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.
Claims27
A method comprising:
- identifying a first prepaid gift account associated with a first prepaid gift;
- presenting an owner of the first prepaid gift with an offer to purchase the first prepaid gift account associated with the first prepaid gift for an offer amount;
- receiving from the owner an acceptance of the offer;
- and
- based on the acceptance:
- providing payment to the owner for the first prepaid gift account associated with the first prepaid gift;
- generating a second prepaid gift account for a second prepaid gift;
- loading the second prepaid gift account with funds equal or to the first prepaid gift account that was suspended;
- suspending the first prepaid gift account associated with the first prepaid gift;
- and
- offering the second prepaid gift account for resale as a new prepaid gift to a person other than the owner.
A system comprising:
- a processor;
- and
- a non-transitory memory storing instructions which, when executed by the processor, cause the processor to perform a method comprising:
- identifying a first prepaid gift account associated with a first prepaid gift;
- presenting an owner of the first prepaid gift account associated with the first prepaid gift with an offer to purchase the first prepaid gift account associated with the first prepaid gift for an offer amount;
- receiving from the owner an acceptance of the offer;
- and
- based on the acceptance:
- providing payment to the owner for the first prepaid gift account associated with the first prepaid gift;
- generating a second prepaid gift account associated with a second prepaid gift;
- loading the second prepaid gift account with funds equal or to the first prepaid gift account that was suspended;
- suspending the first prepaid gift account associated with the first prepaid gift;
- and
- offering the second prepaid gift account for resale as a new prepaid gift to a person other than the owner.
A non-transitory computer readable medium having stored therein instructions which, when executed by a processor, cause the processor to perform a method comprising:
- identifying a first prepaid gift account associated with a first prepaid gift;
- presenting an owner of the first prepaid gift with an offer to purchase the first prepaid gift account associated with the first prepaid gift for an offer amount;
- receiving from the owner an acceptance of the offer;
- and
- based on the acceptance:
- providing payment to the owner for the first prepaid gift account associated with the first prepaid gift;
- generating a second prepaid gift account for a second prepaid gift;
- loading the second prepaid gift account with funds equal or to the first prepaid gift account that was suspended;
- suspending the first prepaid gift account associated with the first prepaid gift;
- and
- offering the second prepaid gift account for resale as a new prepaid gift to a person other than the owner.
Dependencies are inferred from the claim text.