US 7,096,198 B1Granted

Internet web site program for the purchase, issue and dispensing of debit cards

OwnerVincent Cuervoinventor

Life of this patent

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Abstract

A computerized computer program in an Internet Web site with input and output capabilities for the sale, issue and dispensing of debit cards that includes automated teller machine as dispensers for debit cards that include each one a unique identification number on a storage member thereon. A purchaser clicks the Web site address through his or her personal computer, then, following the program steps, enters his/her particulars and those of the transaction which are merged with one of the unique identification numbers and transmitted to a remote computer facility that acts as clearing house for the users' transactions. The remote facility includes input and output means to communicate with the debit card issuer(s), the dispensers and the associated circuitry to obtain the identification numbers of the debit cards being issued and dispensed and the particulars of the holders and the transactions. Adequate software is provided in the remote facility to permit holders to access the same line of credit opened for one or more debit cards so that different users can remotely access and affect one or more lines of credit.

Claims10

Dependent claims

In an interactive system for the consummation of a transaction resulting in the issuance of debit card, wherein said interactive system comprises means for entry of subscriber information relative to identification of said subscriber, and designation of a source of funds from which to apply value to said debit card, wherein the improvement comprises:

(a) An internet accessible portal, hosted by an issuer of a debit card, having issuer designated fields for supply of subscriber information, relative to identification of said subscriber, and issuer designated fields for subscriber designation of a source of funds, to be used to fund said debit card;
(b) Means for issuer communication from said internet accessible portal to an electronically accessible portal or address, from which said designated funds are available to be withdrawn, so as to permit verification of availability for transfer of available funds to said issuer of said debit card for further credit to said subscriber;
(c) Means for issuer initiated transfer of said subscriber designated source of available funds to said issuer, to the extent requested by said subscriber, to said issuer to fund said debit card;
and
(d) Means for issuance of said debit card to said subscriber, in a national currency designated by said subscriber, to the extent of said funds transferred to said issuer, from said subscriber designated source of available funds.

2 more elements

Dependencies are inferred from the claim text.

Facts

Application: 09/207,854Filed 8 Dec 1998 · continuation in part
Priority: 16 Jun 1997
Granted: 22 Aug 2006
Term ends: Not estimatedThe source records don’t support an estimate.

Classification8 codes

G07F 19/203
Automatic teller machines [ATMs]: dispensing operations within ATMs
G06Q 20/10
Payment architectures: specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
G06Q 20/1085
Remote banking, e.g. home banking: involving automatic teller machines [ATMs]
G06Q 20/12
Payment architectures: specially adapted for electronic shopping systems