Invention Grant
- Patent Title: Systems and methods for performing funds freeze and/or funds seizure with respect to prepaid payment cards
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Application No.: US14270471Application Date: 2014-05-06
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Publication No.: US09710810B2Publication Date: 2017-07-18
- Inventor: Patrick James Moran , Nancy Joann Vance , Michele Suzanne Herron , Thomas Edward Rafferty
- Applicant: Vantiv, LLC
- Applicant Address: US OH Symmes Township
- Assignee: Vantiv, LLC
- Current Assignee: Vantiv, LLC
- Current Assignee Address: US OH Symmes Township
- Agency: Bookoff McAndrews, PLLC
- Main IPC: G06Q20/28
- IPC: G06Q20/28 ; G06Q20/38 ; G06Q20/40 ; G06Q20/34 ; G06Q50/26

Abstract:
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.
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Information query