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.

Date of Patent:
Nov. 18, 2014

Filed:

Oct. 02, 2009
Applicants:

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);

Inventors:

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);

Assignee:

GiftCodes.com, LLC, Pittsburgh, PA (US);

Attorney:
Primary Examiner:
Assistant Examiner:
Int. Cl.
CPC ...
G06K 5/00 (2006.01); G07F 19/00 (2006.01); G06F 7/08 (2006.01); G07F 17/42 (2006.01); G06Q 20/28 (2012.01);
U.S. Cl.
CPC ...
G07F 17/42 (2013.01); G06Q 20/28 (2013.01);
Abstract

Disclosed herein are systems, methods, and computer-readable storage media for generating a gift code. The system receives an indication from a first user identifying a closed loop card, receives a confirmation of an amount of money in an account associated with the closed loop card, offers to purchase the closed loop card at an amount less than the amount of money in the account associated with the closed loop card, and upon acceptance of the offer, deactivates the closed loop card. The system then offers to sell the amount of money at a discount rate to a second user, receives acceptance of the offer to sell the amount of money at the discount rate, and associates a gift code with the amount of money for use by the second user. Gift codes can have no expiration date. A multi-process secure gateway can confirm the amount of money.


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