System for packaging, processing, activating, and deactivating multiple individual transaction cards as a singular unit
A transaction card processing and activation system comprising the identification of a unique identifier corresponding to an aggregate of transaction cards of affiliated or non-affiliated card issuers and the activation of each transaction card corresponding to the unique identifier of the aggregate irrespective of the number, types, or card issuers of the transaction cards. Additionally, the present invention allows a point of sale entity to initiate the activation of each of the multiple, disparate transaction cards in the aggregate by merely processing the unique identifier associated with the aggregate.
1. A package assembly for processing a plurality of transaction cards at a point of sale comprising:
at least two transaction cards, each with a unique account identifier associated with a unique account;
a package for securing the plurality of transaction cards, wherein the package comprises at least three distinct identifiers present and accessible on the package assembly, wherein the at least three distinct identifiers comprise a unique package identifier, a vendor product identification code identifier, and an identifier which is a combination of the unique package identifier and the vendor product identification code identifier, and wherein the unique package identifier and the combination of the unique package identifier and the vendor product identification code identifier are interpretable at the point of sale to activate the at least two transaction cards.
2. The package assembly of claim 1 , wherein the package further comprises transaction cards issued by a singular card issuer.
3. The package assembly of claim 1 , wherein the package further comprises transaction cards issued by a plurality of card issuers.
4. The package assembly of claim 1 , wherein the package further comprises transaction cards issued by affiliated issuers.
5. The package assembly of claim 1 , wherein the package further comprises transaction cards issued by non-affiliated issuers.
6. The package assembly of claim 1 , wherein the package further comprises an identifier that is interpretable by a point of sale component.
7. The package assembly of claim 1 , wherein the at least three distinct identifiers comprise bar codes, magnetic strips, series of numerals, series of letters, series of symbols, or combinations thereof.