Gift card conversion and digital wallet

Patent metadata

Field	Value
Publication number	US-10127547-B2
Application number	US-201815960946-A
Country	US
Kind code	B2
Filing date	Apr 24, 2018
Priority date	Mar 17, 2011
Publication date	Nov 13, 2018
Grant date	Nov 13, 2018

Abstract

A method and a system convert the value of a gift card for use with a mobile device. The value of the gift card is determined from an issuer of the gift card. The value of the gift card is stored in a digital payment account in a storage device. The digital payment account stores values of gift cards from issuers. A financial transaction corresponding to the issuer of the gift card is performed on the digital payment account. The value of a first gift card from a first issuer of a first digital payment account is exchanged with the value of a second gift card from a second issuer of a second digital payment account.

First claim

What is claimed is:

1. A computer system comprising:
one or more processors; and
executable instructions accessible on a computer-readable medium that, when executed, cause the one or more processors to perform operations comprising:
generating a disposable financial account for a first user account associated with a first mobile computing device;
generating a first link, in the first mobile computing device, between the disposable financial account and a first gift card from a first gift card issuer;
aggregating a balance of the disposable financial account with a current balance of the first gift card; and
operating a financial transaction, between the first mobile computing device and a first server of the first gift card issuer, on the balance of the first gift card via the first link to the disposable financial account on the first mobile computing device, the financial transaction occurring in response to a presentation of a representation of the first gift card on the first mobile computing device.

2. The computer system of claim 1 , the operations further comprising:
generating an updated balance of the disposable financial account based on combining the balance of the disposable financial account with a current balance of a second gift card from a second gift card issuer, the first card issuer different than the second gift card issuer; and
generating a second link, in the first mobile computing device, between the disposable financial account and the second gift card.

3. The computer system of claim 2 , the operations further comprising:
causing display, on the first mobile computing device, of the updated balance of the disposable financial account without a respective identification of the first gift card or the second gift card.

4. The computer system of claim 2 , the operations further comprising:
operating a financial transaction, between the first mobile computing device and a second server of the second gift card issuer, on the balance of the second gift card via the second link to the disposable financial account on the first mobile computing device, the financial transaction occurring in response to a presentation of a representation of the second gift card on the first mobile computing device.

5. The computer system of claim 4 , the operations further comprising:
upon detecting a current balance of the disposable financial account is below a threshold amount:
deleting the first and second links; and
deleting the disposable financial account.

6. The computer system of claim 4 , the operations further comprising:
sending a transfer request, from the first mobile computing device to the second server of the second gift card issuer, to transfer the second gift card from the first user account to a second user account associated with a second mobile computing device;
computing a current balance of the disposable financial account based on a current balance of the first gift card; and
removing the second link to the disposable financial account.

7. The computer system of claim 6 , the operations further comprising:
sending from the first mobile computing device a gift card image of the second gift card to the second mobile device.

8. The computer system of claim 6 , the operations further comprising:
receiving a gift card image of a third gift card from the second mobile computing device;
querying a third server of a third gift card issuer for a balance of the third gift card, the third gift card issuer different than the first and second gift card issuer;
generating a third link, in the first mobile computing device, between the disposable financial account and the third gift card; and
generating a new balance of the disposable financial account based on combining a current balance of the first gift card with a current balance of third gift card.

9. A method comprising:
generating a disposable financial account for a first user account associated with a first mobile computing device;
generating a first link, in the first mobile computing device, between the disposable financial account and a first gift card from a first gift card issuer;
aggregating a balance of the disposable financial account with a current balance of the first gift card; and
operating a financial transaction, between the first mobile computing device and a first server of the first gift card issuer, on the balance of the first gift card via the first link to the disposable financial account on the first mobile computing device, the financial transaction occurring in response to a presentation of a representation of the first gift card on the first mobile computing device.

10. The method of claim 9 , further comprising:
generating an updated balance of the disposable financial account based on combining the balance of the disposable financial account with a current balance of a second gift card from a second gift card issuer, the first card issuer different than the second gift card issuer; and
generating a second link, in the first mobile computing device, between the disposable financial account and the second gift card.

11. The method of claim 10 , further comprising:
causing display, on the first mobile computing device, of the updated balance of the disposable financial account without a respective identification of the first gift card or the second gift card.

12. The method of claim 10 , further comprising:
operating a financial transaction, between the first mobile computing device and a second server of the second gift card issuer, on the balance of the second gift card via the second link to the disposable financial account on the first mobile computing device, the financial transaction occurring in response to a presentation of a representation of the second gift card on the first mobile computing device.

13. The method of claim 12 , further comprising:
upon detecting a current balance of the disposable financial account is below a threshold amount:
deleting the first and second links; and
deleting the disposable financial account.

14. The method of claim 12 , further comprising:
sending a transfer request, from the first mobile computing device to the second server of the second gift card issuer, to transfer the second gift card from the first user account to a second user account associated with a second mobile computing device;
computing a current balance of the disposable financial account based on a current balance of the first gift card; and
removing the second link to the disposable financial account.

15. The method of claim 14 , further comprising:
sending from the first mobile computing device a gift card image of the second gift card to the second mobile device.

16. The method of claim 14 , further comprising:
receiving a gift card image of a third gift card from the second mobile computing device;
querying a third server of a third gift card issuer for a balance of the third gift card, the third gift card issuer different than the first and second gift card issuer;
generating a third link, in the first mobile computing device, between the disposable financial account and the third gift card; and
generating a new balance of the disposable financial account based on combining a current balance of the first gift card with a current balance of third gift card.

17. A non-transitory computer-readable storage medium storing a set of instructions that, when executed by one or more processors of a machine, causes the machine to perform operations, comprising:
generating a disposable financial account for a first user

Assignees

• Ebay Inc

Inventors

• Yankovich Steve
• Melcher Ryan
• Veres Robert Dean

Classifications

• G06Q20/3276

  using a pictured code, e.g. barcode or QR-code, being read by the M-device · CPC title

• G06Q20/28

  Pre-payment schemes, e.g. "pay before" · CPC title

• G06Q30/06 Primary

  Buying, selling or leasing transactions · CPC title

• G06Q20/36

  using electronic wallets or electronic money safes · CPC title

• G06Q40/04

  Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange · CPC title