System and method for chopping up and processing gift cards
AssigneeGiftCodes.com, LLC
InventorJason WOLFE
Life of this patent
Estimating the term…
Abstract
Systems, methods, and computer-readable media for chopping up a gift card/code into smaller multiple gift card/codes. The system receives a request from a user to convert a closed-loop card/code having a value amount into two different closed-loop cards/codes and divides (or “chops up”) the closed-loop card/code into a first closed-loop card/code having a first value amount and a second closed-loop card/code having a second value amount, wherein the first value amount and the second value amount add up to no more than the value amount. The system offers the first closed-loop card/code and the second closed-loop card/code to one of the user and a third party.
Claims20
A method comprising:
- purchasing a closed loop account having a value amount;
- creating, via a processor of a computing device, a first closed loop account and a second closed loop account;
- transferring a first portion of the value amount from the closed loop account to the first closed loop account;
- transferring a second portion of the value amount from the closed loop account to the second closed loop account;
- and
- offering one of the first closed loop account and the second closed loop account for sale to a second user.
A system comprising:
- a processor;
- and
- a computer-readable storage medium storing instructions which, when executed by the processor, cause the processor to perform operations comprising:
- purchasing a closed loop account having a value amount;
- creating, via a processor of a computing device, a first closed loop account and a second closed loop account;
- transferring a first portion of the value amount from the closed loop account to the first closed loop account;
- transferring a second portion of the value amount from the closed loop account to the second closed loop account;
- and
- offering one of the first closed loop account and the second closed loop account for sale to a second user.
A computer-readable storage device storing instructions which, when executed by a processor, cause the processor to perform operations comprising:
- purchasing a closed loop account having a value amount;
- creating, via a processor of a computing device, a first closed loop account and a second closed loop account;
- transferring a first portion of the value amount from the closed loop account to the first closed loop account;
- transferring a second portion of the value amount from the closed loop account to the second closed loop account;
- and
- offering one of the first closed loop account and the second closed loop account for sale to a second user.
Dependencies are inferred from the claim text.