FUND ON ACTIVATION
First Claim
1. A system of funding a financial transaction card, comprising:
- a card issuer-generator configured to generate a financial transaction card, the financial transaction card having a face value, and wherein an amount of funds pertaining to the face value is placed in a liability pool database, and wherein the financial transaction card has an actual value of zero; and
an activation interface configured to receive an electronic activation request for the financial transaction card from a customer.
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Accused Products
Abstract
A system and method of funding a financial transaction card, providing a financial transaction card to a user, wherein the financial transaction card has a face value and wherein an amount of funds pertaining to the face value is placed in a liability account, and wherein the financial transaction card has an actual value of zero, activating the financial transaction card by the user; and funding a funds pool for the financial transaction card with the funds from the liability account after the activation of the financial transaction card, wherein only funds from the funds pool is available for conducting a purchase.
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Citations
13 Claims
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1. A system of funding a financial transaction card, comprising:
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a card issuer-generator configured to generate a financial transaction card, the financial transaction card having a face value, and wherein an amount of funds pertaining to the face value is placed in a liability pool database, and wherein the financial transaction card has an actual value of zero; and an activation interface configured to receive an electronic activation request for the financial transaction card from a customer. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 11)
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10. A method of funding a financial transaction card, comprising:
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providing a financial transaction card to a user, the financial transaction card having a face value, and wherein an amount of funds pertaining to the face value is placed in a liability account, and wherein the financial transaction card has an actual value of zero; and receiving an activating request for the financial transaction card by a customer.
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12. A computer-readable storage medium encoded with data and instructions, that when executed by a computing device, causes the computing device to:
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provide a financial transaction card to a user, the financial transaction card having a face value, and wherein an amount of funds pertaining to the face value is placed in a liability account, and wherein the financial transaction card has an actual value of zero; and receive an activating request for the financial transaction card by a customer. - View Dependent Claims (13)
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Specification