System for packaging, processing, and activating a bundled greeting and gift card
View Patent ↗A greeting card stored-value card combinations and methods of forming said combinations are provided. In one embodiment, these combinations include a greeting card comprising means for affixing a stored-value card thereto. These combinations also include a stored-value card affixed to the greeting card. A single identifier, such as a Stock-Keeping Unit (SKU) or a Universal Product Code (UPC), is assigned to the bundle that uniquely identifies the bundled greeting card and stored-value card. The single identifier provides identification means allowing the stored-value card to be activated. A single capture of the single identifier enables the customer to both purchase the greeting card stored-value card combination product as well as to activate the store-value card.
1. A greeting card stored-value card combination product, comprising:
a greeting card;
a stored-value card;
a means for affixing the stored-value card to the greeting card;
a card identifier uniquely identifying the stored-value card, wherein, upon capture by a point of sale terminal, the card identifier provides a means for activating the stored-value card; and
a bundled identifier encoded on at least one of the greeting card and the stored-value card, wherein, upon capture by the point of sale terminal, the bundled identifier identifies the combination of the greeting card and the stored-value card, the greeting card, and the stored-value card for purchase of the combination product, and wherein the bundled identifier comprises information uniquely identifying a greeting card issuer and a stored-value card issuer.
2. The greeting card stored-value card combination product of claim 1 , wherein the bundled identifier comprises at least one of an optically readable insignia, a magnetically encoded strip, and a radio frequency identification tag.
3. The greeting card stored-value card combination product of claim 1 , wherein the stored-value card is activatable by a one-step process.
4. The greeting card stored-value card combination product of claim 1 , wherein the stored-value card is activatable by a two-step process.
5. A computer implemented method for processing a sale of the greeting card stored-value card combination product of claim 1 , the method being performed by a transaction routing service executed on a stored-value card transaction processing system, the method comprising:
receiving, by the transaction routing service of the stored-value card transaction processing system, an activation request from a point of sale terminal, wherein the activation request includes the card identifier from the greeting card stored-value card combination product captured at a point of sale terminal, wherein the card identifier uniquely identifies the stored-value card of the combination product for activation of the stored-value card;
determining, by the transaction routing service of the stored-value card transaction processing system, a card processing service corresponding to the card identifier;
transmitting, by the transaction routing service of the stored-value card transaction processing system, the activation request to the card processing service from the transaction routing service;
receiving, by the transaction routing service of the stored-value card transaction processing system, an activation response from the card processing service indicating the stored-value card is activated; and
transmitting, by the transaction routing service of the stored-value card transaction processing system, the activation response to the point of sale terminal.
6. The method of claim 5 , further comprising determining an amount of the purchase amount received from the sale of the greeting card stored-value card combination product to credit an account associated with the stored-value card issuer.
7. The method of claim 5 , further comprising determining an amount of the purchase amount received from the sale of the greeting card stored-value card combination product to credit to an account associated with a card transaction processor.
8. The method of claim 5 , further comprising determining an amount of the purchase amount received from the sale of the greeting card stored-value card combination product to credit to an account associated with a greeting card stored-value card combination product selling vendor.
9. The method of claim 5 , further comprising determining an amount of the purchase amount received from the sale of the greeting card stored-value card combination product to credit to an account associated with a greeting card stored-value card combination product greeting card manufacturer.
10. The method of claim 5 , further comprising reconciling accounts belonging to at least two of the stored-value card issuer, a card transaction processor, a greeting card stored-value card combination product selling vendor, and a greeting card stored-value card combination product greeting card manufacturer to reflect a proper allocation of the purchase amount received from the sale of the greeting card stored-value card combination product.
11. The method of claim 10 , further comprising initiating funds transfers to reflect the allocation.
12. The method of claim 5 , further comprising instructing a stored-value card processor to update a datastore to indicate that the stored-value card identified by the identifier has been activated.
13. The method of claim 5 , wherein the identifier is one of a stock-keeping unit, a universal product code, a European article number, a global trade item number, and an Australian product number.
14. A greeting card stored-value card combination product, comprising:
a greeting card;
a stored-value card;
and
an identifier encoded on at least one of the greeting card and the stored-value card;
wherein, upon capture by a point of sale terminal, the identifier identifies the combination product, the greeting card, and the stored-value card for purchase of the combination product;
wherein, upon capture by the point of sale terminal, the identifier uniquely identifies the stored-value card for activation of the stored-value card.
15. The combination product of claim 14 , wherein the stored-value card is associated with the greeting card by being affixed to the greeting card.
16. The combination product of claim 14 , wherein the stored-value card is associated with the greeting card by an optically scannable insignia on the greeting card.
17. The combination product of claim 16 , wherein the point of sale terminal is a merchant point of sale terminal.
18. The combination product of claim 14 , wherein the stored-value card is associated with the greeting card by use of a chip containing information sufficient to uniquely identify the stored-value card.