Abstract: Systems, methods, and computer-readable media for preventing fraud when exchanging prepaid gift accounts. The system identifies a first prepaid gift account associated with a first prepaid gift. The system then presents an owner of the first prepaid gift with an offer to purchase the first prepaid gift account for an offer amount. Next, the system receives from the owner an acceptance of the offer. Based on the acceptance, the system provides payment to the owner for the first prepaid gift account, generates a second prepaid gift account for a second prepaid gift, transfers at least a portion of funds from the first prepaid gift account to the second prepaid gift account, deactivates the first prepaid gift account, and offers the second prepaid gift account for resale as a new prepaid gift to a person other than the owner.
Abstract: Systems, methods, and computer-readable media for preventing fraud when exchanging prepaid gift accounts. The system identifies a first prepaid gift account associated with a first prepaid gift. The system then presents an owner of the first prepaid gift with an offer to purchase the first prepaid gift account for an offer amount. Next, the system receives from the owner an acceptance of the offer. Based on the acceptance, the system provides payment to the owner for the first prepaid gift account, generates a second prepaid gift account for a second prepaid gift, transfers at least a portion of funds from the first prepaid gift account to the second prepaid gift account, deactivates the first prepaid gift account, and offers the second prepaid gift account for resale as a new prepaid gift to a person other than the owner.
Abstract: Disclosed herein are systems, methods, and non-transitory computer-readable storage media for tracking a secondary gift card marketplace. A system configured to practice the method collects data related to a secondary market, which includes a transaction associated with a gift card, the transaction not involving an issuer of the gift card, processes the collected data, and presents at least a portion of the processed collected data to a merchant in a user interface. Gift cards can include at least one of gift cards and gift codes. The collected data can further include a plurality of transactions associated with gift cards. In one aspect, each gift card transaction in the plurality of gift card transaction does not involve an original issuing merchant of a gift card. The collected data can further include at least one of pricing, demographic, geographic, and other information related to the gift card transactions.
Type:
Grant
Filed:
February 8, 2010
Date of Patent:
August 6, 2013
Assignee:
Giftcodes.com, LLC
Inventors:
Jason Wolfe, Mark Romanelli, Sanjay Akut, Mike Kelly, Mary Jane Kelly
Abstract: Systems, methods, and non-transitory computer-readable storage media for joint use of gift codes and coupon codes. This technology can provide a way to use both a gift code and a coupon code in a same transaction, to discover corresponding codes for a given code, and to easily complete purchases using a gift code and a coupon code. The system identifies a companion code associated with a first value, wherein the companion code is at least one of a deal code, a discount code, and a coupon code. The system identifies a gift code associated with a second value, wherein the companion code, when used to make a purchase in combination with the gift code, provides a discount. The system offers the gift code for sale, and, upon a user purchasing the gift code, transmits the gift code to the user for combined use with the companion code.