Method and means for registering a debit card

• US 7,717,333 B2
• Filed: 02/15/2006
• Issued: 05/18/2010
• Est. Priority Date: 02/15/2006
• Status: Expired due to Fees

• Current Assignee: Larry J. Kane
• Original Assignee: Larry J. Kane
• Inventors: Kane, Larry J.
• Primary Examiner(s): Hess; Daniel A
• Assistant Examiner(s): ANDLER, MICHAEL S
• Application Number:
  US11/307,645
• Publication Number:
  US 20070203715A1
• Time in Patent Office: 1,553 Days
• Field of Search: 235/379, 235/380, 283/58
• US Class Current: 235/380
• CPC Class Codes: G06Q 20/042 characterized in that the payment protocol involves at least one cheque
• CPC Class Codes: G06Q 20/24 Credit schemes, i.e. "pay after"
• CPC Class Codes: G06Q 20/342 Cards defining paid or billed services or quantities
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• 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

Abstract

A method and means of registering for a debit card includes a card having an account number that is the same as an account number encoded on a magnetic strip of the card. Removably attached to the card is a first and a second label. The first label has the account number printed thereon and a designated area where customer information is filled in. The second label has an authorization code such as a PIN number printed thereon. Both the account number and PIN number are stored in a database maintained by a service provider. To register, the first label is removed from the card and attached to a customer'"'"'s check and the second label is removed and retained by the customer. The check is scanned and transmitted to the service provider. The service provider compares the account number on the first label of the scanned check with the stored PIN number and creates a debit card account for the customer associated with the customer'"'"'s checking account.

Claims

1. A debit card, comprising:

a card having an account number that is the same as an encoded account number on a magnetic strip and is positioned on a surface of a card;

a first label removably attached to the surface of the card and having the account number printed on the first label and designated areas for a customer to supply personal information; and

a second label removably attached to the card having an authorization code printed on the second label and not encoded on the card.

2. The debit card of claim 1 wherein the designated area is selected from the group consisting of driver'"'"'s license number, phone number, and initials.

3. The debit card of claim 1 wherein the authorization code is a PIN number.

4. The debit card of claim 1 wherein the first label and the second label are positioned on the surface of the card.

5. The debit card of claim 1 wherein the first label is attached to the debit card by way of a removable adhesive.

6. The debit card of claim 1 wherein the second label is attached to the debit card by way of a removable adhesive.

7. The debit card of claim 1 wherein the authorization code is stored in a database along with the account number and maintained by a service provider.

8. A method of registering for a debit card, the method comprising the steps of:

printing account number information associated with the debit card on a first label;

providing at least one debit card having the first label and a second label removably attached to the card;

removing the first label and adhering the first label to a surface of the check;

removing the second label for retention by a customer;

scanning the check with the first label to record MICR line information and labeled check information;

transmitting the recorded check information to a service provider; and

comparing the recorded first label information with stored information associated with the second label to create a debit card registration for the debit card associated with the MICR line of the check.

9. The method of claim 8 further comprising the step of adding personal identification information on the first label.

10. The method of claim 8 further comprising the step of printing an authorization code on the second label.

11. The method of claim 8 further comprising the step of assigning an account number and an authorization code to the debit card.

12. The method of claim 11 wherein the account number and authorization code are stored in a database.