Method for issuance of satellite credit and debit cards

• US 6,578,761 B1
• Filed: 08/18/2000
• Issued: 06/17/2003
• Est. Priority Date: 08/18/2000
• Status: Expired due to Term

• Current Assignee: Kioba Processing, LLC (IP Investments Group LLC)
• Original Assignee: Donald Spector
• Inventors: Spector, Donald
• Primary Examiner(s): Lee, Michael G.
• Assistant Examiner(s): Lee, Seung H
• Application Number:
  US09/642,516
• Time in Patent Office: 1,033 Days
• Field of Search: 235/380, 235/492, 235/383, 235/487, 705/44, 705/41
• US Class Current: 235/380
• CPC Class Codes: G06Q 20/105 involving programming of a portable memory device, e.g. IC cards, "electronic purses"
• CPC Class Codes: G06Q 20/342 Cards defining paid or billed services or quantities
• CPC Class Codes: G06Q 20/3555 Personalisation of two or more cards
• 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 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G07F 7/025 by means, e.g. cards, providing billing information at the time of purchase, e.g. identification of seller or purchaser, quantity of goods delivered or to be delivered
• CPC Class Codes: G07F 7/1008 Active credit-cards provided with means to personalise their use, e.g. with PIN-introduction/comparison system

Abstract

The present invention relates to a method for a credit card holder to issue satellite debit cards out of his pre-established credit card, without the need for prior approval by his credit card company. The satellite card could be issued to himself or to any other party, and the information regarding this satellite card would be electronically transmitted to the recipient of the card. The recipient would then utilize this information to print out a unique Satellite Card, which can be accepted by merchants for purchases or for obtaining cash.

Claims

1. A method for issuing Satellite Cards by a Credit Card Holder comprising the steps of:

the Credit Card Holder contacting the Holder'"'"'s credit card company by accessing a secure website of said company on the Internet;

the Credit Card Holder inputting the amount to be issued to the Satellite Card;

the Credit Card Company determining if the Credit Card Holder has sufficient credit to cover the amount to be issued to the Satellite Card, and approving the issue of Satellite Card if there is sufficient credit;

the Credit Card Company generating a Satellite Card number and Personal Identification Code, and informing the Credit Card Holder of same, and

the Satellite Card and the Personal Identification Code being transmitted by an encrypted internet message to an intended recipient of the Satellite Card.

2. The method of claim 1, further comprising the step of the intended Recipient of the Satellite Card downloading and generating a physical copy of the Satellite Card through a computer printer.

3. The method of claim 2, wherein the physical copy of the Satellite Card includes a picture of the Satellite Card Recipient.

4. The method of claim 2, wherein the intended recipient of the Satellite Card downloads and generates a physical copy of the Satellite Card by means of a dedicated kiosk.

5. The method of claim 4, wherein the dedicated kiosk has an attached magnetic strip writer for writing magnetic strips imprinted on plastic cards.

6. The method of claim 5, wherein the physical copy of the Satellite Card is a plastic card imprinted with a magnetic strip.

7. The method of claim 1, wherein the Satellite Card is a Satellite Credit Card.

8. The method of claim 1, wherein the Satellite Card is a Satellite Debit Card.

9. The method of claim 1, wherein the physical copy of the Satellite Card is imprinted with a barcode readable with a barcode reader.

10. The method of claim 1, wherein the Credit Card Holder contacts the credit card company by means of a dedicated software for issuing Satellite Cards.

11. The method of claim 10, wherein the dedicated software generates a printable copy of the Satellite Card.

12. The method of claim 1, further comprising the step of the Credit Card Holder selecting a lower amount to be issued to the Satellite Card if the original amount was declined by the credit card company.

13. The method of claim 1, further comprising the step of the Credit Card Holder informing the credit card company of the particulars of the intended Satellite Card Recipient, and the credit card company recording said particulars.

14. The method of claim 1, further comprising the step of the Credit Card Holder selecting an option to issue a Satellite Card at the secure website.

15. The method of claim 1, further comprising the step of the intended Recipient of the Satellite Card obtaining the Satellite Card by accessing the credit card company'"'"'s secure website.

16. The method of claim 15, wherein the intended Recipient of the Satellite Card accesses the secure website by means of the Personal Identification Card transmitted to the intended Recipient by the Credit Card Holder.

17. A method for issuing Satellite Cards by a Credit Card Holder comprising the steps of:

the Credit Card Holder contacting the Holder'"'"'s credit card company by accessing a secure website of said company on the Internet;

the Credit Card Holder inputting the amount to be issued to the Satellite Card;

the Credit Card Company determining if the Credit Card Holder has sufficient credit to cover the amount to be issued to the Satellite Card,

approving the issue of Satellite Card if there is sufficient credit;

the Credit Card Company generating a Satellite Card number and Personal Identification Code, and informing the Credit Card Holder of same;

the Satellite Card and the Personal Identification Code being transmitted by an encrypted internet message to an intended Recipient of the Satellite Card; and

the intended Recipient of the Satellite Card downloading and generating a physical copy of the Satellite Card through a computer printer.

18. A method for issuing Satellite Cards by a Credit Card Holder comprising the steps of:

the Credit Card Holder contacting the Holder'"'"'s credit card company by accessing a secure website of said company on the Internet;

the Credit Card Holder inputting the amount to be issued to the Satellite Card;

the Credit Card Company determining if the Credit Card Holder has sufficient credit to cover the amount to be issued to the Satellite Card, and approving the issue of Satellite Card if there is sufficient credit;

the Credit Card Company generating a Satellite Card number and Personal Identification Code, and informing the Credit Card Holder of same;

the Satellite Card and the Personal Identification Code being transmitted by an encrypted internet message to an intended Recipient of the Satellite Card;

the intended Recipient of the Satellite Card downloading and generating a physical copy of the Satellite Card through a computer printer; and

wherein the physical copy of the Satellite Card is imprinted with a barcode readable with a barcode reader and includes a picture of the Satellite Card Recipient.