Abstract: A method allowing a first person to provide a “virtual” gift to a second party is disclosed, referred to as a “credit gifting” system, wherein the first person accesses an application allowing predetermined aspects of the gift, such as the retailer, store, product type etc to predetermined whilst adding personal messages etc. The second person receives a gift credit towards a purchase redeemable at the defined retailer or store for any wares/services or only those identified by first person. In another embodiment the second person is able to select the retailer or store to redeem from or if unable to redeem themselves allocate a proxy. Accordingly the method overcomes drawbacks of current “captive” gift cards and pre-paid traditional gift cards whilst also offering enhanced registry services, advertising, retailer demographics etc by leveraging the association of a personal electronic device with the recipient of the gift credit.

Abstract: A method allowing a first person to provide a “virtual” gift to a second party is disclosed, referred to as a “credit gifting” system, wherein the first person accesses an application allowing predetermined aspects of the gift, such as the retailer, store, product type etc. to predetermined whilst adding personal messages etc. The second person receives a credit towards the purchase of the gift, the credit being redeemable at the defined retailer or store for any wares/services or only those identified by first person. If the credit so gifted is not redeemed within predetermined time the first person is re-credited. In another embodiment the second person is able to select the retailer or store to redeem from or if unable to redeem themselves allocate a proxy. Accordingly the method overcomes drawbacks of current “captive” gift cards and pre-paid gift cards whilst also offering enhanced registry services etc.

Abstract: A method allowing a first person to provide a “virtual” gift to a second party is disclosed, referred to as a “credit gifting” system, wherein the first person accesses an application allowing predetermined aspects of the gift, such as the retailer, store, product type etc to predetermined whilst adding personal messages etc. The second person receives a credit towards the purchase of the gift, the credit being redeemable at the defined retailer or store for any wares/services or only those identified by first person. If the credit so gifted is not redeemed within predetermined time the first person is re-credited. In another embodiment the second person is able to select the retailer or store to redeem from or if unable to redeem themselves allocate a proxy. Accordingly the method overcomes drawbacks of current “captive” gift cards and pre-paid gift cards whilst also offering enhanced registry services etc.