SYSTEM AND METHOD FOR USING INTELLIGENT CODES IN CONJUNCTION WITH STORED-VALUE CARDS
A system and method of transacting a prepaid product with an electronic mobile device that is used to electronically interface with a code, such as a QR code, bar code, RF signal or NFC signal, representing a prepaid product. The codes of multiple prepaid products of multiple prepaid product providers are grouped together on a single structure or in a single computer displayed in a shopping area. The electronic mobile device subsequently electronically interfaces with a point of sale device after electronically interfacing with said code to provide prepaid product information.
1 . A computer implemented method comprising:
receiving, from a value token user, a request convert a representation of value into a value token, wherein the representation of value is associated with a specific purchasing activity, and wherein the representation of value comprises an intelligent code;
receiving an indication of the specific purchasing activity;
converting the representation of value into the value token; and
providing, to the value token user, the value token.
2 . The method of claim 1 , wherein converting the representation of value into the value token comprises activating the value token.
3 . The method of claim 1 , wherein providing, to the value token user, the value token comprises associating the value token with an electronic wallet.
4 . The method of claim 1 , wherein the representation of value is a physical representation of value.
5 . The method of claim 1 , wherein the representation of value is an electronic representation of value.
6 . The method of claim 5 , wherein the representation of value is displayed on a device of the value token user.
7 . The method of claim 1 , wherein the intelligent code comprises a barcode; a QR code; an arrangement of numerals, letters, symbols, images, and/or colors; an electromagnetic signal (e.g., near field communication (“NFC”), infrared, RFID); a mechanical wave (e.g., sound); or combinations thereof.
8 . The method of claim 1 , wherein the intelligent code is unique to the value token.
9 . The method of claim 1 , wherein the value token comprises points, miles, dollars, Google® cash or credits, Pay Pal® currency, or Facebook® electronic currency.
10 . The method of claim 1 , wherein the representation of value comprises a loyalty card, a membership card, a ticket, an entertainment card, a sports card, a prepaid card, a coupon, an admission pass, or combinations thereof.
11 . The method of claim 1 , wherein providing, to the value token user, the value token is subsequent to the specific purchasing activity.
12 . A system comprising computer devices configured to:
receive, from a value token user, a request convert a representation of value into a value token, wherein the representation of value is associated with a specific purchasing activity, and wherein the representation of value comprises an intelligent code;
receive an indication of the specific purchasing activity;
convert the representation of value into the value token; and
provide, to the value token user, the value token.
13 . The system of claim 12 , wherein the value token is activated to convert the representation of value into the value token.
14 . The system of claim 12 , wherein provide, to the value token user, the value token comprises associating the value token with an electronic wallet.
15 . The system of claim 12 , wherein the representation of value is a physical representation of value.
16 . The system of claim 12 , wherein the representation of value is an electronic representation of value.
17 . The system of claim 16 , wherein the representation of value is displayed on a device of the value token user.
18 . The system of claim 12 , wherein the intelligent code comprises a barcode; a QR code; an arrangement of numerals, letters, symbols, images, and/or colors; an electromagnetic signal (e.g., near field communication (“NFC”), infrared, RFID); a mechanical wave (e.g., sound); or combinations thereof.
19 . The system of claim 12 , wherein the intelligent code is unique to the value token.
20 . The system of claim 12 , wherein the value token comprises points, miles, dollars, Google® cash or credits, Pay Pal® currency, or Facebook® electronic currency.
21 . The system of claim 12 , wherein the representation of value comprises a loyalty card, a membership card, a ticket, an entertainment card, a sports card, a prepaid card, a coupon, an admission pass, or combinations thereof.
22 . The system of claim 12 , wherein provide, to the value token user, the value token is subsequent to the specific purchasing activity.