Systems and methods for fixed form card to virtual card communication

Inactive Publication Date: 2012-12-20
E2INTERACTIVE INC D B A E2INTERACTIVE
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Benefits of technology

[0008]When the fixed form card is converted to a virtual card, the security of the card can be increased. One technique which may be used to increase security of the virtual card may be to selectively disable the virtual card via the virtual card manager subsequent to conversion of the fixed form card to the virtual card. Selectively disabling the card

Problems solved by technology

Difficulties arise with the transition to mobile forms of payment due to issues related to security and fraud, tracking and redemption.
In regards to fixed form cards, there are many difficulties in managing a large number of plastic cards maintained by a consumer.
Due to the number of these cards that a consumer may manage, consumers may physically stretch their wallets to carry the large number of cards and it may be difficult to locate a desired plastic card for use due to the number of cards.
Additionally, when the plastic cards are not carried for use, in some examples, a consumer may lose the plastic gift card or fail to bring the plastic gift card to the brick and mortar store

Method used

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  • Systems and methods for fixed form card to virtual card communication
  • Systems and methods for fixed form card to virtual card communication
  • Systems and methods for fixed form card to virtual card communication

Examples

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Embodiment Construction

[0018]As described in more detail below, systems and methods are provided for converting a fixed form card to a virtual card. Further, systems and methods have been developed to increase the security of a virtual card during the assignment of a virtual card from its previous fixed form state, such as a plastic state, in order to reduce the likelihood of fraudulent use of the virtual card.

[0019]As an example and not as a limitation, a virtual card manager may manage a plurality of third party systems, such as third party point of sale systems. Regardless of the type of third party system, the virtual card manager may enable conversion such that users may be able to selectively convert a fixed form plastic card to a virtual card. The virtual card management system may manage the conversion such that the third party system recognizes the converted virtual card as stored value cards in their system. Thus, the virtual card management system enables conversion of fixed form cards to virtual

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PUM

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Abstract

System and methods for converting a fixed form card to a virtual card are disclosed herein. The system includes a virtual card manager and a user computing device communicatively coupled via a network. The virtual card manager may be configured to convert a fixed form card to a virtual card, and the user computing device may be configured to initiate a virtual card conversion request via a virtual card engine stored in mass storage and executable by a processor. As such, a stored value of the fixed form card may be transferred to the virtual card in a secure manner.

Description

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Claims

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Application Information

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Owner E2INTERACTIVE INC D B A E2INTERACTIVE
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