GB2372960A - Pre-pay charge card - Google Patents

Pre-pay charge card Download PDF

Info

Publication number
GB2372960A
GB2372960A GB0105782A GB0105782A GB2372960A GB 2372960 A GB2372960 A GB 2372960A GB 0105782 A GB0105782 A GB 0105782A GB 0105782 A GB0105782 A GB 0105782A GB 2372960 A GB2372960 A GB 2372960A
Authority
GB
United Kingdom
Prior art keywords
charge card
customer
card
pay charge
issued
Prior art date
Legal status (The legal status is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the status listed.)
Withdrawn
Application number
GB0105782A
Other versions
GB0105782D0 (en
Inventor
Stephen Talbot
Brian Rosenberg
Current Assignee (The listed assignees may be inaccurate. Google has not performed a legal analysis and makes no representation or warranty as to the accuracy of the list.)
Individual
Original Assignee
Individual
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by Individual filed Critical Individual
Priority to GB0105782A priority Critical patent/GB2372960A/en
Publication of GB0105782D0 publication Critical patent/GB0105782D0/en
Publication of GB2372960A publication Critical patent/GB2372960A/en
Withdrawn legal-status Critical Current

Links

Classifications

    • B—PERFORMING OPERATIONS; TRANSPORTING
    • B42—BOOKBINDING; ALBUMS; FILES; SPECIAL PRINTED MATTER
    • B42D—BOOKS; BOOK COVERS; LOOSE LEAVES; PRINTED MATTER CHARACTERISED BY IDENTIFICATION OR SECURITY FEATURES; PRINTED MATTER OF SPECIAL FORMAT OR STYLE NOT OTHERWISE PROVIDED FOR; DEVICES FOR USE THEREWITH AND NOT OTHERWISE PROVIDED FOR; MOVABLE-STRIP WRITING OR READING APPARATUS
    • B42D25/00—Information-bearing cards or sheet-like structures characterised by identification or security features; Manufacture thereof
    • B42D25/20—Information-bearing cards or sheet-like structures characterised by identification or security features; Manufacture thereof characterised by a particular use or purpose
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • 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
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/30—Payment architectures, schemes or protocols characterised by the use of specific devices or networks
    • G06Q20/34—Payment architectures, schemes or protocols characterised by the use of specific devices or networks using cards, e.g. integrated circuit [IC] cards or magnetic cards
    • G06Q20/342—Cards defining paid or billed services or quantities
    • G—PHYSICS
    • G07—CHECKING-DEVICES
    • G07F—COIN-FREED OR LIKE APPARATUS
    • G07F7/00—Mechanisms actuated by objects other than coins to free or to actuate vending, hiring, coin or paper currency dispensing or refunding apparatus
    • G07F7/02—Mechanisms actuated by objects other than coins to free or to actuate vending, hiring, coin or paper currency dispensing or refunding apparatus by keys or other credit registering devices
    • G07F7/025—Mechanisms actuated by objects other than coins to free or to actuate vending, hiring, coin or paper currency dispensing or refunding apparatus by keys or other credit registering devices by means, e.g. cards, providing billing information at the time of purchase, e.g. identification of seller or purchaser, quantity of goods delivered or to be delivered

Landscapes

  • Engineering & Computer Science (AREA)
  • Business, Economics & Management (AREA)
  • Physics & Mathematics (AREA)
  • General Physics & Mathematics (AREA)
  • Microelectronics & Electronic Packaging (AREA)
  • Computer Networks & Wireless Communication (AREA)
  • Accounting & Taxation (AREA)
  • Strategic Management (AREA)
  • General Business, Economics & Management (AREA)
  • Theoretical Computer Science (AREA)
  • Financial Or Insurance-Related Operations Such As Payment And Settlement (AREA)

Abstract

The card for has a pre-set value and can be used by people under the age of 18 and people without a credit rating or bank account enabling purchase of goods and/or services, even over the internet.

Description

The"Pre-pay charge card" This invention relates to a pre-pay charge card.
"Debit","credit","charge"and"store"cards are well known devices for purchasing goods and or services. These cards are only available to adults over the age of 18 with an acceptable credit rating, who have a bank account.
When goods and or services are purchased using a debit card, money limited by a preset maximum is withdrawn directly from the customer's bank account.
When goods and or services are purchased using a credit or store card, money is limited by a preset maximum, usually an amount much higher than in the case of a debit card, and is paid by the financial institution or store who issues the card on behalf of the customer. The customer is then invoiced for all their purchases on a monthly basis, when they have a choice of paying off all of the outstanding amount or part of the amount and being liable for interest on the remainder.
When goods and or services are purchased using a charge card, it is similar to using a credit or store card, but the customer pays all of the outstanding balance at the end of each month.
According to the present invention a card is made available to people even under the age of 18, even with a poor credit rating and no bank account is necessary.
The limit to the value of the goods and or services purchased is preset by the value of the"pre-pay charge card"or the amount the customer pre-pays into their"prepay charge card's"account.

Claims (6)

  1. Claims 1. A pre-pay charge card, which can be similar in appearance to existing debit, credit, charge and store cards, can be issued by any organisation who wishes to assist their customers in purchasing goods and or services either from themselves and or from a third party.
  2. 2. A pre-pay charge card as in claim 1. which can be issued to a customer even under the age of 18.
  3. 3. A pre-pay charge card as in claims 1. and 2. can be issued to a customer without any investigation of their credit rating.
  4. 4. A pre-pay charge card as in claims 1., 2. and 3. can be issued to a customer without it being necessary for that customer to have a bank account.
  5. 5. A pre-pay charge card as in claims 1., 2., 3. and 4., which has a preset value, which cannot be exceeded or replenished.
  6. 6. A pre-pay charge card as in claims 1., 2., 3. and 4., which the customer can retain even when the prepaid amount has been reached as this card can be replenished.
GB0105782A 2001-03-09 2001-03-09 Pre-pay charge card Withdrawn GB2372960A (en)

Priority Applications (1)

Application Number Priority Date Filing Date Title
GB0105782A GB2372960A (en) 2001-03-09 2001-03-09 Pre-pay charge card

Applications Claiming Priority (1)

Application Number Priority Date Filing Date Title
GB0105782A GB2372960A (en) 2001-03-09 2001-03-09 Pre-pay charge card

Publications (2)

Publication Number Publication Date
GB0105782D0 GB0105782D0 (en) 2001-04-25
GB2372960A true GB2372960A (en) 2002-09-11

Family

ID=9910277

Family Applications (1)

Application Number Title Priority Date Filing Date
GB0105782A Withdrawn GB2372960A (en) 2001-03-09 2001-03-09 Pre-pay charge card

Country Status (1)

Country Link
GB (1) GB2372960A (en)

Cited By (1)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
GB2458541A (en) * 2008-03-28 2009-09-30 Raif Bulent Kalemdaroglu Pre-paid credit card for hiding user details and identity

Citations (5)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
EP0356121A2 (en) * 1988-08-19 1990-02-28 Kabushiki Kaisha Toshiba Transaction system with prepaid card processing apparatus
EP0452937A1 (en) * 1990-04-20 1991-10-23 Tokin Corporation Method for processing cards such as prepaid cards and card processing device therefor
US5621787A (en) * 1995-09-13 1997-04-15 Bell Atlantic Network Services, Inc. Prepaid cash card
JPH10302126A (en) * 1997-04-23 1998-11-13 Media Guritsupu Kk Electronic account settlement system capable of validating prepaid card at selling time of reading card information by terminal
WO2000025507A1 (en) * 1998-10-28 2000-05-04 Mastercard International Incorporated System and method for using a prepaid card

Patent Citations (5)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
EP0356121A2 (en) * 1988-08-19 1990-02-28 Kabushiki Kaisha Toshiba Transaction system with prepaid card processing apparatus
EP0452937A1 (en) * 1990-04-20 1991-10-23 Tokin Corporation Method for processing cards such as prepaid cards and card processing device therefor
US5621787A (en) * 1995-09-13 1997-04-15 Bell Atlantic Network Services, Inc. Prepaid cash card
JPH10302126A (en) * 1997-04-23 1998-11-13 Media Guritsupu Kk Electronic account settlement system capable of validating prepaid card at selling time of reading card information by terminal
WO2000025507A1 (en) * 1998-10-28 2000-05-04 Mastercard International Incorporated System and method for using a prepaid card

Cited By (1)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
GB2458541A (en) * 2008-03-28 2009-09-30 Raif Bulent Kalemdaroglu Pre-paid credit card for hiding user details and identity

Also Published As

Publication number Publication date
GB0105782D0 (en) 2001-04-25

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Legal Events

Date Code Title Description
WAP Application withdrawn, taken to be withdrawn or refused ** after publication under section 16(1)