Charity funding method using an open-ended stored-value card

摘要

A method enabling a prepaid, open-ended stored-value charity card used as a fundraising vehicle providing dollar-based monetary funding to pre-selected charities is disclosed. The method uses an existing prepaid, open-ended, stored-value card that relies upon credit card technology, and can be redeemed at any merchant accepting credit card transactions. A prepaid, open-ended, stored-value card has a defined value that may be used in multiple transactions or until the value is depleted. The stored-value card is distributed to pre-selected charities either directly from a Charity Card Provider, or through an intermediate Reseller, and further distributed to a user. The charity receives funds by either distributing the charity card to a user at a premium in addition to the face value, obtaining the charity card at a discount to the face value, or by having merchant sponsorships.