Patent ID: 8676676

Claim:
A computerized system comprising: at least one processor for enabling the following: receiving information indicative of a government payment payable by a government authority to a payee; receiving information indicative of a selection by the payee to associate at least a portion of the government payment with either of a stored value card or a prepaid card; receiving an assignment of right from the payee entitling a third-party payor to retain at least a portion of the associated government payment; causing the selected stored value card or prepaid card to be associated with funds representing the retained portion of the associated government payment, wherein the association of the funds with the selected stored value card or prepaid card is not subject to a loan agreement pursuant to regulatory banking laws between the payee and the third-party payor; receiving, at the third-party payor and from the government authority, the associated government payment; and issuing the selected stored value card or prepaid card to the payee.