Patent ID: 8706630

Claim:
A computerized method for securely authorizing and transacting specific processing requests for stored-value cards from an originating merchant location over an originating communications network, the method comprising: storing in a database coupled to a central processor a plurality of records comprising information identifying specific merchant locations, if any, and information identifying specific communications networks for carrying or transmitting stored value card processing requests, if any, that are authorized to transact specific processing requests, each of the specific merchant locations and specific communications networks identified by an identifier; receiving at the central processor a specific processing request for a stored value card, along with the identifier of the originating merchant location or the originating communication network; determining at the central processor whether the received identifier of the originating merchant location or the originating communication network is stored in the database as a trusted source for making the specific processing request; responsive to a determination that the received identifier is associated with a trusted merchant location that is stored in the database as a trusted source for making the specific processing request, performing the specific processing request; responsive to a determination that the received identifier is associated with a trusted communication network for making the specific processing request for the stored value card: performing the specific processing request; and capturing an identifier of the originating merchant location from which the specific processing request was sent over the originating communications network, deeming that the originating merchant location is a trusted source based upon its use of a trusted communications network, and storing the captured identifier of the originating merchant location in the database as a trusted merchant location for future processing requests, if not already stored in the database.