Patent ID: 7174317
Filing Date: 2007-02-06
Classification: G06Q,G07F,G07G

Abstract:
1. A computer-implemented system for issuing a stored value card affiliated with a predetermined transaction network and an issuer, comprising: a central processor; an input processor electrically connected and responsive to the central processor for enabling a customer to input information including a prepayment amount in connection with a prepaid card, and for generating an information signal to the central processor; a processor for receiving payment from the customer for the prepayment amount; an output processor for communicating prompting data, wherein the prompting data is operative to prompt the customer to input the information including the prepayment amount; and a network interface device electrically connected and responsive to said central processor for interfacing with a communications network to connect to a remote central server, wherein said central processor is programmed to transmit the customer inputted information including the prepayment amount through the communications network to the remote central server, wherein the remote central server is configured to store account data associated with the prepaid card based on the customer inputted information; a processor for creating in a database a separate and independent prepaid card account, wherein the prepaid card account comprises information of: a processor for activating the separate and independent prepaid card account; a processor for issuing the prepaid card to a customer, wherein the prepaid card is marked with the name of the customer before issuance; a processor for reloading the separate and independent prepaid card account in response to receiving a reload request from the customer; wherein the customer is provided with the option of identifying the authorized user as the customer or a separate recipient.