Issuing a virtual value-bearing card associated with only non-personally identifying information from a kiosk
A system and method for issuing a virtual value-bearing card associated with only non-personally identifying information is disclosed. A remote internet enabled device, an input device, a network coupling, and a card dispenser communicate to convert physical or electronic currency, wherein the converted funds are immediately available to the user with a virtual value bearing card stored on an application hosted on an internet enabled device. The converted funds are simultaneously available on a physical card. The input device is configured to receive input to scan a code graphically provided by the internet enabled device. The code includes only non-personally identifiable information. The network coupling is configured to send the new account request to an acquirer processor and to receive an approval response from the acquirer processor. A virtual card initiator is operationally coupled to the network coupling, the virtual card initiator being configured to link the account number and the value of the received assets together with a request to generate the virtual value-bearing card, activate the card, load funds onto the card and to add the card to a remote internet enabled device, such as a smart phone. The virtual card includes only non-personally identifiable information. The non-personally identifiable information includes the account number.
1 . A system for issuing a virtual value-bearing card, the system comprising:
a kiosk, wherein the kiosk is configured to:
a) receive input from a user, the input including a code initiated by an application running on a remote internet enabled device, wherein the code enables an initiation of a transaction between the user and the kiosk, whereby the code does not identify the user;
b) receive assets and determine a value of the received assets;
c) review the code and the value of the received assets and generate a message requesting that a virtual value-bearing card be activated for an account associated with the code; and
d) send the message to a prepaid card acquirer and card processor in order to generate and activate the virtual value-bearing card during the transaction, load the received assets on the virtual value-bearing card during the transaction, generate a token during the transaction connecting the virtual value-bearing card and a physical value-bearing card with the account, and populate, during the transaction, the virtual value-bearing card onto the application running on the remote internet enabled device, wherein the virtual value-bearing card added to the remote device includes only information that does not identify the user, the information including an account number;
e) wherein the virtual value-bearing card is associated with a payment processing network and an issuing bank;
g) wherein the kiosk is configured to load, during the transaction, the received assets on the physical value-bearing card and to dispense, during the transaction, the physical value-bearing card, wherein the received assets are available on the physical value-bearing card and the virtual value-bearing card;
h) wherein each of the physical value-bearing card and the virtual value-bearing card are available during the transaction with the kiosk.
2 . The system of claim 1 , wherein the kiosk is configured to scan the code initiated by the remote internet enabled device prior to receiving assets.
3 . The system of claim 1 ,
wherein the received assets are simultaneously available on the virtual value-bearing card and the physical value-bearing card.
4 . The system of claim 1 , wherein the kiosk comprises a display screen configured to present selectable options to the user.
5 . The system of claim 4 , wherein the display screen includes a touch screen, which forms at least part of the input device.
6 . The system of claim 1 , wherein the virtual value-bearing card is a prepaid card.
7 . The system of claim 1 , wherein the account number is associated with an account at the issuing bank.
8 . The system of claim 6 , wherein the message includes a request to store the prepaid card in a virtual wallet in the application on the remote internet enabled device.
9 . The system of claim 1 , wherein the assets include at least one of the group consisting of currency, checks, and credit, debit and gift cards.
10 . The system of claim 1 ,
wherein the kiosk is configured to, in response to a user request, dispense the physical card connected to a same account as the virtual card.
11 . A system for exchanging cash to one or more digital forms, the system comprising:
a touch screen for accepting input from a customer;
a scanner for communicating with a mobile device of the customer;
a network interface for communicating with at least one financial service or
virtual payment provider; and
wherein the system is configured to exchange cash input by the customer to a digital form and load the digital form of the cash onto the mobile device of the customer;
wherein the system is configured to, using the scanner, scan or enter a code generated by an application running on the mobile device of the customer, the code being associated with an account, wherein the code enables an initiation of a transaction between a kiosk and the customer;
wherein the system is configured to, using the network interface, activate a virtual value-bearing card for the account during the transaction, generate a token during the transaction connecting the virtual value-bearing card and a physical value-bearing card with the account, and load the cash input from the customer on the virtual value-bearing card during the transaction;
wherein loading the digital form of the cash onto the mobile device of the customer comprises providing the virtual value-bearing card to the application;
wherein the virtual value-bearing card is associated with a payment processing network and an issuing bank;
wherein the touch screen, the scanner, and the network interface are housed within the kiosk;
wherein the kiosk is configured to load, during the transaction, the received assets on the physical value-bearing card and to dispense, during the transaction, the physical value-bearing card, wherein the received assets are available on the physical value-bearing card and the virtual value-bearing card;
wherein each of the physical value-bearing card and the virtual value-bearing card are available during the transaction with the kiosk.
12 . The system of claim 11 , wherein the system is further configured to exchange another cash input from another customer to another digital form and load the other digital form onto a card and dispense the card to the other customer.