MULTI-PURPOSE PAYMENT CARD AND METHOD OF USING SAME
0 Assignments
0 Petitions
Accused Products
Abstract
A multi-purpose payment card has indicia on at least one side that provides membership information for a merchant and a magnetic strip on one surface. The multi-purpose card is issued by the merchant to a card carrier and information is provided on how to activate the payment function of the card. To activate the payment function the card carrier contacts a service provider and authorizes activation. The service provider issues a pin number to the card carrier and collects funds from the card carrier'"'"'s bank account. The service provider provides an incentive to use the card by making a designated charitable donation for each transaction.
46 Citations
10 Claims
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1. (canceled)
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2. (canceled)
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3. (canceled)
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4. (canceled)
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5. A method of providing a multi-purpose debit card, comprising the steps of:
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issuing a card from an organization to a consumer, the card having a magnetic strip and indicia on at least one surface relating to a merchant program; activating a payment function on the card through a service provider wherein the service provider issues a personal identification number to the consumer, and collecting funds from a consumer'"'"'s financial organization when the consumer makes a verified transaction. - View Dependent Claims (6, 10)
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7. (canceled)
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8. (canceled)
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9. A method of providing a multi-purpose debit card, comprising the steps of:
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issuing a card having a magnetic strip and indicia on at least one surface relating to a merchant program to a consumer; activating a payment function on the card through a service provider wherein the service provider issues a personal identification number to the consumer; collecting funds from a consumer'"'"'s financial organization when the consumer makes a verified transaction; and distributing a portion of the collected funds to a charitable organization designated by the consumer.
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Specification