Method for issuance of satellite credit and debit cards
OwnerDonald Spectorinventor
Life of this patent
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Abstract
The present invention relates to a method for a credit card holder to issue satellite debit cards out of his pre-established credit card, without the need for prior approval by his credit card company. The satellite card could be issued to himself or to any other party, and the information regarding this satellite card would be electronically transmitted to the recipient of the card. The recipient would then utilize this information to print out a unique Satellite Card, which can be accepted by merchants for purchases or for obtaining cash.
Claims18
A method for issuing Satellite Cards by a Credit Card Holder comprising the steps of:
- the Credit Card Holder contacting the Holder's credit card company by accessing a secure website of said company on the Internet;
- the Credit Card Holder inputting the amount to be issued to the Satellite Card;
- the Credit Card Company determining if the Credit Card Holder has sufficient credit to cover the amount to be issued to the Satellite Card, and approving the issue of Satellite Card if there is sufficient credit;
- the Credit Card Company generating a Satellite Card number and Personal Identification Code, and informing the Credit Card Holder of same, and
- the Satellite Card and the Personal Identification Code being transmitted by an encrypted internet message to an intended recipient of the Satellite Card.
A method for issuing Satellite Cards by a Credit Card Holder comprising the steps of:
- the Credit Card Holder contacting the Holder's credit card company by accessing a secure website of said company on the Internet;
- the Credit Card Holder inputting the amount to be issued to the Satellite Card;
- the Credit Card Company determining if the Credit Card Holder has sufficient credit to cover the amount to be issued to the Satellite Card,
- approving the issue of Satellite Card if there is sufficient credit;
- the Credit Card Company generating a Satellite Card number and Personal Identification Code, and informing the Credit Card Holder of same;
- the Satellite Card and the Personal Identification Code being transmitted by an encrypted internet message to an intended Recipient of the Satellite Card;
- and
- the intended Recipient of the Satellite Card downloading and generating a physical copy of the Satellite Card through a computer printer.
A method for issuing Satellite Cards by a Credit Card Holder comprising the steps of:
- the Credit Card Holder contacting the Holder's credit card company by accessing a secure website of said company on the Internet;
- the Credit Card Holder inputting the amount to be issued to the Satellite Card;
- the Credit Card Company determining if the Credit Card Holder has sufficient credit to cover the amount to be issued to the Satellite Card, and approving the issue of Satellite Card if there is sufficient credit;
- the Credit Card Company generating a Satellite Card number and Personal Identification Code, and informing the Credit Card Holder of same;
- the Satellite Card and the Personal Identification Code being transmitted by an encrypted internet message to an intended Recipient of the Satellite Card;
- the intended Recipient of the Satellite Card downloading and generating a physical copy of the Satellite Card through a computer printer;
- and
- wherein the physical copy of the Satellite Card is imprinted with a barcode readable with a barcode reader and includes a picture of the Satellite Card Recipient.
Dependencies are inferred from the claim text.