Prepaid transaction card activation system and method
First Claim
Patent Images
1. A non-transitory, tangible computer-readable storage medium storing computer code that, when executed by a computer-based system for managing a prepaid transaction account, causes the computer-based system to perform operations comprising:
- determining, by the computer-based system, if customer information is associated with the prepaid transaction account;
in response to no customer information being associated with the prepaid transaction account;
capturing, by the computer-based system, customer information to form captured customer information; and
validating, by the computer-based system, the captured customer information by comparing the captured customer information with first information in a first database, and by comparing the captured customer information with customer demographic information in a second database;
in response to the customer information being associated with the prepaid transaction account;
validating, by the computer-based system, the customer information by comparing the customer information with customer demographic information in the second database;
terminating, by the computer-based system, an activation process, in response to the customer information being on a stored list of flanged information; and
activating, by the computer-based system, the prepaid transaction account in response to the validating, and in response to the customer information not being on the stored list of flagged information.
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Abstract
Reloadable or non-reloadable prepaid transaction card activation systems are disclosed. More specifically, the system provides a platform for activation of prepaid or stored value transaction cards and capture of customer demographic information, and verification of that information, after the customer has obtained or has been issued a prepaid transaction card. The data capture is performed at activation rather than at point of sale.
30 Citations
18 Claims
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1. A non-transitory, tangible computer-readable storage medium storing computer code that, when executed by a computer-based system for managing a prepaid transaction account, causes the computer-based system to perform operations comprising:
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determining, by the computer-based system, if customer information is associated with the prepaid transaction account; in response to no customer information being associated with the prepaid transaction account; capturing, by the computer-based system, customer information to form captured customer information; and validating, by the computer-based system, the captured customer information by comparing the captured customer information with first information in a first database, and by comparing the captured customer information with customer demographic information in a second database; in response to the customer information being associated with the prepaid transaction account; validating, by the computer-based system, the customer information by comparing the customer information with customer demographic information in the second database; terminating, by the computer-based system, an activation process, in response to the customer information being on a stored list of flanged information; and activating, by the computer-based system, the prepaid transaction account in response to the validating, and in response to the customer information not being on the stored list of flagged information. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12)
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13. A method comprising:
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determining, by a computer-based system for managing a prepaid transaction account, if customer information is associated with the prepaid transaction account; in response to no customer information being associated with the prepaid transaction account; capturing, by the computer-based system, customer information to form captured customer information; and validating, by the computer-based system, the captured customer information by comparing the captured customer information with first information in a first database, and by comparing the captured customer information with customer demographic information in a second database; in response to the customer information being associated with the prepaid transaction account; validating. by the computer-based system, the customer information by comparing the customer information with customer demographic information in the second database; terminating, the computer-based system, an activation process, in response to the customer information being on a stored list of flagged information; and activating, by the computer-based system, the prepaid transaction account in response to the validating, and in response to the customer information not being on the stored list of flagged information. - View Dependent Claims (14, 15, 16, 17)
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18. A prepaid transaction account activation system comprising:
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a prepaid transaction account having identity information; a processor for managing an incentive program; and a non-transitory memory storing computer code that, when executed by the processor, causes the processor to perform operations comprising; determining, by the processor, if customer information is associated with the prepaid transaction account; in response to no customer information being associated with the prepaid transaction account; capturing, by the processor, customer information to form captured customer information; and validating, by the processor, the captured customer information by comparing the captured customer information with first information in a first database, and by comparing the captured customer information with customer demographic information in a second database; in response to the customer information being associated with the prepaid transaction account; validating, by the processor, the customer information by comparing the customer information with customer demographic information in the second database; terminating, by the processor, an activation process, in response to the customer information being on a stored list of flagged information; and activating, by the processor, the prepaid transaction account in response to the validating, and in response to the customer information not being on the stored list of flagged information.
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Specification