Sponsor funded stored value card

Details Sponsor funded stored value card Sponsor funded stored value card

2007-01-16

2007-01-16

Kyle, Charles R. (Department: 3624)

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

Automated electrical financial or business practice or...

Finance

C705S039000, C705S040000

Reexamination Certificate

active

10284395

ABSTRACT:
A method and system for issuing a sponsor funded stored value card. A sponsor company funds an account associated with the stored value card. The stored value card is issued to a cardholder, who can withdraw funds from the account, but cannot deposit additional funds in the account. A sponsor funded stored value card may reduce expenses and difficulties associated with written checks.

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