SYSTEM AND METHOD FOR UTILIZING STUDENT ACCOUNTS

• US 20130110716A1
• Filed: 11/01/2011
• Published: 05/02/2013
• Est. Priority Date: 11/01/2011
• Status: Abandoned Application

• Current Assignee: PayPal, Inc. (PayPal Holdings, Inc.)
• Original Assignee: eBay Inc.
• Inventors: Perciful, Donald James, Shipman, Scott Robert, Rekhi, Gaurav
• Application Number:
  US13/286,938
• Publication Number:
  US 20130110716A1
• Time in Patent Office: Days
• US Class Current: 705/42
• CPC Class Codes: G06Q 20/2295 Parent-child type, e.g. where parent has control on child rights

Abstract

A system and method, for utilizing a student account in a networked environment. In example embodiments, instructions to establish a student account for a minor from a verified adult that is verified as an adult based on financial information associated with an adult account established for the verified adult is received. A legal relationship between the verified adult and the minor for which the student account is being established is verified. Based on the relationship being verified, the student account for the minor that is linked to the adult account is created.

Claims

1. A method comprising:

receiving instructions to establish a student account for a minor from a verified adult that is verified as an adult based on financial information provided to a payment account that is linked to an adult account established tor the verified adult;

verifying, using at least one processor, a legal relationship between the verified adult and the minor for which the student account is being established; and

based on the verifying of the legal relationship, creating the student account for the minor that is linked to the adult account.

2. The method of claim 1, further comprising receiving consent settings for the student account from the verified adult that indicate at least one particular website at which the minor is allowed to create an account.

3. The method of claim 2, wherein the particular website is at least one selection from the group consisting of a social network site, a shopping site, a marketplace, and a community of which the minor is a member.

4. The method of claim 1, further comprising receiving constraint settings for the student account from the verified adult that indicate constraints on transactions the minor attempts to perform at a particular website.

5. The method of claim 4, wherein the constraints are at least one selection from the group consisting of approving transactions, monitoring transactions, monitoring communications, approving communications, setting monetary limits, restricting categories, restricting items, restricting merchants, approving addition of new connections, and monitoring addition of new connections,

6. The method of claim 1, wherein the payment account is the adult account, the financial information including at least one selection from the group consisting of a bank account credit history, credit card account, and employment information.

7. The method of claim 1, further comprising providing a notification to the adult when the minor performs a transaction involving the student account,

8. The method of claim 7, wherein the providing the notification comprises providing a user interface on which transaction information for the minor is displayed to the adult

9. The method of claim 7, further comprising receiving an approval or denial from the adult for the transaction indicated in the notification.

10. The method of claim 1, wherein the student account is automatically unlinked and converted into an adult account when the minor turns a predetermined age.

11. The method of claim 1, further comprising providing default constraint settings that the adult can override.

12. The method of claim 1, further comprising applying constraints to the student account that loosen based on time and successful completion of transactions by the minor.

13. The method of claim 1, further comprising

receiving a consent request from a website for the minor;

accessing consent settings established by the adult for the student account of the minor;

determining whether the minor has consent settings to perform an action at the website; and

providing a response based on the determining to the website.

14. The method of claim 13, wherein the action is creating an account at the website.

15. The method of claim 13, further comprising, based on the minor having consent to perform the action at the website, providing constraints established by the adult for the website to the website.

16. The method of claim 1, further comprising:

receiving a request for the minor to perform a transaction;

accessing constraint settings established by the adult for the student account of the minor;

determining whether the transaction complies with the constraint settings; and

allowing the transaction to proceed based on the transaction complying with the constraint settings.

17. A system comprising:

at least one processor;

an account module to receive instructions to establish a student account for a minor from a verified adult that is verified as an adult based on financial information provided to a payment account that is linked to an adult account established for the verified adult; and

a verification module to verify, using the at least one processor, a legal relationship between the verified adult and the minor for which the student account is being established,

the account module to create, based on the verifying of the legal relationship, the student account for the minor that is linked to the adult account.

18. A non-transitory machine-readable medium in communication with at least one processor, the non-transitory machine-readable medium storing instructions which, when executed by the at least one processor of a machine, cause the machine to perform operations comprising;

receiving instructions to establish a student account for a minor from a verified adult that is verified as an adult based on financial information provided to a payment account that is linked to an adult account established for the verified adult;

verifying a legal relationship between the verified adult and the minor for which the student account is being established; and

based on the verifying of the legal relationship, creating the student account for the minor that Is linked to the adult account.

19. The non-transitory machine-readable medium of claim 18, wherein the operations further comprise:

receiving a consent request from a website for the minor;

accessing consent settings established by the adult for the student account of the minor;

determining whether the minor has consent settings to perform an action at the website; and

providing a response based on the determining to the website.

20. The non-transitory machine-readable medium of claim 18, wherein the operations further comprise;

receiving a request for the minor to perform a transaction;

accessing constraint settings established by the adult for the student account of the minor;

determining whether the transaction complies with the constraint settings; and

allowing the transaction to proceed based on the transaction complying with the constraint settings.