SYSTEM AND METHOD TO ALLOW ACCESS TO A VALUE HOLDING ACCOUNT

• US 20100133334A1
• Filed: 12/03/2008
• Published: 06/03/2010
• Est. Priority Date: 12/03/2008
• Status: Active Grant

• Current Assignee: PayPal, Inc. (PayPal Holdings, Inc.)
• Original Assignee: eBay Inc.
• Inventors: Vadhri, Srinivas
• Granted Patent: US 8,196,813 B2
• Time in Patent Office: Days
• US Class Current: 235/379
• CPC Class Codes: G06Q 20/34 using cards, e.g. integrated circuit [IC] cards or magnetic cards
• CPC Class Codes: G06Q 20/367 involving electronic purses or money safes
• CPC Class Codes: G06Q 20/385 using an alias or single-use codes
• 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 20/405 Establishing or using transaction specific rules
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03

Abstract

This document discusses, among other things, a system and method of allowing access to a value holding account. In various example embodiments, the value holding account is associated with a first account code that allows access to the value holding account. Some example embodiments include receiving a request for a second account code that is based on the first account code, and providing the second account code based on receiving the request for the second account code. The first account code may to allow access to the value holding account for a first determinable period and the second account code may allow access to the value holding account for a second determinable period that is different from the first determinable period.

Claims

1. A processor-implemented method comprising:

receiving a request for a second account code based on a first account code associated with a value holding account; and

providing the second account code, based on receiving the request for the second account code, the first account code allowing access to the value holding account for a first determinable period, and the second account code allowing access to the value holding account for a second determinable period that is different from the first determinable period.

2. The processor-implemented method of claim 1, wherein the first account code is associated with a physical financial instrument.

3. The processor-implemented method of claim 2, wherein the request is generated based on activating a selector on the physical financial instrument.

4. The processor-implemented method of claim 2, wherein receiving the request for the second account code includes receiving the request via a wireless connection.

5. The processor-implemented method of claim 2 wherein the providing of the second account code includes at least one of displaying the second account code on a display associated with the physical financial instrument, including the second account code within a barcode associated with the physical financial instrument and including the second account code within a magnetic encoder associated with the physical financial instrument.

6. The processor-implemented method of claim 1, wherein responsive to the receiving the request for the second account code, the processor-implemented method comprises:

transmitting wirelessly to an account server associated with the value holding account, a further request for the second account code.

7. The processor-implemented method of claim 1, wherein the providing of the second account code is based on receiving the second account code wirelessly from an account server associated with the value holding account.

8. The processor-implemented method of claim 1, wherein the value holding account includes at least one of a credit card account, a charge card account, a debit card account and a gift card account, and wherein the first account code includes at least one of a credit card number, a charge card number, a debit card number and a gift card number.

9. The processor-implemented method of claim 1, wherein the second determinable period is to expire at or before an expiration time of the first determinable period.

10. An account access device comprising:

a physical object associated with a first account code;

a requester coupled with the physical object, the requester to generate at the account access device, a second request for a second account code, responsive to receiving a first request for the second account code; and

a provider coupled with the requester, the provider to provide at the account access device, the second account code, based on the requester receiving the first request for the second account code,

the first account code to allow access to a value holding account for a first determinable period, and the second account code to allow access to the value holding account for a second determinable period that is different from the first determinable period.

11. The account access device of claim 10, wherein the physical object includes a financial instrument.

12. The device of claim 10, wherein the requester includes at least one of:

a wireless receiver to receive the first request via wireless connection; and

a selector to receive the first request via activation of the selector.

13. The device of claim 10, wherein the requester is to transmit the second request for the second account code to an account server associated with the value holding account.

14. The device of claim 13, wherein the provider is to receive the second account code from the account server, based on the second request for the second account code.

15. The device of claim 14, wherein the requester is to wirelessly transmit the second request for the second account code, and the provider is to wirelessly receive the second account code.

16. The device of claim 10, wherein the provider is to make provide the second account code via at least one of a display associated with the device, a barcode associated with the device and a magnetic encoder associated with the device.

17. The device of claim 10 wherein the value holding account includes at least one of a credit card account, a charge card account, a debit card account and a gift card account, and the first account code includes at least one of a credit card number, a charge card number, a debit card number and a gift card number.

18. The device of claim 10 wherein the second determinable period is to expire at or before an expiration time of the first determinable period.

19. A machine-readable medium having executable instructions to cause one or more machines to perform a method, the method including:

receiving a request for a second account code based on a first account code associated with a value holding account; and

providing the second account code, based on receiving the request for the second account code, the first account code allowing access to the value holding account for a first determinable period, and the second account code allowing access to the value holding account for a second determinable period that is different from the first determinable period.

20. The machine-readable medium of claim 19, wherein the first account code is associated with a physical financial instrument.

21. The machine-readable medium of claim 20, wherein the request is generated based on activating a selector on the physical financial instrument.

22. The machine-readable medium of claim 20, wherein receiving the request for the second account code includes receiving the request via a wireless connection.

23. The machine-readable medium of claim 20 wherein the providing of the second account code includes at least one of displaying the second account code on a display associated with the physical financial instrument, including the second account code within a barcode associated with the physical financial instrument and including the second account code within a magnetic encoder associated with the physical financial instrument.

24. The machine-readable medium of claim 19, wherein responsive to the receiving the request for the second account code, the processor-implemented method comprises:

transmitting wirelessly to an account server associated with the value holding account, a further request for the second account code.

25. The machine-readable medium of claim 19, wherein the providing of the second account code is based on receiving the second account code wirelessly from an account server associated with the value holding account.

26. The machine-readable medium of claim 19, wherein the value holding account includes at least one of a credit card account, a charge card account, a debit card account and a gift card account, and wherein the first account code includes at least one of a credit card number, a charge card number, a debit card number and a gift card number.

27. The machine-readable medium of claim 19, wherein the second determinable period is to expire at or before an expiration time of the first determinable period.

28. An account access device comprising:

means for receiving a request for a second account code based on a first account code associated with a value holding account; and

means for generating the second account code, based on receiving the request for the second account code, the first account code allowing access to the value holding account for a first determinable period, and the second account code allowing access to the value holding account for a second determinable period that is different from the first determinable period.