WO2002086676A3 - System and method for using a prepaid card - Google Patents

System and method for using a prepaid card Download PDF

Info

Publication number
WO2002086676A3
WO2002086676A3 PCT/US2002/013123 US0213123W WO02086676A3 WO 2002086676 A3 WO2002086676 A3 WO 2002086676A3 US 0213123 W US0213123 W US 0213123W WO 02086676 A3 WO02086676 A3 WO 02086676A3
Authority
WO
WIPO (PCT)
Prior art keywords
prepaid card
user
financial transaction
prepaid
services
Prior art date
Application number
PCT/US2002/013123
Other languages
French (fr)
Other versions
WO2002086676A2 (en
Inventor
Nicole N Risafi
Burnett D Hunter
Kevin Mckenzie
Janice Wiggins
Brian Stangle
Vincent John Charles Forte
Original Assignee
Mastercard International Inc
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by Mastercard International Inc filed Critical Mastercard International Inc
Priority to EP02734043A priority Critical patent/EP1415254A4/en
Priority to JP2002584133A priority patent/JP2005512163A/en
Priority to AU2002305233A priority patent/AU2002305233B2/en
Priority to CA2444102A priority patent/CA2444102C/en
Publication of WO2002086676A2 publication Critical patent/WO2002086676A2/en
Publication of WO2002086676A3 publication Critical patent/WO2002086676A3/en

Links

Classifications

    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/38—Payment protocols; Details thereof
    • G06Q20/40—Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
    • G06Q20/401—Transaction verification
    • G06Q20/4014—Identity check for transactions
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/04—Payment circuits
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/30—Payment architectures, schemes or protocols characterised by the use of specific devices or networks
    • G06Q20/34—Payment architectures, schemes or protocols characterised by the use of specific devices or networks using cards, e.g. integrated circuit [IC] cards or magnetic cards
    • G06Q20/342—Cards defining paid or billed services or quantities
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/30—Payment architectures, schemes or protocols characterised by the use of specific devices or networks
    • G06Q20/34—Payment architectures, schemes or protocols characterised by the use of specific devices or networks using cards, e.g. integrated circuit [IC] cards or magnetic cards
    • G06Q20/343—Cards including a counter
    • G06Q20/3433—Cards including a counter the counter having monetary units
    • G—PHYSICS
    • G07—CHECKING-DEVICES
    • G07F—COIN-FREED OR LIKE APPARATUS
    • G07F7/00—Mechanisms actuated by objects other than coins to free or to actuate vending, hiring, coin or paper currency dispensing or refunding apparatus
    • G07F7/02—Mechanisms actuated by objects other than coins to free or to actuate vending, hiring, coin or paper currency dispensing or refunding apparatus by keys or other credit registering devices
    • G—PHYSICS
    • G07—CHECKING-DEVICES
    • G07F—COIN-FREED OR LIKE APPARATUS
    • G07F7/00—Mechanisms actuated by objects other than coins to free or to actuate vending, hiring, coin or paper currency dispensing or refunding apparatus
    • G07F7/02—Mechanisms actuated by objects other than coins to free or to actuate vending, hiring, coin or paper currency dispensing or refunding apparatus by keys or other credit registering devices
    • G07F7/025—Mechanisms actuated by objects other than coins to free or to actuate vending, hiring, coin or paper currency dispensing or refunding apparatus by keys or other credit registering devices 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 system and method for transferring money by use of a prepaid card account (100) is disclosed wherein two cards are issued to the user accountholder (10,902), one of which is provided to another user, and either user may add value to the prepaid account (512,514) so that the other may use the card and that value in a financial transaction. The financial transaction includes the purchase of products and services, including telephone services (1026).
PCT/US2002/013123 2001-04-23 2002-04-23 System and method for using a prepaid card WO2002086676A2 (en)

Priority Applications (4)

Application Number Priority Date Filing Date Title
EP02734043A EP1415254A4 (en) 2001-04-23 2002-04-23 System and method for using a prepaid card
JP2002584133A JP2005512163A (en) 2001-04-23 2002-04-23 System and method using prepaid card
AU2002305233A AU2002305233B2 (en) 2001-04-23 2002-04-23 System and method for using a prepaid card
CA2444102A CA2444102C (en) 2001-04-23 2002-04-23 System and method for using a prepaid card

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US28572601P 2001-04-23 2001-04-23
US60/285,726 2001-04-23

Publications (2)

Publication Number Publication Date
WO2002086676A2 WO2002086676A2 (en) 2002-10-31
WO2002086676A3 true WO2002086676A3 (en) 2004-02-26

Family

ID=23095460

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2002/013123 WO2002086676A2 (en) 2001-04-23 2002-04-23 System and method for using a prepaid card

Country Status (6)

Country Link
EP (1) EP1415254A4 (en)
JP (1) JP2005512163A (en)
AU (2) AU2002305233B2 (en)
CA (2) CA2931579A1 (en)
WO (1) WO2002086676A2 (en)
ZA (1) ZA200308044B (en)

Families Citing this family (11)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US7581674B2 (en) 2003-11-21 2009-09-01 Charles Cohen Financial transaction system and method
US7701320B2 (en) 2005-04-28 2010-04-20 Tdk Corporation Ferrite core and transformer using the same
TR200708292T2 (en) * 2005-05-11 2008-01-21 On Q Technologies Pty Ltd Performing side operations on an established transaction network.
US7886969B2 (en) 2005-12-06 2011-02-15 Visa U.S.A. Inc. Method and system for loading and reloading portable consumer devices
US20080172331A1 (en) * 2007-01-16 2008-07-17 Graves Phillip C Bill Payment Card Method and System
US10068265B2 (en) * 2008-09-22 2018-09-04 Paypal, Inc. Creating revenue sources using allocation source
US20110218907A1 (en) * 2010-03-08 2011-09-08 Firethom Holdings, LLC System and method for creating and managing a shared stored value account associated with a client device
US11055686B2 (en) * 2012-08-08 2021-07-06 E2Interactive, Inc. S/M for providing, reloading, and redeeming stored value cards used in transit applications
PH12015000331A1 (en) * 2015-09-24 2017-04-03 Globe Telecom Inc Systems and methods for authorizing and facilitating third-party withdrawals or payments
JP6988115B2 (en) * 2017-03-21 2022-01-05 日本電気株式会社 Payment management device, payment processing method, program
JP7461400B2 (en) 2022-03-30 2024-04-03 株式会社ジェーシービー Information processing device, program, and information processing method

Citations (6)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US4877947A (en) * 1986-08-05 1989-10-31 Oki Electric Industry Co., Ltd. Transaction processing system
US5869825A (en) * 1993-09-07 1999-02-09 Ziarno; Witold A. Method of processing monetary transaction data by batch off-loading of the data from a portable, hand-held electronic device, device and system therefor
US6085168A (en) * 1997-02-06 2000-07-04 Fujitsu Limited Electronic commerce settlement system
US20020077973A1 (en) * 2000-12-15 2002-06-20 Corrado Ronchi Method and apparatus for issuing prepaid e-cash and calling cards and method of using the same
US20020091632A1 (en) * 2001-01-09 2002-07-11 Turock David L. Method and system for linking prepaid cards and calls using those cards to paying for content and other services over the internet
US20020120563A1 (en) * 2000-09-19 2002-08-29 Mcwilliam William J. System and method for effecting anonymous payments

Family Cites Families (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US6044360A (en) * 1996-04-16 2000-03-28 Picciallo; Michael J. Third party credit card
US6473500B1 (en) * 1998-10-28 2002-10-29 Mastercard International Incorporated System and method for using a prepaid card

Patent Citations (6)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US4877947A (en) * 1986-08-05 1989-10-31 Oki Electric Industry Co., Ltd. Transaction processing system
US5869825A (en) * 1993-09-07 1999-02-09 Ziarno; Witold A. Method of processing monetary transaction data by batch off-loading of the data from a portable, hand-held electronic device, device and system therefor
US6085168A (en) * 1997-02-06 2000-07-04 Fujitsu Limited Electronic commerce settlement system
US20020120563A1 (en) * 2000-09-19 2002-08-29 Mcwilliam William J. System and method for effecting anonymous payments
US20020077973A1 (en) * 2000-12-15 2002-06-20 Corrado Ronchi Method and apparatus for issuing prepaid e-cash and calling cards and method of using the same
US20020091632A1 (en) * 2001-01-09 2002-07-11 Turock David L. Method and system for linking prepaid cards and calls using those cards to paying for content and other services over the internet

Non-Patent Citations (1)

* Cited by examiner, † Cited by third party
Title
See also references of EP1415254A4 *

Also Published As

Publication number Publication date
CA2444102C (en) 2016-08-16
AU2011200292A1 (en) 2011-02-17
EP1415254A4 (en) 2007-08-22
JP2005512163A (en) 2005-04-28
CA2444102A1 (en) 2002-10-31
WO2002086676A2 (en) 2002-10-31
CA2931579A1 (en) 2002-10-31
AU2002305233B2 (en) 2007-07-19
ZA200308044B (en) 2006-06-28
EP1415254A2 (en) 2004-05-06
AU2002305233B8 (en) 2002-11-05

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