Method for issuance of satellite credit and debit cards

摘要

The present invention relates to a method for a credit card holder to issue satellite debit cards out of his pre-established credit card, without the need for prior approval by his credit card company. The satellite card could be issued to himself or to any other party, and the information regarding this satellite card would be electronically transmitted to the recipient of the card. The recipient would then utilize this information to print out a unique Satellite Card, which can be accepted by merchants for purchases or for obtaining cash.