from the card company server, and transmits the payment approval to the purchaser mobile communication terminal, the POS system or the reader.03-29-2012
20090099964SYSTEM AND METHOD FOR TRANSFERRING FUNDS TO A BENEFICIARY - In a method for transferring funds from a client in one country to a beneficiary in a second country, the client purchases an activation card from a retailer and the retailer sends funds corresponding to the purchase amount to a service provider account at a sending bank. The service provider obtains validation information from the client identifying the card as well as beneficiary identifying information, and confirms the fund transfer to the sending bank. Funds are then sent from the sending bank to a receiving bank in the second country, and placed in an account for the benefit of the beneficiary. The beneficiary is provided with a debit card which can be used to access the funds.04-16-2009
20090099965PREPAID EXPENSE CARD MANAGEMENT PLATFORM - In embodiments of the present invention capabilities are described for a prepaid expense card management platform, where the management platform may be presented as a graphical user interface. The prepaid expense card management platform allows businesses to increase spending control and decrease overhead time associated with the administering of reimbursement expenditures. Controls enabled include funds allocation, funds transfer, user account administration, user access, spend rules, reports generation, usage profiles, conditional access, time usage restrictions, location usage restrictions, settlements processing, and alerts.04-16-2009
20090106148PRE-PAID FINANCIAL SYSTEM - A pre-paid financial system using a common interface system is provided. Transactions are initiated on a number of different interfaces via a secure network or an unsecured network to a back-end system. The system maintains accounts funded via a pre-paid funding system. Transfers are made between users of the system after funding of the accounts is completed. The technology includes receiving a plurality of transaction requests from at least a first transaction interface and a second transaction interface via the insecure network. Each transaction interface receives user input including transaction instructions and outputs the instructions in a transaction request via the insecure network in a common syntax. The transaction command, transaction parameters, user token and authentication token are parsed and each transaction request authenticated. The request is evaluated against a set of permissible transaction rules and if the transaction request is permitted, the transaction is executed.04-23-2009
20090204539Portable Electronic Financial Management - An electronic wallet stores information regarding credit, membership and other accounts. The information may be accessed to facilitate monetary and other transactions utilizing the various stored accounts. The transactions are stored such that accurate account balances are maintained by the electronic wallet. Security measures prevent unauthorized users from accessing account information. The electronic wallet allows a user to program preset spending limits on the accounts stored in it. The electronic wallet includes a protective carrying case having a money clip and card holding slots.08-13-2009
20120197793DEPENDENT NOTIFICATION ALERT - Embodiments of the invention allow a primary user to add dependent users to one or more accounts (e.g., shared accounts) of the primary user, in order to control and monitor the transactions made by a dependent user who is authorized to make purchases using the user computer systems that are linked to the primary user's shared account. The shared account can be a credit account, a debit account, a credit line account, a pre-paid account, or any other type of account that can be used to pay for products. In other embodiments of the invention the primary user may be linked to the dependent user account, be it a shared account or the dependent user's own account, in order to receive notification alerts regarding the transactions that the dependent user is trying to make.08-02-2012
20100228668Method and System for Conducting a Transaction Using a Proximity Device and an Identifier - A proximity device transmits a first dynamic authentication value contactlessly to a terminal. The first authentication value is included in a discretionary data field of message data arranged in an ISO Track 1 and/or ISO Track 2 format. Message data is sent from the terminal to an issuer. The issuer separately derives a second authentication value and compares it with the first authentication value. An identifier associated with the primary account number (PAN) is also used and transmitted instead of the PAN.09-09-2010
20090083181Systems and Methods for Allocating an Amount Between Sub-Accounts - A financial account issuer facilitating transactions between accounts is disclosed. The invention provides sellers with an irrevocable method of receiving funds from a purchaser and for improving purchaser willingness to transact with an unknown party. The invention also enables the allocation of a portion or all of a charge or loyalty points to different transaction accounts issued by different issuers, or to sub-accounts.03-26-2009
20100217707AUTOMATED OPENING OF ELECTRONIC WALLET FUNCTION IN MOBILE DEVICE - A method includes bringing a mobile device into proximity with an indicium, the indicium adjacent a radio frequency identification (RFID) integrated circuit (IC), the RFID IC coupled to an antenna. The method further includes the mobile device reading a message from the RFID IC, where the message is transmitted by the RFID IC via the antenna. The method further includes the mobile device responding to the message by opening an electronic wallet function in the mobile device.08-26-2010
20090076958Systems and Methods for Establishing an Allocation of an Amount Between Transaction Accounts - A financial account issuer facilitating transactions between accounts is disclosed. The invention provides sellers with an irrevocable method of receiving funds from a purchaser and for improving purchaser willingness to transact with an unknown party. The invention also enables the allocation of a portion or all of a charge or loyalty points to different transaction accounts issued by different issuers, or to sub-accounts.03-19-2009
20120036068Multiple Account Advanced Payment Card and Method of Routing Card Transactions - A system of accessing through a financial processing network multiple accounts associated with a single financial card. Data is input to the financial network in addition to the transaction data and the account identification data that in read from the card. This addition data permits the proper account to be accessed. The data may be input at the point of sale as an account selection. In this instance, the selection may be used to route the transaction data through the financial processing network or may be used to read data regarding one of multiple accounts encoded on the card. The data may also be stored as conditional routing rules at transfer points in the financial processing network. In this instance, the transaction is routed to the proper account based on the stored rules.02-09-2012
20120036067ELECTRONIC MONEY CHARGING SERVICE SYSTEM, ELECTRONIC MONEY CHARGING SERVER AND CHARGING METHOD THEREOF - E-money recharge service system, e-money recharge server, and recharge method are disclosed. The e-money recharge service system includes: recipient terminal for receiving and storing e-money; payer terminal for performing settlement approval procedure for payment of e-money loaded into recipient terminal; and money recharge server for receiving input of money information including information on the whole or part of identification of recipient terminal, identification of payer terminal, recharge amount, and methods of payment from subscriber to money recharge service, for the subscriber acting money payer recharging the recipient terminal with e-money corresponding to recharge amount and making payment for settling recharge amount of money through the methods of payment, and for the subscriber acting money recipient transmitting message of inquiry to payer terminal of settlement approval of recharge amount and recharging recipient terminal with e-money corresponding to recharge amount if settlement approval is issued by payer terminal.02-09-2012
20100241562CURRENCY DISPENSE AND CONTROL SYSTEM WITH ANTI-THEFT FEATURES - A cost-effective, currency dispense and control system (CDCS) securely dispenses paper money in one of the following modes: (1) an ATM system and (2) a currency control system that allows a merchant or merchant-approved employee to withdraw cash from the CDCS independent of a standard ATM electronic fund transfer (EFT) network. The CDCS may also include the following functionalities: a duress dispensation system that allows the CDCS to activate an alarm and/or otherwise communicate with local police or security services during a robbery, a time-release system that effects a time-delayed dispensation functionality, and a user identification and authentication system for authenticating a user identity and determining eligibility of the user to access the currency control system.09-23-2010
20090043703Transaction method and system in search region - A method and system are designed for transaction in a search region. The transaction system includes merchant servers and a portable electronic device. The portable electronic device further includes a calculation module, a communication module, a positioning module, and a display module. The portable electronic device is used to search the merchant servers in a set range, and transaction is performed through wireless communication transmission. The transaction method includes positioning the portable electronic device by the portable electronic device itself and setting an effective range according to the position of the portable electronic device; searching the merchant servers in the effective range; selecting one from the merchant servers as a transaction server; performing a transaction procedure between the portable electronic device and the transaction server. After the transaction is ended, the transaction server sends back an acknowledgement message to the portable electronic device.02-12-2009
20100241563M-COMMERCE VIRTUAL CASH SYSTEM, METHOD, AND APPARATUS - A virtual cash system, method, and apparatus has an account record containing a record of money amounts associated with a wireless device and a transmitter for wirelessly transmitting to the wireless device predetermined information from the account record. Cash amounts can be spent from the account record directly from the wireless device via information derived from the wireless device via a bar code on the display, a short range radio signal, a light beam, or the like. A different security code is generated for each account transaction for verification.09-23-2010
20100211502INFORMATION PROCESSING DEVICE, INFORMATION PROVIDING DEVICE, INFORMATION PROCESSING METHOD AND INFORMATION PROVIDING METHOD - A function for processing electronic money is installed in a mobile phone 08-19-2010
20100211500CHARITABLE GIFT CARD - The present invention provides a system and method for providing a charitable gift. The system and method receiving a payment from a gift giver for a donation of a donation amount on behalf of a gift recipient, the donation being made to a charity. The system and method includes processing the charitable donation for submission to the charity on behalf of the gift recipient. The system and method includes electronically applying charitable donation information to a gift card, including the donation amount. And the method any system includes activating the gift card for presentation to the gift recipient, the gift card including the charitable donation information.08-19-2010
20100198725METHOD FOR SECURING TRANSACTIONS, TRANSACTION DEVICE, BANK SERVER, MOBILE TERMINAL, AND CORRESPONDING COMPUTER PROGRAMS - A method for securing a transaction by an electronic card paired with at least one mobile terminal, wherein a banking organization in charge of managing transactions involving the card has previously recorded an identifier of the mobile terminal among data relating to the owner of the card. The securing method includes: transmission, by the mobile terminal, of at least one first signal including a message containing the identifier; receipt, by at least one transaction device near the mobile terminal, of the first signal; transmission, by the transaction device, of a second signal including at least the message to at least one remote banking organization; assignment, by a control server of the banking organization, to a transaction involving the electronic card, by a control server of the banking organization, of information representing proximity between the electronic card and the mobile terminal, according to the second signal received by the banking organization.08-05-2010
20100036770METHOD FOR PROVIDING A CREDIT CARDHOLDER WITH MULTIPLE FUNDING OPTIONS - A method and a system for providing a payment cardholder with multiple funding source options for a payment card are provided herein. First, a managing platform associates at least two funding sources with the payment card. The funding sources include a first funding source and a second funding source. Next, the first funding source is designated as a default funding source and a set of pre-defined routing rules for funding transactions made with the payment card. Then, the managing platform intercepts each transaction of the payment card and routes the transactions to an issuer funding system for the first funding source using the managing platform.02-11-2010
20080319901PAYMENT CARD FINANCIAL VALIDATION PROCESSING CENTER - A method for validating a payment card financial transaction includes receiving a financial transaction approval request message derived from a payment card that is able to change its magnetic card data as elicited by a card reader. Out-of-sequence transactions encoded in a dynamic number included in said magnetic card data are detected. The dynamic number is compared with a last valid number that was previously stored in a database. An approval message is issued to enable the completion of a financial transaction with the payment card.12-25-2008
20090327130SECURE AND PORTABLE PAYMENT SYSTEM - Payment systems are provided that utilize a portable device, and in particular, payment systems that utilize a first portable device that belongs to a seller and a second portable device that belongs to a buyer, but do not utilize a point of sale (POS) device.12-31-2009
20100191647VALUE TRANSFER SYSTEMS AND METHODS - One method involves the use of stored value account that may be used, for example, to make internet payments, and that can be credited using a variety of payment techniques. Such a method involves receiving money at a money transfer location from a potential purchaser. The money is then stored as an electronic record in a stored value account of the purchaser. This money is then available for transfer at the request of the purchaser. Upon such a request, the money may be electronically sent to a recipient and the stored value account may be debited.07-29-2010
20120143752MULTI-COMMERCE CHANNEL WALLET FOR AUTHENTICATED TRANSACTIONS - A phone-based electronic wallet providing authenticated transactions across multiple channels of commerce. The electronic wallet may be used for point-of-sale payments, remote mobile payments and/or web-based payments, and may use authentication tools such as offline PINs, SecureCode PINs and/or online PINs.06-07-2012
20090319423INCENTIVE PROGRAM - An incentive program is described that rewards the participants of the program based on the actions of at least something other than the participants. The incentive program may be used with a cardholder account and a currency card operable to debit the cardholder account, with the participants of the incentive program being the cardholders. The incentive program is operable to receive one or more picks of something other than the cardholder from the cardholder, determine the amount of rewards owed to the cardholder based on the performance of the one or more pick, deposit the determined amount of rewards into the cardholder account, and convert at least a portion of the rewards in the cardholder account into one or more additional picks of something other than the cardholder.12-24-2009
20090112762METHOD FOR FUNDING A CHARITY USING A PREPAID CARD - A method of charity funding, using prepaid cards. A winner of a charity lottery is provided with a prepaid card having, as an initial balance, the lottery winnings. As part of the card activation process, the winner is asked whether they would like to donate all or part of their winnings back to the charity. Systems and methods for providing same.04-30-2009
20120143751GIFT CARD SYSTEM INCLUDING VIRTUAL GIFT CARD AND CARD AGGREGATOR - A method for execution on a computing device includes the steps of receiving information from a user to be included in a user profile, and establishing a user account associated with the user profile. The account has an identifier and an account balance; the balance is in accordance with funds expended by the user or received by transfer from another user. A user device is caused to display an image representing the account identifier; an external system (e.g. at a retailer) is permitted access to the account by recording the image. A user-initiated transaction (e.g. a retail purchase) is processed in accordance with information transmitted by the external system (e.g. over a network); this processing includes updating the account balance in accordance with the transaction. The displayed image may be a bar code scannable by the external system.06-07-2012
20080228646METHOD AND SYSTEM FOR MANAGING A NON-CHANGING PAYMENT CARD ACCOUNT NUMBER - The present invention provides a method and system for managing a cardholder's payment card account having a non-changing account number associated with a payment card, the method comprising the steps of assigning a series of dynamic attributes to an account number, identifying the payment card account, and changing the dynamic attributes of the account number without changing the account number.09-18-2008
20100312698SMARTCARD TRANSACTION SYSTEM AND METHOD - A method for facilitating biometric security in a smartcard-reader transaction system is provided. The method includes determining if a transaction violates an established rule, such as a preset spending limit. The method also includes notifying a user to proffer a biometric sample in order to verify the identity of said user, and detecting a proffered biometric at a sensor to obtain a proffered biometric sample. The method additionally comprises verifying the proffered biometric sample and authorizing a transaction to continue upon verification of the proffered biometric sample.12-09-2010
20100312697PAYMENT SERVICES FOR MULTI-NATIONAL CORPORATIONS - A central coordinating body (CCB) is part of a global commercial card processing system. The CCB provides standards, relationships, management protocols, problem resolution, processing, data sourcing and reporting capabilities. The local card issuer services a client locally on behalf of the lead card issuer. The lead issuer and CCB enter into an agreement that defines services that will be performed for the client by local issuers and services to be performed by CCB. The local issuers and CCB enter into an agreement defining the services to be provided for the client. A list of services to be provided is published that describes the services provided by a local issuer. The agreements specify a bid process for when an RFP is received from a client. Revenue from transactions received by a local issuer is sent to the lead issuer. The local issuer and CCB charge fees for the services provided to the lead issuer.12-09-2010
20090070260CREDIT CARD SYSTEM AND METHOD - A credit card system is provided which has the added feature of providing additional limited use credit card numbers and/or cards. These numbers and/or cards can be used for a single or limited use transaction, thereby reducing the potential for fraudulent reuse of these numbers and/or cards. The credit card system finds application to “card remote” transactions such as by phone or Internet. Additionally, when a single use or limited use credit card is used for “card present” transactions, so called “skimming” fraud is eliminated. Various other features enhance the credit card system, which will allow secure trade without the use of elaborate encryption techniques. Methods for limiting, distributing and using a limited use card number, controlling the validity of a limited use credit card number, conducting a limited use credit card number transaction and providing remote access devices for accessing a limited use credit card number are also provided.03-12-2009
20090070259Data processsing card based copy bill payment capability - A data processing card includes computer-readable data relating to at least one of processing information and payment information for a print job. The card includes an unpaid for limit associated with processing the print job. A card includes information indicative of a payment source associated with a user. The card further includes computer-readable data corresponding to user information for processing and payment for a print job. A card enables a first party to program the card to relate the data to processing and payment for the print job, to program the card create or access an account for the first party or a second party, and the card contains data for processing or payment for a print job via the account. A method includes following a user executing a print job, an electronic article surveillance reader alarms if a tag is within the read range of the reader.03-12-2009
20090037331REMOTE RECHARGEABLE PREPAID CELLULAR SERVICE PERIPHERAL DEVICE - An integrated prepaid cellular service and telephone unit including a cellular transceiver, a storage unit, a processor; and a credit/debit card interface. In a further aspect, the invention includes code for contacting a cellular provider, transmitting user debit/credit information, receiving a quantity of pre-paid cellular service units, storing the units, and allowing use of the cellular transceiver as long as said units does not equal zero.02-05-2009
20110119182Value Transfer System for Online Commerce Using Smart Card and Biometric Reader - A closed value transfer system for online commerce using a Smart Card and a USB Biometric Smart Card and Fingerprint Reader, for making quick, private and secure online purchases.05-19-2011
20110125638Internet Payment, Authentication And Loading System Using Virtual Smart Card - A system loads, authenticates and uses a virtual smart card for payment of goods and/or services purchased on-line over the Internet. An online purchase and load (OPAL) server includes a virtual smart card data base that has a record of information for each smart card that it represents for a user at the behest of an issuer. The server includes a smart card emulator that emulates a smart card by using the card data base and a hardware security module. The emulator interacts with a pseudo card reader module in the server that imitates a physical card reader. The server also includes a client code module that interacts with the pseudo card reader and a remote payment or load server. A pass-through client terminal presents a user interface and passes information between the OPAL server and a merchant server, and between the OPAL server and a bank server. The Internet provides the routing functionality between the client terminal and the various servers. A merchant advertises goods on a web site. A user uses the client terminal to purchase goods and/or services from the remote merchant server. The payment server processes, confirms and replies to the merchant server. The payment server is also used to authenticate the holder of a virtual card who wishes to redeem loyalty points from a merchant. To load value, the client terminal requests a load from a user account at the bank server. The load server processes, confirms and replies to the bank server.05-26-2011
20090048971Payment Card with Dynamic Account Number - A payment card comprises a processor, a trigger source coupled to the processor, and a display for outputting at least a portion of a dynamic account number under control of the processor responsive to the trigger source. The dynamic account number is determined based at least in part on a seed stored in the payment card and an output of the trigger source. In an illustrative embodiment, the dynamic account number is generated utilizing a time-based or event-based one-time password algorithm. For example, in a time-based embodiment, the trigger source may comprise a time of day clock, with the dynamic account number being determined based at least in part on the seed and a current value of the time of day clock. In an event-based embodiment, the trigger source may comprise an event counter, with the dynamic account number being determined based at least in part on the seed and a current value of the event counter.02-19-2009
20100057613APPARATUS AND METHODS FOR CHECK CARD FEE WAIVER - Apparatus and methods for waiving at least a portion of a service fee. The apparatus and methods may involve providing a check card to a customer and determining whether the customer is using the check card sufficiently to warrant waiving the fee or a portion of the fee. In some embodiments, the apparatus and methods may involve enrolling the customer in a check card program. The customer may select alerts regarding check card usage. The check card issuing entity may monitor the usage to reduce the risk of unauthorized use.03-04-2010
20110099104Methods and Apparatus for Stored Value Token Creation - Systems and techniques for managing creation, delivery, and redemption of stored value tokens such as gift cards and electronic gift cards. An interface presented to a donor at a terminal allows the donor to specify details of a token, including token value and whether the token is to be associated with a particular retailer or group of retailers. The donor is also able to specify restrictions on the use of the token. For example, the donor may prohibit the purchase of particular categories of products or may specify categories of products authorized for purchase and the amount that may be spent for each category. The donor is also able to specify particular products to be purchased. A token definition is stored and a token associated with the definition is delivered to a recipient. When the recipient presents the token for redemption, the token is redeemed according to the definition.04-28-2011
20110099106TRANSACTION PRODUCT WITH ELECTRICAL CIRCUIT - A transaction product includes an electrical circuit, a housing, and an account identifier. The electrical circuit includes a plurality of lights The housing substantially encloses the electrical circuit including the plurality of lights. The housing defines a plurality of light cavities separated from one another and substantially enclosed within the housing, and each of the plurality of lights is positioned in a different one of the plurality of light cavities. The account identifier is coupled to the housing and links the transaction product to a financial account having an associated monetary value available toward a price of a purchase, wherein the account identifier is machine readable. Other products, cards, assemblies and methods of using such cards, products and assemblies are also disclosed.04-28-2011
20110099105SELF-SERVICE CURRENCY EXCHANGE MACHINE - A self-service exchange machine is configured to receive currency from a customer and dispense to the customer a card associated with a value relating to the value of the received currency. The self-service exchange machine includes a coin module for receiving bulk mixed coins input by the customer in a coin hopper in association with the exchange transaction, the coin module being configured to substantially simultaneously receive the bulk mixed coins in the coin hopper, to separate the bulk mixed coins into a single-file stream of coins using a motor-driven rotary sorting device and, following the separation of the bulk mixed coins into a single-file stream of coins, to discriminate between valid and invalid coins using at least one discrimination sensor disposed along the coin path of the single-file stream of coins. The self-service exchange machine also includes a bill module configured to receive bills and to discriminate between valid and invalid bills, a display device, a card dispenser configured to dispense a card having a storage medium for storing a monetary value and a controller coupled to the display device, the coin module, the bill module, and the card dispenser. The controller is configured to determine a total value of valid coins and valid bills input into the coin module and the bill module, to cause the display of a total value on the display device, and to instruct the card dispenser to dispense a card with a monetary value that is related to the total value to complete the exchange transaction. The card is exchanged for the input currency and the monetary value stored on the dispensed card can be for any monetary value input by the customer and is not constrained to a predetermined value or values.04-28-2011
20110082790System and Methods for Managing the Utilization of a Communications Device - A system and method for the real-time management of a device, and more particularly to the allocation of electronic wallets that are associated with one or more devices and various controls that enable at least two entities to manage how the device is utilized for various activities and to pay for goods and services. Each device is associated with at least two electronic wallets, a user wallet and an administrator wallet. The administrator can establish rules that designate how and when the device can be used and which wallet will be used to pay for goods and services desired by the user, but in the event the user wallet is depleted or low on funds, the administrator wallet can serve as a backup funding source for specified types of goods and/or services. Additional wallets can also be associated with the device to authorize and pay for goods and services, under the control of the administrator wallet, such as a promotional wallet that could be designated for use with the device before a primary or administrative wallet was used, or a dynamic wallet that could be associated for use with multiple different devices as well as other wallets, but acts in conjunction with the user and administrator wallets. Additional rules can be established to perform many other functions, such as manage the movement of value between wallets and from other sources to the wallets.04-07-2011
20130159179MOBILE DEVICE FOR PROCESSING APPLICATION OF CLIENT DEVICE AND METHOD FOR PROCESSING APPLICATION OF CLIENT DEVICE USING THE SAME - A mobile device for processing an application of a client device includes an application information acquisition unit configured to, when a client device receives an image signal or an audio signal converted from an application information including one or more of electronic signature requirement, payment requirement, or user authentication requirement from a web service device and plays the received image signal or the audio signal, acquire the played image signal or the audio signal. Further, the mobile device includes an e-wallet application unit configured to convert the acquired image signal or the audio signal into the application information, execute and process one or more application of electronic signature, payment, or user authentication according to the application information, and then provide the result of processing the application to the web service device.06-20-2013
20110071944SYSTEM AND METHOD FOR DISPENSING POSTAGE WITHOUT PRINTING - A method of dispensing evidence of postage payment that includes providing a machine readable mechanism, such as a barcode, for being associated with a mailpiece to a customer, wherein the machine readable mechanism includes a first identifier and the customer has a customer identifier. The method further includes receiving first information from a mobile electronic device associated with the customer, the first information including: (i) the first identifier, (ii) the customer identifier, and (iii) mailpiece information, preferably including a postage amount, relating to the mailpiece, the first identifier included in the first information having been obtained based on an image of the pre-printed machine readable mechanism captured by the mobile electronic device, deducting a postage amount based on the mailpiece information from a postage account associated with the customer identifier, and transmitting the first identifier and verification of payment for postage to a carrier.03-24-2011
20110060683BUSINESS AND SOCIAL MEDIA SYSTEM - A business and social media system is provided for establishing communication services between people in different countries. The system includes a core system module, the core system module including a server for maintaining information regarding a client and a means for establishing communications services between a client and another person. The system further includes external modules in communication with the core system module, the modules including a telephony termination module, a telephone module service module, an SMS module, a contact center module, a mobile application module, a web application module, a retail module, a bank module, and the like.03-10-2011
20100325043CUSTOMIZED CARD-BUILDING TOOL - Embodiments of the invention provide an apparatus and method for customizing a bank card. For example, the apparatus includes a communication interface and a processor operatively coupled to the communication interface. The communication interface is configured to interact with a user terminal and receive user input from the user terminal, the user input including at least one user-selected bank card option. The processor is configured to provide, via the communication interface, a graphical user interface to be displayed on a display of the user terminal. The graphical user interface includes an image of the bank card having the at least one user-selected bank card option and showing the user's name on the image of the bank card.12-23-2010
20100306105METHOD AND DEVICE FOR GENERATING A SINGLE-USE FINANCIAL ACCOUNT NUMBER - A device for facilitating financial account transactions is described which includes a processing unit including a cryptographic processor. The device also includes an input unit, a display unit and a memory device connected to the processing unit. The memory device contains a private cryptographic key, a first data element and a second data element. The processing unit encrypts the first data element using the private cryptographic key and the second data element, modifies the second data element, combines the encrypted first data element and the second data element to generate a single-use financial account identifier, and displays the single-use financial account identifier. This identifier is then transmitted to a central processor for authorization of the transaction. The central processor extracts and decrypts data elements from the transmitted identifier using the private cryptographic key, compares those data elements with data elements stored in a memory, and verifies the single-use financial account identifier in accordance with the comparison.12-02-2010
20100280945SYSTEM FOR ACCEPTING VALUE FROM CLOSED GROUPS - A system for facilitating a sequence of events each comprising a multiplicity of purchases made by known users, the system comprising an on-site data bank recording an ID and a pre-paid balance value for each user expected to attend, a loader operative to set up for each event by loading into the data bank, IDs and pre-paid balance values, for users expected to attend, portable receptacles issued to each user and storing his ID and balance, e-cash filling stations incrementing the balance in the data bank, to reflect pre-payments made thereby, and mobile service provider workstations operative to read portable receptacles, to access the data bank according to the user ID of each portable receptacle, to enter into a transaction with a user if his balance accessed from the data bank is positive, and to decrement the transaction's value from his balance in the data bank.11-04-2010
20110251955ENHANCED SMART CARD USAGE - A smart card (10-13-2011
20090119211Methods and systems for managing financial institution customer accounts - A computer-implemented method and system for managing financial institution customer transaction accounts involves issuing a relationship presentment card with a relationship identifier unique to the customer that is linked to a plurality of the customer's financial institution transaction accounts via pre-defined parameters for determining to which of the customer's linked accounts to post particular transactions with the relationship presentment card. Thereafter, when data for a transaction with the card is received by a processing platform of the financial institution via a merchant acquirer and a card association processing network, the card processing platform of the financial institution identifies a particular financial institution account of the customer to which the transaction should be posted according to the pre-defined parameters based on the transaction data and posts the transaction to the identified financial institution account of the customer.05-07-2009
20080222037Customer Enrollment in a Stored Value Card Program - Customer enrollment in a stored value card program is provided. One embodiment is a method for enrolling a customer in a stored value card program. One such method comprises: generating a list of unaffiliated stored value card programs; and when enrolling a new customer in a new stored value card program at a device, determining whether the new customer has a stored value account with one of the unaffiliated stored value card programs.09-11-2008
20110055082Method and System for Distributing and Activating a Non-Personalized Purchase Card - The system includes a first and second computer systems and a purchase card associated with a major credit card organization. The card does not include information about any prospective card holder and is provided with a card number so that when activated, has an initial monetary value. The first computer system, located at a purchase outlet, is configured to transmit the card number over a communication network to the second computer system to activate the account, without requiring information from any person acquiring the card. The activated card is usable at retail establishments that accept credit cards. A method includes the steps of authorizing distribution of a plurality of non-activated purchase cards to purchase card outlets and authorizing activation of the purchase card account without requiring information from any person acquiring the card. Another method includes the steps of receiving a plurality of non-activated purchase cards at a purchase card outlet, and selling the purchase cards without acquiring information about the purchaser and initiating activation of the purchase card sold.03-03-2011
20110055081SYSTEM AND METHOD FOR PROVIDING ALTERNATE FUNDING SOURCE FOR PORTABLE CONSUMER DEVICE - A system, apparatus, and method for providing a mechanism for loading a prepaid card, such as a payroll card, with funds from a source other than the employer of the cardholder. The invention permits a cardholder to request that their employer provided payroll card (or other form of prepaid card) be charged or loaded with funds from an alternate source of funding. In response to the request, one or more background, credit, or other forms of security checks or investigations may be performed to ensure that accurate data regarding the cardholder is available and that there are no indications that the request might be an attempt to commit a fraudulent act.03-03-2011
20110119181Secure limit card - A method and system for issuing a limit card to a card requestor for a self imposed cash amount to make a product or service purchase with the transaction being conducted solely the vendor and the financial card sponsor. The method includes a financial card sponsor or authorized dealer issuing a card to a card requestor who immediately or subsequently activates the card by depositing funds to the card at a card activating entity. The cardholder gives a monetary amount to a clerk or cash accepting device at any participating entity which then credits the card with the monetary amount less any service charge. The activating entity gives the cardholder a receipt bearing the date and amount when the card is purchase. The remainder of the deposit is electronically forwarded to the sponsor who deducts the commission and activates the cardholder's account. The cardholder submits the card to a vendor to purchase a product or service, and the vendor accesses the account and carries out the transaction solely with the sponsor. The sponsor transfers to the vendor to close the transaction, and the vendor delivers the product or service to the cardholder.05-19-2011
20110137793Gift Card Activation Methods and Gift Card Products - A method of activating a gift card at a retail entity is provided. The method includes performing a first transaction based on first data obtained from a closed, empty product; retrieving the gift card from a secure location in the retail entity; reading second data from the gift card through a reader; and transmitting the second data and a value to be assigned to the gift card to a financial database platform. The financial database platform assigns the value to an account resident on the financial database platform associated to the gift card so that the gift card is activated.06-09-2011
20120310826VIRTUAL WALLET CARD SELECTION APPARATUSES, METHODS AND SYSTEMS - The VIRTUAL WALLET CARD SELECTION APPARATUSES, METHODS AND SYSTEMS (“VWCS”) transform virtual wallet card selections by users utilizing mobile devices via VWCS components into virtual wallet card-based transaction purchase notifications. In one implementation, the VWCS obtains a user authentication request for a purchase transaction, and extracts a universal card account number from it. Upon querying a database, the VWCS determines that the user has access to a virtual wallet and obtains virtual wallet card selection options for the user from the database. The VWCS provides the virtual wallet card selection options to a user mobile device, and obtains a user selection of an account included among the options. The VWCS initiates a purchase transaction using the user selection. Also, upon completion of authorization of the purchase transaction, the VWCS provides a purchase receipt to the user mobile device.12-06-2012
20110178924CLIENT CUSTOMIZED VIRTUAL OR PHYSICAL CARD FOR USE WITH SELECTED MERCHANTS - A client selects several merchants with whom the card may be redeemed, the amount redeemable, and a design for the card, which is personalized for the card recipient.07-21-2011
20090024525Vehicle Wallet - Disclosed are methods and systems related to electronic purchase transactions.01-22-2009
20120150740SYSTEM AND METHOD FOR PROCESSING GIFT TRANSFERS VIA A SOCIAL NETWORK - Disclosed herein are systems, methods, and non-transitory computer-readable storage media for enabling gift interactions via social media. For example, a user can post to a social networking site in a particular way to establish a gift transfer to a recipient based on a policy, such that when the recipient makes a purchase using their pre-existing payment account, the gift (an amount of money) is transferred or applied to the recipient payment account. A particular structure or feature of a social network post can trigger the creation of the policy, with metadata or information parsed from the social network post providing additional details of the policy. In this way, a user can set up a gift transfer without interacting with a gift portal, application, or website. The recipient does not need to use any special code, separate physical gift cards, or printable coupons to redeem or use the gift.06-14-2012
20090276357Information processing apparatus and data communication method - An information apparatus switches a display at a predetermined area which includes at least a part of a portion where an electromagnetic-wave emitting unit used for data communications with a data storage device is disposed, according to data communication processing with the data storage device, and emits sound generated according to the processing at corresponding timing.11-05-2009
20110191240METHOD AND APPARATUS FOR DISTRIBUTION OF MONEY TRANSFERS - A method of performing money transfer send transactions begins with receiving registration information from a customer, including customer identification and qualification information and payment source identification and performing verification of at least a portion of the identification and qualification information and the payment source identification and upon sufficient verification building a distribution profile. The method proceeds by receiving from the customer and storing in the distribution profile send transaction specifications for staging each of one or more proposed send transactions, and receiving a send initiation instruction with associated customer authentication data and responsive thereto identifying a distribution profile and at least one send transaction specification to be executed. Responsive to the send initiation instruction, the method verifies the authentication data and the current status of the payment source identified in the distribution profile and upon sufficient verification, initiates a send transaction according to the at least one send transaction specification.08-04-2011
20100023453DYNAMIC NUMBER AUTHENTICATION FOR CREDIT/DEBIT CARDS - A method and apparatus for conducting a commercial transaction over the Internet or other network connection are provided. The method includes the use of random numbers which are unique for each user session. These random numbers are pre-loaded onto a handheld, portable device, token, at the time of the device's manufacture or programming. These numbers are generated by external systems. The external systems then deliver the number sets to the token for storage in the token's internal memory and also to another random number database that is accessible by an authentication system. The random numbers are dispensed by the token to a user by pressing a button on the token or otherwise signaling the token. A simple polynomial equation may be employed in order to increase the number of codes. A dispensed number is cross referenced, by the authentication system, to the random number database that was created when the token was programmed. In this way the user or transaction can be authenticated. In its preferred configuration, it is intended that once the total number of random combinations, including the original random numbers and numbers generated by polynomial transformations, have been exhausted, the device becomes inoperable.01-28-2010
20100017326Credit Handler For Entertainment Device - Pay to play entertainment machines or devices for gaming, gambling and other entertainment functions used in public spaces such as bars, clubs etc are networked and centrally controlled. Each entertainment device has at least one payment mechanism such as a coin acceptor or a card reader. Content executables (e.g. games) are configured to use a set of generic payment instruction messages to communicate with the payment mechanisms. A credit handler module translates generic payment instruction messages to and from specific payment functionality messages as used by the different payment mechanisms and also applies any transaction processing logic that is required consequent on the particular domain of operation of the entertainment device, e.g. legal requirements. Thus, locally applicable requirements relating to credit handling operations in the real and virtual environment of the entertainment device can be implemented without modifying content executables. 01-21-2010
20110307377SYSTEMS AND METHODS TO MANAGE AND CONTROL USE OF A VIRTUAL CARD - Systems and methods are provided for creating and using versions of a shared virtual card. In one example, a system for sharing stored value is provided. The system may include a virtual card manager configured to manage one or more shared virtual cards and a first computing device including a virtual card engine executable by a processor to manage the shared virtual card. The first computing device may be communicatively coupled to the virtual card manager via a network. In the example, stored value of the shared virtual card may be split between a first version and a second version. The first version may receive a first portion of the stored value and the second version may receive a second portion of the stored value; the first version available for use on the first computing device and the second version available for use on a second computing device.12-15-2011
20110307378METHODS AND SYSTEMS FOR EXCHANGING/TRANSFERRING GIFT CARDS - Methods and systems for exchanging various forms of value, including coins, currency, credit, debit, and/or bank account funds, for prepaid cash cards, credit cards, phone cards, and the like. In one embodiment, a value exchange machine includes a coin input region, a coin sorting/counting apparatus, a card reader, and a communications facility configured to communicate with a remote computer network. In another embodiment, a value exchange system includes one or more of the value exchange machines connected to one or more remote computers via a communications link. A user wishing to purchase, for example, a prepaid cash card can visit one of the value exchange machines, select the desired transaction, and pay for the card with coins, currency, a credit card, a debit card, and/or bank account funds. After confirming payment, the value exchange machine dispenses the card to the user.12-15-2011
20090024524OPTIMIZED RECHARGING OF PREPAID ACCOUNTS - The invention relates to a method for recharging an electronic credit prepaid by a user, particularly for paying for services in a data or telecommunication system. The inventive method comprises the following steps: a) setting a lower account threshold value for the credit; b) signalling if the account falls below the threshold value; and c) triggering a recharging function if the value falls below the threshold value.01-22-2009
20120066123SYSTEM AND METHOD FOR SELECTION OF PAYMENT SYSTEMS FROM A PAYMENT SYSTEM DIRECTORY TO PROCESS A TRANSACTION - Dynamically enabling and facilitating businesses or other entities to locate and transact with payment systems for the purpose of processing payments. A customer interacts with a supplier of an item (e.g., goods or services), selects an item for purchase, and provides the supplier with payment criteria. The supplier queries a payment system directory to locate candidate payment systems for the transaction. The supplier then interacts directly with one or more of the payment systems to partially or fully process payment for the transaction. Alternatively, the supplier interacts with a gateway service, which queries a payment system directory to locate candidate payment systems and then interacts with one or more of the payment systems to process payment for the transaction.03-15-2012
20120150741MOBILE DEVICE FOR PROVIDING SMART WALLET SERVICE AND LAYER STRUCTURE FOR OPERATING SMART WALLET SERVICE - A smart wallet service module includes: a management unit for installing, activating, and terminating a smart wallet service or receiving and managing a user's setting; a security unit for providing an authentication service through an authenticated certificate or electronic signature; a storage unit for storing data in a database of a mobile device and managing the stored data; and a functional unit connected to a storage medium inside the mobile device and providing a service related to electronic commerce or credit card issuing.06-14-2012
20120047068CHARGE PAYMENT SYSTEM USING VIRTUAL MONEY - A card ID and a consumption amount of virtual money are transmitted from a game terminal as charging-target terminal apparatus, the card ID being recorded in a card possessed by a user (step S02-23-2012
20120005094System, Program Product, and Associated Methods to Autodraw for Micro-Credit Attached to Prepaid Card - A prepaid card processor receives data for a line of credit for a prepaid card from a lending institution computer. The prepaid card processor makes available draws to the line of credit line on behalf of the lending institution computer in an authorization stream for a proposed purchase using the prepaid card as payment. When the line of credit is accessed, the processor loads the prepaid card with an additional value equal to one or more preselected loan increments so that the prepaid card then has a new amount totaling a previous amount plus the amount of value of the one or more preselected loan increments and so that the new amount exceeds or equals the value of a proposed purchase. Then the processor notifies the lending institution so that the line of credit balances on the lending institution computer and the prepaid card processor are kept in sync.01-05-2012
20120011063VIRTUAL WALLET ACCOUNT WITH AUTOMATIC-LOADING - Methods and apparatus for operating a virtual wallet system are described. In an embodiment, the process includes receiving, at a virtual wallet server, a virtual wallet account number and payment transaction details that includes a payment amount, and then mapping the virtual wallet account number to at least one funding account associated with a consumer. The method also includes validating the consumer and the payment transaction details, generating a standard purchase authorization request message and routing it to an issuer of the at least one funding account, and receiving an authorization response approving the payment transaction. The process further includes loading the consumer's virtual wallet account in real time to match the payment amount, and routing an authorization approval message to an originating acquirer. Such a virtual wallet system with automatic-loading capabilities substantially improves the operation of decoupled debit payment account schemes. In addition, the use of a virtual wallet account assigned to a consumer by virtue of a virtual wallet account number (which can be described as a pseudo-primary account number (pseudo-PAN)) allows the consumer to fund payments for multiple PSP accounts from a single funding account while simultaneously protecting personal data and protecting against identity theft.01-12-2012
20120011064PREPAID TRANSACTION CARD ACTIVATION SYSTEM AND METHOD - Reloadable or non-reloadable prepaid transaction card activation systems are disclosed. More specifically, the system provides a platform for activation of prepaid or stored value transaction cards and capture of customer demographic information, and verification of that information, after the customer has obtained or has been issued a prepaid transaction card. The data capture is performed at activation rather than at point of sale.01-12-2012
20120011062Apparatus and Method for Dynamic Offline Balance Management for Preauthorized Smart Cards - A smart payment device is issued to a user; the device is capable of both offline and online transactions and has a total available balance split. The split is between an available offline balance and an available online balance. It is determined whether the user has entered a primarily offline environment or will imminently enter a primarily offline environment. If this is so, the total available balance split is redistributed to favor offline transactions.01-12-2012
20110166998METHOD OF CAPTURING INTEREST ON THE VALUE OF TRANSFERRED MONETARY RIGHTS MANAGED ON AN INTERNET-BASED MONETARY RIGHTS TRANSFER NETWORK, AND ASSOCIATED WITH AN AMOUNT OF MONEY HELD IN AN ACCOUNT AND HAVING A MONETARY VALUE REPRESENTED ON A STORED VALUE DEVICE - Method of capturing interest on the value of transferred monetary rights managed on an Internet-based Monetary Rights Transfer Network, and associated with an amount of money owned by an owner and held in a first account and having a monetary value represented on a stored value device held by a holder and provided by an issuer. While the owner of the amount of money earns an amount of interest on the value of the transferred monetary rights, and the amount of interest is deposited in a second account, the holder of the stored value device enjoys full use of the monetary value represented in the stored value device, and held in the first account represented by the non-transferred subset of monetary rights associated with the amount of money, including the right to make payments, the right to make purchases, and the right to hold money as a store of value.07-07-2011
20110166999SYSTEM AND APPARATUS FOR SMART CARD PERSONALIZATION - A smart card personalization system maintains a database containing card issuer data format templates, card applications, card operating system commands, and personalization equipment specifications and provides a centralized interface of inputs and outputs to a card issuing process which dynamically adjusts to changes in the issuing process to easily permit a card issuer to change data formats, card applications, card operating systems and/or personalization equipment in a card issuing process. The system interfaces to any card issuer management system, manages the transfer of cardholder data and card applications to the particular personalization equipment used, and maintains statistics for real-time and off-line inquiries to support critical management and reporting functions. Furthermore, the system works with a variety of security methodologies to prevent fraud.07-07-2011
20110166997PROXY-BASED PAYMENT SYSTEM - A system, method, and apparatus for accepting account-based contactless smartcards at offline terminals are disclosed. The contactless smartcards may be branded bank cards which have a prepaid account balance. Each card may include an integrated circuit with a payment application, a proxy application, and a proxy data store. A proxy-enabled card reader can read and write the proxy data and may use the proxy data to determine whether to proceed with a card-based transaction absent an online authorization. Updated proxy information may be periodically distributed throughout a payment system and used to update various lists maintained at the card readers.07-07-2011
20130013499ELECTRONIC WALLET CHECKOUT PLATFORM APPARATUSES, METHODS AND SYSTEMS - The ELECTRONIC WALLET CHECKOUT PLATFORM APPARATUSES, METHODS AND SYSTEMS (“EWCP”) transform customer purchase requests triggering electronic wallet applications via EWCP components into electronic purchase confirmation and receipts. In one implementation, the EWCP receives a merchant payment request, and determines a payment protocol handler associated with the merchant payment request. The EWCP instantiates a wallet application via the payment protocol handler. The EWCP obtains a payment method selection via the wallet application, wherein the selected payment method is one of a credit card, a debit card, a gift card selected from an electronic wallet, and sends a transaction execution request for a transaction associated with the merchant payment request. Also, the EWCP receives a purchase response to the transaction execution request, and outputs purchase response information derived from the received purchase response.01-10-2013
20120116966METHOD AND SYSTEM FOR MULTIUSE REDEMPTION CARDS - A multiuse redemption card enables a purchaser to provide the multiuse redemption card to a recipient for a defined amount and delay payment until the recipient uses the redemption card. The delayed payment can be incremental up to the defined amount so that the recipient can use the card multiple times.05-10-2012
20120016797System and Method for Instant Issue of Personalized Financial Transaction Cards - In a method for instantly issuing a personalized financial transaction card to a customer a bank employee receives customer information and card information from the customer at a branch location. The card information may include a card personal identification number (PIN) selected by the customer. The operator inputs the customer information and at least some the card information into a data processing terminal at the branch. The customer information and the card information are communicated from the branch across a network to a card services provider. At the card services provider, the PIN is entered into a PIN database and a reference number associated with the customer and a PIN offset is generated. The reference number and at least some of the customer data and card data may be stored in a card file associated with the customer. The reference number is used to retrieve the PIN from the PIN database. The retrieved PIN is then used to apply calculations to the card file. The card file is securely sent from the card services provider across the network to the branch location. Using information from the card file, the financial transaction card is printed for the customer at the branch location. In a preferred embodiment, the personalized card is instantly issued while the customer is present at the branch location.01-19-2012
20120254029MOTOR VEHICLE KEY AND METHOD FOR IMPLEMENTING A FINANCIAL TRANSACTION - A motor vehicle key is provided that includes, but is not limited to a closing device for cooperating with a motor vehicle lock, an electronic data memory for storing payment information, and a device for wireless transmission of payment information to an external receiver.10-04-2012
20120254028APPARATUS AND METHOD FOR ISSUING TRANSACTION CARDS - A transaction card production apparatus for producing transaction cards comprising user card designs, the apparatus comprising: a processor module configured to receive a user card number and a user card design from a user, associate the user card number with the user card design and store the user card number and associated user card design in a storage module; a card issuer module configured to receive the user card number from the processor module and generate a user embossing record comprising the user card number; and a card production bureau configured to receive the user embossing record from the card issuer module, retrieve the user card design associated with the user card number from the storage module and print a transaction card comprising the user card number and user card design.10-04-2012
20120158584DIGITAL WALLET - A digital wallet that facilitates fast, convenient, and secure commerce using a mobile electronic device (or non-mobile electronic device) and stores information associated with transactions, such as purchase confirmations and receipts. The digital wallet can store information for use in transactions, including information associated with one or more financial accounts, user information, and shipping information. To complete an online purchase, the digital wallet can interact with a merchant's website to obtain information regarding the purchase. The digital wallet provides a user interface for the user to review and confirm the purchase information. The user interface also allows the user to select from multiple payment options, customize shipping information, or provide information requested by the merchant. The digital wallet can transmit user confirmation to the merchant's website and receive a receipt for the purchase. The digital wallet can store the receipt and synchronize the receipt with a remote storage location.06-21-2012
20120072344TECHNIQUES FOR TRANSACTION ADJUSTMENT - Techniques are provided for transaction adjustment. A payment device, having an offline balance, is presented to an offline terminal in connection with a putative transaction. If an irregularity with the putative transaction is detected, the offline balance is adjusted responsive to the detection. In one aspect of the invention, such adjustment can be carried out, via offline-terminal interaction, substantially without the use of a security module and cryptographic keys in the offline terminal.03-22-2012
20120072343REMOTE IMAGE CAPTURE WITH CENTRALIZED PROCESSING AND STORAGE - A system for remote data acquisition and centralized processing and storage provides comprehensive support for processing documents and electronic data associated with different applications including sales, business, banking and general consumer transactions. The system retrieves transaction data such as credit card receipts or checks in either electronic or paper form at one or more remote locations, encrypts the data, transmits the encrypted data to a central location, transforms the data to a usable form, performs identification verification using signature data and biometric data, generates informative reports from the data and transmits the informative reports to the remote location(s), providing high performance, security, reliability, fault tolerance and low cost. The network architecture facilitates secure communication between the remote location(s) and the central processing facility, a dynamic address assignment algorithm performs load balancing among the system's servers for faster performance and higher utilization, and a partitioning scheme improves the error correction process.03-22-2012
20110106699TRANSACTION CARD WITH AUDIO FILE PITCH TRANSFORMATION - A transaction card includes an audio circuit, a housing, a switch, and an account identifier. The audio circuit is configured to capture an audio file and to transform a pitch of the audio file. The audio circuit includes a speaker configured to play the captured audio file as transformed by the audio circuit with a different pitch than the pitch originally captured for the audio file. The housing substantially encloses the audio circuit. The switch is movable by a bearer of the transaction card external to the housing. When the bearer interacts with the switch, the audio circuit is activated to transform the pitch of the audio file to the different pitch. The account identifier is fixedly coupled to the housing, and the account identifier links the transaction card to an account or record, wherein the account identifier is machine readable.05-05-2011
20110106698SYSTEM AND METHOD FOR PROCESSING GIFT CARDS - Disclosed herein are systems, methods, and non-transitory computer-readable storage media for enabling gift card recipients to redeem gift card amounts using existing accounts such as a credit/debit card. A system practicing the method identifies a giver and recipient of a gift card amount and associated accounts. A policy is established which governs how the gift card is redeemed, such as a specific merchant or item. When the recipient makes a purchase using an existing credit/debit card according to the policy, the gift card amount is applied to the transaction. No special codes, separate physical gift cards, or printable coupons are necessary for redemption. The recipient makes purchases using their normal purchasing credit/debit card via a qualifying purchase according to the policy, and the gift card is applied automatically. The recipient credit/debit card becomes a combination of an open-looped card and a closed-loop card. Thus, no money is wasted or lost.05-05-2011
20110106697TRANSACTION PRODUCT ASSEMBLY WITH REMOTE CONTROLLED ARTICLE - A transaction product assembly includes a transaction product and a mechanical article. The transaction product includes an account identifier fixedly connected thereto, wherein the account identifier links the transaction product to an account and is machine readable by a terminal. The transaction product also includes a transmitting electrical assembly and at least one control button configured to interact with the transmitting electrical assembly in a manner causing the transmitting electrical assembly to output a radio frequency signal. The mechanical article includes at least one movable member, a receiving electrical assembly, and a motor. The receiving electrical assembly is configured to remotely receive the radio frequency signal output from the transmitting electrical assembly and to activate the motor. When activated, the motor induces movement of the at least one movable member relative to a remainder of the mechanical article in a manner consistent with the radio frequency signal.05-05-2011
20120233071METHOD AND APPARATUS FOR AUTOMATICALLY RELOADING A STORED VALUE CARD - To facilitate the sale of merchandise using a stored value card (SVC), a method and system are provided to automatically reload an SVC in accordance with automatic reload preferences associated with the SVC account. The preferences include the pre-authorized reload amount, payment method, and the circumstances under which to automatically reload the SVC with the pre-authorized reload amount. The preferences are previously specified by a party associated with the SVC when setting up the automatic reload option. The party is notified when the automatic reload occurs.09-13-2012
20120233070PRESENTING OFFERS ON A MOBILE COMMUNICATION DEVICE - Systems, methods, and computer program products provide for presentation of product offers in conjunction with a live video stream that includes images of the product or images associated with the product. The invention identifies products located proximate to a mobile communication, for example using real-time object recognition techniques, product codes, wireless communication or the like to identify products. Once the products are identified, related offers are determined and offer indicators are presented proximate to the location of the image in the live video stream.09-13-2012
20120084204SYSTEM AND METHOD FOR MAKING ELECTRONIC PAYMENTS FROM A WIRELESS MOBILE DEVICE - An electronic device, system and method are provided for populating an online payment form. An electronic wallet resident on an electronic device stores data for at least one payment card. A transcoding proxy receives an online payment form from a website of an online vendor, and the electronic wallet is invoked to access data for one of the payment cards. The data is provided to the transcoding proxy, which populates the online payment form. One of the payment cards may be pre-selected for use with a given vendor.04-05-2012
20120123937PORTABLE E-WALLET AND UNIVERSAL CARD - Universal cards are used in place of all the other traditional cards which a person may want to carry. The universal card can include a short range communications transceiver to communicate with a mobile device. The mobile device can include a user interface and an e-wallet application so that the user can interface with the e-wallet application for programming the universal card via the short range communication link. Once programmed, the universal card emulates a function of a traditional card.05-17-2012
20120317023MOBILE TERMINAL AND CONTROL METHOD THEREOF - A mobile terminal and a control method of the mobile terminal may be provided. The mobile terminal may include a short range communication module, a memory for storing information regarding a payment method, and a controller for making a payment using a payment method corresponding to a location at which a communication link is set, based on the information regarding a payment method.12-13-2012
20120123936PREPAID VALUE ACCOUNT WITH REVERSION TO PURCHASER SYSTEMS AND METHODS - Systems, methods, and devices are described for a refundable prepaid transaction cards. The methods and systems include a prepaid transaction card funded with funds by a purchaser. Also included is an issuer. The issuer receives the funds a distributes a prepaid transaction card associated with the funds. The methods and systems also include a prepaid transaction card identifier, wherein the prepaid transaction card identifier identifies the prepaid transaction card. The issuer maintains a central computer system that stores at least one parameter entitling the purchaser to a refund of at least a portion of the funds. The methods and systems also include a cash pool, the cash pool holding at least a portion of the funds funded by the purchaser.05-17-2012
20120123935System and Method for Physical-World Based Dynamic Contactless Data Emulation in a Portable Communication Device - Disclosed is as system and method for automatically selecting a credential among a plurality of credentials on a portable communication device based on a geo-location of the portable communication device and based on a user preference, for use in an electronic wallet transaction. The system includes a geo-location device configured to detect the geo-location of the portable communication device; a location identification service unit configured to be activated by a pre-determined user input, and configured to determine a merchant where the portable communication device is most likely to be located based on said geo-location, a storage means for storing preferences corresponding to the plurality of credentials; and means for automatically determining which of the plurality of credentials to use for the electronic wallet transaction based on the preferences.05-17-2012
20120130892TOY WITH INDICIA OF STORED VALUE - The present invention is a stored value toy, and a method for sensing a stored value toy. A stored value toy integrates the functionality of a stored value card, or a gift card, into a three-dimensional toy, such as a model vehicle. The method includes sensing an account identifier from an account indicium permanently coupled in the toy, associating the identifier with an account, and taking some action involving the account. The action might be reading the account balance, initializing the balance with an amount, increasing the balance, or decreasing the balance.05-24-2012
20120136785Combination ATM/Vending Machine Kiosk - ATM kiosk/vending machine network that services the unbanked and underbanked markets, that will enables wireless transactions and processing of currency, pre-paid cash debit cards, and online banking. The concept can be applied to any vending machine product such as sodas, beverages, gasoline, candy, postage stamps, and more with the following features and benefits: Full service ATM/Vending, Issue cash debit cards, Transfer funds from one machine to another Issues and prints money orders, Bill paying GPS travel directions, Advertising on LCD screen, Purchase sporting/event tickets Reload cell phone pre-paid cards, Purchase beverage or gas, Wireless Internet access, and Bank-to-bank wire transfers. The present invention will also provide online banking, prepaid cards, and secured lending products to customers who may not qualify for conventional bank unsecured lending products, or whose needs cannot be met by traditional lenders.05-31-2012
20120136784Pre-Paid Card Transaction Computer to Load A Loan On A Pre-Paid Card - A loan transaction for a pre-paid card is approved for a borrower so that release of the loan proceeds is pending an activation of a pre-paid card. A financial institution computer converts loan data to be compatible with a prepaid card processor. The prepaid card processor activates a pre-paid card account responsive to an activation request on behalf of the borrower. The financial institution computer releases the pending loan proceeds to the pre-paid card processor so that the loan proceeds are released to the borrower and are immediately available to thereby convert the pre-paid card into a loan delivery apparatus.05-31-2012
20100299255CASH REDEMPTION OF FUNDED PORTABLE CONSUMER TRANSACTION DEVICE WITHOUT PURCHASE TRANSACTION REQUIREMENTS - According to one implementation, a method is presented for redeeming cash from a funded Prepaid Portable Consumer Transaction Device (PPCTD) without conducting a purchase transaction in a payment processing apparatus. A first merchant at a first location receives a tender for deposit into an account having an identifier. A second merchant at a second location tenders a PPCTD corresponding to the account to a consumer in response to receiving the identifier from the consumer. In response to receiving from the consumer the tendered PPCTD and a request for substantially the full value in the account, the second merchant tenders substantially the full value of the account to the consumer. The second merchant makes the tender without requiring that the consumer conduct a purchase transaction for the sale of a good or service from the second merchant.11-25-2010
20100049653Currency Conversion With Pre-Paid Card - A system is provided for a stored-value card account to serve as a platform to transfer funds in alternate currency. A prepaid cardholder may transfer to a recipient in a first currency from an account in a second currency. The prepaid cardholder selects the amount to be transferred, the recipient, and the currency to be provided to the recipient. An exchange rate is obtained automatically from a currency exchanger and once the prepaid cardholder authorizes the transfer, funds in the requested currency are transferred to the recipient and the prepaid cardholder account owner's prepaid cardholder account is debited the appropriate amount. Thus, currency conversion and delivery to a recipient is possible in an automated process.02-25-2010
20120179607MULTI-MERCHANT / ITEM STORED VALUE ACCOUNT TRANSACTIONS - The current subject matter provides techniques in which stored value from a stored value account can be redeemed at two or more backend stored value account processors in either a single transaction or multiple transactions. Techniques are also described for redeeming stored value from stored value accounts that correspond to bundled items. Related apparatus, systems, techniques and articles are also described.07-12-2012
20090171841METHOD AND SYSTEM FOR TRANSFERRING FUNDS BETWEEN ACCOUNT HOLDERS - The preferred embodiments are directed to facilitating a transfer of funds between account holders. The preferred embodiments can receive account information from a transaction devices associated with a first account and a second account and can receive a specified amount of funds to be transferred to the second account. The preferred embodiments can transfer the specified amount of funds from the first account to the second account in response to receiving the account information from the transaction devices of associated with the first and second accounts and the specified amount of funds.07-02-2009
20090089211SYSTEM AND METHOD FOR PERSON TO PERSON FUND TRANSFER - A system, apparatus, and method for providing payment for goods or services via a transfer of funds from a payer to a payee. In some embodiments, the invention includes establishing a deposit account for a prospective payee which may be accessed by a payer using payment receipt data provided by the payee. The deposit account may be configured to permit only deposits to the account, with no withdrawal or transfer out of funds possible. The deposit account may be associated with a credit card, debit card, or checking account, or may be a separate account.04-02-2009
20120254027Terminal Authenticity Verification - Methods and systems for improving non-bank payment solutions through terminal authenticity verification. One group of improvements uses the secure payment capabilities of the above architecture to implement a bill payment system. Electronic payments from consumers who are not bank customers are now completely secure. A variety of methods are discussed to include non-banking consumers in this payment system. Another group of improvements uses the secure payment capabilities of the above architecture to implement a payroll system which allows non-banking or unbankable employees (or contractors or vendors) to receive electronic payment, and to easily reroute portions of their payments electronically to various destinations. The secure transaction capabilities of the above architecture make this possible.10-04-2012
20120185385Asset Theft Reporting System - An asset theft reporting system is provided, and includes a pre-paid debit card provided to an individual which is initially capable of being used only to pay for a telephone call by the individual to report a theft of an asset such as a vehicle. The asset is pre-registered with the system, and information about the asset is stored in a database. A telephone call from the individual reporting a theft of the asset is received and processed, and information about the theft is stored in the database. When the theft has been reported, the pre-paid debit card is electronically configured for use as a general-purpose debit card to purchase goods and/or services. Optionally, the system can contact one or more law enforcement authorities, and/or other entities, to report the theft of the asset and to initiate an investigation.07-19-2012
20080270301MOBILE PAYMENT SYSTEM AND METHOD - A method which enables a merchant to obtain payment for a purchase from a customer who uses a mobile communication device to make the purchase, including uploading an application program to the customer's mobile communication device, and receiving a request for payment from a merchant terminal. The request for payment includes an identification code of the customer's mobile communication device and a purchase amount. The method further includes transmitting a purchase message to the customer's mobile communication device, the purchase message including an identification of the merchant, the purchase amount, and a request for purchase confirmation. The method further includes receiving a response to the request for purchase confirmation transmitted from the customer's mobile communication device, and if the response to the request for purchase confirmation is affirmative, transmitting to the merchant terminal information identifying a financial account belonging to the customer.10-30-2008
20120259774PAYMENT METHODS USING ELECTRONIC DEVICES - Various payment methods utilizing wireless or wired devices are disclosed, such devices that use radio electric spectrum frequencies. The methods include all types of payment operation transactions utilizing conventional financial instruments. These methods include authentication processes, information encryption, and encryption certificaton to guarantee the security of the transactions.10-11-2012
20120259775Application Method of Mobile Terminal Electronic Wallet and Mobile Terminal - Disclosed in the present invention is an application method for a mobile terminal electronic wallet, including: monitoring a transaction event carried out by the mobile terminal via the NFC chip; when the transaction event happens, acquiring transaction message regarding the transaction event sent by a universal integrated circuit card (UICC) via the NFC chip; and sending the transaction message to a JAVA module, starting up a corresponding JAVA application, and providing the consumption situation of the transaction event to a user. Also disclosed in the present invention is a mobile terminal, wherein, an acquiring module is used for acquiring transaction message regarding the transaction event sent by a UICC via the NFC chip after a monitoring module monitors the transaction event; and a sending module is used for sending the transaction message to a JAVA module and starting up a corresponding JAVA application but cannot be displayed automatically is solved.10-11-2012
20080301048PORTABILITY OF FINANCIAL TOKENS - A method determines that a first relationship between a holder of a portable consumer device and a first employer is terminated. In response to determining that the first relationship is terminated, the method also disassociates account information of the portable consumer device from the first employer while retaining an association between the portable consumer device and an issuer of the portable consumer device. In addition, the method establishes a second relationship between the employee and a second employer and links the account information of the portable consumer device with the second employer.12-04-2008
20080301047ATM System For Receiving Cash Deposits From Non-Networked Clients - A systems and methods for depositing foreign funds into a native account using a foreign transaction machine are disclosed according to one embodiment of the invention. A foreign transaction machine, such as an ATM, receives and financial account number associated with a financial account and determines the native currency associated with the financial account. The foreign ATM may then receive cash in a foreign currency. AN exchange rate is received from within the ATM or through a network connected to the ATM. The foreign funds are then converted according to the exchange rate into native funds. The native funds are then deposited into the financial account. In other embodiments, the transaction machine provides transaction cards with native funds in response to receiving foreign currency.12-04-2008
20120265677Methods and Systems For Making a Payment Via a Stored Value Card in a Mobile Environment - Methods and systems for making a financial payment to a payee via a stored value (SV) card utilizing a mobile device such as a mobile telephone (cellphone) or wireless connected personal digital assistant (PDA). The mobile device communicates wirelessly with a mobile financial transaction system (MFTS) that stores user information and transaction information. A user enters information via the mobile device identifying a payee and indicating a stored value card payment method. The mobile device generates a mobile payment instruction that includes information corresponding to the identified payee and indicating a stored value card payment method. The mobile payment instruction is wirelessly communicated to the MFTS. The MFTS generates an MFTS payment instruction to a payment instruction recipient that can issue a new stored value card and/or reload funds onto a pre-existing stored value card. The MFTS communicates the MFTS payment instruction to the payment instruction recipient.10-18-2012
20120239567SYSTEM AND METHOD FOR AUTHENTICATING ELECTRONIC MONEY USING A SMART CARD AND A COMMUNICATION TERMINAL - The present invention relates to a system and a method for authenticating an electronic money using a smart card and a communication terminal. The present invention provides a system and a method for authenticating an electronic money, wherein the system comprises a smart card and a communication terminal. The smart card takes biometric signature from a user as an input, transmits recognition completion information to the communication terminal when the biometric signature inputted by the user matches the stored biometric signature, receives an update command from the communication terminal, updates the amount of stored balance data, and transmits an update completion message to the communication terminal. The communication terminal is connected to the smart card in a wired or wireless manner, and transmits the update command to the smart card upon receipt of the recognition completion information.09-20-2012
20120239566ASSET STORAGE AND TRANSFER SYSTEM FOR ELECTRONIC PURSES - An electronic asset exchange system includes a communications medium and at least two electronic purses. Each electronic purse includes an interface configured to send and receive messages, a memory storing a current asset value amount, a respective unique identifier, and a log of asset transfers; and a controller. The controller receives an asset transfer message including at least an asset value amount to be transferred, and executes a Transfer-in process to increase the current asset value amount by the asset value amount to be transferred and record information of the asset transfer in the log. The controller receives, via the interface, an asset transfer request message including at least an asset value amount to be transferred, and executes a Transfer-out process to generate and send an asset transfer message including the asset value amount to be transferred, decreasing the current asset value amount by the asset value amount to be transferred; and recording information of the asset transfer in the log.09-20-2012
20120239564PREPAID CARD BUDGETING - In general terms, embodiments of the present invention relate to methods and apparatuses for providing one or more prepaid cards, prepaid card accounts, and/or prepaid card account services. For example, in some embodiments, a method is provided that includes: (a) receiving transaction information associated with a transaction, where the transaction includes a transaction machine, a prepaid card account, and a holder of the prepaid card account; (b) determining, based at least partially on the transaction information, that the transaction involves the prepaid card account; (c) determining that the prepaid card account has a budget category; (d) determining, based at least partially on the transaction information, that the transaction applies to the budget category; (e) determining that the budget category has a spending threshold; (f) determining, based at least partially on the transaction information, that the spending threshold will be (or has been) met as a result of the transaction; and (g) sending an alert to the holder based at least partially on the determining that the spending threshold will be (or has been) met.09-20-2012
20120239565Internet Payment, Authentication and Loading System Using Virtual Smart Card - A system loads, authenticates and uses a virtual smart card for payment of goods and/or services purchased on-line over the Internet. An online purchase and load (OPAL) server includes a virtual smart card data base that has a record of information for each smart card that it represents for a user at the behest of an issuer. The server includes a smart card emulator that emulates a smart card by using the card data base and a hardware security module. The emulator interacts with a pseudo card reader module in the server that imitates a physical card reader. The server also includes a client code module that interacts with the pseudo card reader and a remote payment or load server. A pass-through client terminal presents a user interface and passes information between the OPAL server and a merchant server, and between the OPAL server and a bank server.09-20-2012
20110047074One card system - This invention relates to a novel system which includes a new device (the DEVICE) and a new business process (the PROCESS) that combines multiple cards (for both financial and non-financial transactions) into one card in a secured manner.02-24-2011
20120271763METHOD AND SYSTEM FOR MOBILE REMITTANCE - Methods and systems of mobile remittance that are network-agnostic and that allow transfer of funds across any network, regardless of whether these networks have funds transfer agreements with each other. In accordance with aspects of the present invention, the methods and systems of mobile remittance transactions are easy to use and secure, and ensure that the mobile remittance reaches the intended recipient, regardless of whether the recipient is in an urban or rural area.10-25-2012
20120323781COMMUNICATION SYSTEM, SETTLEMENT MANAGEMENT APPARATUS AND METHOD, PORTABLE INFORMATION TERMINAL AND INFORMATION PROCESSING METHOD, AND PROGRAM - The present invention provides a communication system that enables safe and easy addition of a function for use of credit card settlement services to a portable information terminal. In this system, if a user brings his credit card close to the portable information terminal, the portable information terminal reads a card ID stored in a contactless IC card provided in the credit card. Then, the card ID is transmitted to a card management system which checks whether or not the card ID is valid. If confirming that the card ID is valid, the card management system instructs the portable information terminal to write the card ID thereto. If the user places an order of a merchandize, the card ID written to the portable information terminal is provided therefrom to use credit card settlement services.12-20-2012
20120323777BUSINESS TO BUSINESS MOBILE VAULT - Embodiments extend to methods, systems, and computer program products for a business to business mobile vault. Embodiments allow retailers to pay distributors electronically through the use of a mobile device such as a mobile phone. Electronic payment through a mobile phone is more efficient than a currency transaction and reduces the amount of currency that delivery and distributor personnel handle. Further, mobile phone communication is available in many geographic locations, and in some geographic locations is the only form of communication available. Thus, electronic payment through a mobile phone can often be used even when other computer systems and specialized equipment such as point of sale terminals are not available or are not used, and when other types of data connections are not available.12-20-2012
20120323780MULTI-PURPOSE PAYMENT CARD AND METHOD OF USING SAME - A multi-purpose payment card has indicia on at least one side that provides membership information for a merchant and a magnetic strip on one surface. The multi-purpose card is issued by the merchant to a card carrier and information is provided on how to activate the payment function of the card. To activate the payment function the card carrier contacts a service provider and authorizes activation. The service provider issues a pin number to the card carrier and collects funds from the card carrier's bank account. The service provider provides an incentive to use the card by making a designated charitable donation for each transaction.12-20-2012
20120323779STORED-VALUE CARD MANAGEMENT METHOD AND SYSTEM - A computerized system for activating, issuing and otherwise managing transactions and activities pertaining to stored-value cards over a communications network. A central information database is provided for storing stored-value cardholder and card purchaser information received directly from respective stored-value cardholders and card purchasers PCs through a universal central processor via respective communication gateways. The central processor is coupled for communication realtime to multiple unaffiliated stored-value card processing networks normally operated by respective hosts. Each network includes a stored-value card processor coupled to a stored-value card database and multiple respective merchant communication devices. The central processor is programmed for managing the activation and issuance of transactions and activities for the stored-value card through the respective unaffiliated networks. The universal central processor is programmed to issue the stored-value cards directly to the cardholder or card purchaser by download over respective communication gateways. The universal central processor is further programmed for reporting the card activations, issuances, transactions and activities to the cardholders and the merchants thereby providing a universal management system.12-20-2012
20120323778PREPAID TRANSACTION CARD ACTIVATION SYSTEM AND METHOD - Reloadable or non-reloadable prepaid transaction card activation systems are disclosed. More specifically, the system provides a platform for activation of prepaid or stored value transaction cards and capture of customer demographic information, and verification of that information, after the customer has obtained or has been issued a prepaid transaction card. The data capture is performed at activation rather than at point of sale.12-20-2012
20120278232PAYMENT SYSTEM AND METHODS - Disclosed are payment system and methods.11-01-2012
20120278231SYSTEM AND METHOD FOR HEDGING CURRENCY FLUCTUATIONS - An unspecified, variable bonus amount of phone card time (or some other product whose delivered value can be varied) is provided with a with a topup, where the topup amount has a fixed delivered amount in local currency and the topup is sold in other territories where foreign exchange rate fluctuations provide for a fluctuating cost of the fixed topup amount. The bonus amount may be applied to a bonus, such as a bonus phone card, that provides a hedge against exchange rate fluctuations by being a variable amount of bonus phone card time, for example, associated with the topup.11-01-2012
20120089513NEAR FIELD COMMUNICATION TERMINAL CAPABLE OF LOADING CARD WITH MONEY AND METHOD OF OPERATING THE SAME - Disclosed herein are an NFC terminal and a method of operating an NFC terminal. The NFC terminal includes an NFC unit and a payment unit. The NFC unit communicates with an external payment processing server. The payment unit pays for loaded money data while communicating with the payment processing server.04-12-2012
20110320350TRANSACTION PRODUCT WITH A PLURALITY OF CARDS - A transaction product includes a housing and a plurality of cards. The housing defines a storage chamber and a substantially planar exterior surface facing away from the storage chamber. The housing is configured to repeatedly open and close to selectively provide access to the storage chamber and includes a machine-readable account identifier statically secured to the substantially planar exterior surface. The machine-readable account identifier links the transaction product to an account or record remote from the transaction product and having a value available for use as payment toward a purchase. The plurality of cards is arranged in at least one stack. The at least one stack is selectively maintained within the storage chamber of the housing, and each card of the plurality of cards is substantially planar.12-29-2011
20120330830SYSTEM AND METHOD FOR CREATING AND MANAGING A STORED VALUE ACCOUNT ASSOCIATED WITH A CLIENT UNIQUE IDENTIFIER - A method and system for creating and managing a stored value account associated with a client device is disclosed. A first stored value and an associated first virtual token may be created. A graphical representation of the first virtual token may be displayed on a display of a client device. An exchange request may be received, and a second stored value account may be created along with an associated second virtual token. Next, an animation that includes a transition from the first virtual token to the second virtual token may be displayed on the display of the client device. The animation may include a peel-off effect in which the first virtual token appears to curl away to reveal the second virtual token when the first virtual token has been exchanged for the second virtual token.12-27-2012
20120101943E-WALLET SERVICE METHOD BASED ON A WAITING SCREEN APPLICATION - The present invention provides an E-wallet service method based on a waiting screen application capable of providing payment services for various types of finance company systems through a waiting screen applications installed in various types of terminals without previous registration to finance company.04-26-2012
20100198726METHODS AND SYSTEMS FOR EXCHANGING/TRANSFERRING GIFT CARDS - Methods and systems for exchanging various forms of value, including coins, currency, credit, debit, and/or bank account funds, for prepaid cash cards, credit cards, phone cards, and the like. In one embodiment, a value exchange machine includes a coin input region, a coin sorting/counting apparatus, a card reader, and a communications facility configured to communicate with a remote computer network. In another embodiment, a value exchange system includes one or more of the value exchange machines connected to one or more remote computers via a communications link. A user wishing to purchase, for example, a prepaid cash card can visit one of the value exchange machines, select the desired transaction, and pay for the card with coins, currency, a credit card, a debit card, and/or bank account funds. After confirming payment, the value exchange machine dispenses the card to the user.08-05-2010
20130013501METHODS AND SYSTEMS FOR MAKING A PAYMENT VIA A STORED VALUE CARD IN A MOBILE ENVIRONMENT - Methods and systems for making a financial payment to a payee via a stored value (SV) card utilizing a mobile device such as a mobile telephone (cellphone) or wireless connected personal digital assistant (PDA). The mobile device communicates wirelessly with a mobile financial transaction system (MFTS) that stores user information and transaction information. A user enters information via the mobile device identifying a payee and indicating a stored value card payment method. The mobile device generates a mobile payment instruction that includes information corresponding to the identified payee and indicating a stored value card payment method. The mobile payment instruction is wirelessly communicated to the MFTS. The MFTS generates an MFTS payment instruction to a payment instruction recipient that can issue a new stored value card and/or reload funds onto a pre-existing stored value card. The MFTS communicates the MFTS payment instruction to the payment instruction recipient.01-10-2013
20130013500Multi-Sided Disbursement Platform - A system and method are disclosed for making disbursements to one or more consumers via a disbursement platform. In accordance with an embodiment, a method can comprise receiving at a computer, a first request to make a first disbursement. The method can further comprise receiving at the computer, a second request to make a second disbursement, wherein the first and second disbursements are different. The method can additionally comprise normalizing the first and second disbursements; and loading a prepaid account with the normalized first and second disbursements.01-10-2013
20090112763METHODS AND SYSTEMS OF CONTROLLING ACTIVITIES OF FINANCIAL ACCOUNTS - Embodiments describe a method and a system to control activities of a financial account. A holder of the financial account may be restricted to transact only with a first set of merchants. The holder of the financial account may be prohibited from transacting with a second set of merchants. The holder of the financial account may further be restricted to transact based on at least one of category or spending limit.04-30-2009
20090070258SYSTEM AND METHOD FOR GENERATION OF CUSTOMIZED CARDS HAVING A GIFT VALUE ASSOCIATED THEREWITH - The subject application is directed to a system and method for generating gift cards. Image data representing gift card formats is first generated on an associated display. A gift card is then selected and text data is received representing text associated with the selected gift card. Gift amount data is then received representing a fungible value associated with the selected gift card. Charge data associated with a cost associated with the gift amount is then received. Encoded data, corresponding to the gift amount, is then generated. Thereafter, a tangible gift card is generated in accordance with the selected gift card format and the received text. In accordance with one embodiment of the subject application, the encoded data is stored on a tangible medium on the tangible gift card.03-12-2009
20080235135Method and System for Restricting the Usage of Payment Accounts - A user's ability to spend and/or receive funds for payment accounts maintained in an electronic wallet are limited. These limitations include restrictions on where the user is able to spend the funds in a payment account (e.g., at which merchants the funds can be spent, whether the funds can be withdrawn from an ATM, etc.). These limitations may also include restrictions on what other payment accounts the user can receive funds from and/or transfer funds to, thereby limiting person-to-person fund transfers.09-25-2008
20110246362Method and System for Processing Internet Payments Using the Electronic Funds Transfer Network - A system and method for effectuating Electronic Funds Transfer credit messages. The main structural components of the system include a Payment Portal Processor (PPP), an Internet Pay Anyone (IPA) Account, a Virtual Private Lockbox (VPL) and an associated Account Reporter, the existing EFT networks, and a cash card for accessing a VPL or IP account. The PPP is a software application that provides a secure portal for accessing (linking to) either the user's Demand Deposit Account (DDA) or an IPA account and can be combined with the functionality of a traditional digital Wallet. Consumers use a PPP enhanced Wallet to fund their account, shop on the web, pay bills, pay anyone, store electronic receipts and transaction history, and check their recent PPP enhanced Wallet activity. The IPA account is a special purpose account with limited functionality for making electronic payments in the form of EFT credit messages. The VPL is a limited function receive only account for receiving electronic payments through the EFT. The Account Reporter is a portal to view transaction history and balance of IPA and VPL accounts, provide online, real-time transaction reports, and to reconciles accounts receivable/purchase records against incoming EFT payment records. A physical card can be associated with either an IPA or VPL account in order to provide PIN debit capability.10-06-2011
20130179340E-WALLET WITH CROSS-BORDER CAPABILITY - Local shipping addresses in a first country are assigned to a plurality of consumers having physical addresses in at least one country other than the first country. A request is obtained, from an e-commerce retailer, for a corresponding one of the local shipping addresses. Product information, an indication of a desired form of shipping from the e-commerce retailer to the corresponding one of the local shipping addresses, and an indication of a desired form of shipping from the corresponding one of the local shipping addresses to a corresponding one of the physical addresses in the at least one country other than the first country are obtained. An indication of an estimated fully landed cost associated with the on-line shopping session is dispatched.07-11-2013
20130179342Methods and System for Utilizing Cash with Online Activities - Systems and methods for facilitating cash payments for online transactions are provided. In some embodiments, a transaction is initiated online with a retailer where a user indicates that payment will be made for the transaction using cash. The user may then complete payment of the transaction with a cash payment service establishment using transaction identification information given to the user. Systems and methods for retrieving funds from an online/virtual account are also provided. In some embodiments, a user is able to initiate a funds transfer from an online/virtual account which are to be received in the form of cash at a money transfer service location.07-11-2013
20120254030METHODS, SYSTEMS AND COMPUTER READABLE MEDIA FOR OVER THE AIR (OTA) PROVISIONING OF SOFT CARDS ON DEVICES WITH WIRELESS COMMUNICATIONS CAPABILITIES - A soft card provisioning application is instantiated on a device with wireless communications capabilities. A card number for a soft card desired to be provisioned on the device is obtained from a user of the device. An issuer identification number retrieved from the card number is communicated to a provisioning configuration server over an air interface. A provisioning issuer server network address is obtained from the provisioning configuration server based on the issuer identification number. Card issuer specific challenges are presented to the user, and the user's responses to the challenges are received. The challenge responses are communicated to the provisioning issuer server. Soft card image data and personalization data, where the personalization data includes personalized embossed and pre-printed data, are received from the provisioning issuer server over the air interface. The soft card is provisioned for use on the device based on the data received over the air interface.10-04-2012
20120254026METHOD AND APPARATUS OF PERFORMING EXPEDITE MONETARY EXCHANGE PROCEDURES - A method, computer program product, circuitry and apparatus for providing integrated user monetary transactions are disclosed. One example method may include managing a number of different device interfaces via a management interface, the device interfaces configured to communicate interactively with a user. The method may also include communicating commands with the management interface via an application layer interface, comprising a memory and processor, the commands being communicated responsive to the user's interactive communication with the device interfaces, and receiving user input commands corresponding to the user's actions via the device interfaces.10-04-2012
20110270750System and method for securing payment instruments - A system and method for securing financial information in payment instruments including generating a pseudorandom number sequence, generating an activation code, including a unique pseudorandom number of the sequence with each payment instrument of a plurality of payment instruments and issuing the plurality of payment instruments with the activation code to a customer. The activation code is associated with customer identifying information and each unique pseudorandom number of the sequence included with each payment instrument of the plurality of payment instrument. The plurality of payment instruments is activated with the activation code. A received payment instrument of the plurality of payment instruments is authenticated if the customer and the unique pseudorandom number of the sequence included on the received payment instrument are authenticated and if the plurality of payment instruments are activated.11-03-2011
20130091055METHODS AND SYSTEMS FOR EXCHANGING AND/OR TRANSFERRING VARIOUS FORMS OF VALUE - Methods and systems for exchanging various forms of value, including coins, currency, credit, debit, and/or bank account funds, for prepaid cash cards, credit cards, phone cards, and the like. In one embodiment, a value exchange machine includes a coin input region, a coin sorting/counting apparatus, a card reader, and a communications facility configured to communicate with a remote computer network. In another embodiment, a value exchange system includes one or more of the value exchange machines connected to one or more remote computers via a communications link. A user wishing to purchase, for example, a prepaid cash card can visit one of the value exchange machines, select the desired transaction, and pay for the card with coins, currency, a credit card, a debit card, and/or bank account funds. After confirming payment, the value exchange machine dispenses the card to the user.04-11-2013
20130097074FINANCIAL SERVER, IC CARD TERMINAL, AND FINANCIAL INFORMATION PROCESSING METHOD - A system capable of charging up electronic money cards using a credit card is provided. A PIN is authenticated between a card terminal and the credit card. The card terminal transmits to a credit company server an authentication result, amount information indicating an amount with which to charge up, and a credit card number of the credit card. After billing, the credit company server transmits the amount information and the credit card number to an electronic money server. The electronic money server identifies an electronic money card based on the credit card number. The electronic money server generates amount change information for adding the amount with which to charge up to “VALUE”, and transmits the amount change information to the card terminal. The electronic money card updates the amount of “VALUE” stored therein to an amount specified by the amount change information.04-18-2013
20130124408System and Method for Electronic Wallet Conversion - A system and method for electronic wallet conversion allows conversion of a basic electronic wallet to a more flexible wallet account, providing additional services and requiring additional authentication. The basic accountholder eventually requires the additional services provided by the more flexible wallet, typically editing rights and making purchases at sites requiring authentication beyond the basic level. To convert the account, the account holder is presented with a one-time challenge and response mechanism that requires the accountholder to summon information that only the account holder would know. If a successful match is made, the account is converted to the more flexible account for all time. The accountholder replaces the one-time challenge and response with a second-level password that grants the accountholder ongoing access to more sensitive wallet features, such as the ability to purchase at sites requiring a second-level password, and editing rights to the information stored in the wallet.05-16-2013
20130124407System and Method for Electronic Wallet Conversion - A system and method for electronic wallet conversion allows conversion of a basic electronic wallet to a more flexible wallet account, providing additional services and requiring additional authentication. The basic accountholder eventually requires the additional services provided by the more flexible wallet, typically editing rights and making purchases at sites requiring authentication beyond the basic level. To convert the account, the account holder is presented with a one-time challenge and response mechanism that requires the accountholder to summon information that only the account holder would know. If a successful match is made, the account is converted to the more flexible account for all time. The accountholder replaces the one-time challenge and response with a second-level password that grants the accountholder ongoing access to more sensitive wallet features, such as the ability to purchase at sites requiring a second-level password, and editing rights to the information stored in the wallet.05-16-2013
20110276482SYSTEM AND METHOD FOR IDENTIFYING MULTIPLE TYPES OF ELECTRONIC MONEY, AND APPARATUS APPLIED THERETO - The present disclosure relates to a system and method for identifying multiple types of electronic money, and an apparatus employing the same. The system for identifying multiple types of electronic money includes an electronic money terminal apparatus capable of identifying various types of electronic money and providing an electronic money service, including charging, payment, and transfer of electronic money11-10-2011
20130132274CARDLESS PAYMENT TRANSACTIONS - A method of processing a transaction between a customer and a merchant includes receiving from a mobile device of the customer or from another device of the customer an indication of consent to perform a cardless payment transaction with the merchant, receiving from the mobile device an indication that the customer is within a predetermined distance of the merchant, after receiving both the indication of consent and the indication that the customer is within the predetermined distance, sending to a computer system of the merchant an indication of the presence of the customer and personal identifying information for the customer, receiving data indicating a transaction between the customer and the merchant, and submitting the transaction to a financial service for authorization.05-23-2013
20130132273SYSTEMS AND METHODS FOR PRICING - Systems and methods for calculating prices for manufacturing signage, generating machine files for manufacturing signage, and manufacturing signage, in part or complete, using the machine files. Design option records are stored in a pricing matrix, where each design option record includes a design option and a price that may vary depending on design parameters. A design specification is processed to convert content objects and design parameters into a set of selected design options, where each selected design option corresponds to a design option record. Pricing information for fabricating the product, in part or complete, is calculated for the selected design options based on the price of the corresponding design option record. A machine file is generated which is used to control a machine to manufacture the product, in part or complete. The product may then be manufactured by a manufacturing system using the machine file.05-23-2013
20130179341VIRTUAL WALLET - The virtual wallet method provides an account routing system that links all end user account issuing institutions to a central portal for electronic commerce transactions. Moreover, the issuing institutions can be linked to the central portal for identification and/or any personal information kept by an institute where an account exists.07-11-2013
20100287095Portable Terminal Device, Charging Management Component, and Program for Controlling Portable Terminal - A portable terminal device includes a main control unit 11-11-2010
20110238571Method for Processing Internet Point of Sale Payment Using Automated Teller Machine Switch Settlement - A system and method for effectuating Electronic Funds Transfer credit messages. The main structural components of the system include a Payment Portal Processor (PPP), an Internet Pay Anyone (IPA) Account, a Virtual Private Lockbox (VPL) and an associated Account Reporter, the existing EFT networks, and a cash card for accessing a VPL or IP account. The PPP is a software application that provides a secure portal for accessing (linking to) either the user's Demand Deposit Account (DDA) or an IPA account and can be combined with the functionality of a traditional digital Wallet. Consumers use a PPP enhanced Wallet to fund their account, shop on the web, pay bills, pay anyone, store electronic receipts and transaction history, and check their recent PPP enhanced Wallet activity. The IPA account is a special purpose account with limited functionality for making electronic payments in the form of EFT credit messages. The VPL is a limited function receive only account for receiving electronic payments through the EFT. The Account Reporter is a portal to view transaction history and balance of IPA and VPL accounts, provide online, real-time transaction reports, and to reconciles accounts receivable/purchase records against incoming EFT payment records. A physical card can be associated with either an IPA or VPL account in order to provide PIN debit capability.09-29-2011
20130151405Mobile Wallet Off-line Transaction System - A system for processing mobile payment transactions is described, the system includes a mobile electronic device having a mobile wallet module for initiating payment transactions from a mobile payment account associated with a payment service provider and operable to communicate with the payment service provider via a data network to settle the payment transaction. The mobile electronic device receives and stores data defining an off-line enabled merchant interface when the mobile electronic device is connected to the data network, processes an off-line payment transaction through the stored merchant interface when the mobile electronic device is not connected to the data network, and communicates details of the off-line payment transaction to the payment service provider when the mobile electronic device is re-connected to the data network.06-13-2013
20130151406ELECTRONIC BEARER BOND ONLINE TRANSACTION AND CARD SYSTEM AND METHOD THEREOF - An electronic transaction system, comprising bearer bond means for providing an online electronic bearer bond having a monetary value, transaction means for performing monetary transactions with said bearer bond means, and network means for providing user access to said bearer bond means and said transaction means. A method and system of an electronic transaction is provided where the method includes issuing information of a card having a monetary value and applying the monetary value of the card towards a payment for a transaction.06-13-2013
20100293093Alterable Security Value - Handling of verification values for portable consumer payment devices is disclosed. A verification value can be generated and associated with a portable payment device. The verification value can serve to supplement the conventional verification value that is printed on the portable payment device in order to provide an additional level of security against fraudulent use. When the portable payment device is used for a qualifying transaction, the generated verification value can be used to verify or authenticate the transaction instead of or in addition to the conventional verification value printed on the portable payment device.11-18-2010
20100312699Debit purchasing of stored value card for use by and/or delivery to others - 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.12-09-2010
20130138561METHOD AND SYSTEM FOR CROSS-BORDER STORED VALUE PAYMENT - Methods and systems for provisioning data to a mobile device operable as a contactless payment device, the data including currency location data; receiving a notification that the mobile device is operating in a second currency location; and sending updated currency location data to the mobile device based on the second currency location. Some methods and systems include receiving, at a mobile device operable as a contactless payment device, currency location data associated with a first currency location; receiving updated currency location data associated with a second currency location by the mobile device located at the second currency location; and updating values for currency location data parameters of the mobile device based on the updated currency location data.05-30-2013
20090327129SOCIAL NETWORK ENABLED GROUP GIFT CARD - A system and method that allows for a group of individuals to easily contribute to the same gift card is disclosed. The gift card can be a traditional physical card or an electronic card. In one embodiment, an account administrator establishes a group enabled gift card account for self-consumption or for a specified gift recipient. The administrator engages potential group gift card contributors through various electronic communication mechanisms who can then add funds to the account. The contribution period may remain open based on criteria supplied by the administrator. Once the account is closed, the collected amount is transferred to a designated gift card and sent to the recipient.12-31-2009
20120284182CHECK-CASHING/LOAN SYSTEM USING A VARIABLE AMOUNT ELECTRONIC FUNDS CARD - A rechargeable and disposable electronic funds (cash card) issued by a non-financial facility, such as a check cashing facility, a payday loan facility or a short term loan facility, is disclosed where the card substitutes for the cash and is labeled in the name of a bank type financial institution with which the non-financial facility has a relationship. The card can be charged with a variable amount on money. When used at a store for a purchase it can act like a debit card but need not have a name of the holder associated with (or embossed on) it like a gift card, so the user can remain anonymous. The card can be upgraded to a rechargeable or debit/credit card. The card can draw on an account or sub account of the check cashing service or of the bank.11-08-2012
20120284181ELECTRONIC CURRENCY, ELECTRONIC WALLET THEREFOR AND ELECTRONIC PAYMENT SYSTEMS EMPLOYING THEM - Electronic currency consists of data in a form suitable to be stored in a user's data storage medium, comprising information on the data value, identification of each specific set of data or data point, and authentication information suitable to verify that said data has been generated by a specific Currency Issuing Authority (CIA). A method and a system for effecting currency transactions between two users over the Internet or other communication network are also described.11-08-2012
20120284180MOBILE TRANSACTION METHOD AND PORTABLE ELECTRONIC DEVICE FOR MOBILE TRANSACTION - A mobile transaction method is implemented using a portable electronic device for processing a transaction through an electronic transaction platform. The portable electronic device is removably coupled to a payment card that stores payment account information. In the method, the portable electronic device is operable to generate transaction information related to the transaction, to obtain the payment account information from the payment card, to establish a session and communicate with the electronic transaction platform, and to collaborate with the electronic transaction platform to process payment for the transaction.11-08-2012
20130159180WALLET BANKING SYSTEM - A Wallet Banking System (WBS) for handling large volume transactions is disclosed. This invention relates to banking systems, and more particularly to wallet banking systems. Existing banking systems charge a certain amount on per transaction basis. As a result, the customer will have to pay a considerable amount for every transaction transactions that he makes. The disclosed method creates a wallet account for every core bank account of a customer that requires payments. An amount of money is automatically made available from the customers' core bank account to the customers' wallet account in WBS by using lien facility. The amount made available to the wallet account, there after becomes available for making payments from WBS. WBS will post a consolidated entry at the end of the day into customers' operational account in CBS thus reducing the entries that get posted into the CBS to a minimum.06-20-2013
20130159181System and Method for Enhanced Mobile Wallet - A flexible, extensible, and dynamically configurable Mobile Wallet (mWallet) facility that inter alia leverages the ubiquitous nature of wireless devices to inter alia ‘store’ a quanta of value (including inter alia an amount of money, coupons, vouchers, credits, points, rewards/awards, etc.) on a wireless device so that a user of such a device may subsequently employ just their ever-present wireless device to among other things complete the payment portion of a transaction.06-20-2013
20130204781CREDIT CARD SYSTEM AND METHOD - A credit card system is provided which has the added feature of providing additional limited use credit card numbers and/or cards. These numbers and/or cards can be used for a single or limited use transaction, thereby reducing the potential for fraudulent reuse of these numbers and/or cards. The credit card system finds application to “card remote” transactions such as by phone or Internet. Additionally, when a single use or limited use credit card is used for “card present” transactions, so called “skimming” fraud is eliminated. Various other features enhance the credit card system, which will allow secure trade without the use of elaborate encryption techniques. Methods for limiting, distributing and using a limited use card number, controlling the validity of a limited use credit card number, conducting a limited use credit card number transaction and providing remote access devices for accessing a limited use credit card number are also provided.08-08-2013
20130159178System and Method For Loading A Virtual Token Managed By A Mobile Wallet System - A method and system include receiving a payment account number from a token, such as a traditional credit card. Either the payment account number or a token is communicated over a communications network to a mobile wallet system and/or a vault. A first authorization code may be generated in response to receiving the payment account number or token. Next, the first authorization code is then transmitted over the communications network for relaying the first authorization code to a portable computing device, such as a mobile phone. The portable computing device receives the authorization code and re-transmits the code (as a second authorization code) over the communications network. Subsequently, the first and second code from the portable computing device are compared to determine if a match exists. If a match exists, then the payment account number is loaded into the mobile wallet system for use as a virtual token.06-20-2013
20130185203BUSINESS AND SOCIAL MEDIA SYSTEM - A business and social media system is provided for establishing communication services between people in different countries. The system includes a core system module, the core system module including a server for maintaining information regarding a client and a means for establishing communications services between a client and another person. The system further includes external modules in communication with the core system module, the modules including a telephony termination module, a telephone module service module, an SMS module, a contact center module, a mobile application module, a web application module, a retail module, a bank module, and the like.07-18-2013
20130185202SYSTEM AND METHOD FOR MOBILE PAYMENT TRANSACTIONS - A system processes a request by a customer to pay a transaction amount, using the customer's account, for a transaction between the customer and a merchant, to provide a payment to an account of the merchant. The transaction incorporates use of a mobile wireless device operated by the customer to provide identification information of the customer's account to an authentication server. A payment server coupled to the authentication server and the merchant passes merchant communications to the authentication server. The authentication server receives the transaction amount from the merchant and receives customer account information from the customer's wireless mobile device, and processes the transaction and account information and, if authenticated, routes the payment transaction to the payment server for payment to the merchant's account.07-18-2013
20130185201Financial Services Card That Provides Visual Indicator According to Available Balance and Defined Policies - An approach is provided that displays visual indicators on a financial services card, such as a credit or debit card, that indicates the user's balance at a financial services provider. Available funds data is received at a financial services card that includes visual indicators (e.g., LEDs, etc.), a memory, a processor, a power source, and a wireless transmitter. The available funds data is received via the wireless transmitter. Visual indicators are selected based on the available funds data received from the financial services provider. The selected visual indicators are activated by providing power to the indicators from the power source. In one embodiment, the power source is a piezoelectric material, such as a piezoelectric crystal, that generates power to activate the visual indicators and run the processors and wireless transmitter based on manipulation of the card (e.g., applying pressure, etc. to the card) by the user.07-18-2013
20130191280GIFT CARD CODE ACTIVATION AND DISTRIBUTION TO PURCHASE BRAND-SPECIFIC GOODS OR SERVICES - Information sharing enhances the utility and effectiveness of gift-card transactions. A website enables a user to purchase or activate gift cards and compile recipient contact information to establish a gift network of the gift recipients. Information may be entered in relation to the interests or preferences of the gift recipients in the gift network. Product brands, services or merchants may be recommended to the user, and the user may be made aware of events, deals or promotions related to the interests and preferences of potential recipients in the gift network. Gift-related codes may be disseminated, and gift cards distributed, in accordance with numerous disclosed process flows including “social gifting” processes wherein codes are delivered directly or wherein real or virtual greeting cards are activated on-line and/or at point-of-sale (POS) location(s). An alternative embodiment of the invention resides in gift cards limited to the purchase of brand-specific goods and/or services.07-25-2013
20120030103Image-Based Submission and Verification of Redemption Codes - Improved systems and techniques for submission and verification of redemption codes are disclosed. It will be appreciated that the submission and verification techniques can, among other things, automate the submission and verification of redemption codes for various redeemable instruments, including transaction cards (e.g., gift or prepaid cards) widely used for online transactions (e.g., purchase of media items from an online media store). A redemption code can be determined based on an image of a redeemable instrument. More particularly, an image of a redeemable instrument can be processed using image analysis or one or more image processing techniques to extract a redemption code for the redeemable instrument. By way of example, an image (e.g., a digital picture) of a gift card can be processed by a device to extract an alphanumeric value printed on the gift card. This means that the alphanumeric value need not be entered manually by a person seeking to redeem the redeemable instrument (e.g., gift card). As a result, users can simply take a picture of a redeemable instrument (e.g., gift card) rather than having to manually enter long alphanumeric values commonly used today.02-02-2012
20130198066Fraud Protection for Online and NFC Purchases - A fraud protection application can allow a user to safely purchase goods without a physical account verifier such as a credit card. These types of purchases are common when purchasing items online and also when making NFC purchases. The purchaser can install a Fraud Prevention Application on a device that can recognize that the purchaser is using their device to make a purchase making a transaction. The application can initiate an independent connection with the financial institution's server and submit to the server verification data to validate the purchase. In response, the server can compare the data with identification data previously submitted by that purchaser's device and also with transaction data submitted by the merchant. If the verification data is validated then the server can approve the purchase and the transaction may proceed. If the verification data is not validated then the FPA can cause refuse the transaction.08-01-2013
20130198067REMOTE CONFIGURATION OF EMV TERMINALS - During a device programming technique, a merchant provides account information associated with a smart-card terminal to a portable electronic device (such as a cellular telephone), which is coupled to the smart-card terminal. In response, the portable electronic device provides the account information to a computer remotely located relative to the portable electronic device. Then, the computer provides a merchant identifier and a terminal identifier to the portable electronic device. Next, the portable electronic device provides the merchant identifier and the terminal identifier to the smart-card terminal, thereby facilitating programming of the smart-card terminal.08-01-2013
20130198068PRE-PAID PAYMENT INSTRUMENT PROCESSING - Methods, systems, and apparatus, including computer program products, in which a method includes attributing a value to a pre-paid payment instrument, determining an expiration time associated with the pre-paid payment instrument, and automatically return an un-used portion of value associated with the pre-paid payment instrument at the expiration time to the purchaser.08-01-2013
20130204782Stored-Value Card Management Method and System - A computerized system for activating, issuing and otherwise managing transactions and activities pertaining to stored-value cards over a communications network. A central information database is provided for storing stored-value cardholder and card purchaser information received directly from respective stored-value cardholders and card purchasers PCs through a universal central processor via respective communication gateways. The central processor is coupled for communication realtime to multiple unaffiliated stored-value card processing networks normally operated by respective hosts. Each network includes a stored-value card processor coupled to a stored-value card database and multiple respective merchant communication devices. The central processor is programmed for managing the activation and issuance of transactions and activities for the stored-value card through the respective unaffiliated networks. The universal central processor is programmed to issue the stored-value cards directly to the cardholder or card purchaser by download over respective communication gateways. The universal central processor is further programmed for reporting the card activations, issuances, transactions and activities to the cardholders and the merchants thereby providing a universal management system.08-08-2013
20120084203SYSTEM AND METHOD FOR SECURE TRANSACTIONS USING DEVICE-RELATED FINGERPRINTS - A system for conducting money transfer transactions includes a wallet application at a mobile network host that facilitates the collection of fingerprint data at a mobile user device and that maintains wallets where the fingerprint data corresponding to a user device is stored as a reference fingerprint. The fingerprint data includes both device feature characteristics and device use characteristics. When a transaction is conducted a the user device, current fingerprint data from the user device is compared to the reference fingerprint, and the transaction is permitted based on the comparison.04-05-2012

Patent applications in class Having programming of a portable memory device (e.g., IC card, "electronic purse")