SYSTEMS, METHODS, AND DEVICES FOR SELLING TRANSACTION INSTRUMENTS VIA WEB-BASED TOOL
First Claim
7-1. The method of claim 1, wherein the card number is displayed on the open transaction instrument by at least one of:
- embossing and printing the card number on the open transaction instrument.
5 Assignments
0 Petitions
Accused Products
Abstract
The present invention generally relates to a system and method for distributing a transaction instrument. The system includes the steps of: offering for sale, in a retail environment, the transaction instrument; selling a selected transaction instrument; communicating with the issuer of the transaction instrument via an internet accessible web site, and enabling the use of the transaction instrument. The transaction instrument may be, for example, an open pre-paid card. The distribution of the transaction instrument may also include the step of sending a message, through the web site, in substantially real time, causing the pre-paid transaction instrument to be funded but not activated until later through an interactive voice response system, for example. In another example, an associated transaction account may be funded and activated at the time of distribution. Furthermore, an issuer system may be suitably configured to leverage existing Travelers Cheque infrastructure for inventory and related processes.
-
Citations
18 Claims
-
7-1. The method of claim 1, wherein the card number is displayed on the open transaction instrument by at least one of:
- embossing and printing the card number on the open transaction instrument.
-
8-2. The method of claim 1, wherein a tracking code is included on at least one of:
- the open transaction instrument and a sleeve associated with the open transaction instrument, wherein the tracking code is included in a format including at least one of;
a numerical format, a code format, bar code format, radio frequency format and magnetic stripe format.
- the open transaction instrument and a sleeve associated with the open transaction instrument, wherein the tracking code is included in a format including at least one of;
-
9-3. The method of claim 1, wherein the open transaction instrument is configured to be generally accepted by at least one of:
- merchants that are not directly affiliated with each other, merchants within one shopping mall, merchants within one payment network, merchants within one country, and merchants within one geographic region.
Specification