Dual card

• US 7,917,432 B2
• Filed: 09/16/2004
• Issued: 03/29/2011
• Est. Priority Date: 10/13/2003
• Status: Active Grant

• Current Assignee: Intel Corporation
• Original Assignee: Starbucks Corporation
• Inventors: Courtion, Colette, Stumpf, Mary
• Primary Examiner(s): Akintola; Olabode
• Application Number:
  US10/943,109
• Publication Number:
  US 20050077350A1
• Time in Patent Office: 2,385 Days
• Field of Search: 705 35- 44
• US Class Current: 705/39
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/20 Point-of-sale [POS] network systems
• CPC Class Codes: G06Q 20/24 Credit schemes, i.e. "pay after"
• CPC Class Codes: G06Q 20/28 Pre-payment schemes, e.g. "pay before"
• CPC Class Codes: G06Q 20/342 Cards defining paid or billed services or quantities
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G07F 7/02 by keys or other credit registering devices
• 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 7/125 Offline card verification

Abstract

A dual card, which facilitates payment for goods or services from either a credit account or a stored value account, operates on both an open network and a closed network. The dual card is a payment card that integrates the ability to provide credit privileges and stored value privileges to a cardholder of the dual card. The features, benefits, and advantages of a stored value card are integrated with the credit card aspects of the dual card. The benefits, features, and advantages of a credit card are integrated with a stored value card.

Claims

1. A computer-implemented method for making payment transactions, the computer-implemented method comprising:

receiving identification information from a payment card to pay for goods or services;

recognizing the payment card as a dual card based on the identification information, wherein the dual card is associated with a credit account maintained on behalf of a first entity and a stored value account maintained on behalf of a second entity, wherein the identification information distinguishes the dual card from a credit card and a stored value card, wherein the credit account is maintained separately and is distinct from the stored value account, and wherein the stored value account stores a monetary value that cannot be withdrawn as cash, but can be used to pay for goods or services;

prompting to confirm whether a credit or stored value transaction is desired;

upon selection of a credit transaction, routing the payment transaction to a credit card processor where the payment transaction is processed as a credit transaction on behalf of the first entity; and

upon selection of a stored value transaction, routing the payment transaction to a store value processor where the payment transaction in processed as a stored value transaction on behalf of the second entity.

2. The computer-implemented method of claim 1, further comprising prompting for additional payment if there is insufficient credit in the credit account or value in the stored value account.

3. The computer-implemented method of claim 1, further comprising prompting for a reload transaction to replenish the stored value account if the stored value account is under a threshold.

4. The computer-implemented method of claim 1, wherein the payment card is recognized as a dual card from the identification information falling within a predetermined range.

5. A system for processing payment transactions conducted using a dual card, the system comprising:

a computing device that determines whether the payment transaction conducted using the dual card is a credit transaction for a credit account associated with the dual card or a stored value transaction for a stored value account associated with the dual card, wherein the dual card is associated with identification information that distinguishes the dual card from a credit card and a stored value card, wherein the credit account associated with the dual card is distinct from the stored value account associated with the dual card, and wherein the stored value account stores a monetary value which cannot be withdrawn as cash; and

a transaction router in communication with the computing device that;

communicates the payment transaction over a closed network for processing on behalf of a first entity associated with stored value transactions, if the computing device determines that the payment transaction is a stored value transaction; and

communicates the payment transaction over an open network for processing on behalf of a second entity associated with credit transactions, if the computing device determines that the payment transaction is a credit transaction.

6. The system of claim 5, wherein the computing device determines whether the payment transaction conducted using the dual card is a credit transaction or a stored value transaction by:

identifying the dual card from the identification information associated with the dual card; and

following identification of the dual card, requesting confirmation that the payment transaction is a credit transaction or a stored value transaction.

7. The system of claim 5, wherein the dual card is used to conduct payment transactions that are stored value transactions in establishments sponsored by the first entity.

8. The system of claim 5, wherein the dual card is used to conduct payment transactions that are credit transactions in establishments sponsored by the first entity and in third party establishments.

9. A non-transitory computer-readable medium having computer-executable components for communicating payment transactions conducted using a dual card, the computer-executable components comprising:

an identification component that, when executed, causes one or more computing devices to identify the dual card as distinguished from a credit card and a stored value card, wherein the identification component is operative to identify the dual card as distinguished from a credit card and a stored value card from identification information associated with the dual card falling within a predetermined numerical range; and

a routing component that, when executed, causes one or more computing devices to;

communicate the payment transaction over a closed network for processing on behalf of a first entity associated with stored value transactions, if it is determined that the payment transaction is a stored value transaction for a stored value account associated with the dual card, wherein the stored value account stores a monetary value which cannot be withdrawn as cash; and

communicate the payment transaction over an open network for processing on behalf of a second entity associated with credit transactions, if it is determined that the payment transaction is a credit transaction for a credit account associated with the dual card, wherein the credit account associated with the dual card is distinct from the stored value account associated with the dual card.

10. The system of claim 9, wherein the identification component, when executed, further causes the one or more computing devices to request confirmation that the payment transaction conducted using the dual card is a credit transaction or a stored value transaction.

11. The system of claim 9, wherein the dual card is used to conduct payment transactions that are stored value transactions from establishments sponsored by the first entity.

12. The system of claim 11, wherein the dual card is used to conduct payment transactions that are credit transactions from establishments sponsored by the first entity and in third party establishments.