NETWORK-BASED PAYMENT SYSTEM PRE-FUNDED ACCOUNTS

• US 20080162345A1
• Filed: 12/29/2006
• Published: 07/03/2008
• Est. Priority Date: 12/29/2006
• Status: Abandoned Application

• Current Assignee: PayPal, Inc. (PayPal Holdings, Inc.)
• Original Assignee: eBay Inc.
• Inventors: Passanha, Prakash
• Application Number:
  US11/618,705
• Publication Number:
  US 20080162345A1
• Time in Patent Office: Days
• US Class Current: 705/44
• CPC Class Codes: G06Q 20/347 Passive cards
• CPC Class Codes: G06Q 20/40 Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes

Abstract

Some embodiments may provide a method comprising creating a first funded account, associating the first funded account with a first account identifier, receiving a valid activation message including the first account identifier, and, in response to receiving the valid activation message, placing the first funded account into an active state, the account being in an active state being a precondition to permitting a transfer of value from the first funded account to a second account.

Claims

1. A system comprising:

an account management module to create a first funded account, to associate the first funded account with a first account identifier, and to place the first funded account in an active state upon the satisfaction of a precondition; and

a communication module to receive a valid activation message including the first account identifier, the communication module to provide a notification to the account management module to allow the account management module to determine whether the precondition is satisfied,

wherein satisfaction of the precondition places the first funded account in the active state and permits a transfer of value from the first funded account to a second funded account.

2. The system of claim 1, wherein the account management module is to credit the first funded account with a value.

3. The system of claim 1, wherein the account management module is to, prior to the receiving of the valid activation message, place the first funded account into an inactive state.

4. The system of claim 1, wherein the activation message is valid by virtue of having been verifiably transmitted by a trusted sender.

5. The system of claim 1, wherein the account management module is to associate the first funded account with an account activation credential and wherein the activation message is valid by virtue of being associated with the account activation credential;

6. The system of claim 5, wherein the activation message is associated with the account activation credential by including the account activation credential.

7. The system of claim 1, wherein the account management module is to fund the first funded account with a value debited from a third account associated with the sender of the activation message.

8. The system of claim 1, wherein the account management module is to associate a value transfer credential with the first funded account, a presentation of the value transfer credential, in combination with a transfer request value, being a precondition to effecting a transfer of the transfer request value from the first funded account to a second account.

9. The system of claim 8, wherein the communication module is to receive a value transfer request including the value transfer credential and a transfer request value, and the account management module is to effect a transfer of the transfer request value from the first funded account to the second account.

10. The system of claim 8, wherein the communication module is to, during a communication session, receive the value transfer credential and a value transfer request including a transfer request value, and the account management module is to effect a transfer of the transfer request value from the first funded account to the second account.

11. A method comprising:

creating a first funded account;

associating the first funded account with a first account identifier;

receiving a valid activation message including the first account identifier; and

in response to receiving the valid activation message, placing the first funded account into an active state, the first funded account being in an active state being a precondition to permitting a transfer of value from the first funded account to a second account.

12. The method of claim 11, further comprising crediting the first funded account with a value.

13. The method of claim 11, further comprising placing the first funded account into an inactive state.

14. The method of claim 11, wherein the activation message is valid by virtue of having been verifiably transmitted by a trusted sender.

15. The method of claim 11, further comprising associating the first funded account with an account activation credential and wherein the activation message is valid by virtue of being associated with the account activation credential.

16. The method of claim 15, wherein the activation message is associated with the account activation credential by including the account activation credential.

17. The method of claim 11, further comprising funding the first funded account with a value debited from a third account associated with the sender of the activation message.

18. The method of claim 11, further comprising associating a value transfer credential with the first funded account, a presentation of the value transfer credential, in combination with a transfer request value, being a precondition to effecting a transfer of the transfer request value from the first funded account to a second account.

19. The method of claim 18, further comprising:

receiving a value transfer request including the value transfer credential and a transfer request value; and

effecting a transfer of the transfer request value from the first funded account to the second account.

20. The method of claim 18, further comprising:

receiving, during a communication session, the value transfer credential;

receiving, during the communication session, a value transfer request including a transfer request value; and

effecting a transfer of the transfer request value from the first funded account to the second account.

21. The method of claim 18, wherein the transfer of value is to the benefit of a network-based commerce system.

22. The method of claim 18, wherein a representation of the value transfer credential is printed on an artifact, the representation of the value transfer credential being concealed by removable opaque material.

23. The method of claim 22, wherein the artifact is a card.

24. The method of claim 22, wherein the first account identifier is printed on the artifact.

25. The method of claim 18, wherein the value transfer credential includes a passcode.

26. The method of claim 25, wherein the value transfer credential includes a login identifier.

27. The method of claim 25, wherein the passcode is a password.

28. The method of claim 18, wherein the value transfer credential includes a personal identification number (PIN).

29. A method comprising:

printing a first representation of a value transfer credential upon an artifact of printable material;

printing a second representation of an account identifier upon the artifact; and

placing a layer of opaque material on the artifact, the opaque material being disposed so as to prevent viewing of the first representation, the opaque material being removable to allow viewing of the first representation,

wherein the value transfer credential is associated with a first funded account, a presentation of the value transfer credential being a precondition to effecting a transfer of value from the first funded account to a second account.

30. An article of manufacture comprising:

a printable sheet of material;

a first representation of a value transfer credential, the first representation being printed upon the sheet;

a second representation of an account identifier, the second representation being printed upon the sheet; and

a layer of opaque material, disposed so as to prevent viewing of the first representation, the opaque material being removable to allow viewing of the first representation,

wherein the value transfer credential is associated with a first funded account, a presentation of the value transfer credential being a precondition to effecting a transfer of value from the first funded account to a second account.

31. A machine-readable medium comprising a plurality of instruction sets, the plurality of instruction sets comprising:

a first instruction set to cause a machine to create a first funded account;

a second instruction set to cause the machine to associate the first funded account with a first account identifier;

a third instruction set to cause the machine to receive a valid activation message including the first account identifier; and

a fourth instruction set to cause the machine to, in response to receiving the valid activation message, place the first funded account into an active state, the first funded account being in an active state as a precondition to permitting a transfer of value from the first funded account to a second account.

32. A system comprising:

a first means for creating a first funded account;

a second means for associating the first funded account with a first account identifier;

a third means for receiving a valid activation message including the first account identifier; and

a fourth means for, in response to receiving the valid activation message, placing the first funded account into an active state, the first funded account being in an active state being necessary to permit a transfer of value from the first funded account to a second account.