US Patent Issued to Blackhawk Network on Aug. 5 for "Stored-value card management method and system" (Ohio, Pennsylvania Inventors)

ALEXANDRIA, Va., Aug. 6 -- United States Patent no. 12,380,428, issued on Aug. 5, was assigned to Blackhawk Network Inc. (Pleasanton, Calif.).

"Stored-value card management method and system" was invented by Thomas J. Sullivan (Poland, Ohio) and J. Simmons Graves (Pittsburgh).

According to the abstract* released by the U.S. Patent & Trademark Office: "A computerized system for activating, issuing and otherwise managing transactions and activities pertaining to stored-value cards over a communications network. A central information database is provided for storing stored-value cardholder and card purchaser information received directly from respective stored-value cardholders and card purchasers PCs through a universal central processor vi...