Patent ID: 6339766
Filing Date: 2002-01-15
Classification: G06Q

Abstract:
In a computer system maintained by an account issuer, a method for executing a financial transaction using an account that has at least two account numbers, one of which being a limited-use account number, comprising the steps of:issuing a first account number associated with an account established by the account issuer, the first account number being activated such that an account holder associated with the account is capable of repeatedly authorizing funds to be transferred from the account using the first account number; issuing a second account number associated with the account; such that the first account number and the second account number are both associated with the same account as opposed to being associated with two different accounts, the first account number and the second account number being associated with the same account to the extent that funds authorized for transfer using the first account number and funds authorized for transfer using the second account number are drawn from the same account rather than being drawn from two accounts, the second account number remaining inactive until the account holder requests activation thereof; activating the second account number in response to a request for activation made by the account holder; transferring funds from the account in response to the account holder making an authorization using the second account number; and deactivating the second account number upon satisfaction of a limited-use condition, such that the deactivated second account number cannot be used to transfer funds until another request for activation is made by the account holder.