METHOD AND SYSTEM FOR DELAYED PAYMENT OF PREPAID CARDS

• US 20100106642A1
• Filed: 11/30/2009
• Published: 04/29/2010
• Est. Priority Date: 06/05/2008
• Status: Abandoned Application

• Current Assignee: Sky Castle Global Limited
• Original Assignee: Namedepot.com Incorporated
• Inventors: Tan, Edwin
• Application Number:
  US12/628,040
• Publication Number:
  US 20100106642A1
• Time in Patent Office: Days
• US Class Current: 705/41
• CPC Class Codes: G06Q 20/105 involving programming of a portable memory device, e.g. IC cards, "electronic purses"
• CPC Class Codes: G06Q 20/20 Point-of-sale [POS] network systems
• CPC Class Codes: G06Q 20/28 Pre-payment schemes, e.g. "pay before"
• CPC Class Codes: G06Q 20/348 Single-use cards, i.e. without possibility of recharging
• CPC Class Codes: G06Q 30/00 Commerce
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes

Abstract

Methods and systems provide prepaid cards. The method includes, responsive to receiving a delayed payment at a purchase terminal, providing a prepaid card to a purchaser, the prepaid card redeemable for a consideration by a card recipient. The method includes processing the delayed payment. The method includes, responsive to an expiration of a predetermined amount of time, determine if a balance remains on the prepaid card. The method includes refunding a remaining balance.

Claims

1. A method for providing a prepaid card, comprising:

responsive to receiving a delayed payment at a purchase terminal, providing a prepaid card to a purchaser, the prepaid card redeemable for a consideration by a card recipient;

processing the delayed payment;

responsive to an expiration of a predetermined amount of time, determine if a balance remains on the prepaid card;

refunding a remaining balance to the purchaser.

2. The method of claim 1, wherein the delayed payment is processed by being charged to a checking account or a credit card.

3. The method of claim 1, wherein the consideration is a product or a service.

4. The method of claim 1, wherein the delayed payment includes a value of the consideration and a service charge.

5. The method of claim 1, wherein multiple prepaid cards are packaged together for sale as gifts for gifting to multiple gift recipients.

6. The method of claim 1, further comprising:

responsive to receiving a purchaser request over a network, displaying a status of the prepaid card.

7. The method of claim 1, wherein the remaining balance is a prorated portion of the delayed payment dependent on a number of redemptions of the prepaid card.

16. The method of claim 1, wherein account charged is a checking account or a credit card.

17. The method of claim 1, wherein the consideration is a product or a service.

18. The method of claim 1, wherein the delayed payment includes a value of the consideration and a service charge.

19. The method of claim 1, wherein multiple prepaid cards are packaged together for sale as gifts for gifting to multiple gift recipients.

20. The method of claim 5, further comprising:

responsive to receiving a purchaser request over a network, displaying a status of the prepaid card.

8. A method for registering a domain name, comprising:

providing a prepaid card to a purchaser in exchange for a delayed payment, the prepaid card further provided to a card recipient and redeemable for a domain name registration;

responsive to an indication of redemption of the prepaid card by the card recipient, initiating a domain name registration process, the registration process including,

receiving a prepaid card identifier and a requested domain name from the card recipient,

verifying an availability of the requested domain name,

receiving registration approval from the purchaser,

registering the requested domain name;

processing the delayed payment after the domain name has been registered.

9. The method of claim 8, wherein the registration process further includes receiving domain name registration information.

10. The method of claim 8, wherein the requested domain name and domain name registration information are forwarded to a domain name registrar for registration.

11. The method of claim 8, further comprising:

offering at least one of;

a hosting service and a website design service to the card recipient after registering the requested domain name.

12. The method of claim 8, wherein multiple prepaid cards are packaged together for sale as gifts for gifting to multiple card recipients.

13. The method of claim 8, further comprising:

responsive to receiving a purchaser request over a network, displaying a status of the prepaid card.

14. The method of claim 8, wherein a portion of the delayed payment is refunded to the purchaser if the prepaid card is not redeemed within a predetermined time.

15. A computer-readable medium including instructions adapted to execute a method for providing a prepaid card, the method comprising:

responsive to receiving a delayed payment at a purchase terminal, providing a prepaid card to a purchaser, the prepaid card redeemable for a consideration by a card recipient;

processing the delayed payment;

responsive to an expiration of a predetermined amount of time, determine if a balance remains on the prepaid card;

refunding a remaining balance.