System and process for debit card dispensing

• US 20030088470A1
• Filed: 01/15/2003
• Published: 05/08/2003
• Est. Priority Date: 06/16/1997
• Status: Abandoned Application

• Current Assignee: Maria T. Cuervo, Vincent Cuervo
• Original Assignee: Maria T. Cuervo, Vincent Cuervo
• Inventors: Cuervo, Vincent
• Application Number:
  US10/342,991
• Publication Number:
  US 20030088470A1
• Time in Patent Office: Days
• US Class Current: 705/16
• CPC Class Codes: G06Q 20/00 Payment architectures, schemes or protocols apparatus for performing or posting payment transactions G07F7/08, G07F19/00; electronic cash registers G07G1/12
• CPC Class Codes: G06Q 20/02 involving a neutral party, e.g. certification authority, notary or trusted third party [TTP]
• CPC Class Codes: G06Q 20/023 the neutral party being a clearing house
• CPC Class Codes: G06Q 20/04 Payment circuits
• CPC Class Codes: G06Q 20/105 involving programming of a portable memory device, e.g. IC cards, "electronic purses"
• CPC Class Codes: G06Q 20/20 Point-of-sale [POS] network systems
• CPC Class Codes: G06Q 20/204 comprising interface for record bearing medium or carrier for electronic funds transfer or payment credit
• CPC Class Codes: G06Q 20/227 characterised in that multiple accounts are available, e.g. to the payer
• CPC Class Codes: G06Q 20/28 Pre-payment schemes, e.g. "pay before"
• CPC Class Codes: G06Q 20/342 Cards defining paid or billed services or quantities
• CPC Class Codes: G06Q 20/387 Payment using discounts or coupons relating to marketing G06Q30/02
• CPC Class Codes: G06Q 20/405 Establishing or using transaction specific rules
• CPC Class Codes: G07F 17/42 for ticket printing or like apparatus , e.g. apparatus for dispensing of printed paper tickets or payment cards
• CPC Class Codes: G07F 19/20 Automatic teller machines [ATMs]
• CPC Class Codes: G07F 19/203 Dispensing operations within ATMs dispensing in general G07D11/00
• CPC Class Codes: G07F 7/025 by means, e.g. cards, providing billing information at the time of purchase, e.g. identification of seller or purchaser, quantity of goods delivered or to be delivered

Abstract

Systems and processes allow for dispensing pre-paid debit cards and the like from point of sale locations such as merchants. Pre-paid debit cards may be obtained in desired amounts. Communication from the point of sale location with a remote facility allows for subsequent use of the debit card from other locations.

Claims

1. A process for dispensing debit cards comprising the steps of:

receiving user particulars data and transaction particulars data with a first computer, said first computer having a memory;

storing said user particulars data and said transaction particulars data in said first computer memory;

receiving funds;

validating said funds with said first computer;

computing a line of credit and storing said line of credit in said first computer memory;

generating a validation signal with said first computer;

dispensing at least one debit card only after said validation signal is communicated from said first computer, said debit card having a unique identifier; and

communicating said debit card unique identifier to said first computer.

2. A process for dispensing a debit card as defined by claim 1, wherein said first computer is linked to a communications network, and wherein the method further comprises the steps of:

assembling a block of information with said first computer, said block of information including at least said user particulars data, said transaction particulars data, and said debit card unique identifier, and

communicating said block of information to a second computer over said communications network, said second computer having a memory, and storing said block of information in said second computer memory.

3. A process as defined by claim 2 wherein said block of information includes said line of credit.

4. A process as defined by claim 1 wherein said first computer is contained in a point of sale terminal having a bill acceptance port, a credit/debit card charge assembly, and a debit card dispenser.

5. A process as defined by claim 1 wherein the step of dispensing the debit card comprises dispensing the debit card with a dispenser, said dispenser having a plurality of said debit cards and being separate from said first computer.

6. A process as defined by claim 1 wherein the step of dispensing the debit card comprises a merchant dispensing the debit card.

7. A process as defined by claim 1 wherein said first computer is connected to a communications network, wherein the step of receiving user particulars data comprises obtaining data from a user credit card and communicating with a card issuer over said communications network to obtain user particulars data, wherein the step of receiving funds comprises communicating with the card issuer over said communications network to obtain issuer authorization and to charge the credit card.

8. A process as defined by claim 1 wherein said first computer is connected to a communications network, wherein the step of receiving funds comprises obtaining information from a credit card and a requested amount of funds, and wherein the method further includes the step of communicating with a credit card issuer over said communications network to obtain authorization.

9. A process as defined by claim 1 and further including the step of associating a plurality of unique card identifiers from a plurality of said debit cards with a single line of credit, and dispensing said plurality of debit cards, whereby a plurality of users may access said line of credit.

10. A process as defined by claim 1 and further including the step of a card issuer providing at least one incentive for a debit card user.

11. A process as defined by claim 1 wherein said user particulars data include at least a first and a second personal identification number.

12. A process for dispensing debit cards comprising the steps of:

obtaining data from a user credit card with a first computer;

obtaining transaction particulars data with said first computer;

using said first computer to communicate with a credit card issuer over said communications network to obtain user particulars data and to obtain authorization;

storing said user particulars data and said transaction particulars data in a first computer memory;

computing a line of credit and storing said line of credit in said first computer memory;

generating a validation signal with said first computer;

dispensing at least one debit card only after said validation signal is communicated from said first computer, said debit card having a unique identifier; and

communicating said debit card unique identifier to said first computer.

13. A process for dispensing a debit card as defined by claim 12 wherein the step of dispensing a debit card comprises dispensing a plurality of debit cards, each of said plurality of debit cards having a unique identifier, wherein the step of communicating said debit card unique identifier to said first computer comprises communicating each of said unique identifiers to said first computer, and wherein said line of credit is associated with each of said unique identifiers.

14. A process for dispensing debit cards comprising the steps of:

receiving user particulars data and transaction particulars data with a first computer, said first computer having a memory and a data input for inputting said user data;

storing said user particulars data and said transaction particulars data in said first computer memory;

receiving funds and using said first computer to validate said funds;

computing a line of credit and storing said line of credit in said first computer memory;

generating a validation signal with said first computer;

dispensing a debit card with a dispenser only after said validation signal is communicated from said first computer, said debit card having a unique identifier;

communicating said debit card unique identifier to said first computer;

assembling a block of information with said first computer, said block of information including at least said user particulars data, said transaction particulars data, and said debit card unique identifier;

communicating said block of information to a second computer over a communications network, said second computer having a memory; and

storing said block of information in said second computer memory.

15. A process as defined by claim 14 wherein said first computer is contained in a point of sale terminal having a bill acceptance port and a credit/debit card charge assembly.

16. A process as defined by claim 14 wherein said dispenser is separate from said first computer and has a plurality of stacks of said debit cards.

17. A process as defined by claim 14 wherein said dispenser comprises a merchant.

18. A process as defined by claim 14 wherein the step of receiving funds is performed by a merchant, and the wherein the step of using said first computer to validate said funds comprises said merchant entering an amount of said funds into said first computer.

19. A process as defined by claim 14 and further including the step of a card issuer providing at least one incentive for a debit card user, said at least one incentive determined using said second computer.

20. A process as defined by claim 19 wherein said at least one incentive is chosen from the group of incentives consisting of:

an incentive associated with use of said debit card in a specific geographical region, an incentive for encouraging use of the debit card and is applied after determining that the card has been unused for a period of time, and payment of interest on said line of credit.

21. A process as defined by claim 14 wherein the method comprises the step of communicating with a clearinghouse and with a card issuer over said communications network.