SYSTEM AND METHOD FOR PROVIDING A USER WITH A SINGLE PAYMENT CARD ON WHICH PREPAID AND/OR REWARD BALANCES ARE TRACKED FOR MULTIPLE MERCHANTS
First Claim
1. A method for providing a single user account that separately tracks credit balances for multiple merchants, the method comprising:
- associating a plurality of merchant purses with a single user account, wherein a user is able to use the account to make purchases at the merchants associated with the purses;
tracking a separate balance for each merchant purse, including tracking a prepaid balance within each merchant purse;
in response to the user depositing prepaid money into one of the merchant purses, crediting the applicable merchant purse with the deposited amount;
in response to the user performing a purchase transaction at one of the merchants associated with one of the purses, debiting the purse in the user'"'"'s account associated with the applicable merchant.
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Accused Products
Abstract
The system and method of present invention provides a user with a single account that separately tracks prepaid and/or reward balances from multiple merchants. Multiple merchant purses are associated with the user'"'"'s account. Each purse corresponds to one merchant, and represents the user'"'"'s credit balance with the merchant (e.g., prepaid deposits plus reward). The balance associated with each merchant purse is separately tracked. In one embodiment, each merchant purse is associated with its own set of rules for calculating a reward or otherwise managing the purse. When a user deposits prepaid money into a merchant purse, the system that manages the user'"'"'s account executes any rules associated with the purse related to a deposit. If there is a rule associated with a rewards calculation, a reward amount is calculated in accordance with the rule and, if the reward is greater than zero, the merchant purse is credited with the reward.
43 Citations
30 Claims
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1. A method for providing a single user account that separately tracks credit balances for multiple merchants, the method comprising:
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associating a plurality of merchant purses with a single user account, wherein a user is able to use the account to make purchases at the merchants associated with the purses; tracking a separate balance for each merchant purse, including tracking a prepaid balance within each merchant purse; in response to the user depositing prepaid money into one of the merchant purses, crediting the applicable merchant purse with the deposited amount; in response to the user performing a purchase transaction at one of the merchants associated with one of the purses, debiting the purse in the user'"'"'s account associated with the applicable merchant. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18)
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19. A computer program embodied on a non-transitory computer-readable medium and comprising code, that, when executed by a computer system, enables the computer system to perform the following method for providing a single user account that separately tracks credit balances for multiple merchants, the method comprising:
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associating a plurality of merchant purses with a single user account, wherein a user is able to use the account to make purchases at the merchants associated with the purses; tracking a separate balance for each merchant purse, including tracking a prepaid balance within each merchant purse; in response to the user depositing prepaid money into one of the merchant purses, crediting the applicable merchant purse with the deposited amount; in response to the user performing a purchase transaction at one of the merchants associated with one of the purses, debiting the purse in the user'"'"'s account associated with the applicable merchant. - View Dependent Claims (20, 21, 22, 23, 24)
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25. A system for providing a single user account that separately tracks credit balances for multiple merchants, the system comprising:
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a processor; and a memory coupled to the processor, wherein the memory stores instructions that, when executed by the processor, cause the system to perform the operations of; associating a plurality of merchant purses with a single user account, wherein a user is able to use the account to make purchases at the merchants associated with the purses; tracking a separate balance for each merchant purse, including tracking a prepaid balance within each merchant purse; in response to the user depositing prepaid money into one of the merchant purses, crediting the applicable merchant purse with the deposited amount; in response to the user performing a purchase transaction at one of the merchants associated with one of the purses, debiting the purse in the user'"'"'s account associated with the applicable merchant. - View Dependent Claims (26, 27, 28, 29, 30)
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Specification