System and method for brand name gift card exchange
First Claim
Patent Images
1. A system for exchanging a gift card, comprising:
- at least one consumer input device;
a consumer transaction server coupled to the at least one consumer input device;
a transaction exchange server, configured to exchange the gift card for an item of value, coupled to the consumer transaction server; and
a vendor transaction server, configured to release funds as a function of the exchanged gift card.
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Accused Products
Abstract
The present invention provides for exchanging a gift card. Data associated with a first gift card is provided. The data associated with the first gift card is validated. Either a money rebate associated with the first gift card, or a second gift card is selected. The first gift card is exchanged for either a money rebate or the second gift card. An exchange fee is generated by both the vendor associated with the gift card and the company performing the exchange.
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Citations
22 Claims
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1. A system for exchanging a gift card, comprising:
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at least one consumer input device;
a consumer transaction server coupled to the at least one consumer input device;
a transaction exchange server, configured to exchange the gift card for an item of value, coupled to the consumer transaction server; and
a vendor transaction server, configured to release funds as a function of the exchanged gift card. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8)
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9. A method of exchanging a gift card, comprising:
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providing data associated with a first gift card;
validating the data associated with the first gift card;
selecting either a money rebate associated with the first gift card, or a second gift card; and
exchanging the first gift card for either a money rebate or the second gift card. - View Dependent Claims (10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20)
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21. A computer program product for exchanging a gift card, the computer program product having a medium with a computer program embodied thereon, the computer program comprising:
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computer code for providing data associated with a first gift card;
computer code for validating the data associated with the first gift card;
computer code for selecting either a money rebate associated with the first gift card, or a second gift card; and
computer code for exchanging the first gift card for either a money rebate or the second gift card.
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22. A processor for exchanging a gift card, the processor including a computer program comprising:
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computer code for providing data associated with a first gift card;
computer code for validating the data associated with the first gift card;
computer code for selecting either a money rebate associated with the first gift card, or a second gift card; and
computer code for exchanging the first gift card for either a money rebate or the second gift card.
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Specification
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Current AssigneeCardpool Incorporated (Albertsons Cos., Inc.)
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Original AssigneeInternational Business Machines Corporation
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InventorsHamilton, Rick Allen, Waters, Timothy Moffett, Gusler, Carl Phillip, Lipton, Steven Jay
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Granted Patent
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Time in Patent OfficeDays
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Field of Search
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US Class Current705/14.340
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CPC Class CodesG06Q 10/02 Reservations, e.g. for tick...G06Q 30/0207 Discounts or incentives, e....G06Q 30/0225 Avoiding fraudsG06Q 30/0234 Rebates after completed pur...G06Q 30/0237 at kioskG06Q 30/0601 Electronic shopping [e-shop...
