METHOD AND SYSTEM FOR DELAYED PAYMENT OF PREPAID CARDS
First Claim
Patent Images
1. A method for delayed payment of prepaid cards, comprising:
- providing prepaid cards to a plurality of recipients, each prepaid card associated with a card value disclosed to its recipient;
responsive to a redemption of a prepaid card by a recipient, providing a product or a service to the recipient in accordance with the card value; and
processing a pre-authorized payment for the prepaid card from a prepaid card purchaser after the product or service has been provided, wherein a pre-authorized payment amount is a function of the card value.
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Accused Products
Abstract
A method and system for accepting delayed payment of prepaid cards is described. The method includes providing a prepaid card to a purchaser, the prepaid card associated with a face value. The method includes, responsive to a redemption of the prepaid card, providing a consideration in accordance to the face value. The method includes receiving a payment for the prepaid card after the consideration has been provided.
80 Citations
23 Claims
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1. A method for delayed payment of prepaid cards, comprising:
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providing prepaid cards to a plurality of recipients, each prepaid card associated with a card value disclosed to its recipient; responsive to a redemption of a prepaid card by a recipient, providing a product or a service to the recipient in accordance with the card value; and processing a pre-authorized payment for the prepaid card from a prepaid card purchaser after the product or service has been provided, wherein a pre-authorized payment amount is a function of the card value. - View Dependent Claims (3, 4, 5, 6, 7, 21, 22, 23)
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2. (canceled)
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8. A system for accepting delayed payment of prepaid cards, comprising:
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a plurality of prepaid cards, the prepaid cards provided to a plurality of recipients, each prepaid card associated with a card value disclosed to its recipient; a redemption server configured to, responsive to a redemption of a prepaid card by a recipient, provide a product or service to the recipient in accordance with the card value; and a card server configured to process a pre-authorized payment for the prepaid card from a prepaid card purchaser after the product or service has been provided, wherein a pre-authorized payment amount is a function of the card value. - View Dependent Claims (10, 11, 12, 13, 14)
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9. (canceled)
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15. A computer-readable medium including instructions adapted to execute a method for delayed payment of prepaid cards, the method comprising:
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providing prepaid cards to a plurality of recipients, prepaid card associated with a card value disclosed to its recipient; responsive to a redemption of a prepaid card by a recipient, providing a product or service in accordance with the card value; and processing a pre-authorized payment from a prepaid card purchaser for the prepaid card after the product or service has been provided, wherein a pre-authorized payment amount is a function of the card value. - View Dependent Claims (17, 18, 19, 20)
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16. (canceled)
Specification