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:
Sep. 02, 2014
Filed:
Feb. 09, 2010
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);
GiftCodes.com, LLC, Pittsburgh, PA (US);
Abstract
Disclosed herein are systems, methods, and computer-readable storage media for redeeming a closed loop card/code funded with an amount of money. The system receives from a merchant point of sale an indication of use of a closed loop card/code not issued by the merchant and presented by a consumer, queries and receives a confirmation of an amount of money in an account associated with the closed loop card/code, presents the consumer with an offer to buy the closed loop card/code at a discount price, and upon accepting the offer, closes out the closed loop card/code and pays the discount price to the consumer. Paying the discount price can include applying the discount price to a purchase by the consumer at the merchant. The merchant can provide cash back to the consumer for excess value of the discount price over the consumer's purchase. Merchants can apply more than the discount price.