Method and system for transferring telecommunication-time units among accounts and exchanging same for goods or services

Claim 1

A method for transferring the value associated with a pre-purchased amount of telecommunication time for redemption and uses other than making telephone calls, comprising the steps of: providing a computer system including a prepaid platform adapter for interfacing with a prepaid platform and a financial network adapter for interfacing with a financial network; providing unit minutes having a value associated with a purchased amount of telecommunication-time and convertible to telecommunication-time equivalents for uses other than making telephone calls; providing a database including account information associated with a subscriber and transaction processing protocol information associated with each of said prepaid platform adapter and said financial network adapter in communication with said computer system, said account information including a unique identification and an accumulated value of said unit minutes; providing a remote input server in communication with said computer system; providing a subscriber input device controlled by said subscriber to access said remote input server; accessing said computer system by said subscriber input device; inputting information associated with a destination account for transfer of said unit minutes; designating an amount of said unit minutes to be transferred to said destination account; prompting said subscriber to re-designate said amount of said unit minutes to be transferred if said designated amount of unit minutes is one of less than a pre-selected minimum transfer amount and greater than a pre-selected maximum transfer amount; determining if transfer of said unit minutes to said destination account crosses a currency boundary; if transfer of said unit minutes to said destination account crosses a currency boundary, calculating a first value of said unit minutes to be transferred in a first currency associated with said subscriber, calculating an equivalent second value of said first value in a second currency associated with said destination account, calculating said unit minutes associated with said second equivalent value, and debiting said unit minutes associated with said equivalent value from an account of said subscriber and crediting said equivalent value associated with said subscriber's account to said destination account; and if transfer of said unit minutes to said destination account does not cross a currency boundary, debiting said unit minutes from said subscriber's account and crediting said unit minutes to said destination account.

Claim 2

A method for transferring the value associated with a pre-purchased amount of telecommunication time for redemption and uses other than making telephone calls, comprising the steps of: providing a computer system including a prepaid platform adapter for interfacing with a prepaid platform and a financial network adapter for interfacing with a financial network; providing unit minutes having a value associated with a purchased amount of telecommunication-time and convertible to telecommunication-time equivalents for uses other than making telephone calls; providing a database including account information associated with a subscriber and transaction processing protocol information associated with each of said prepaid platform adapter and said financial network adapter in communication with said computer system, said account information including a unique identification and an accumulated value of said unit minutes; providing a remote input server in communication with said computer system; providing a subscriber input device controlled by said subscriber to access said remote input server; accessing said computer system by said subscriber input device; inputting information associated with a destination account for transfer of said unit minutes; designating an amount of said unit minutes to be transferred to said destination account; prompting said subscriber to re-designate said amount of said unit minutes to be transferred if said designated amount of unit minutes is one of less than a pre-selected minimum transfer amount and greater than a pre-selected maximum transfer amount; determining if transfer of said unit minutes to said destination account crosses a currency boundary; if transfer of said unit minutes to said destination account crosses a currency boundary, calculating a first value of said unit minutes to be transferred in a first currency associated with said subscriber, calculating an equivalent second value of said first value in a second currency associated with said destination account, calculating said unit minutes associated with said second equivalent value, and debiting said unit minutes associated with said equivalent value from an account of said subscriber and crediting said equivalent value associated with said subscriber's account to said destination account; and if transfer of said unit minutes to said destination account does not cross a currency boundary, debiting said unit minutes from said subscriber's account and crediting said unit minutes to said destination account.

Claim 7

A system for transferring the value associated with a pre-purchased amount of telecommunication time for redemption and uses other than making telephone calls, comprising: a computer system including a prepaid platform adapter for interfacing with a prepaid platform and a financial network adapter for interfacing with a financial network; unit minutes having a value associated with a purchased amount of telecommunication-time and convertible to telecommunication-time equivalents for uses other than making telephone calls; a database including account information associated with a subscriber and transaction processing protocol information associated with each of said prepaid platform adapter and said financial network adapter in communication with said computer system, said account information including a unique identification and an accumulated value of said unit minutes; a remote input server in communication with said computer system; a subscriber input device controlled by said subscriber to access said remote input server; means for accessing said computer system by said subscriber input device; input means for inputting information associated with a destination account for transfer of said unit minutes; means for designating an amount of said unit minutes to be transferred to said destination account; means for prompting said subscriber to re-designate said amount of said unit minutes to be transferred if said designated amount of unit minutes is one of less than a pre-selected minimum transfer amount and greater than a pre-selected maximum transfer amount; means for determining if transfer of said unit minutes to said destination account crosses a currency boundary; means for (i) calculating a first value of said unit minutes to be transferred in a first currency associated with said subscriber, (ii) calculating an equivalent second value of said first value in a second currency associated with said destination account, (iii) calculating said unit minutes associated with said second equivalent value, and (iv) debiting said unit minutes associated with said equivalent value from an account of said subscriber and crediting said equivalent Value associated with said subscriber's account to said destination account, if transfer of said unit minutes to said destination account crosses a currency boundary; and means for debiting said unit minutes from said subscriber's account and crediting said unit minutes to said destination account if transfer of said unit minutes to said destination account does not cross a currency boundary.

Claim 8

A system for transferring the value associated with a pre-purchased amount of telecommunication time for redemption and uses other than making telephone calls, comprising: a computer system including a prepaid platform adapter for interfacing with a prepaid platform and a financial network adapter for interfacing with a financial network; unit minutes having a value associated with a purchased amount of telecommunication-time and convertible to telecommunication-time equivalents for uses other than making telephone calls; a database including account information associated with a subscriber and transaction processing protocol information associated with each of said prepaid platform adapter and said financial network adapter in communication with said computer system, said account information including a unique identification and an accumulated value of said unit minutes; a remote input server in communication with said computer system; a subscriber input device controlled by said subscriber to access said remote input server; means for accessing said computer system by said subscriber input device; input means for inputting information associated with a destination account for transfer of said unit minutes; means for designating an amount of said unit minutes to be transferred to said destination account; means for prompting said subscriber to re-designate said amount of said unit minutes to be transferred if said designated amount of unit minutes is one of less than a pre-selected minimum transfer amount and greater than a pre-selected maximum transfer amount; means for determining if transfer of said unit minutes to said destination account crosses a currency boundary; means for (i) calculating a first value of said unit minutes to be transferred in a first currency associated with said subscriber, (ii) calculating an equivalent second value of said first value in a second currency associated with said destination account, (iii) calculating said unit minutes associated with said second equivalent value, and (iv) debiting said unit minutes associated with said equivalent value from an account of said subscriber and crediting said equivalent Value associated with said subscriber's account to said destination account, if transfer of said unit minutes to said destination account crosses a currency boundary; and means for debiting said unit minutes from said subscriber's account and crediting said unit minutes to said destination account if transfer of said unit minutes to said destination account does not cross a currency boundary.

Claim 13

A method for redeeming value associated with a pre-purchased amount of telecommunication time, comprising the steps of: providing a computer system including a prepaid platform adapter for interfacing with a prepaid platform and a financial network adapter for interfacing with a financial network; providing unit minutes having a value associated with a purchased amount of telecommunication-time and convertible to telecommunication-time equivalents for uses other than making telephone calls; providing a database including account information associated with a subscriber and transaction processing protocol information associated with each of said prepaid platform adapter and said financial network adapter in communication with said computer system, said account information including a unique identification and an accumulated value of said unit minutes; providing a remote input server in communication with said computer system; providing a subscriber input device controlled by said subscriber to access said remote input server; accessing said computer system by said subscriber input device; inputting information associated with a redemption account for transfer of said unit minutes; assigning a redemption password associated with said redemption account, and a transaction ID; designating an amount of said unit minutes to be transferred to said redemption account; prompting said subscriber to re-designate an amount of said unit minutes to be transferred to said redemption account if said designated amount of unit minutes is one of less than a pre-selected minimum amount and greater than a pre-selected maximum amount; transferring said unit minutes to said redemption account; submitting said transaction ID and said redemption password; verifying said transaction ID and said redemption password; and if said transaction ID and said redemption password are valid, debiting said unit minutes from said redemption account and transferring a monetary value associated with said unit minutes to a redeemer.

Claim 14

A method for redeeming value associated with a pre-purchased amount of telecommunication time, comprising the steps of: providing a computer system including a prepaid platform adapter for interfacing with a prepaid platform and a financial network adapter for interfacing with a financial network; providing unit minutes having a value associated with a purchased amount of telecommunication-time and convertible to telecommunication-time equivalents for uses other than making telephone calls; providing a database including account information associated with a subscriber and transaction processing protocol information associated with each of said prepaid platform adapter and said financial network adapter in communication with said computer system, said account information including a unique identification and an accumulated value of said unit minutes; providing a remote input server in communication with said computer system; providing a subscriber input device controlled by said subscriber to access said remote input server; accessing said computer system by said subscriber input device; inputting information associated with a redemption account for transfer of said unit minutes; assigning a redemption password associated with said redemption account, and a transaction ID; designating an amount of said unit minutes to be transferred to said redemption account; prompting said subscriber to re-designate an amount of said unit minutes to be transferred to said redemption account if said designated amount of unit minutes is one of less than a pre-selected minimum amount and greater than a pre-selected maximum amount; transferring said unit minutes to said redemption account; submitting said transaction ID and said redemption password; verifying said transaction ID and said redemption password; and if said transaction ID and said redemption password are valid, debiting said unit minutes from said redemption account and transferring a monetary value associated with said unit minutes to a redeemer.

Claim 19

A system for redeeming value associated with a pre-purchased amount of telecommunication time, comprising: a computer system including a prepaid platform adapter for interfacing with a prepaid platform and a financial network adapter for interfacing with a financial network; unit minutes having a value associated with a purchased amount of telecommunication-time and convertible to telecommunication-time equivalents for uses other than making telephone calls; a database including account information associated with a subscriber and transaction processing protocol information associated with each of said prepaid platform adapter and said financial network adapter in communication with said computer system, said account information including a unique identification and an accumulated value of said unit minutes; a remote input server in communication with said computer system; a subscriber input device controlled by said subscriber to access said remote input server; means for accessing said computer system by said subscriber input device; input means for inputting information associated with a redemption account for transfer of said unit minutes; means for assigning a redemption password associated with said redemption account, and a transaction ID; means for designating an amount of said unit minutes to be transferred to said redemption account; means for prompting said subscriber to redesignate an amount of said unit minutes to be transferred to said redemption account if said designated amount of unit minutes is one of less than a pre-selected minimum amount and greater than a pre-selected maximum amount; means for transferring said unit minutes to said redemption account; means for submitting said transaction ID and said redemption password; means for verifying said transaction ID and said redemption password; and means for debiting said unit minutes from said redemption account and transferring a monetary value associated with said unit minutes to a redeemer if said transaction ID and said redemption password are valid.

Claim 20

A system for redeeming value associated with a pre-purchased amount of telecommunication time, comprising: a computer system including a prepaid platform adapter for interfacing with a prepaid platform and a financial network adapter for interfacing with a financial network; unit minutes having a value associated with a purchased amount of telecommunication-time and convertible to telecommunication-time equivalents for uses other than making telephone calls; a database including account information associated with a subscriber and transaction processing protocol information associated with each of said prepaid platform adapter and said financial network adapter in communication with said computer system, said account information including a unique identification and an accumulated value of said unit minutes; a remote input server in communication with said computer system; a subscriber input device controlled by said subscriber to access said remote input server; means for accessing said computer system by said subscriber input device; input means for inputting information associated with a redemption account for transfer of said unit minutes; means for assigning a redemption password associated with said redemption account, and a transaction ID; means for designating an amount of said unit minutes to be transferred to said redemption account; means for prompting said subscriber to redesignate an amount of said unit minutes to be transferred to said redemption account if said designated amount of unit minutes is one of less than a pre-selected minimum amount and greater than a pre-selected maximum amount; means for transferring said unit minutes to said redemption account; means for submitting said transaction ID and said redemption password; means for verifying said transaction ID and said redemption password; and means for debiting said unit minutes from said redemption account and transferring a monetary value associated with said unit minutes to a redeemer if said transaction ID and said redemption password are valid.

Claim 25

A method for redeeming value associated with a pre-purchased amount of telecommunication time, comprising the steps of: providing a computer system including a prepaid platform adapter for interfacing with a prepaid platform and a financial network adapter for interfacing with a financial network; providing unit minutes having a value associated with a purchased amount of telecommunication-time and convertible to telecommunication-time equivalents for uses other than making telephone calls; providing a database including account information associated with a subscriber and transaction processing protocol information associated with each of said prepaid platform adapter and said financial network adapter in communication with said computer system, said account information including a unique identification and an accumulated value of said unit minutes; providing a remote input server in communication with said computer system; providing a subscriber input device controlled by said subscriber to access said remote input server; accessing said computer system by said subscriber input device; requesting withdrawal of a monetary equivalent of at least a portion of said accumulated value of unit minutes using said subscriber input device; routing said request for withdrawal to a financial institution associated with said financial network via said financial network; issuing said request to said computer system; determining if said account information associated with said subscriber indicates an amount of said unit minutes sufficient to satisfy said request for withdrawal; if said account information associated with said subscriber indicates an insufficient amount of said unit minutes to satisfy said request for withdrawal, communicating an insufficient funds message to said financial institution and terminating the transaction; if said account information associated with said subscriber indicates a sufficient amount of said unit minutes to satisfy said request for withdrawal, transferring said requested equivalent of said accumulated value of unit minutes to said financial institution, approving said transaction, and storing the transaction for subsequent settlement.

Claim 26

A method for redeeming value associated with a pre-purchased amount of telecommunication time, comprising the steps of: providing a computer system including a prepaid platform adapter for interfacing with a prepaid platform and a financial network adapter for interfacing with a financial network; providing unit minutes having a value associated with a purchased amount of telecommunication-time and convertible to telecommunication-time equivalents for uses other than making telephone calls; providing a database including account information associated with a subscriber and transaction processing protocol information associated with each of said prepaid platform adapter and said financial network adapter in communication with said computer system, said account information including a unique identification and an accumulated value of said unit minutes; providing a remote input server in communication with said computer system; providing a subscriber input device controlled by said subscriber to access said remote input server; accessing said computer system by said subscriber input device; requesting withdrawal of a monetary equivalent of at least a portion of said accumulated value of unit minutes using said subscriber input device; routing said request for withdrawal to a financial institution associated with said financial network via said financial network; issuing said request to said computer system; determining if said account information associated with said subscriber indicates an amount of said unit minutes sufficient to satisfy said request for withdrawal; if said account information associated with said subscriber indicates an insufficient amount of said unit minutes to satisfy said request for withdrawal, communicating an insufficient funds message to said financial institution and terminating the transaction; if said account information associated with said subscriber indicates a sufficient amount of said unit minutes to satisfy said request for withdrawal, transferring said requested equivalent of said accumulated value of unit minutes to said financial institution, approving said transaction, and storing the transaction for subsequent settlement.

Claim 31

A system for redeeming value associated with a pre-purchased amount of telecommunication time, comprising: a computer system including a prepaid platform adapter for interfacing with a prepaid platform and a financial network adapter for interfacing with a financial network; unit minutes having a value associated with a purchased amount of telecommunication-time and convertible to telecommunication-time equivalents for uses other than making telephone calls; a database including account information associated with a subscriber and transaction processing protocol information associated with each of said prepaid platform adapter and said financial network adapter in communication with said computer system, said account information including a unique identification and an accumulated value of said unit minutes; a remote input server in communication with said computer system; a subscriber input device controlled by said subscriber to access said remote input server; wherein a request made via said subscriber input device for withdrawal of a monetary equivalent of at least a portion of said accumulated value of unit minutes is routed to a financial institution associated with said financial network via said financial network, said request is issued to said computer system, and said requested equivalent of said accumulated value of unit minutes is transferred to said financial institution and the transaction is stored for subsequent settlement if said account information associated with said subscriber indicates a sufficient amount of said unit minutes to satisfy said request for withdrawal.

Claim 32

A system for redeeming value associated with a pre-purchased amount of telecommunication time, comprising: a computer system including a prepaid platform adapter for interfacing with a prepaid platform and a financial network adapter for interfacing with a financial network; unit minutes having a value associated with a purchased amount of telecommunication-time and convertible to telecommunication-time equivalents for uses other than making telephone calls; a database including account information associated with a subscriber and transaction processing protocol information associated with each of said prepaid platform adapter and said financial network adapter in communication with said computer system, said account information including a unique identification and an accumulated value of said unit minutes; a remote input server in communication with said computer system; a subscriber input device controlled by said subscriber to access said remote input server; wherein a request made via said subscriber input device for withdrawal of a monetary equivalent of at least a portion of said accumulated value of unit minutes is routed to a financial institution associated with said financial network via said financial network, said request is issued to said computer system, and said requested equivalent of said accumulated value of unit minutes is transferred to said financial institution and the transaction is stored for subsequent settlement if said account information associated with said subscriber indicates a sufficient amount of said unit minutes to satisfy said request for withdrawal.