Patent ID: 7387238

Claim:
A device for providing stored value card services, the device comprising: an input device that reads data from a stored value card to be activated and a previously activated stored value card; a customer enrollment module that enrolls a customer in a stored value card program, the customer enrollment module comprising: logic configured to identify information corresponding to an account associated with the previously activated stored value card; logic configured to determine that the account corresponds to a competitor's stored value card program; and logic configured to enroll the customer in a new stored value card program by qualifying the customer for reception of a new stored value card, such qualifying step including performing an OFAC check, creating an account for the qualified customer, associating a temporary stored value card with the created account and receiving funding for the new stored value card by transferring the funds from the previously activated stored value card; wherein the logic configured to enroll the customer in a new stored value card program comprises logic configured to transfer the balance in the account associated with the previously activated stored value card to the created account corresponding to the new stored value card program.