Patent ID: 7254557
Filing Date: 2007-08-07
Classification: G06Q

Abstract:
1. A method comprising: a) receiving a request for a financial services account of a plurality of financial services accounts capable of being evidenced by financial services cards, b) accepting a selection of a first sequence of characters from a person making the request, c) selecting a second sequence of characters which identify an entity unrelated to the person, d) combining the first sequence of characters and the second sequence of characters into a cardholder name, e) storing the cardholder name into a database record including an identifier of a financial services account and an available amount, f) accepting a payment for an activation of the financial services account, g) creating a financial services card for the financial services account, the financial services card including the cardholder name, h) providing for delivery of the financial services card to the person, i) activating the financial services account, j) providing an anonymizing capability for the financial services account, k) depositing the payment into a DDA account, l) setting a transaction, between the person and a merchant who accepted the financial services card, out of the DDA account, and m) decreasing the available amount by an amount of the transaction.