PROVIDING A CREDIT CARD TO ANOTHER PERSON WHERE SAID PERSON DOES NOT HAVE POSSESSION OF SAID CARD

摘要

A system and method is disclosed involving acquiring a plurality of charge accounts. One of the plurality of charge accounts are gifted from a first party to a second party, where the first and the second party are different from one another, and the charge account does not have a physical card. The charge account is usable in the name of the second party at any merchant who is capable of seeking credit card authorization. The first party establishes an account and establishes an account parameter. The second party is informed of this account by e-mail which contains a greeting and directs the second party to perform a specified action to activate the account. The account is activated for usage by the second party according to the account parameter. Thereafter, the charge account is activated. The system has a database with at least one table and a processor, where the database is configured to, under the control of the processor, maintain account information.