Patent ID: 7409358
Filing Date: 2008-08-05
Classification: G06Q,G07F

Abstract:
1. A method for coordinating a change in status of a stored-value card for a customer, the method comprising: receiving transaction information at a host system from a point-of-sale terminal, the transaction information including identifier information read from and identifying the stored-value card and payment-instrument information identifying a payment instrument to be used for financing the change in status of the stored-value card; parsing the identifier information and the payment-instrument information from the received transaction information at the host system; transmitting the parsed identifier information to a stored-value-card authority; transmitting the parsed payment-instrument information to a payment authority; receiving at the host system a payment authorization from the payment authority in response to the transmission of the payment-instrument information to the payment authority; receiving at the host system from the stored-value-card authority a confirmation of the change in status of the stored-value card in records of the stored-value-card authority, the confirmation received in response to the transmission of the identifier information to the stored-value-card authority; and transmitting an approval for effecting the change in status of the stored-value card from the host system to the point-of-sale terminal.