The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Apr. 10, 2012
Filed:
Oct. 02, 2009
Jason Wolfe, Sewickley, PA (US);
Mark Romanelli, Bridgeville, PA (US);
Sanjay Akut, Pittsburgh, PA (US);
Mike Kelly, Langhorne, PA (US);
Mary Jane Kelly, Langhorne, PA (US);
Jason Wolfe, Sewickley, PA (US);
Mark Romanelli, Bridgeville, PA (US);
Sanjay Akut, Pittsburgh, PA (US);
Mike Kelly, Langhorne, PA (US);
Mary Jane Kelly, Langhorne, PA (US);
Giftcards.com, LLC, Pittsburgh, PA (US);
Abstract
Disclosed herein are systems, methods, and computer-readable storage media for processing closed loop cards/codes. The method includes identifying a closed loop card/code having associated money in an account, receiving a confirmation of an amount of money in the closed loop card/code account, presenting an owner of the closed loop card/code with the amount of money in the closed loop card/code account and an offer to pay an offer amount for the closed loop card/code, receiving an indication that the owner accepts the offer, receiving the amount of money from the closed loop card/code account, and paying the owner the offer amount. Payment can be on an open loop card/code, cash, automated clearing house (ACH) to bank, check, merchant credit, or bill pay. The method can include generating a new closed loop card/code associated with the amount of money. The new closed loop card/code can be sold to another user.