System and method for establishment of rules governing child accounts
First Claim
Patent Images
1. A computerized method comprising:
- associating, in a database, a first transaction card through which access to monetary funds is extended with a second transaction card through which access to said monetary funds is extended;
associating, in said database, said second transaction card with one or more rules governing access to said monetary funds by said second transaction card; and
permitting an individual owning said first transaction card to specify said rules governing access to said monetary funds by said second transaction card.
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Abstract
A system and method for establishment of rules governing child accounts may include associating, in a database, a first transaction card through which access to monetary funds is extended with a second transaction card through which access to said monetary funds is extended. Also, in said database, said second transaction card is associated with one or more rules governing access to said monetary funds by said second transaction card. Finally, an individual owning said first transaction card is permitted to specify said rules governing access to said monetary funds by said second transaction card.
77 Citations
34 Claims
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1. A computerized method comprising:
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associating, in a database, a first transaction card through which access to monetary funds is extended with a second transaction card through which access to said monetary funds is extended;
associating, in said database, said second transaction card with one or more rules governing access to said monetary funds by said second transaction card; and
permitting an individual owning said first transaction card to specify said rules governing access to said monetary funds by said second transaction card. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13)
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14. A system comprising:
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a first transaction card through which access to monetary funds is extended;
a second transaction card through which access to said monetary funds is extended;
a database in which said first transaction card is associated with said second transaction card, and in which said second transaction card is associated with one or more rules governing access to said monetary funds by said second transaction card; and
a computing system programmed to permit an individual owning said first transaction card to specify said rules governing access to said monetary funds by said second transaction card. - View Dependent Claims (15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26)
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27. A computerized method comprising:
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assigning a first card number to a first transaction card through which access to monetary funds is extended;
assigning a second card number to a second transaction card through which access to monetary funds is extended, wherein said second card number is different from said first card number; and
associating, in a database, said first transaction card with said second transaction card, so that said monetary funds accessed through said second transaction card are the same monetary funds as those accessed through said first transaction card. - View Dependent Claims (28, 29, 30)
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31. A system comprising:
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a first transaction card through which access to monetary funds is extended, said first transaction card having a storage medium encoding a first number uniquely identifying said first transaction card;
a second transaction card through which access to monetary funds is extended, said second transaction card having a storage medium encoding a second number uniquely identifying said second transaction card;
a database associating said first transaction card with said second transaction card, so that said monetary funds accessed through said second transaction card are the same monetary funds as those accessed through said first transaction card. - View Dependent Claims (32, 33, 34)
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Specification