Tony L Keith

US Patent:

20050147225, Jul 7, 2005

Filed:

Jan 4, 2005

Appl. No.:

11/029829

Inventors:

John Mallick - Dallas TX, US
Joel Hall - Venice CA, US
Clay Andrews - Marina del Rey CA, US
Esther Martinez - Santa Monica CA, US
Tony Keith - Playa del Rey CA, US

International Classification:

H04M015/00

US Classification:

379114200, 379114190

Abstract:

A method for managing prepaid accounts. A prepaid account is established for an account holder who deposits funds into the account. A virtual account number is issued for the prepaid account. The virtual account number is compatible with a standardized credit transaction system. Use of the virtual account number is limited to transactions placed over the Internet and to transactions between the prepaid account and another prepaid account. A physical credit card for the prepaid account may also be issued to the account holder. Such a credit card has a card account number which is different than the virtual account number. The card account number is also compatible with the standardized credit transaction system. The card account number may also include use limitations.