System and method for processing group gift cards
DCFirst Claim
1. A method comprising:
- identifying, at a first time and via a processor and a control engine, a group of givers, each giver of the group of givers having a respective giver payment account, wherein each respective giver payment account is independent of and has no control over other giver payment accounts of the group of givers, and wherein each respective giver payment account exists prior to the first time;
identifying, through a user interface and by the control engine via a processor, a gift credit associated with a gift;
establishing, via a processor and a policy control entity, a policy, stored at a central server, being at least in part giver defined and associated with managing a transfer of money according to the gift credit from at least one respective giver payment account to a buyer payment account of a buyer to cover at least a portion of the gift cost, wherein the buyer payment account is an open loop account that existed prior to the first time;
transmitting, by the control engine via a processor, an electronic notice to a device of the buyer, the notice being linked to the buyer payment account;
monitoring, by an intelligent network engine remote from the control engine and at a second time which is later than the first time, purchases using the buyer payment account to identify a qualifying purchase according to the policy; and
based on the qualifying purchase, transferring, by the control engine via a processor, at least a portion of the gift credit from each of the at least one respective giver payment account to the buyer payment account according to the policy.
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Accused Products
Abstract
Disclosed herein are systems, methods, and non-transitory computer-readable storage media for managing a group gift using a system in which a recipient (purchaser of the group gift) and givers have registered payment accounts with the system. The system displays, on a graphical user interface, at least the giver and the recipient to yield a proposed transfer configuration at a first time. A gift or a merchant can also be identified in the interface. Upon receiving a confirmation from at least one of the giver and the receiver of the proposed transfer configuration, the system establishes a money transfer policy that indicates that, upon detecting a qualifying purchase made using the recipient payment account, at least a portion of a transfer amount is applied to the recipient payment account from at least one giver account. The system simplifies the process of a group of people joining together to buy a gift.
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Citations
20 Claims
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1. A method comprising:
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identifying, at a first time and via a processor and a control engine, a group of givers, each giver of the group of givers having a respective giver payment account, wherein each respective giver payment account is independent of and has no control over other giver payment accounts of the group of givers, and wherein each respective giver payment account exists prior to the first time; identifying, through a user interface and by the control engine via a processor, a gift credit associated with a gift; establishing, via a processor and a policy control entity, a policy, stored at a central server, being at least in part giver defined and associated with managing a transfer of money according to the gift credit from at least one respective giver payment account to a buyer payment account of a buyer to cover at least a portion of the gift cost, wherein the buyer payment account is an open loop account that existed prior to the first time; transmitting, by the control engine via a processor, an electronic notice to a device of the buyer, the notice being linked to the buyer payment account; monitoring, by an intelligent network engine remote from the control engine and at a second time which is later than the first time, purchases using the buyer payment account to identify a qualifying purchase according to the policy; and based on the qualifying purchase, transferring, by the control engine via a processor, at least a portion of the gift credit from each of the at least one respective giver payment account to the buyer payment account according to the policy. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13)
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14. A system comprising:
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a processor; a control engine; an intelligent network engine; a central server; and a memory storing instructions that, when executed by the processor, cause the processor to perform operations comprising; identifying, at a first time and via a processor and the control engine, a group of givers, each giver of the group of givers having a respective giver payment account, wherein each respective giver payment account is independent of and has no control over other giver payment accounts of the group of givers, and wherein each respective giver payment account exists prior to the first time; identifying, through a user interface and by the control engine via a processor, a gift credit associated with a gift; establishing, via a processor and a policy control entity, a policy, stored at the central server, being at least in part giver defined and associated with managing a transfer of money according to the gift credit from at least one respective giver payment account to a buyer payment account of a buyer to cover at least a portion of the gift cost, wherein the buyer payment account is an open loop account that existed prior to the first time; transmitting, by the control engine via a processor, an electronic notice to a device of the buyer, the notice being linked to the buyer payment account; monitoring, by a intelligent network engine remote from the control engine and at a second time which is later than the first time, purchases using the buyer payment account to identify a qualifying purchase according to the policy; and based on the qualifying purchase, transferring, by the control engine via a processor, at least a portion of the gift credit from each of the at least one respective giver payment account to the buyer payment account according to the policy. - View Dependent Claims (15, 16, 17, 18)
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19. A non-transitory computer-readable storage medium storing instructions which, when executed by a computing device, cause the computing device to perform operations comprising:
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identifying, at a first time and via a processor and a control engine, a group of givers, each giver of the group of givers having a respective giver payment account, wherein each respective giver payment account is independent of and has no control over other giver payment accounts of the group of givers, and wherein each respective giver payment account exists prior to the first time; identifying, through a user interface and by the control engine via a processor, a gift credit associated with a gift; establishing, via a processor and a policy control entity, a policy, stored at a central server, being at least in part giver defined and associated with managing a transfer of money according to the gift credit from at least one respective giver payment account to a buyer payment account of a buyer to cover at least a portion of the gift cost, wherein the buyer payment account is an open loop account that existed prior to the first time; transmitting, by the control engine via a processor, an electronic notice to a device of the buyer, the notice being linked to the buyer payment account; monitoring, by a intelligent network engine remote from the control engine and at a second time which is later than the first time, purchases using the buyer payment account to identify a qualifying purchase according to the policy; and based on the qualifying purchase, transferring, by the control engine via a processor, at least a portion of the gift credit from each of the at least one respective giver payment account to the buyer payment account according to the policy. - View Dependent Claims (20)
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Specification