1620results about "Pre-payment schemes" patented technology

A method of enabling electronic commerce transactions is provided by a service, the service giving to users a disposable credit card or other indicia of credit for a particular transaction or amount. The service receives registration information from the user and authorizes the user. The service establishes an account for the user and issues a disposable (one use) credit card number to the user which has the same format as a permanent credit card number, is acceptable to the user and the institution with whom the user is transacting business. The system incorporates various security features.

The present invention provides a system and method for facilitating a subsidiary account with parental control of one or more spending limits. An exemplary system facilitates the provisioning of funds to a subsidiary account and the control of the spending of the subsidiary account by a parent through establishment or modification of one or more spending limits through various communication devices. Exemplary spending limits may be configured for modifying a spending capacity so as to affect an amount per transaction, per day, during a predetermined time period, at a particular merchant, at a particular chain of merchants, at a type of industry, in accordance with a predetermined rate of increase or decrease over time, number of transactions during any time period and / or any combination thereof.

Systems and methods for banking transactions use a kiosk to perform financial services. The kiosk dispenses a stored-value card. The kiosk determines a stored-value account related to a stored-value card for a user. The kiosk then receives user instructions for a banking transaction using the stored-value account. The kiosk then processes the user instructions to perform the banking transaction using the stored-value account.

A method and apparatus for providing roaming and hand-off support for prepaid billing for wireless prepaid services on a data network may be provided by a first-network-access device carrying on session activity of a wireless communication session with a wireless-mobile node within a first coverage area. The first-network-access device receives blocks of credits drawn from a user account having a cache of available credits for the prepaid-services.The first-network-access device periodically measures usage of the session activity in terms of a first of a plurality of measurement-method parameters. The first-network-access device debits the usage of the session activity from the blocks of credits.After entering its coverage area, the second-network-access device establishes connectivity with the wireless-mobile node. The first-network-access device tunnels to the second-network-access device the session activity and any unused credits. The second-network-access device periodically measures usage of the tunneled session activity in terms of tunneled measurement-method parameters. The second-network-access device debits the usage of the tunneled session activity from the tunneled unused credits.The second-network-access device then establishes independent network access for the session activity. The second-network-access device receives blocks of credits. The second-network-access device periodically measures the usage of the session activity in terms of another of the plurality of measurement-method parameters. The second-network-access device debits the usage of the session activity from the blocks of credits it receives.After hand-off, the first-network-access device may receive from indications to terminate session activity, to stop debiting the usage of the session activity, and / or to return unused credits.

A method and system and computer readable medium for processing currency including cash, coins, passive cards, prepaid cards, debit cards, check cards, and smart cards and for providing tokens including passive cards, debit cards, check cards, and smart cards. A transaction fee is calculated based upon a combination of one more of the following (i) type and amount of currency deposited; (iii) the type and amount of token requested; and (iii) the type and amount of the subsequent purchase.

A computerized system and method for managing stored-value card data over a communications network between a plurality of terminals and a central processor is provided. Each of the terminals is accessible to respective users and is located in a respective location generally remote relative to the central processor. The stored-value card data is configured to securely process in real time stored-value cards transacted by respective users to enable charging prepaid stored-value services to a recipient of the transacted stored-value card. The method allows for providing a database coupled to the central processor. The method further allows for storing in the database a plurality of records comprising stored-value card data for each stored-value card. An associating step allows for associating in each stored record respective identifiers to uniquely match a respective stored-value card and a respective terminal. The associating step is enabled by assigning a “setup” card to the location and capturing the terminal information when a transaction utilizing that card is made. A transmitting step allows for transmitting a request of stored-value card activation to the central processor from a respective requesting terminal, the central processor configured to accept said activation request based on whether the associated identifiers for the stored-value card to be activated match identifiers actually transmitted by the requesting terminal for that stored-value card and terminal.

A method for the online modification, submission and approval processing of a future payment request to afford a user the ability to renegotiate established loan agreement debt terms in which network communications are established between a user, such as a debtor, and a server is presented. The method comprises receiving information, at the server, regarding the loan agreement debt terms, presenting received information to a debtor, providing an interactive environment enabling a debtor to modify existing terms, submitting modified terms, processing data from the available information using a rules based engine, and processing a future payment request based on at least one decision made by the rules based engine. While online, the user / debtor may engage in revising a rejected future payment request in an attempt to reach a satisfactory renegotiation of debt terms.

A system and method allows users to make purchases by charging or funding a prepaid debit card with their cell phone accounts by simulating a user roaming with their mobile device.

A prepaid card system enabling access to payment-based websites comprising one or more prepaid cards bearing a stored value and authentication codes; one or more cardholder computers communicating via the Internet with merchant websites; a "middleman" server communicating via an intranet with merchants, prepaid card issuers and said merchants' banks; one or more searchable databases hosted on the middleman's server storing merchant registration information, card issuer information; one or more software applications to interpret the data sent by the middleman server for the identification and online deduction of the amount of value used in a transaction from a prepaid card; one or more software applications for reception and transmission of cardholder card data; and one or more software applications for transaction accounting and payment processing between merchants, card issuers, middleman and merchants' banks. A prepaid card payment method for electronic commerce is also disclosed and claimed.