System and method for using intelligent codes in conjunction with stored-value cards

Abstract

A system and method of transacting a prepaid product with an electronic mobile device that is used to electronically interface with a code, such as a QR code, bar code, RF signal or NFC signal, representing a prepaid product. The codes of multiple prepaid products of multiple prepaid product providers are grouped together on a single structure or in a single computer displayed in a shopping area. The electronic mobile device subsequently electronically interfaces with a point of sale device after electronically interfacing with said code to provide prepaid product information.

What is claimed is: 
     
         1 . A computer implemented method comprising:
 receiving, from a value token user, a request convert a representation of value into a value token, wherein the representation of value is associated with a specific purchasing activity, and wherein the representation of value comprises an intelligent code;   receiving an indication of the specific purchasing activity;   converting the representation of value into the value token; and   providing, to the value token user, the value token.   
     
     
         2 . The method of  claim 1 , wherein converting the representation of value into the value token comprises activating the value token. 
     
     
         3 . The method of  claim 1 , wherein providing, to the value token user, the value token comprises associating the value token with an electronic wallet. 
     
     
         4 . The method of  claim 1 , wherein the representation of value is a physical representation of value. 
     
     
         5 . The method of  claim 1 , wherein the representation of value is an electronic representation of value. 
     
     
         6 . The method of  claim 5 , wherein the representation of value is displayed on a device of the value token user. 
     
     
         7 . The method of  claim 1 , wherein the intelligent code comprises a barcode; a QR code; an arrangement of numerals, letters, symbols, images, and/or colors; an electromagnetic signal (e.g., near field communication (“NFC”), infrared, RFID); a mechanical wave (e.g., sound); or combinations thereof. 
     
     
         8 . The method of  claim 1 , wherein the intelligent code is unique to the value token. 
     
     
         9 . The method of  claim 1 , wherein the value token comprises points, miles, dollars, Google® cash or credits, Pay Pal® currency, or Facebook® electronic currency. 
     
     
         10 . The method of  claim 1 , wherein the representation of value comprises a loyalty card, a membership card, a ticket, an entertainment card, a sports card, a prepaid card, a coupon, an admission pass, or combinations thereof. 
     
     
         11 . The method of  claim 1 , wherein providing, to the value token user, the value token is subsequent to the specific purchasing activity. 
     
     
         12 . A system comprising computer devices configured to:
 receive, from a value token user, a request convert a representation of value into a value token, wherein the representation of value is associated with a specific purchasing activity, and wherein the representation of value comprises an intelligent code;   receive an indication of the specific purchasing activity;   convert the representation of value into the value token; and   provide, to the value token user, the value token.   
     
     
         13 . The system of  claim 12 , wherein the value token is activated to convert the representation of value into the value token. 
     
     
         14 . The system of  claim 12 , wherein provide, to the value token user, the value token comprises associating the value token with an electronic wallet. 
     
     
         15 . The system of  claim 12 , wherein the representation of value is a physical representation of value. 
     
     
         16 . The system of  claim 12 , wherein the representation of value is an electronic representation of value. 
     
     
         17 . The system of  claim 16 , wherein the representation of value is displayed on a device of the value token user. 
     
     
         18 . The system of  claim 12 , wherein the intelligent code comprises a barcode; a QR code; an arrangement of numerals, letters, symbols, images, and/or colors; an electromagnetic signal (e.g., near field communication (“NFC”), infrared, RFID); a mechanical wave (e.g., sound); or
 combinations thereof. 
 
     
     
         19 . The system of  claim 12 , wherein the intelligent code is unique to the value token. 
     
     
         20 . The system of  claim 12 , wherein the value token comprises points, miles, dollars, Google® cash or credits, Pay Pal® currency, or Facebook® electronic currency. 
     
     
         21 . The system of  claim 12 , wherein the representation of value comprises a loyalty card, a membership card, a ticket, an entertainment card, a sports card, a prepaid card, a coupon, an admission pass, or combinations thereof. 
     
     
         22 . The system of  claim 12 , wherein provide, to the value token user, the value token is subsequent to the specific purchasing activity.