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Obtaining Transaction Accounts Using Identification Cards

  • US 20070228153A1
  • Filed: 04/04/2006
  • Published: 10/04/2007
  • Est. Priority Date: 04/04/2006
  • Status: Active Grant
First Claim
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1. A method for obtaining a transaction account, comprising:

  • (a) receiving an identification card to identify an individual;

    (b) automatically determining the validity of the identification card;

    (c) automatically entering data pertaining to the individual into a transaction account application, said data being received from the identification card;

    (d) transmitting the completed transaction account application from an input device to a transaction account provider;

    (e) evaluating the transaction account application; and

    (f) transmitting the result of the evaluation back to the input device.

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