Method of managing prepaid accounts
A technology of account and prepayment, which is applied in the field of financial services and can solve problems such as loss
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[0017] Referring to the drawings in detail, Figure 1 illustrates a prepaid account system 10 integrated into a financial transaction system. The financial transaction system includes traditional on-premises 12 merchants as well as merchants located on the Internet 14 . Of course, merchants can also exist in both scopes at the same time. Credit card transactions between merchants and consumers are realized through a standardized credit transaction system 16 . One such standardized system is run and maintained by the Visa International Service Association, headquartered in San Francisco, California. Another such standardized system is operated and maintained by MasterCard International, Incorporated, with offices in Purchase, New York. Both of these standardized credit transaction systems are widely used and it is within the purview of those skilled in the art to integrate a prepaid account system therewith. Merchants (whether traditional on-premises or Internet-based), stand...
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