# US 8,740,068 B2 · System and method for processing expiration dates for prepaid cards

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- Number: US 8,740,068 B2
- Document ID: US8740068B2
- Status: Granted
- Kind: B2
- Application number: 13/898,061
- Filed: 2013-05-20
- Published: 2013-09-26
- Granted: 2014-06-03
- Earliest claimed: 2008-07-24
- Assignees: Visa International Service Association
- Applicants: Visa U.S.A. Inc.
- Inventors: Justin T. Monk
- Web page: https://patentgrep.com/patent/US8740068B2

## CPC

- G06Q 20/342: {Cards defining paid or billed services or quantities}
- G06Q 20/20: Point-of-sale [POS] network systems
- G06Q 40/02: Banking, e.g. interest calculation or account maintenance (credit or loans G06Q40/03)
- G06Q: INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR

## Abstract

A prepaid card processing system is operable for processing customized expiration dates of prepaid cards. The prepaid card processing system includes a database for storing program expiration parameters associated with an issuer prepaid card program; a set of card accounts created under the issuer prepaid card program, wherein each card account has an expiration date for a prepaid card associated with the card account; and one or more customized expiration parameters for the set of card accounts. The prepaid card processing system is operable to determine the expiration date for the prepaid card associated with the card account based on the program expiration parameters and the customized expiration parameters for the set of card accounts.

## Claims

### Claim 1

A processor-implemented method for establishing expiration dates of prepaid cards, comprising:
transmitting prepaid card order data including at least customized expiration parameters to update initial program expiration parameters;
receiving at least one prepaid card program card account file corresponding to one prepaid card with an expiration date determined based on the customized expiration parameters for processing and acceptance;
receiving a warning message when the transmitted customized expiration parameters fail to meet the expiration criteria;
transmitting one or more revised customized expiration parameters or an override to a warning message when the warning message is received; and
providing the prepaid card to a customer when the card account file is accepted.

### Claim 2 (depends on 1)

The method of claim 1, wherein the prepaid card order data include at least one order for one or more of first issued card, replacement card, or re-issued prepaid card.

### Claim 3 (depends on 1)

The method of claim 1, wherein the program expiration parameters include at least custom acceptance parameters that indicate whether one or more customized expiration parameters are accepted.

### Claim 4 (depends on 3)

The method of claim 3, wherein the custom acceptance parameters include at least one or more of program custom expiration parameter, card replacement expiration parameter, grace period expiration parameter and auto re-issuance expiration parameter.

### Claim 5 (depends on 1)

The method of claim 1, wherein a second expiration date for a replacement card is determined when indicated by a customized recalculation parameter and the customized recalculation parameter is accepted by the program expiration parameters.

### Claim 6 (depends on 5)

The method of claim 5, further comprising:
the new expiration date for the replacement card is based on a replacement customized fixed expiration date when the expiration date of the prepaid card was based on a customized fixed expiration date, and
the new expiration date for the replacement card is based on a replacement customized card life cycle when the expiration date of the prepaid card was based on a customized card life cycle.

### Claim 7 (depends on 1)

The method of claim 1, further comprising:
the program expiration parameters include expiration criteria, wherein the expiration criteria include at least predetermined criteria for the custom expiration parameters.

### Claim 8 (depends on 1)

The method of claim 1, wherein the one or more customized expiration parameters include at least one or more of:
a customized expiration date, wherein the customized expiration date defines an expiration date for the prepaid card;
a customized recalculation parameter, wherein the customized recalculation parameter indicates that the expiration date is to be recalculated for a replacement of the prepaid card;
a grace period, wherein the grace period determines a second expiration date for a replacement of the prepaid card issued within a predetermined time period before the expiration date of the prepaid card; and
an auto re-issuance period, wherein the auto re-issuance period determines a reissued expiration date for a re-issuance of the prepaid card.

### Claim 9 (depends on 8)

The method of claim 8, wherein the customized expiration date includes at least one of a customized fixed expiration date and a customized card life cycle.

### Claim 10 (depends on 1)

The method of claim 1, wherein processing a card account file comprises:
establishing a card bank account for the card account file when the card account file is accepted and the card bank account has not already been created.

### Claim 11 (depends on 1)

The method of claim 1, wherein receiving at least one prepaid card for acceptance comprises:
confirming the activation of the prepaid card when the expiration date of the prepaid card is greater than a predetermined time period; and
rejecting the activation of the prepaid card when the expiration date of the prepaid card is less than a predetermined time period.

### Claim 12 (depends on 1)

The method of claim 1, wherein providing the prepaid card to a customer comprises:
providing the prepaid card to a commercial customer when the prepaid card order data of the prepaid card order that ordered the prepaid card contain shipping address to the commercial customer but no cardholder data.

### Claim 13 (depends on 12)

The method of claim 12, further comprising:
transmitting cardholder data to a prepaid card processor once the commercial customer distributes the prepaid card to a cardholder and collects cardholder data.

### Claim 14 (depends on 12)

The method of claim 12, wherein the commercial customer is an employer and the prepaid card order is for payroll cards for employees.

### Claim 15 (depends on 12)

The method of claim 12, wherein the commercial customer is a merchant and the prepaid card order is for gift cards to be provided by the merchant to merchant customers.

### Claim 16

An apparatus for establishing expiration dates of prepaid cards, comprising:
a memory;
a processor disposed in communication with said memory, and configured to issue a plurality of processing instructions stored in the memory, wherein the processor issues instructions to:
transmit prepaid card order data under a prepaid card program including at least customized expiration parameters to update initial program expiration parameters;
receive at least one card account file corresponding to one prepaid card with an expiration date determined based on the customized expiration parameters for processing and acceptance;
receive a warning message when the transmitted customized expiration parameters fail to meet the expiration criteria;
transmit one or more revised customized expiration parameters or an override to a warning message when the warning message is received; and
provide the prepaid card to a customer when the card account file is accepted.

### Claim 17 (depends on 16)

The apparatus of claim 16, further comprising:
an interface device for communicating with a prepaid card processing system.

### Claim 18 (depends on 17)

The apparatus of claim 17, wherein the interface device is operable to communicate a graphical user interface for transmitting the prepaid card order data including at least the program expiration parameters and the customized expiration parameters.

### Claim 19 (depends on 17)

The apparatus of claim 17, wherein the interface device is operable to communicate a specialized program including at least voice and text communications for transmitting the prepaid card order data including at least the program expiration parameters and the customized expiration parameters.

### Claim 20 (depends on 16)

The apparatus of claim 16, wherein the prepaid card order data include at least one order for one or more of first issued card, replacement card, or re-issued prepaid card.

### Claim 21

A processor-readable non-transitory medium storing processor-issuable instructions to:
transmit prepaid card order data under a prepaid card program including at least customized expiration parameters to update initial program expiration parameters;
receive at least one card account file corresponding to one prepaid card with an expiration date determined based on the customized expiration parameters for processing and acceptance;
receive a warning message when the transmitted customized expiration parameters fail to meet the expiration criteria;
transmit one or more revised customized expiration parameters or an override to a warning message when the warning message is received; and
provide the prepaid card to a customer when the card account file is accepted.

### Claim 22 (depends on 21)

The medium of claim 21, wherein the prepaid card order data include at least one order for one or more of first issued card, replacement card, or re-issued prepaid card.