Gift card reimbursement system and method

A method for purchasing goods and services in transactions utilizing a valued card includes issuing to a card owner from an issuing institution a valued card pursuant to an agreement between the card owner and the issuing institution. The valued card has a purchase value. The valued card is transferred to a recipient having authority to purchase goods and services utilizing at least a portion of the purchase value. The card owner is reimbursed a percentage of a remaining balance of the purchase value at an expiration date pursuant to the agreement ,and recievesinterest for the unredeemed balance

Patents:
US 8,060,420 issued 2011-11-15   [MORE INFO]

Type of Offer: Sale or Licensing



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