Dual card
First Claim
Patent Images
1. A networked system in which payment transactions flow, comprising:
- an open network for communicating credit transactions;
a closed network for communicating stored value transactions; and
a dual card on which information is stored for facilitating credit transactions over the open network and stored value transactions over the closed network.
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Accused Products
Abstract
A dual card, which facilitates payment for goods or services from either a credit account or a stored value account, operates on both an open network and a closed network. The dual card is a payment card that integrates the ability to provide credit privileges and stored value privileges to a cardholder of the dual card. The features, benefits, and advantages of a stored value card are integrated with the credit card aspects of the dual card. The benefits, features, and advantages of a credit card are integrated with a stored value card.
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Citations
25 Claims
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1. A networked system in which payment transactions flow, comprising:
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an open network for communicating credit transactions;
a closed network for communicating stored value transactions; and
a dual card on which information is stored for facilitating credit transactions over the open network and stored value transactions over the closed network. - View Dependent Claims (2, 3, 4, 5, 6)
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7. A networked system in which payment transactions flow, comprising:
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a closed network for communicating credit and stored value transactions; and
a dual card on which information is stored for facilitating credit transactions, the information being capable of facilitating stored value transactions over the closed network. - View Dependent Claims (8, 9, 10, 11)
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12. In a networked system, a computer-readable medium having information stored thereon for a set of computer-implemented instructions to perform a method for communicating payment transactions, comprising:
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credit information for facilitating credit transactions over an open network to pay for goods or services; and
stored value information for facilitating stored value transactions a closed network to pay for goods or services.
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13. A method for creating a dual card account, comprising:
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receiving a credit data file from a credit card issuing bank, the credit data file being indicative that credit privileges are available to a holder of the dual card;
generating a stored value confirmation file to be sent a stored value processor, the stored value data file being indicative that stored value privileges are available to the cardholder; and
issuing the dual card to the cardholder. - View Dependent Claims (14, 15, 16, 17)
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18. A method for merging dual cards, comprising:
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receiving multiple dual card numbers to be merged on a Web page; and
merging stored value accounts of multiple dual cards into one dual card stored value account. - View Dependent Claims (19, 20)
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21. A method for making payment transactions using a dual card, comprising:
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receiving information from a payment card to pay for goods or services;
recognizing the payment card as the dual card based on its identification number; and
prompting to confirm whether a credit or stored value transaction is desired. - View Dependent Claims (22, 23, 24, 25)
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Specification