Temporary value card method and system

• US 7,575,152 B2
• Filed: 11/15/2005
• Issued: 08/18/2009
• Est. Priority Date: 11/15/2005
• Status: Active Grant

• Current Assignee: e2Interactive Incorporated
• Original Assignee: e2Interactive Incorporated
• Inventors: Denzer, Karl, Young, Dustin, Chakiris, Phil M., Graves, Phillip C.
• Primary Examiner(s): WALSH, DANIEL I
• Application Number:
  US11/273,874
• Publication Number:
  US 20070108268A1
• Time in Patent Office: 1,372 Days
• Field of Search: 235/375, 235/378, 235/380, 235/487, 705/40, 705/53, 705/64, 705/77, 705/21, 705/41
• US Class Current: 235/378
• CPC Class Codes: G06Q 20/102 Bill distribution or payments
• CPC Class Codes: G06Q 20/105 involving programming of a portable memory device, e.g. IC cards, "electronic purses"
• CPC Class Codes: G06Q 20/343 Cards including a counter
• CPC Class Codes: G06Q 20/3433 the counter having monetary units
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions
• CPC Class Codes: G07F 7/02 by keys or other credit registering devices

Abstract

A method for using a temporary value card is provided. A first value is determined base upon a selection of goods or services from a provider. The temporary value card is sold at a POS. The first value is associated with the temporary value card.

Claims

1. A method for conducting a purchase transaction of goods or services from a provider, the purchase transaction facilitated by a computerized kiosk disposed at a retailer other than the provider, wherein value for the purchased goods or services is received at the computerized kiosk in the form of a temporary value card, the method comprising:

receiving at an intermediate computer processor a request for a temporary value card from an electronic point of sale terminal at the retailer, the request comprising an indication of a specific value needed to purchase goods or services selected by a customer at the computerized kiosk;

activating at the intermediate computer processor a temporary value card account number and card verification value;

associating the indication of the specific value received from the point of sale terminal with the temporary value card account number;

providing the temporary value card account number and card verification value from the intermediate computer processor to the retailer for recordation of the temporary value card account number and card verification value on to a tangible medium and distribution of the tangible medium to the customer;

settling accounts between the intermediate computer processor and the retailer;

receiving at the intermediate computer processor a redemption request from the provider, the redemption request comprising the temporary value card account number, wherein the provider receives the temporary value card account number via the computerized kiosk; and

settling accounts between the intermediate computer processor and the provider.

2. The method of claim 1, wherein associating the indication of the specific value received from the point of sale terminal with the temporary value card account number comprises:

accessing a database at the intermediate computer processor;

locating the temporary value card account number; and

associating the specific value with the temporary value card account number.

3. The method of claim 1, wherein the redemption request further comprises customer account information and additional information associated with the temporary value card account number.

4. The method of claim 1, wherein the request for the temporary value card received at the intermediate computer processor further comprises the temporary value card account number and the card verification value.

5. The method of claim 1, wherein the temporary value card is associated with a provider of goods and services.

6. The method of claim 1, further comprising:

sending a confirmation to the computerized kiosk that the settling of accounts between the intermediate computer processor and the provider has been completed.

7. The method of claim 1, wherein the temporary value card additionally comprises information sufficient to identify financial accounts associated with the customer.

8. The method of claim 1, wherein the computerized kiosk comprises a physical booth, a dedicated computer terminal, a designated bill pay device, a general purpose computer terminal, a computer system, or a virtual website on the internet.

9. The method of claim 1, wherein the temporary value card receives an associated expiration date at the time the temporary value card account number and card verification value are activated.

10. The method of claim 1, wherein activating the temporary value card account number and card verification value comprises:

accessing a database at the intermediate computer processor;

locating the temporary value card account number stored in the database; and

flagging the temporary value card account number as activated.

11. The method of claim 1, further comprising:

associating an excess value with the temporary value card account number when the indication of the specific value is greater than the amount necessary to purchase the goods or services selected at the computerized kiosk.

12. The method of claim 11, receiving at the intermediate computer processor a request for a refund of the excess value associated with the temporary value card account number.

13. The method of claim 1, wherein the temporary value card account number is a personal account number (PAN).

14. A method for conducting a purchase transaction of goods or services from a provider, the purchase transaction facilitated by a computerized kiosk disposed at a retailer other than the provider, wherein value for the purchased goods or services is received at the computerized kiosk in the form of a temporary value card, the method comprising:

receiving at an intermediate computer processor a request for a temporary value card from a point of sale terminal at the retailer, the request comprising an indication of the specific value needed to purchase goods or services selected by a customer at the computerized kiosk, the request further comprising an identifier associated with a temporary value card account number;

identifying at the intermediate computer processor the identifier associated with the temporary value card account number;

activating at the intermediate computer processor the temporary value card account number and a card verification value;

associating the indication of the specific value received from the point of sale terminal with the temporary value card account number;

providing the temporary value card account number and card verification value to the retailer for recordation of the temporary value card account number and card verification value on to a tangible medium and distribution of the tangible medium to the customer; and

receiving at the intermediate computer processor a redemption request from the provider, the redemption request comprising the temporary value card account number, wherein the provider receives the temporary value card account number via the computerized kiosk.

15. The method of claim 14, further comprising:

settling accounts between the intermediate computer processor and the retailer;

settling accounts between the intermediate computer processor and the provider.

16. The method of claim 14, wherein the step of activating the temporary value card account number and a card verification value comprises:

accessing a database at the intermediate computer processor;

locating the temporary value card account number by using the identifier associated with the temporary value card account number; and

flagging the temporary value card account number as activated.

17. A system for conducting a purchase transaction of goods or services from a provider, the purchase transaction facilitated by a computerized kiosk disposed at a retailer other than the provider, wherein value for the purchased goods or services is received at the computerized kiosk in the form of a temporary value card, the system comprising:

a temporary value card;

a point of sale terminal at the retailer configured to;

read or otherwise obtain from the temporary value card the information thereon;

receive a specific value from a customer; and

an intermediate computer processor configured to;

receive a request for the temporary value card from the retailer, the request comprising an indication of the specific value needed to purchase goods or services selected by the customer at the computerized kiosk;

activate a temporary value card account number and card verification value;

associate the indication of the specific value received from the retailer with the temporary value card account number;

provide the temporary value card account number and card verification value to the retailer for recordation of the temporary value card account number and card verification value on to a tangible medium and for distribution of the tangible medium to the customer; and

receive at the intermediate computer processor a redemption request from the provider, the redemption request comprising the temporary value card account number, wherein the provider receives the temporary value card account number via the computerized kiosk.