Systems and methods to manage and control use of a virtual card
View Patent ↗Systems and methods are provided for creating and using versions of a shared virtual card. In one example, a system for sharing stored value is provided. The system may include a virtual card manager configured to manage one or more shared virtual cards and a first computing device including a virtual card engine executable by a processor to manage the shared virtual card. The first computing device may be communicatively coupled to the virtual card manager via a network. In the example, stored value of the shared virtual card may be split between a first version and a second version. The first version may receive a first portion of the stored value and the second version may receive a second portion of the stored value; the first version available for use on the first computing device and the second version available for use on a second computing device.
1. A method for sharing a virtual card facilitated by a virtual card manager operating on a central processing computer in selective communication with a plurality of card service providers, the method comprising:
receiving an electronic communication at the virtual card manager from a first computing device comprising a request for sharing a virtual card provided by a specific card service provider, the specific card service provider being one of the plurality of card service providers;
creating at the virtual card manager a first version and a second version of the virtual card, wherein:
each of the first version and the second version have a different identification number and each is recognized as independent virtual cards;
the first version is associated with a first set of privileges, and the second version is associated with a second set of privileges; and
the first version and the second version are saved in a database communicatively connected to the virtual card manager, and wherein the specific card service provider is unaware of the first version and second version;
applying by the virtual card manager selected shared settings received from the first computing device and saved in the database to the first version and the second version;
delivering in a first electronic communication the first version from the virtual card manager to the first computing device;
delivering in a second electronic communication the second version from the virtual card manager to a second computing device; and
wherein use of the first and second versions are managed by the virtual card manager and not by the specific card service providers.
2. The method of claim 1 , further comprising:
receiving the first version at a virtual card engine of the first computing device; and
receiving the second version at a virtual card engine of the second computing device.
3. The method of claim 1 , further comprising: after creating, modifying card data in an associative card profile at the virtual card manager.
4. The method of claim 1 , further comprising: maintaining card data and stored value account for the shared virtual card at the card service provider.