Matthew J Martino

US Patent:

20100268645, Oct 21, 2010

Filed:

Apr 15, 2009

Appl. No.:

12/424089

Inventors:

Matthew J. Martino - Towson MD, US
Richard J. Jackman - Saint Johns FL, US

Assignee:

FIRST DATA CORPORATION - Greenwood Village CO

International Classification:

G06Q 40/00

US Classification:

705 44, 705 39

Abstract:

Embodiments of the invention may relate to systems and methods providing multiple account holder functionality for stored value accounts. In one embodiment, a method may include executing computer program instructions by one or more processors for receiving a request to create a secondary stored value account for a recipient; creating the secondary stored value account for the recipient; and establishing an association between a primary stored value account and the secondary stored value account. The method may further include establishing transaction rules associated with the secondary stored value account. The transaction rules can include funding rules limiting funding of the secondary stored value account to occur from the primary stored value account, and access rules preventing access to account information associated with the secondary stored value account by a primary account holder associated with the primary stored value account.