Patent ID: 8145573
Filing Date: 2012-03-27
Classification: G06Q,G07F

Abstract:
1. A method comprising: receiving, by a payment device issuing system, a user request for a physical debit payment device; creating, by the payment device issuing system, the requested physical debit payment device including storing a plurality of identification numbers on the physical debit payment device; linking, by the payment device issuing system, the physical debit payment device to a debit funding account, the funding account including existing funds and corresponding to an account identifier different from the plurality of identification numbers; determining, by the payment device issuing system, whether the physical debit payment device is being established for an individual under a specified age; and in response to determining that the physical debit payment device is being established for an individual under the specified age, requiring, by the payment device issuing system, at least one spending control for the physical debit payment device; in response to the requiring, receiving at least one spending control by the payment device issuing system; establishing, by the payment device issuing system, a first set of one or more user-specified spending controls for a first identification number of the requested physical debit payment device; and establishing, by the payment device issuing system, a second set of one or more user-specified spending controls, different from the first set of one or more user-specified spending controls, for a second identification number of the requested physical debit payment device.