Credit card and debit card transaction processing services, namely facilitating credit card, debit card and electronic check transactions of and for others over the global communications network; establishing and managing payment processing systems for others using credit card, debit card, or other account-backed credit instruments to be used to purchase goods and services from others; establishing and maintaining a payment acceptance and payment processing systems for others under which an alternative currency is used in a closed-loop system in real time to acquire goods and services from others based on a participant's or third party's credit standing, derived from such person's credit card capacity, debit card capacity, or other verified account balance or balances; maintaining and servicing a closed loop payment network for facilitating electronic payments by others to others for goods or services; virtual gift cards offered for the purchase of goods and services from others over the global computer network.
Credit card and debit card transaction processing services, namely facilitating credit card, debit card and electronic check transactions of and for others over the global communications network; establishing and managing payment processing systems for others using credit card, debit card, or other account-backed credit instruments to be used to purchase goods and services from others; establishing and maintaining a payment acceptance and payment processing systems for others under which an alternative currency is used in a closed-loop system in real time to acquire goods and services from others based on a participant's or third party's credit standing, derived from such person's credit card capacity, debit card capacity, or other verified account balance or balances; maintaining and servicing a closed loop payment network for facilitating electronic payments by others to others for goods or services; virtual gift cards offered for the purchase of goods and services from others over the global computer network.