Patent ID: 8271343
Filing Date: 2012-09-18
Classification: G06Q

Abstract:
1. An electronic gifting method, comprising: receiving from a purchasing system a gift purchase request including a vendor identification and a unique telephonic identifier associated with a wireless gift recipient system of a gift recipient; determining, by a processor, if there is a preexisting stored gift account associated with the unique telephonic identifier, and, if not, establishing a stored gift account associated with the unique telephonic identifier; sending to a payment authorization system a payment authorization request corresponding to the gift purchase request; receiving a payment authorization corresponding to the payment authorization request, and crediting the stored gift account associated with the unique telephonic identifier with an amount equal to the payment authorization; receiving a redemption amount request from at least one of a Web portal associated with the vendor identification and a point of sale system associated with the vendor identification; sending an authentication request addressed to the unique telephonic identifier of wireless gift recipient system for the redemption amount; receiving an authentication confirmation corresponding to the authentication request; and sending a redemption authorization to the at least one of the Web portal and the point of sale system.