System and method for facilitating a subsidiary card account...

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance

Reexamination Certificate

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C705S035000, C235S379000, C235S380000

Reexamination Certificate

active

10628034

ABSTRACT:
The present invention provides a system and method for facilitating a subsidiary account with parental control of one or more spending limits. An exemplary system facilitates the provisioning of funds to a subsidiary account and the control of the spending of the subsidiary account by a parent through establishment or modification of one or more spending limits through various communication devices. Exemplary spending limits may be configured for modifying a spending capacity so as to affect an amount per transaction, per day, during a predetermined time period, at a particular merchant, at a particular chain of merchants, at a type of industry, in accordance with a predetermined rate of increase or decrease over time, number of transactions during any time period and/or any combination thereof.

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U.S. Appl. No. 60/083,004.
U.S. Appl. No. 60/242,493.
“Florida Attorney Patents Smart Card Business Process”. Card News. Potomac: Apr. 5, 2000. vol. 15, Issue 7, p. 1.

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