Method and system for reloading prepaid card

Abstract

System and methods for managing value products such as stored value cards are provided. A computer-implemented system comprising: a first value product, wherein a first value product package identifier requires that all of the first value product's digital funds be redeemed in a single transaction; a second value product; and a specially programmed computer server, the methods and system allowing a user to use a portion of the first value product's digital funds in a first transaction and a remainder of the first value product's digital funds in one or more subsequent transactions.

1 . A computer-implemented method for the secure management of digital funds comprising:
 establishing a user account in a database, for a user, via a computer-implemented server executing specific programming instructions to create the user account in an account database, wherein the user account is enabled by source code for the secure storage of value;   associating the user account with a unique user account identifier;   providing the user with an ability to associate a plurality of value products with the user account, wherein each of the plurality of value products are associated with digital funds;   
       providing the user with an ability to use a first portion of a first value product's digital funds in a plurality of transactions; and
 providing the user with an ability to use a second portion of the first value product's digital funds and a portion of one or more additional value product's digital funds in a single transaction, wherein the first portion of a first value product's digital funds and the second portion of a first value product's digital funds can be the same or different amounts. 
 
     
     
         2 . The method of  claim 1 , wherein associating the plurality of value products with the user account comprises receiving, from a point of sale device, a digital funds request, wherein the digital funds request comprises the unique user account identifier and a digital funds amount, and wherein receipt of request directs the computer implemented sever to create a virtual value product comprising the requested digital funds amount. 
     
     
         3 . The method of  claim 2 , wherein the computer implemented server associates the virtual value product with the user account. 
     
     
         4 . The method of  claim 1 , wherein associating a plurality of products with the user account comprises receiving a value product unique identifier, wherein receipt of the value product unique identifier directs the computer implemented sever to associate the value product identified by the value product unique identifier with the user account. 
     
     
         5 . The method of  claim 1 , wherein the unique identifier is present in a barcode, matrix code, magnetic strip, microchip, RFID tag, near field communication component, biometric component, or a combination thereof. 
     
     
         6 . The method of  claim 2 , wherein the unique identifier is present in a barcode, matrix code, magnetic strip, microchip, RFID tag, near field communication component, biometric component, or a combination thereof. 
     
     
         7 . The method of  claim 1  further comprising providing the user with an ability to use a second portion of the one or more additional value product's digital funds in the plurality of transactions. 
     
     
         8 . The method of  claim 1 , wherein the plurality of transactions comprise a combination of at least two of the following: (i) adding value to a first designated value product; (ii) adding value to a second designated value product; and (iii) paying a bill. 
     
     
         9 . The method of  claim 7 , wherein the plurality of transactions comprise a combination of at least two of the following: (i) adding value to a first designated value product; (ii) adding value to a second designated value product; and (iii) paying a bill. 
     
     
         10 . The method of  claim 1 , wherein the single transaction consists essentially of adding value to a first designated value product or paying a bill. 
     
     
         11 . The method of  claim 1  further comprising providing the user with the ability to schedule one or more specific transactions. 
     
     
         12 . The method of  claim 11  wherein the one or more specific transactions comprise adding value to a designated value product, paying a bill, or combinations thereof. 
     
     
         13 . The method of  claim 1  further comprising providing a third party with the ability to add a value product to the user account. 
     
     
         14 . A computer-Implemented system for the secure management of digital funds comprising:
 a first value product, wherein the first value product is associated with a first value product digital funds and a first value product package identifier, wherein the first value product package identifier, when interpreted in a redemption transaction, requires that all of the first value product digital funds be redeemed in a single transaction;   a second value product, wherein the second value product is associated with a second value product digital funds, wherein the second value product digital funds are redeemable in one or more transactions; and   a specially programmed computer server, wherein the computer server functions to establish a user account in a database, for a user, via executing specific programming instructions to create the user account in an account database, wherein the user account is enabled by source code for the secure storage of value, wherein the specially programmed computer server can associate the first value product and the second value product with the user account, and wherein the association of the first value product with the user account allows the user to use a portion of the first value product digital funds in a first transaction and a remainder of the first value product digital funds in one or more subsequent transactions.   
     
     
         15 . The computer-implemented system of  claim 14 , wherein the specially programmed computer server can transfer at least a portion of the first value product digital funds to the second value product. 
     
     
         16 . The computer-implemented system of  claim 14 , wherein the specially programmed computer server can transfer at least a portion of the first value product digital funds to a third party. 
     
     
         17 . The computer-implemented system of  claim 14 , wherein the user account is associated with a unique user account identifier, and wherein receipt of the unique user account identifier by the specially programmed computer server from a point of sale device can cause the specially programmed computer to create a virtual value product. 
     
     
         18 . The computer-implemented system of  claim 14 , wherein the specially programmed computer server can associate a plurality of first value products and a plurality of second value products with the user account. 
     
     
         19 . The computer-implemented system of  claim 14 , wherein the first value product digital funds can be transferred by the specially programmed computer server to satisfy a reload request, a bill pay request, or combinations thereof. 
     
     
         20 . A stored-value card comprising:
 activation information encoded in an activation identifier;   redemption information encoded in a redemption identifier; and   a redemption identifier concealer, wherein at least a portion of the activation identifier is located on the redemption identifier concealer.