Inventors:
Paul Prato - Newport Beach CA, US
Gayla Sajben - Laguna Niguel CA, US
June Chung - Brea CA, US
Erin Pedersen - Newport Beach CA, US
Dawn Winship - Costa Mesa CA, US
Assignee:
Impact Consulting & Management - Newport Beach CA
International Classification:
G06F017/60
Abstract:
A method enabling a prepaid, open-ended stored-value charity card used as a fundraising vehicle providing dollar-based monetary funding to pre-selected charities is disclosed. The method uses an existing prepaid, open-ended, stored-value card that relies upon credit card technology, and can be redeemed at any merchant accepting credit card transactions. A prepaid, open-ended, stored-value card has a defined value that may be used in multiple transactions or until the value is depleted. The stored-value card is distributed to pre-selected charities either directly from a Charity Card Provider, or through an intermediate Reseller, and further distributed to a user. The charity receives funds by either distributing the charity card to a user at a premium in addition to the face value, obtaining the charity card at a discount to the face value, or by having merchant sponsorships.