Gift card reimbursement system and method

Details Gift card reimbursement system and method Gift card reimbursement system and method

2007-06-04

2011-11-15

Colbert, Ella (Department: 3694)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Finance

C705S039000

Reexamination Certificate

active

08060420

ABSTRACT:
A method for purchasing goods and services in transactions utilizing a valued card includes issuing to a card owner from an issuing institution a valued card pursuant to an agreement between the card owner and the issuing institution. The valued card has a purchase value. The valued card is transferred to a recipient having authority to purchase goods and services utilizing at least a portion of the purchase value. The card owner is reimbursed a percentage of a remaining balance of the purchase value at an expiration date pursuant to the agreement.

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PCT, International Search Report of PCT/US2008/065661, dated Dec. 17, 2009, 5 pages.

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