Patent ID: 7494056

Claim:
A retail package for prepaid cards comprising: a) opposed front and rear panels joined to one another along opposed right and left side edges and along opposed top and bottom edges; b) a separable bottom panel portion associated with the front and rear panels and defined by a horizontal perforation line spaced above the lower edge and extending from the left side edge to the right side edge; and c) a loadable proxy card having a magnetic stripe provided thereon adjacent a lower edge thereof for storing data, wherein the proxy card is secured between the front and rear panels and oriented in such a manner so that the magnetic stripe is located below the horizontal perforation line defining the separable lower panel, wherein at least one other card is retained between the front and rear panels of the package above the proxy card, and wherein the proxy card and the at least one other card retained in the package are linked within a processing system to facilitate fund transfers therebetween, wherein the proxy card is one of a pin-based debit card and a non-pin-based debit card that is adapted to be loaded with funds at a point of sale, wherein the proxy card is configured to be loaded with funds up to a predefined limit, the at least one other card is an electronic debit card requiring registration prior to use, and the required registration is based on providing a name, an address, a phone number, a date of birth, and a social security number.