Embodiments of systems, computer program product, and related computer implemented methods to issue a closed-loop retail prepaid card including a user-designed external face using a chit, the chit being defined by an identification mechanism representing a financial commitment to issue a closed-loop retail prepaid card in an amount associated with a value paid for the chit, are provided. Embodiments of the present invention advantageously provide a service that enables a consumer to purchase, at the storefront of a retail establishment, a chit card that the consumer can subsequently redeem through a graphical user interface of an Internet website for a closed-loop retail prepaid card with a user-designed external face. The user-designed closed-loop retail prepaid card, for example, can be subsequently printed and delivered to an intended recipient. Advantageously, such a service can be made available to any retail establishment that uses a point-of-sale system.

A prepaid card allows for prepaying for access to a web site configured to provide for management of personal health care records. The prepaid card includes a first surface, a second surface opposite the first surface, a promotional code printed on the second surface, a scratch box on the second surface and overlaying the promotional code. The promotional code may be associated with a monetary value for the prepaid card on the web site configured to provide for management of personal health care records. A method for providing a service facilitating online management of personal health records includes receiving data from a prepaid card at a web server, activating a new user account for the online management of personal health records using the data from the prepaid card; and providing online access to the new user account.

Exemplary systems and methods for facilitating access to events based on associations between payment accounts and such access are disclosed. One exemplary method includes receiving, at a computing device, an access request for an event where the access request is associated with a consumer requesting access to the event, and searching, by the computing device, in a data structure for a payment account identified in the request. When the identified payment account is found, the method includes verifying, by the computing device, that the identified payment account is associated with the event. And, when association of the payment account and the event is verified, the method includes causing, by the computing device, an access output to be generated at the event, whereby the consumer is permitted access to the event, based on the access output, without separately presenting credentials.

Systems, mechanisms and processes are provided to allow law-enforcement officials, when encountering the potential use of prepaid payment cards in the furtherance of a crime or in relation to criminal activities, to (1) attempt to check the balances on such prepaid payment cards, including the ability to perform aggregate balance checks on a group of such prepaid cards, (2) attempt to freeze the funds on such prepaid payment cards, and/or (3) attempt to seize the funds on such prepaid payment cards.

A system is provided as a computer server platform and application programming software installed in primary devices of users for exchanging and trading digital asset securely and anonymously between two users of the system. The digital asset is registered under a device account of a primary device of a user with the system using a unique device account name. The system respects “privacy by design” in GDPR by using device account based-on anonymized data instead of personal account based-on personal data of prior art to ensure the system does not collect, store and process users' personal data in the course of device accounts' set-up and transactions of digital assets.

A system and method in accordance with example embodiments may provide a user-loadable stored value card. Additionally, a system and method in accordance with example embodiments may allow an institution to receive a user-loadable stored value card activation request from a sender, activate a user-loadable stored value card using the information received in the activation request, and provide card management capabilities to the sender.

A method for secure usage of a gift card via blockchain includes: storing a blockchain including a specific data value related to a gift card that includes a gift card number and a first recipient address; receiving a transfer request including the gift card number, a first digital signature, and a device identifier; verifying the first recipient address based on the first digital signature; generating a new data value comprising the gift card number, the device identifier, and a second recipient address; transmitting the generated new data value to a node associated with the blockchain; receiving a redemption request from a second computing system including the gift card number, a second digital signature, and a submitted device identifier; verifying the second recipient address and submit device identifier based on the second digital signature and the device identifier, respectively; and transmitting a result of the verification to the second computing system.

The invention concerns a process for carrying out transactions which includes issuing electronic tokens marked by a first unique identification code and a monetary value, assigning electronic tokens having a reference code associated with the consumer addressee stored inside to a consumer, and using electronic tokens to carry out transactions such as purchasing goods and/or services at merchants. At the end of each transaction, the consumer reference code is deleted from the tokens used in the transaction and a reference code of the merchant who received the tokens in the transaction is stored in the electronic tokens.

A system and method uses a cloud computing based mobile wallet application for deconstructing various elements of magnetic stripe data corresponding to a pre-paid gift card, storing such data elements in disparate secure storage devices on different networks to enhance security and reassembling the various elements to reconstruct the magnetic stripe data on demand at the time of processing a financial transaction.

A method may include: receiving a trusted list containing electronic contact credentials for a plurality of members of a group; sending one or more electronic messages to one or more members of the group using the electronic contact credentials for each such member of the group; receiving an account provisioning request, the account provisioning request associated with an electronic messaging address; authenticating the account provisioning request as being associated with a member of the group by determining that the electronic messaging address corresponds to one of the electronic contact credentials in the trusted list; and configuring a threshold for an account associated with the account provisioning request to allow a first threshold, the first threshold being a higher threshold than a second threshold which is in effect for an account that is not associated with one of the members of the group.