Patent ID: 7809642
Filing Date: 2010-10-05
Classification: G06Q,G07F,G07G

Abstract:
1. A computer-implemented method for providing a stored value card associated with a predetermined transaction network and an individual, the method comprising: publishing an offer to purchase the stored value card over a computer network; receiving, by at least one computer processor, a purchase request from the individual for the stored value card; creating, by at least one computer processor, one independent and separate account associated with the stored value card, wherein the individual funds the account with an initial value; loading the independent and separate account with the initial value by transferring and storing funds associated with the initial value into the independent and separate account; providing the stored value card to a cardholder, wherein: receiving, by a provider of the stored value card, notification from the cardholder that the cardholder has received the stored value card; activating, by at least one computer processor, the independent and separate account over the computer network; and loading, by at least one computer processor, subsequent to the funding of the initial value, the independent and separate account upon receiving a load request from the cardholder.