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System and method for chopping up and processing gift cards

  • US 10,269,006 B2
  • Filed: 01/13/2017
  • Issued: 04/23/2019
  • Est. Priority Date: 02/09/2009
  • Status: Active Grant
First Claim
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1. A method comprising:

  • presenting an owner of a first prepaid gift with an offer to purchase a first prepaid gift account associated with the first prepaid gift for an offer amount;

    based on an acceptance of the offer;

    generating, via a secure gateway, a second prepaid gift account for a second prepaid gift;

    loading, via the secure gateway, the second prepaid gift account with funds; and

    offering the second prepaid gift account for sale as a new prepaid gift to a person other than the owner.

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