US 7,494,048 B2
System and method for brand name gift card exchange
Carl Phillip Gusler, Austin, Tex. (US); Rick Allen Hamilton, Charlottesville, Va. (US); Steven Jay Lipton, Flower Mound, Tex. (US); and Timothy Moffett Waters, Hiram, Ga. (US)
Assigned to International Business Machines Corporation, Armonk, N.Y. (US)
Filed on Apr. 08, 2004, as Appl. No. 10/821,134.
Prior Publication US 2005/0228717 A1, Oct. 13, 2005
Int. Cl. G07F 19/00 (2006.01)
U.S. Cl. 235—379 11 Claims
OG exemplary drawing
 
1. A method of exchanging a gift card, comprising:
providing data associated with a first gift card;
validating the data associated with the first gift card;
selecting either a money rebate associated with the first gift card, or a second gift card;
exchanging the first gift card for either a money rebate or the second gift card; and
charging a first service fee for issuing the second gift card.