Prepaid card issuing system

• US 20050218216A1
• Filed: 01/21/2005
• Published: 10/06/2005
• Est. Priority Date: 10/07/2002
• Status: Abandoned Application

• Current Assignee: Luis A. Arias
• Original Assignee: Luis A. Arias
• Inventors: Arias, Luis A.
• Application Number:
  US11/040,481
• Publication Number:
  US 20050218216A1
• Time in Patent Office: Days
• US Class Current: 235/381
• CPC Class Codes: G06K 17/0022 arrangements or provisious for transferring data to distant stations, e.g. from a sensing device "transfer between computer elements G06F13/00 "; data-transmission H04L
• CPC Class Codes: G06Q 20/28 Pre-payment schemes, e.g. "pay before"
• CPC Class Codes: G06Q 20/341 Active cards, i.e. cards including their own processing means, e.g. including an IC or chip
• CPC Class Codes: G06Q 20/355 Personalisation of cards for use
• 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 7/08 by coded identity card or credit card or other personal identification means without personal verification means G07F7/02
• CPC Class Codes: G07F 7/10 together with a coded signal , e.g. in the form of personal identification information, like personal identification number [PIN] or biometric data
• CPC Class Codes: G07F 7/1008 Active credit-cards provided with means to personalise their use, e.g. with PIN-introduction/comparison system

Abstract

A prepaid card issuing system that includes a card with identifying indicia associated with a specific entity, such as a store from which products or services can be purchased, and a value such as a financial denomination, disposed thereon. An issuing terminal is also provided and is structured to receive the card, identify the security identifier, and communicate with a remote, control processor that receives the security identifier and defines and communicates to the issuing terminal usage information associated with the security identifier. The issuing terminal is further structured to dispose account information on the card in accordance with said the information so as to permit use of the card for the purchase of products or services, and to retain the card therein during detection of the security identifier, disposition of the account information on the card and printing of an issuance confirmation on the card.

Claims

1. A prepaid card issuing system comprising:

a) a card, said card including identifying indicia thereon associated with a specific entity;

b) an issuing terminal, said issuing terminal structured to receive and activate said card; and

c) a printer, said printer structured to print an issuance confirmation on said card so as to provide a visual verification that said card has been activated.

2. A prepaid card issuing system as recited in claim 1 wherein said issuing terminal includes said printer.

3. A prepaid card issuing system as recited in claim 1 wherein said issuing terminal is structured to at least partially receive said card and maintain said card therein while printing said issuance confirmation on said card and activating said card so as to ensure that said issuance confirmation is printed on said card that is activated.

4. A prepaid card issuing system as recited in claim 1 wherein said identifying indicia further includes a value of said card when activated.

5. A prepaid card issuing system as recited in claim 1 wherein said card includes a receipt portion on which said issuance confirmation is printed.

6. A prepaid card issuing system as recited in claim 5 wherein said receipt portion is a designated area of said card.

7. A prepaid card issuing system as recited in claim 5 wherein said card includes two portions, one of said portions including said receipt portion, and said two portions being foldable into confronting relation with one another so as to impart an increased thickness to said card.