US20030204470A1 - Method, apparatus, and code for issuing a dual credit card - Google Patents
Method, apparatus, and code for issuing a dual credit card Download PDFInfo
- Publication number
- US20030204470A1 US20030204470A1 US10/423,527 US42352703A US2003204470A1 US 20030204470 A1 US20030204470 A1 US 20030204470A1 US 42352703 A US42352703 A US 42352703A US 2003204470 A1 US2003204470 A1 US 2003204470A1
- Authority
- US
- United States
- Prior art keywords
- merchant
- card
- credit card
- dual
- identifier
- Prior art date
- Legal status (The legal status is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the status listed.)
- Abandoned
Links
Images
Classifications
-
- G—PHYSICS
- G06—COMPUTING; CALCULATING OR COUNTING
- G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
- G06Q30/00—Commerce
- G06Q30/06—Buying, selling or leasing transactions
-
- G—PHYSICS
- G06—COMPUTING; CALCULATING OR COUNTING
- G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
- G06Q20/00—Payment architectures, schemes or protocols
- G06Q20/08—Payment architectures
- G06Q20/10—Payment architectures specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
-
- G—PHYSICS
- G06—COMPUTING; CALCULATING OR COUNTING
- G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
- G06Q20/00—Payment architectures, schemes or protocols
- G06Q20/30—Payment architectures, schemes or protocols characterised by the use of specific devices or networks
- G06Q20/34—Payment architectures, schemes or protocols characterised by the use of specific devices or networks using cards, e.g. integrated circuit [IC] cards or magnetic cards
- G06Q20/342—Cards defining paid or billed services or quantities
-
- G—PHYSICS
- G07—CHECKING-DEVICES
- G07F—COIN-FREED OR LIKE APPARATUS
- G07F7/00—Mechanisms actuated by objects other than coins to free or to actuate vending, hiring, coin or paper currency dispensing or refunding apparatus
- G07F7/02—Mechanisms actuated by objects other than coins to free or to actuate vending, hiring, coin or paper currency dispensing or refunding apparatus by keys or other credit registering devices
- G07F7/025—Mechanisms actuated by objects other than coins to free or to actuate vending, hiring, coin or paper currency dispensing or refunding apparatus by keys or other credit registering devices by means, e.g. cards, providing billing information at the time of purchase, e.g. identification of seller or purchaser, quantity of goods delivered or to be delivered
Definitions
- the invention is related to a credit card system, in particular to the implementation of a dual credit card system including the creation and usage of a dual credit card.
- the first type of card is a bankcard such as issued by a bank or other financial institution. Typical examples are a VISA®, MasterCard®, DISCOVER® or American Express Optima® cards. These cards allow purchase of goods and services and charges can be paid off monthly or have a portion paid monthly with remaining balance subject to interest. The user may pay an annual fee as well. There are usually different levels of these cards that range from a standard card, to a Gold Card or Platinum Card with different annual charges and different services. The credit provider sets a dollar limit depending upon the credit worthiness of the cardholder. The merchant pays an interchange fee based upon a percentage of the amount of the individual charge.
- the second type of card is a charge card such as the American Express® series of cards. These cards allow the user to charge purchases and services to the account. The customer is expected to pay the balance in full monthly. There is usually no interest charged. The limit on purchases is not usually geared to any set amount but based upon the users usage history. There is an annual fee paid by the cardholder and the merchant pays a fee similar to the interchange fee based on the level of purchase. The American Express fee paid by the merchant is usually higher than the typical bankcard interchange fee.
- the third type of card is the “private label” credit card.
- a private label credit card is issued by or on behalf of, a merchant such as Wal-Mart, Sears, or Brooks Brothers (some issued and serviced by the merchant, some issued and serviced by a financial institution).
- the financial transaction works very similar to a bankcard.
- the private label credit card's use is usually limited to the merchant issuing/sponsoring the credit card.
- the private label card user may pay the monthly charges or partially pay the balance and pay interest on the unpaid balance as with a bankcard.
- the merchant pays the financial institution a fee similar to the interchange fee of a bankcard. This fee is usually lower than the interchange fee with a bankcard.
- An advantage of the private label credit card is the availability of special promotional financing offers (such as “no interest for x months” promotions) and merchandise information from the issuer or associated merchant of the private label credit card.
- the primary advantage of the bankcard is the almost universal acceptance world wide of a VISA® card, MasterCard®, or DISCOVER® card. These cards also typically have lower interest rates.
- the merchants prefer that their customers use their private label credit card so that the merchant can use the monthly mailings as a vehicle of developing customer loyalty through special offers and other merchandising efforts.
- the merchants also prefer not to pay the higher interchange fees associated with generally available bankcards or the American Express card.
- the merchants also like the idea of a dedicated credit line for use in their retail store. However, many customers are reluctant to carry any more plastic in their wallets than absolutely necessary.
- the dual credit card system is in two parts: a) the creation of a dual credit card and b) the usage of a dual credit card.
- the creation begins with the receipt of an application by the merchant for a dual credit card.
- the issuing organization determines the interest rate and the credit line and issues the dual credit card to applicant. This is a combined private label and bankcard product with one interest rate and one credit line. That credit line will have a portion which is available only at the merchant's location. The issuer will determine that single credit line and the interest rate.
- the user may make a purchase with the dual credit card at either a private label merchant location or at a location accepting the bankcard.
- Either location may be an Internet site or a physical location.
- a location includes physical locations as well as an Internet sites.
- the private-label channel interchange fee is paid as part of this process.
- the private label back office operation processes the merchant location purchase as a private label purchase and then feeds the transaction to the bankcard issuer or subsequent processor. The transaction is then incorporated into the bankcard balance and statement.
- the purchase may be processed through the VISA/MasterCard network.
- the network interchange fee is paid as part of this process.
- the cooperating bankcard back office operation process the non-merchant purchase as a bankcard purchase.
- a key element of this dual card process is the use of a bankcard facility for both bankcard purchases and private label services.
- cardholder statements may include merchant promotion material as well as normal operational customer service matters for both the merchant channel as well as the bankcard channel.
- the customer service functions may include normal customer service matters as well as collections and settlement issues.
- FIG. 1 illustrates the flow diagram of a dual credit card acquisition
- FIG. 2 illustrates the flow diagram of dual credit card usage.
- FIG. 1 illustrates the flow diagram of a customer's acquisition of a dual credit card 10 .
- a prospective credit card customer applies for the dual credit card 12 at a merchant issuing/sponsoring a private label credit card.
- the dual card will be a bankcard branded with the merchant's name and will appear like a bankcard such as (VISA®, MasterCard®, DISCOVER® or other “general purpose” credit cards).
- the applicant provides personal, credit and employment information to the dual credit card issuer. Based upon the information supplied, the financial institution issuing the bankcard assigns a credit limit and/or an interest rate 14 and issues the credit card 16 to the applicant.
- a key element is that the dual credit card issuer is a cooperating financial institution that is issuing the dual credit card as a bankcard for non-merchant sales and a private label credit card for in-merchant sales.
- FIG. 2 illustrates the flow diagram of the consumer use of the dual credit card 20 .
- the user goes to the private label merchant physical location, catalog or Internet site to purchase goods or services and uses the dual credit card for payment 22 .
- the merchant uses an in-store reader to communicate the card number, the merchant number and the level of purchase to the private label processing operation 24 .
- the merchant credit card system is able to determine from the BIN number, a part of the credit card account number, that the purchase using the dual credit card should be processed though the private label system rather than the VISA/MC network. If the system detects a non-merchant bankcard, the purchase will be processed through the VISA/MC network.
- the purchase using the dual credit card is within the card users credit limit, the purchase is processed through the private label processing operation 24 including paying a private label interchange fee.
- the private label purchase is paid to the merchant, less the discount fee 26 and 28 by the private label processing operation 24 .
- the private label purchase charge is sent on to a cooperating bankcard back office operation 36 for further processing including cardholder statements and normal customer service, collections and settlement matters.
- the cardholder statements 40 are sent to the cardholder on a monthly basis.
- FIG. 2 also illustrates the flow diagram of the consumer use of the dual credit card as a bankcard.
- the user goes to a non-private label merchant to purchase goods or services and uses the dual credit card for payment 30 .
- the bankcard merchant uses an in-store reader to communicate the card number, the merchant number and the level of purchase to the bankcard network, such as VISA/MC 36 .
- the bankcard merchant credit card system is able to determine that the purchase using the dual credit card should be processed though the VISA/MC network.
- the purchase using the dual credit card is within the card users bankcard credit limit, the purchase is processed through the bankcard network, such as VISA/MC network including paying a network interchange fee 34 .
- the bankcard purchase is paid to the non-private label merchant 32 less the interchange fee 34 by the bankcard network 36 .
- the bankcard purchase charge is sent on to a cooperating bankcard back office operation 38 for further processing including cardholder statements and normal customer service, collections and settlement matters.
- the cardholder statements 40 are sent to the cardholder on a monthly basis.
- the advantages of such a dual credit card system for the private label merchant is that the customers have one card that can be used in two ways.
- One way as a private label credit card that provides the private label credit card merchant with a means to provide marketing information to his customers and to ensure that a portion of the credit line is protected for in store purchases.
- the second way is the use of a recognized brand name card with a potential for lower credit card interchange than a standard bankcard or charge card.
- the promotional capabilities of a dual credit card are useful to both the merchant and the consumer.
- the user of the dual credit card has the advantages of both a nationally recognized bankcard and a private label card.
- a recognized disadvantage of bankcards and charge cards is that, a consumer using such cards is not recognized by the merchant as a customer of that merchant. Many such customers enjoy getting catalogs and other mailing information from the merchants that they purchase from on a regular basis.
- Another advantage of the dual credit card is that the consumer has one less credit card to carry and/or keep track of.
- the present invention can be embodied in the form of computer-implemented processes and apparatuses for practicing those processes.
- the present invention can also be embodied in the form of computer program code containing instructions, embodied in tangible media, such as floppy diskettes, CD-ROMs, hard drives, or any other computer-readable storage medium, wherein, when the computer program code is loaded into and executed by a computer, the computer becomes an apparatus for practicing the invention.
- the present invention can also be embodied in the form of a computer program code, for example, whether stored in a storage medium, loaded into and/or executed by a computer, or transmitted over some transmission medium, such as over electrical wiring or cabling, through fiber optics, or via electromagnetic radiation, wherein, when the computer program code is loaded into and executed by a computer, the computer becomes an apparatus for practicing the invention.
- the computer program code segments configure the microprocessor to create specific logic circuits. At each step of the process there is the involvement of a plurality of computers and a computer systems.
Abstract
Description
- This application is a continuation of, and claims priority to, U.S. patent application Ser. No. 09/593,199 entitled “Method for a Dual Credit Card System” and filed Jun. 14, 2000, which is based on, and claims priority to, U.S. provisional Patent Application Serial No. 60/202,980, entitled “Method for a Dual Credit Card System” and filed May 10, 2000, the contents of both of which are herein incorporated by reference for all purposes.
- The invention is related to a credit card system, in particular to the implementation of a dual credit card system including the creation and usage of a dual credit card.
- There are three types of consumer credit cards generally available to the public. The first type of card is a bankcard such as issued by a bank or other financial institution. Typical examples are a VISA®, MasterCard®, DISCOVER® or American Express Optima® cards. These cards allow purchase of goods and services and charges can be paid off monthly or have a portion paid monthly with remaining balance subject to interest. The user may pay an annual fee as well. There are usually different levels of these cards that range from a standard card, to a Gold Card or Platinum Card with different annual charges and different services. The credit provider sets a dollar limit depending upon the credit worthiness of the cardholder. The merchant pays an interchange fee based upon a percentage of the amount of the individual charge.
- The second type of card is a charge card such as the American Express® series of cards. These cards allow the user to charge purchases and services to the account. The customer is expected to pay the balance in full monthly. There is usually no interest charged. The limit on purchases is not usually geared to any set amount but based upon the users usage history. There is an annual fee paid by the cardholder and the merchant pays a fee similar to the interchange fee based on the level of purchase. The American Express fee paid by the merchant is usually higher than the typical bankcard interchange fee.
- The third type of card is the “private label” credit card. A private label credit card is issued by or on behalf of, a merchant such as Wal-Mart, Sears, or Brooks Brothers (some issued and serviced by the merchant, some issued and serviced by a financial institution). The financial transaction works very similar to a bankcard. The private label credit card's use is usually limited to the merchant issuing/sponsoring the credit card. The private label card user may pay the monthly charges or partially pay the balance and pay interest on the unpaid balance as with a bankcard. The merchant pays the financial institution a fee similar to the interchange fee of a bankcard. This fee is usually lower than the interchange fee with a bankcard. There are some retailers who issue and service their own private label card. Then there are companies like GE Capital who issue cards that are private labeled in the name of a retailer.
- Consumers like the convenience of credit cards and like to take advantage of the services available from the various credit card services. However they find themselves having too many credit cards. An advantage of the private label credit card is the availability of special promotional financing offers (such as “no interest for x months” promotions) and merchandise information from the issuer or associated merchant of the private label credit card. The primary advantage of the bankcard is the almost universal acceptance world wide of a VISA® card, MasterCard®, or DISCOVER® card. These cards also typically have lower interest rates.
- The merchants prefer that their customers use their private label credit card so that the merchant can use the monthly mailings as a vehicle of developing customer loyalty through special offers and other merchandising efforts. The merchants also prefer not to pay the higher interchange fees associated with generally available bankcards or the American Express card. The merchants also like the idea of a dedicated credit line for use in their retail store. However, many customers are reluctant to carry any more plastic in their wallets than absolutely necessary.
- Therefore there is a need for a “dual credit card” that provides the merchant and consumers of the bankcard and the private label credit card.
- The dual credit card system is in two parts: a) the creation of a dual credit card and b) the usage of a dual credit card. The creation begins with the receipt of an application by the merchant for a dual credit card. The issuing organization determines the interest rate and the credit line and issues the dual credit card to applicant. This is a combined private label and bankcard product with one interest rate and one credit line. That credit line will have a portion which is available only at the merchant's location. The issuer will determine that single credit line and the interest rate.
- The user may make a purchase with the dual credit card at either a private label merchant location or at a location accepting the bankcard. Either location may be an Internet site or a physical location. For the purposes of this application a location includes physical locations as well as an Internet sites. When a purchase is made at a merchant location, the processing of the merchant location dual credit card purchase is done via a private-label processing channel. The private-label channel interchange fee is paid as part of this process. The private label back office operation processes the merchant location purchase as a private label purchase and then feeds the transaction to the bankcard issuer or subsequent processor. The transaction is then incorporated into the bankcard balance and statement.
- If the user uses the dual credit card at a non-merchant location, the purchase may be processed through the VISA/MasterCard network. The network interchange fee is paid as part of this process. The cooperating bankcard back office operation process the non-merchant purchase as a bankcard purchase. A key element of this dual card process is the use of a bankcard facility for both bankcard purchases and private label services.
- Since the bankcard back office operation is processing both private-label purchases and bankcard purchases for the dual card user, cardholder statements may include merchant promotion material as well as normal operational customer service matters for both the merchant channel as well as the bankcard channel. The customer service functions may include normal customer service matters as well as collections and settlement issues.
- These and other features and advantages of the present invention will be apparent from the following brief description of the drawings, detailed description, and appended claims and drawings.
- The invention will be further described in connection with the accompanying drawings, which are meant to be exemplary, not limiting, and wherein:
- FIG. 1 illustrates the flow diagram of a dual credit card acquisition; and
- FIG. 2 illustrates the flow diagram of dual credit card usage.
- FIG. 1 illustrates the flow diagram of a customer's acquisition of a
dual credit card 10. A prospective credit card customer applies for thedual credit card 12 at a merchant issuing/sponsoring a private label credit card. The dual card will be a bankcard branded with the merchant's name and will appear like a bankcard such as (VISA®, MasterCard®, DISCOVER® or other “general purpose” credit cards). The applicant provides personal, credit and employment information to the dual credit card issuer. Based upon the information supplied, the financial institution issuing the bankcard assigns a credit limit and/or aninterest rate 14 and issues thecredit card 16 to the applicant. A key element is that the dual credit card issuer is a cooperating financial institution that is issuing the dual credit card as a bankcard for non-merchant sales and a private label credit card for in-merchant sales. - FIG. 2 illustrates the flow diagram of the consumer use of the
dual credit card 20. The user goes to the private label merchant physical location, catalog or Internet site to purchase goods or services and uses the dual credit card forpayment 22. The merchant uses an in-store reader to communicate the card number, the merchant number and the level of purchase to the privatelabel processing operation 24. The merchant credit card system is able to determine from the BIN number, a part of the credit card account number, that the purchase using the dual credit card should be processed though the private label system rather than the VISA/MC network. If the system detects a non-merchant bankcard, the purchase will be processed through the VISA/MC network. - If the purchase using the dual credit card is within the card users credit limit, the purchase is processed through the private
label processing operation 24 including paying a private label interchange fee. The private label purchase is paid to the merchant, less thediscount fee label processing operation 24. - The private label purchase charge is sent on to a cooperating bankcard back
office operation 36 for further processing including cardholder statements and normal customer service, collections and settlement matters. Thecardholder statements 40 are sent to the cardholder on a monthly basis. - FIG. 2 also illustrates the flow diagram of the consumer use of the dual credit card as a bankcard. The user goes to a non-private label merchant to purchase goods or services and uses the dual credit card for
payment 30. The bankcard merchant uses an in-store reader to communicate the card number, the merchant number and the level of purchase to the bankcard network, such as VISA/MC 36. The bankcard merchant credit card system is able to determine that the purchase using the dual credit card should be processed though the VISA/MC network. - If the purchase using the dual credit card is within the card users bankcard credit limit, the purchase is processed through the bankcard network, such as VISA/MC network including paying a
network interchange fee 34. The bankcard purchase is paid to the non-private label merchant 32 less theinterchange fee 34 by thebankcard network 36. - The bankcard purchase charge is sent on to a cooperating bankcard back
office operation 38 for further processing including cardholder statements and normal customer service, collections and settlement matters. Thecardholder statements 40 are sent to the cardholder on a monthly basis. - The advantages of such a dual credit card system for the private label merchant is that the customers have one card that can be used in two ways. One way as a private label credit card that provides the private label credit card merchant with a means to provide marketing information to his customers and to ensure that a portion of the credit line is protected for in store purchases. The second way is the use of a recognized brand name card with a potential for lower credit card interchange than a standard bankcard or charge card. The promotional capabilities of a dual credit card are useful to both the merchant and the consumer.
- The user of the dual credit card has the advantages of both a nationally recognized bankcard and a private label card. A recognized disadvantage of bankcards and charge cards is that, a consumer using such cards is not recognized by the merchant as a customer of that merchant. Many such customers enjoy getting catalogs and other mailing information from the merchants that they purchase from on a regular basis. Another advantage of the dual credit card is that the consumer has one less credit card to carry and/or keep track of.
- The present invention can be embodied in the form of computer-implemented processes and apparatuses for practicing those processes. The present invention can also be embodied in the form of computer program code containing instructions, embodied in tangible media, such as floppy diskettes, CD-ROMs, hard drives, or any other computer-readable storage medium, wherein, when the computer program code is loaded into and executed by a computer, the computer becomes an apparatus for practicing the invention. The present invention can also be embodied in the form of a computer program code, for example, whether stored in a storage medium, loaded into and/or executed by a computer, or transmitted over some transmission medium, such as over electrical wiring or cabling, through fiber optics, or via electromagnetic radiation, wherein, when the computer program code is loaded into and executed by a computer, the computer becomes an apparatus for practicing the invention. When the implementation on a general-purpose microprocessor, the computer program code segments configure the microprocessor to create specific logic circuits. At each step of the process there is the involvement of a plurality of computers and a computer systems.
- While the invention has been described with reference to preferred embodiments, it will be understood by those skilled in the art that various changes may be made and equivalents may be substituted for elements thereof without departing from the scope of the invention. In addition, many modifications may be made to adapt a particular situation or material to the teachings of the invention without departing from the essential scope thereof. Therefore, it is intended that the invention not be limited to the particular embodiments disclosed as the best mode contemplated for this invention, but that the invention will include all embodiments falling within the scope of the appended claims.
Claims (25)
Priority Applications (1)
Application Number | Priority Date | Filing Date | Title |
---|---|---|---|
US10/423,527 US20030204470A1 (en) | 2000-05-10 | 2003-04-25 | Method, apparatus, and code for issuing a dual credit card |
Applications Claiming Priority (3)
Application Number | Priority Date | Filing Date | Title |
---|---|---|---|
US20298000P | 2000-05-10 | 2000-05-10 | |
US09/593,199 US6915277B1 (en) | 2000-05-10 | 2000-06-14 | Method for dual credit card system |
US10/423,527 US20030204470A1 (en) | 2000-05-10 | 2003-04-25 | Method, apparatus, and code for issuing a dual credit card |
Related Parent Applications (1)
Application Number | Title | Priority Date | Filing Date |
---|---|---|---|
US09/593,199 Continuation US6915277B1 (en) | 2000-05-10 | 2000-06-14 | Method for dual credit card system |
Publications (1)
Publication Number | Publication Date |
---|---|
US20030204470A1 true US20030204470A1 (en) | 2003-10-30 |
Family
ID=29254129
Family Applications (3)
Application Number | Title | Priority Date | Filing Date |
---|---|---|---|
US09/593,199 Expired - Lifetime US6915277B1 (en) | 2000-05-10 | 2000-06-14 | Method for dual credit card system |
US10/423,527 Abandoned US20030204470A1 (en) | 2000-05-10 | 2003-04-25 | Method, apparatus, and code for issuing a dual credit card |
US10/656,798 Expired - Lifetime US7774274B2 (en) | 2000-05-10 | 2003-09-05 | Payment card processing system and methods |
Family Applications Before (1)
Application Number | Title | Priority Date | Filing Date |
---|---|---|---|
US09/593,199 Expired - Lifetime US6915277B1 (en) | 2000-05-10 | 2000-06-14 | Method for dual credit card system |
Family Applications After (1)
Application Number | Title | Priority Date | Filing Date |
---|---|---|---|
US10/656,798 Expired - Lifetime US7774274B2 (en) | 2000-05-10 | 2003-09-05 | Payment card processing system and methods |
Country Status (1)
Country | Link |
---|---|
US (3) | US6915277B1 (en) |
Cited By (13)
Publication number | Priority date | Publication date | Assignee | Title |
---|---|---|---|---|
US20010051917A1 (en) * | 1998-08-26 | 2001-12-13 | American Management Systems, Inc. | System integrating credit card transactions into a financial management system |
US20020156723A1 (en) * | 2001-02-12 | 2002-10-24 | Lilly Joseph D. | System and method for providing extra lines of credit |
US20030033231A1 (en) * | 2001-08-09 | 2003-02-13 | Jonathan Turner | System and methods for providing financial account information over a network |
US20040117300A1 (en) * | 2000-05-10 | 2004-06-17 | Peter Jones | Payment card processing system and methods |
WO2005033997A1 (en) * | 2003-09-05 | 2005-04-14 | General Electric Capital Corporation | Payment card processing system and methods |
WO2006110431A2 (en) * | 2005-04-11 | 2006-10-19 | Bill Me Later Inc. | Method of extending credit to at least one consumer and method of processing a transaction between a consumer and a merchant |
US20090254462A1 (en) * | 2008-04-04 | 2009-10-08 | Brad Michael Tomchek | Methods and systems for managing co-brand proprietary financial transaction processing |
US20090254463A1 (en) * | 2008-04-04 | 2009-10-08 | Brad Michael Tomchek | Methods and systems for managing merchant screening |
US20110153433A1 (en) * | 2000-08-05 | 2011-06-23 | Ronald John Rosenberger | Promotion Method |
US8504421B2 (en) | 2000-08-05 | 2013-08-06 | Ronald John Rosenberger | Method using a social network or website to enable an individual to promote an advertiser's advertising to the individual's personal contacts |
US8960540B2 (en) * | 2011-05-23 | 2015-02-24 | Mastercard International Incorporated | Methods and systems for merchant selection of network routing |
US20150186873A1 (en) * | 2007-06-22 | 2015-07-02 | Blackhawk Network, Inc. | Client Customized Virtual or Physical Card for Use with Selected Merchants |
US10580072B2 (en) * | 2000-09-11 | 2020-03-03 | Capital One Services, Llc | System and method for providing a credit card with multiple credit lines |
Families Citing this family (128)
Publication number | Priority date | Publication date | Assignee | Title |
---|---|---|---|---|
US7889052B2 (en) | 2001-07-10 | 2011-02-15 | Xatra Fund Mx, Llc | Authorizing payment subsequent to RF transactions |
US7239226B2 (en) | 2001-07-10 | 2007-07-03 | American Express Travel Related Services Company, Inc. | System and method for payment using radio frequency identification in contact and contactless transactions |
US7172112B2 (en) | 2000-01-21 | 2007-02-06 | American Express Travel Related Services Company, Inc. | Public/private dual card system and method |
US7627531B2 (en) | 2000-03-07 | 2009-12-01 | American Express Travel Related Services Company, Inc. | System for facilitating a transaction |
US20020083012A1 (en) * | 2000-11-16 | 2002-06-27 | Steve Bush | Method and system for account management |
US7295999B1 (en) | 2000-12-20 | 2007-11-13 | Jpmorgan Chase Bank, N.A. | System and method for determining eligibility and enrolling members in various programs |
US7895098B2 (en) | 2001-03-01 | 2011-02-22 | Jpmorgan Chase Bank, N.A. | System and method for measuring and utilizing pooling analytics |
US7401045B2 (en) * | 2001-03-05 | 2008-07-15 | Capital One Financial Corporation | Method for administering a credit card with a finance charge waiver period |
US7752134B2 (en) * | 2001-03-20 | 2010-07-06 | United Parcel Service Of America, Inc. | Hybrid credit card transaction system |
US7778920B2 (en) * | 2001-03-20 | 2010-08-17 | American Express Travel Related Services Company, Inc. | Method and apparatus for providing pre-existing and prospective customers with an immediately accessible account |
US7650314B1 (en) | 2001-05-25 | 2010-01-19 | American Express Travel Related Services Company, Inc. | System and method for securing a recurrent billing transaction |
US7899742B2 (en) * | 2001-05-29 | 2011-03-01 | American Express Travel Related Services Company, Inc. | System and method for facilitating a subsidiary card account |
US7249112B2 (en) * | 2002-07-09 | 2007-07-24 | American Express Travel Related Services Company, Inc. | System and method for assigning a funding source for a radio frequency identification device |
US9454752B2 (en) | 2001-07-10 | 2016-09-27 | Chartoleaux Kg Limited Liability Company | Reload protocol at a transaction processing entity |
US9031880B2 (en) | 2001-07-10 | 2015-05-12 | Iii Holdings 1, Llc | Systems and methods for non-traditional payment using biometric data |
US8001054B1 (en) | 2001-07-10 | 2011-08-16 | American Express Travel Related Services Company, Inc. | System and method for generating an unpredictable number using a seeded algorithm |
US9024719B1 (en) | 2001-07-10 | 2015-05-05 | Xatra Fund Mx, Llc | RF transaction system and method for storing user personal data |
US7735725B1 (en) | 2001-07-10 | 2010-06-15 | Fred Bishop | Processing an RF transaction using a routing number |
US7303120B2 (en) | 2001-07-10 | 2007-12-04 | American Express Travel Related Services Company, Inc. | System for biometric security using a FOB |
US7746215B1 (en) | 2001-07-10 | 2010-06-29 | Fred Bishop | RF transactions using a wireless reader grid |
US8548927B2 (en) | 2001-07-10 | 2013-10-01 | Xatra Fund Mx, Llc | Biometric registration for facilitating an RF transaction |
US7668750B2 (en) | 2001-07-10 | 2010-02-23 | David S Bonalle | Securing RF transactions using a transactions counter |
US7360689B2 (en) | 2001-07-10 | 2008-04-22 | American Express Travel Related Services Company, Inc. | Method and system for proffering multiple biometrics for use with a FOB |
US8294552B2 (en) * | 2001-07-10 | 2012-10-23 | Xatra Fund Mx, Llc | Facial scan biometrics on a payment device |
US7119659B2 (en) | 2001-07-10 | 2006-10-10 | American Express Travel Related Services Company, Inc. | Systems and methods for providing a RF transaction device for use in a private label transaction |
US7493288B2 (en) | 2001-07-10 | 2009-02-17 | Xatra Fund Mx, Llc | RF payment via a mobile device |
US8284025B2 (en) | 2001-07-10 | 2012-10-09 | Xatra Fund Mx, Llc | Method and system for auditory recognition biometrics on a FOB |
US20040236699A1 (en) | 2001-07-10 | 2004-11-25 | American Express Travel Related Services Company, Inc. | Method and system for hand geometry recognition biometrics on a fob |
US7705732B2 (en) | 2001-07-10 | 2010-04-27 | Fred Bishop | Authenticating an RF transaction using a transaction counter |
AU2002327322A1 (en) | 2001-07-24 | 2003-02-17 | First Usa Bank, N.A. | Multiple account card and transaction routing |
KR100353775B1 (en) * | 2001-07-27 | 2002-09-28 | 이민수 | System and Method for Credit card service linked with credit loan service whose bounds are limited with the amount of selling |
PT1442404E (en) | 2001-09-24 | 2014-03-06 | E2Interactive Inc | System and method for supplying communication service |
US20030154162A1 (en) * | 2002-02-11 | 2003-08-14 | Danaher John Thomas | Credit report retrieval system including voice-based interface |
US20090060285A1 (en) * | 2002-02-12 | 2009-03-05 | Mckelvey William W | Rating individuals on a voluntary basis using legal non-discriminatory criteria |
US7756896B1 (en) | 2002-03-11 | 2010-07-13 | Jp Morgan Chase Bank | System and method for multi-dimensional risk analysis |
US8751391B2 (en) | 2002-03-29 | 2014-06-10 | Jpmorgan Chase Bank, N.A. | System and process for performing purchase transactions using tokens |
US8224723B2 (en) * | 2002-05-31 | 2012-07-17 | Jpmorgan Chase Bank, N.A. | Account opening system, method and computer program product |
US6805287B2 (en) | 2002-09-12 | 2004-10-19 | American Express Travel Related Services Company, Inc. | System and method for converting a stored value card to a credit card |
US7472090B1 (en) * | 2002-12-31 | 2008-12-30 | Capital One Financial Corporation | Method and system for providing a higher credit limit to a customer |
US7624068B1 (en) | 2003-08-18 | 2009-11-24 | Jpmorgan Chase Bank, N.A. | Method and system for dynamically adjusting discount rates for a card transaction |
US8156042B2 (en) | 2003-08-29 | 2012-04-10 | Starbucks Corporation | Method and apparatus for automatically reloading a stored value card |
US8239323B2 (en) * | 2003-09-23 | 2012-08-07 | Jpmorgan Chase Bank, N.A. | Method and system for distribution of unactivated bank account cards |
WO2005048145A1 (en) * | 2003-10-13 | 2005-05-26 | Starbucks Corporation D/B/A Starbucks Coffee Company | Dual card |
US20050080672A1 (en) * | 2003-10-13 | 2005-04-14 | Starbucks Corporation | Creating customer loyalty |
KR100439437B1 (en) * | 2003-12-18 | 2004-07-09 | 주식회사 교원나라 | Bank transaction system for linked accounts via common account |
US20050234817A1 (en) * | 2004-04-16 | 2005-10-20 | First Data Corporation | Methods and systems for private label transaction processing |
JP2006012001A (en) * | 2004-06-29 | 2006-01-12 | Ifu Agency Kk | Information processing system and information processing method |
US7318550B2 (en) | 2004-07-01 | 2008-01-15 | American Express Travel Related Services Company, Inc. | Biometric safeguard method for use with a smartcard |
US8682757B2 (en) * | 2004-08-25 | 2014-03-25 | American Express Travel Related Services Company, Inc. | Method and apparatus for processing financial transactions subject to different financing terms |
US8049594B1 (en) | 2004-11-30 | 2011-11-01 | Xatra Fund Mx, Llc | Enhanced RFID instrument security |
US7890343B1 (en) | 2005-01-11 | 2011-02-15 | Jp Morgan Chase Bank | System and method for generating risk management curves |
US7848977B2 (en) * | 2005-05-09 | 2010-12-07 | First Data Corporation | Private label purchase card acceptance systems and methods |
US20070023504A1 (en) * | 2005-05-19 | 2007-02-01 | F.S.V. Payment Systems, Inc. | Computer implemented flexible benefit plan host based stored value card product |
US20070083461A1 (en) * | 2005-10-12 | 2007-04-12 | A. Andalib | Systems and methods for extending consumer credit and processing transactions |
US8666890B1 (en) | 2005-12-29 | 2014-03-04 | United Services Automobile Association (Usaa) | Multi-purpose transaction account |
US8103582B1 (en) | 2005-12-29 | 2012-01-24 | United Services Automobile Association (Usaa) | Multi-purpose transaction account |
US7962396B1 (en) | 2006-02-03 | 2011-06-14 | Jpmorgan Chase Bank, N.A. | System and method for managing risk |
US7445150B2 (en) * | 2006-02-21 | 2008-11-04 | Bernadette Aigbogun | Pre-paid credit card |
US7707192B1 (en) | 2006-05-23 | 2010-04-27 | Jp Morgan Chase Bank, N.A. | Confidence index for assets |
US20080021829A1 (en) * | 2006-07-06 | 2008-01-24 | Kranzley Arthur D | Rule-based selection of financial account for payment card transaction |
US7527208B2 (en) | 2006-12-04 | 2009-05-05 | Visa U.S.A. Inc. | Bank issued contactless payment card used in transit fare collection |
US8346639B2 (en) | 2007-02-28 | 2013-01-01 | Visa U.S.A. Inc. | Authentication of a data card using a transit verification value |
US8118223B2 (en) | 2006-09-28 | 2012-02-21 | Visa U.S.A. Inc. | Smart sign mobile transit fare payment |
US20080208681A1 (en) * | 2006-09-28 | 2008-08-28 | Ayman Hammad | Payment using a mobile device |
US8386349B2 (en) | 2007-02-28 | 2013-02-26 | Visa U.S.A. Inc. | Verification of a portable consumer device in an offline environment |
US8738485B2 (en) | 2007-12-28 | 2014-05-27 | Visa U.S.A. Inc. | Contactless prepaid product for transit fare collection |
US8523069B2 (en) | 2006-09-28 | 2013-09-03 | Visa U.S.A. Inc. | Mobile transit fare payment |
US7562048B1 (en) | 2007-02-14 | 2009-07-14 | Target Brands, Inc. | Retailer debit card system |
US7962418B1 (en) * | 2007-03-30 | 2011-06-14 | Amazon Technologies, Inc. | System and method of fulfilling a transaction |
US20080301041A1 (en) * | 2007-05-31 | 2008-12-04 | Mark Edward Bruk | Method and system for processing financial transactions using multiple financial accounts |
US9292850B2 (en) * | 2007-09-10 | 2016-03-22 | Visa U.S.A. Inc. | Host capture |
US8606746B2 (en) * | 2007-10-19 | 2013-12-10 | Oracle International Corporation | Privacy management policy hub |
US7878394B2 (en) * | 2007-11-02 | 2011-02-01 | Citicorp Credit Services, Inc. | Methods and systems for managing transaction card accounts enabled for use with particular categories of providers and/or goods/services |
US9424562B2 (en) * | 2007-11-30 | 2016-08-23 | U.S. Bank National Association | Profile-based arrangements and methods for disparate network systems |
US8095438B2 (en) * | 2007-12-28 | 2012-01-10 | Mastercard International Incorporated | Methods and systems for assigning interchange rates to financial transactions using an interchange network |
US8191766B2 (en) * | 2008-03-04 | 2012-06-05 | Mastercard International Incorporated | Methods and systems for managing merchant identifiers |
US9646450B2 (en) * | 2008-03-08 | 2017-05-09 | Stefan Melik-Aslanian | Emergency fund and replacement of credit/debit cards—lost, stolen, defective or fraudulently used |
US8478637B1 (en) | 2008-04-08 | 2013-07-02 | Jpmorgan Chase Bank, N.A. | Index for assessing discount potential |
AU2009243159B2 (en) * | 2008-04-29 | 2015-02-05 | Visa U.S.A. Inc. | Portable device including alterable indicator |
US20100010930A1 (en) * | 2008-07-11 | 2010-01-14 | American Express Travel Related Services Company, Inc. | Providing a real time credit score as part of a transaction request |
US8219489B2 (en) | 2008-07-29 | 2012-07-10 | Visa U.S.A. Inc. | Transaction processing using a global unique identifier |
WO2010017497A1 (en) * | 2008-08-07 | 2010-02-11 | Mastercard International, Inc. | A method for providing a credit cardholder with multiple funding options |
US10504126B2 (en) | 2009-01-21 | 2019-12-10 | Truaxis, Llc | System and method of obtaining merchant sales information for marketing or sales teams |
US10594870B2 (en) | 2009-01-21 | 2020-03-17 | Truaxis, Llc | System and method for matching a savings opportunity using census data |
US20140172560A1 (en) * | 2009-01-21 | 2014-06-19 | Truaxis, Inc. | System and method of profitability analytics |
US8393545B1 (en) * | 2009-06-23 | 2013-03-12 | Dynamics Inc. | Cards deployed with inactivated products for activation |
US8505813B2 (en) | 2009-09-04 | 2013-08-13 | Bank Of America Corporation | Customer benefit offer program enrollment |
US11928696B2 (en) | 2009-12-16 | 2024-03-12 | E2Interactive, Inc. | Systems and methods for generating a virtual value item for a promotional campaign |
US8473414B2 (en) * | 2010-04-09 | 2013-06-25 | Visa International Service Association | System and method including chip-based device processing for transaction |
US9483786B2 (en) | 2011-10-13 | 2016-11-01 | Gift Card Impressions, LLC | Gift card ordering system and method |
US9031869B2 (en) | 2010-10-13 | 2015-05-12 | Gift Card Impressions, LLC | Method and system for generating a teaser video associated with a personalized gift |
US9892419B1 (en) | 2011-05-09 | 2018-02-13 | Bank Of America Corporation | Coupon deposit account fraud protection system |
US8751298B1 (en) | 2011-05-09 | 2014-06-10 | Bank Of America Corporation | Event-driven coupon processor alert |
US8600863B2 (en) | 2012-01-16 | 2013-12-03 | International Business Machines Corporation | Financial services card that provides visual indicator according to available balance defined policies |
US10417677B2 (en) | 2012-01-30 | 2019-09-17 | Gift Card Impressions, LLC | Group video generating system |
US10049402B1 (en) | 2012-06-13 | 2018-08-14 | Jpmorgan Chase Bank, N.A. | ATM privacy system and method |
US11055686B2 (en) | 2012-08-08 | 2021-07-06 | E2Interactive, Inc. | S/M for providing, reloading, and redeeming stored value cards used in transit applications |
US9569769B2 (en) | 2012-09-17 | 2017-02-14 | E2Interactive, Inc. | Composite activation indicia substrate |
US9858571B2 (en) * | 2013-01-02 | 2018-01-02 | Mastercard International Incorporated | Methods and systems for mitigating fraud losses during a payment card transaction |
US9947007B2 (en) | 2013-01-27 | 2018-04-17 | Barry Greenbaum | Payment information technologies |
US11219288B2 (en) | 2013-02-15 | 2022-01-11 | E2Interactive, Inc. | Gift card box with slanted tray and slit |
US9565911B2 (en) | 2013-02-15 | 2017-02-14 | Gift Card Impressions, LLC | Gift card presentation devices |
US10217107B2 (en) | 2013-05-02 | 2019-02-26 | Gift Card Impressions, LLC | Stored value card kiosk system and method |
US10062075B2 (en) * | 2013-11-04 | 2018-08-28 | E2Interactive, Inc. | Systems and methods for using a dual function medical benefits card |
US11120462B2 (en) | 2013-11-04 | 2021-09-14 | E2Interactive, Inc. | Systems and methods for using indicia of membership as a partial authorization in a transaction |
US9275325B2 (en) | 2014-03-07 | 2016-03-01 | Starbucks Corporation | Dual-function card with key card functionality and stored value card functionality |
US11461766B1 (en) | 2014-04-30 | 2022-10-04 | Wells Fargo Bank, N.A. | Mobile wallet using tokenized card systems and methods |
US11288660B1 (en) * | 2014-04-30 | 2022-03-29 | Wells Fargo Bank, N.A. | Mobile wallet account balance systems and methods |
US10262346B2 (en) | 2014-04-30 | 2019-04-16 | Gift Card Impressions, Inc. | System and method for a merchant onsite personalization gifting platform |
US9652770B1 (en) | 2014-04-30 | 2017-05-16 | Wells Fargo Bank, N.A. | Mobile wallet using tokenized card systems and methods |
US20160335634A1 (en) * | 2015-05-14 | 2016-11-17 | Mastercard International Incorporated | Method and System for Partial Approval of Virtual Card Transactions |
US10817935B1 (en) * | 2015-07-02 | 2020-10-27 | Jpmorgan Chase Bank, N.A. | System and method for increasing credit worthiness of account holders |
WO2017140921A1 (en) * | 2016-02-17 | 2017-08-24 | Pérez Ojeda José Antonio | Electronic means of payment |
US10977725B1 (en) * | 2016-05-05 | 2021-04-13 | State Farm Mutual Automobile Insurance Company | Preventing account overdrafts and excessive credit spending |
US10755280B2 (en) * | 2017-01-13 | 2020-08-25 | Visa International Service Association | Segmented data analysis using dynamic peer groupings and automated rule implementation platform |
US11669828B1 (en) * | 2017-02-14 | 2023-06-06 | Wells Fargo Bank, N.A. | Mobile wallet artificial intelligence card underwriting |
US10511692B2 (en) | 2017-06-22 | 2019-12-17 | Bank Of America Corporation | Data transmission to a networked resource based on contextual information |
US10313480B2 (en) | 2017-06-22 | 2019-06-04 | Bank Of America Corporation | Data transmission between networked resources |
US10524165B2 (en) | 2017-06-22 | 2019-12-31 | Bank Of America Corporation | Dynamic utilization of alternative resources based on token association |
US10954049B2 (en) | 2017-12-12 | 2021-03-23 | E2Interactive, Inc. | Viscous liquid vessel for gifting |
US10915392B2 (en) * | 2017-12-26 | 2021-02-09 | Paypal, Inc. | Integration error detection and correction system |
US10949842B1 (en) * | 2018-01-30 | 2021-03-16 | Mastercard International Incorporated | Preventing data analysis interruptions by identifying card continuity without using personally identifiable information |
US11315136B2 (en) | 2018-10-11 | 2022-04-26 | The Toronto-Dominion Bank | Modifying existing instruments without modification of unique identifier and immediate benefit availability |
CA3020391C (en) | 2018-10-11 | 2023-09-26 | The Toronto-Dominion Bank | Modifying existing intruments without issuance of new physical card |
US20200327576A1 (en) * | 2019-04-15 | 2020-10-15 | Synchrony Bank | Systems and methods for implementing transactional promotions |
US11023907B2 (en) * | 2019-09-05 | 2021-06-01 | Visa International Service Association | Systems, methods, and apparatuses for identifying dormancy risk |
US11164247B2 (en) * | 2020-02-13 | 2021-11-02 | Capital One Services, Llc | Computer-implemented systems configured for providing real-time credit offers and credit negotiation for specified transactions and methods of use thereof |
US20230394467A1 (en) * | 2022-06-02 | 2023-12-07 | The Toronto-Dominion Bank | System and method for providing restricted token usage during an onboarding phase |
Citations (38)
Publication number | Priority date | Publication date | Assignee | Title |
---|---|---|---|---|
US613110A (en) * | 1898-10-25 | Coasting-sled | ||
US4432567A (en) * | 1980-02-14 | 1984-02-21 | Stockburger H | Authorization card |
US5308121A (en) * | 1992-07-30 | 1994-05-03 | Gunn Robert T | Credit/service card with expanded surface area |
US5450477A (en) * | 1991-10-31 | 1995-09-12 | At&T Corp. | Monitoring of charges debited to an account having an assigned limit |
US5578808A (en) * | 1993-12-22 | 1996-11-26 | Datamark Services, Inc. | Data card that can be used for transactions involving separate card issuers |
US5585787A (en) * | 1991-12-09 | 1996-12-17 | Wallerstein; Robert S. | Programmable credit card |
US5748737A (en) * | 1994-11-14 | 1998-05-05 | Daggar; Robert N. | Multimedia electronic wallet with generic card |
US5864830A (en) * | 1997-02-13 | 1999-01-26 | Armetta; David | Data processing method of configuring and monitoring a satellite spending card linked to a host credit card |
US5955961A (en) * | 1991-12-09 | 1999-09-21 | Wallerstein; Robert S. | Programmable transaction card |
US6000608A (en) * | 1997-07-10 | 1999-12-14 | Dorf; Robert E. | Multifunction card system |
US6023682A (en) * | 1997-10-21 | 2000-02-08 | At&T Corporation | Method and apparatus for credit card purchase authorization utilizing a comparison of a purchase token with test information |
US6032136A (en) * | 1998-11-17 | 2000-02-29 | First Usa Bank, N.A. | Customer activated multi-value (CAM) card |
US6038552A (en) * | 1997-12-10 | 2000-03-14 | The Chase Manhattan Bank | Method and apparatus to process combined credit and debit card transactions |
US6047067A (en) * | 1994-04-28 | 2000-04-04 | Citibank, N.A. | Electronic-monetary system |
US6144948A (en) * | 1997-06-23 | 2000-11-07 | Walker Digital, Llc | Instant credit card marketing system for reservations for future services |
US6149055A (en) * | 1995-04-13 | 2000-11-21 | Gatto; James G. | Electronic fund transfer or transaction system |
US6163771A (en) * | 1997-08-28 | 2000-12-19 | Walker Digital, Llc | Method and device for generating a single-use financial account number |
US6224109B1 (en) * | 1999-08-07 | 2001-05-01 | James Yung Chien Yang | Credit card with driver's license or identification |
US6354490B1 (en) * | 1995-06-07 | 2002-03-12 | Citibank, N.A. | Integrated full service consumer banking system and system and method for opening an account |
US20020046341A1 (en) * | 2000-02-28 | 2002-04-18 | Alex Kazaks | System, and method for prepaid anonymous and pseudonymous credit card type transactions |
US6422462B1 (en) * | 1998-03-30 | 2002-07-23 | Morris E. Cohen | Apparatus and methods for improved credit cards and credit card transactions |
US20020138428A1 (en) * | 2001-03-20 | 2002-09-26 | United Parcel Services Of America, Inc. | Hybrid credit card transaction system |
US20020138309A1 (en) * | 2001-03-23 | 2002-09-26 | Thomas James C. | Computerized system for combining insurance company and credit card transactions |
US20020174016A1 (en) * | 1997-06-16 | 2002-11-21 | Vincent Cuervo | Multiple accounts and purposes card method and system |
US20030111527A1 (en) * | 2000-12-06 | 2003-06-19 | George Blossom | Selectable multi-purpose card |
US20030139978A1 (en) * | 1996-08-08 | 2003-07-24 | Fisher Alan S. | Method and system for providing order status information using an update status flag |
US20030155416A1 (en) * | 2002-02-19 | 2003-08-21 | Lee Macklin | System and method for using a multiple-use credit card |
US6615190B1 (en) * | 2000-02-09 | 2003-09-02 | Bank One, Delaware, National Association | Sponsor funded stored value card |
US20030191709A1 (en) * | 2002-04-03 | 2003-10-09 | Stephen Elston | Distributed payment and loyalty processing for retail and vending |
US20040049452A1 (en) * | 2002-09-09 | 2004-03-11 | First Data Corporation | Multiple credit line presentation instrument |
US20040083184A1 (en) * | 1999-04-19 | 2004-04-29 | First Data Corporation | Anonymous card transactions |
US6742704B2 (en) * | 2000-01-21 | 2004-06-01 | American Express Travel Related Services Company, Inc. | Multiple-service card system |
US6805287B2 (en) * | 2002-09-12 | 2004-10-19 | American Express Travel Related Services Company, Inc. | System and method for converting a stored value card to a credit card |
US20050021456A1 (en) * | 2003-04-29 | 2005-01-27 | Visa U.S.A. | Method and system for facilitating switching of financial institution accounts |
US20050035847A1 (en) * | 2001-07-10 | 2005-02-17 | American Express Travel Related Services Company, Inc. | Systems and methods for providing a rf transaction device for use in a private label transaction |
US20050035192A1 (en) * | 2000-01-21 | 2005-02-17 | American Express Travel Related Services Company, Inc. | Public/private dual card system and method |
US6915277B1 (en) * | 2000-05-10 | 2005-07-05 | General Electric Capital Corporation | Method for dual credit card system |
US7076465B1 (en) * | 1998-04-24 | 2006-07-11 | First Data Corporation | Methods for processing a group of accounts corresponding to different products |
Family Cites Families (47)
Publication number | Priority date | Publication date | Assignee | Title |
---|---|---|---|---|
US4813077A (en) * | 1986-07-30 | 1989-03-14 | Scan-Optics, Inc. | Sales transaction record processing system and method |
JPH03500705A (en) | 1988-05-04 | 1991-02-14 | アドバンスト・プロモーション・テクノロジーズ | Comprehensive trading account system |
DE3906349A1 (en) | 1989-03-01 | 1990-09-13 | Hartmut Hennige | METHOD AND DEVICE FOR SIMPLIFYING THE USE OF A VARIETY OF CREDIT CARDS AND THE LIKE |
US5231569A (en) * | 1990-06-12 | 1993-07-27 | Sears Payment Systems, Inc. | Account transaction system |
FR2673476B1 (en) * | 1991-01-18 | 1996-04-12 | Gemplus Card Int | SECURE METHOD FOR LOADING MULTIPLE APPLICATIONS INTO A MICROPROCESSOR MEMORY CARD. |
US5193114A (en) | 1991-08-08 | 1993-03-09 | Moseley Donald R | Consumer oriented smart card system and authentication techniques |
US5255182A (en) * | 1992-01-31 | 1993-10-19 | Visa International Service Association | Payment card point-of-sale service quality monitoring system, apparatus, and method |
US5307121A (en) * | 1992-11-23 | 1994-04-26 | Eastman Kodak Company | Bi-functional charge neutralizer for electrostatographic copier/printer |
US5844230A (en) | 1993-08-09 | 1998-12-01 | Lalonde; Michael G. | Information card |
US5649118A (en) | 1993-08-27 | 1997-07-15 | Lucent Technologies Inc. | Smart card with multiple charge accounts and product item tables designating the account to debit |
US5544246A (en) | 1993-09-17 | 1996-08-06 | At&T Corp. | Smartcard adapted for a plurality of service providers and for remote installation of same |
US6145739A (en) | 1993-10-26 | 2000-11-14 | Intellect Australia Pty Ltd. | System and method for performing transactions and an intelligent device therefor |
US5521966A (en) | 1993-12-14 | 1996-05-28 | At&T Corp. | Method and system for mediating transactions that use portable smart cards |
US5530232A (en) | 1993-12-22 | 1996-06-25 | Datamark Services, Inc. | Multi-application data card |
US5826243A (en) | 1994-01-03 | 1998-10-20 | Merrill Lynch & Co., Inc. | Integrated system for controlling master account and nested subaccount(s) |
US5506395A (en) | 1994-06-22 | 1996-04-09 | William C. Eppley | Multi-access card and card holder with a plurality of machine readable service access codes placed thereon |
US5859419A (en) | 1995-09-28 | 1999-01-12 | Sol H. Wynn | Programmable multiple company credit card system |
US6138917A (en) | 1995-10-02 | 2000-10-31 | International Card Technology | Multiple magnetic stripe transaction cards and systems for the utilization thereof |
US5883377A (en) | 1995-11-20 | 1999-03-16 | International Card Technologies, Inc. | Multiple magnetic stripe transaction cards and systems for the utilization thereof |
US5984191A (en) | 1995-11-20 | 1999-11-16 | International Card Technology | Multiple magnetic stripe transaction cards and systems for the utilization thereof |
US5770843A (en) | 1996-07-02 | 1998-06-23 | Ncr Corporation | Access card for multiple accounts |
FR2751104B1 (en) | 1996-07-11 | 1998-12-31 | Stoffel Laurent | METHOD FOR CONTROLLING INDEPENDENT SECURE TRANSACTIONS USING A SINGLE PHYSICAL DEVICE |
US5991748A (en) | 1996-12-06 | 1999-11-23 | American Express Travel Related Services Company, Inc. | Methods and apparatus for regenerating a prepaid transaction account |
US6047267A (en) | 1997-05-14 | 2000-04-04 | Portal Software, Inc. | Method and apparatus for tracking multiple payment resources and charging transactions to payment resources in on line transaction processing system |
US6220510B1 (en) | 1997-05-15 | 2001-04-24 | Mondex International Limited | Multi-application IC card with delegation feature |
US5945653A (en) * | 1997-06-26 | 1999-08-31 | Walker Asset Management Limited Partnership | System and method for establishing and executing functions to affect credit card accounts and transactions |
US5914472A (en) | 1997-09-23 | 1999-06-22 | At&T Corp | Credit card spending authorization control system |
US6024286A (en) | 1997-10-21 | 2000-02-15 | At&T Corp | Smart card providing a plurality of independently accessible accounts |
US6032186A (en) * | 1998-01-29 | 2000-02-29 | At&T Corp | System and method for remote information access |
US5999596A (en) | 1998-03-06 | 1999-12-07 | Walker Asset Management Limited | Method and system for controlling authorization of credit card transactions |
US6315195B1 (en) | 1998-04-17 | 2001-11-13 | Diebold, Incorporated | Transaction apparatus and method |
US7254557B1 (en) * | 1998-11-09 | 2007-08-07 | C/Base, Inc. | Financial services payment vehicle and method |
US6353811B1 (en) | 1998-11-18 | 2002-03-05 | Steven I. Weissman | Credit card billing system for identifying expenditures on a credit card account |
US6339766B1 (en) | 1998-12-02 | 2002-01-15 | Transactionsecure | Electronic payment system employing limited-use account number |
US20020026418A1 (en) | 1999-07-02 | 2002-02-28 | Adam Koppel | Method for providing pre-paid anonymous electronic debit card compatible with existing network of credit cards |
US6205533B1 (en) * | 1999-08-12 | 2001-03-20 | Norman H. Margolus | Mechanism for efficient data access and communication in parallel computations on an emulated spatial lattice |
US6575361B1 (en) * | 1999-08-19 | 2003-06-10 | E-2 Interactive, Inc. | System and method for managing stored-value card data |
US20010032192A1 (en) | 1999-12-10 | 2001-10-18 | Laxmiprassad Putta | Method and apparatus for improved financial instrument processing |
US6427911B1 (en) | 1999-12-17 | 2002-08-06 | International Business Machines Corporation | Billing/clearing house system and method for an overloaded card |
US6427909B1 (en) | 1999-12-17 | 2002-08-06 | International Business Machines Corporation | System and method for overloading an existing card |
US6431443B1 (en) | 1999-12-17 | 2002-08-13 | International Business Machines Corporation | Overloaded card information display |
EP1170685A3 (en) | 2000-06-29 | 2004-03-03 | Hitachi, Ltd. | IC card, settlement system and method with IC card |
US20020095386A1 (en) | 2000-12-07 | 2002-07-18 | Maritzen L. Michael | Account control and access management of sub-accounts from master account |
US6427919B1 (en) * | 2000-12-19 | 2002-08-06 | Kohji Toda | Recognition system for identification-card singularity |
US7689502B2 (en) * | 2001-02-12 | 2010-03-30 | Capital One Financial Corporation | System and method for providing extra lines of credit |
US7069244B2 (en) * | 2002-09-17 | 2006-06-27 | First Data Corporation | Method and system for merchant processing of purchase card transactions with expanded card type acceptance |
US20040254837A1 (en) * | 2003-06-11 | 2004-12-16 | Roshkoff Kenneth S. | Consumer marketing research method and system |
-
2000
- 2000-06-14 US US09/593,199 patent/US6915277B1/en not_active Expired - Lifetime
-
2003
- 2003-04-25 US US10/423,527 patent/US20030204470A1/en not_active Abandoned
- 2003-09-05 US US10/656,798 patent/US7774274B2/en not_active Expired - Lifetime
Patent Citations (41)
Publication number | Priority date | Publication date | Assignee | Title |
---|---|---|---|---|
US613110A (en) * | 1898-10-25 | Coasting-sled | ||
US4432567A (en) * | 1980-02-14 | 1984-02-21 | Stockburger H | Authorization card |
US5450477A (en) * | 1991-10-31 | 1995-09-12 | At&T Corp. | Monitoring of charges debited to an account having an assigned limit |
US5955961A (en) * | 1991-12-09 | 1999-09-21 | Wallerstein; Robert S. | Programmable transaction card |
US5585787A (en) * | 1991-12-09 | 1996-12-17 | Wallerstein; Robert S. | Programmable credit card |
US5308121A (en) * | 1992-07-30 | 1994-05-03 | Gunn Robert T | Credit/service card with expanded surface area |
US5578808A (en) * | 1993-12-22 | 1996-11-26 | Datamark Services, Inc. | Data card that can be used for transactions involving separate card issuers |
US6047067A (en) * | 1994-04-28 | 2000-04-04 | Citibank, N.A. | Electronic-monetary system |
US5748737A (en) * | 1994-11-14 | 1998-05-05 | Daggar; Robert N. | Multimedia electronic wallet with generic card |
US6149055A (en) * | 1995-04-13 | 2000-11-21 | Gatto; James G. | Electronic fund transfer or transaction system |
US6354490B1 (en) * | 1995-06-07 | 2002-03-12 | Citibank, N.A. | Integrated full service consumer banking system and system and method for opening an account |
US20030139978A1 (en) * | 1996-08-08 | 2003-07-24 | Fisher Alan S. | Method and system for providing order status information using an update status flag |
US5864830A (en) * | 1997-02-13 | 1999-01-26 | Armetta; David | Data processing method of configuring and monitoring a satellite spending card linked to a host credit card |
US20020174016A1 (en) * | 1997-06-16 | 2002-11-21 | Vincent Cuervo | Multiple accounts and purposes card method and system |
US6144948A (en) * | 1997-06-23 | 2000-11-07 | Walker Digital, Llc | Instant credit card marketing system for reservations for future services |
US6189787B1 (en) * | 1997-07-10 | 2001-02-20 | Robert E. Dorf | Multifunctional card system |
US6000608A (en) * | 1997-07-10 | 1999-12-14 | Dorf; Robert E. | Multifunction card system |
US6163771A (en) * | 1997-08-28 | 2000-12-19 | Walker Digital, Llc | Method and device for generating a single-use financial account number |
US6023682A (en) * | 1997-10-21 | 2000-02-08 | At&T Corporation | Method and apparatus for credit card purchase authorization utilizing a comparison of a purchase token with test information |
US6038552A (en) * | 1997-12-10 | 2000-03-14 | The Chase Manhattan Bank | Method and apparatus to process combined credit and debit card transactions |
US6422462B1 (en) * | 1998-03-30 | 2002-07-23 | Morris E. Cohen | Apparatus and methods for improved credit cards and credit card transactions |
US7076465B1 (en) * | 1998-04-24 | 2006-07-11 | First Data Corporation | Methods for processing a group of accounts corresponding to different products |
US6032136A (en) * | 1998-11-17 | 2000-02-29 | First Usa Bank, N.A. | Customer activated multi-value (CAM) card |
US20040083184A1 (en) * | 1999-04-19 | 2004-04-29 | First Data Corporation | Anonymous card transactions |
US6224109B1 (en) * | 1999-08-07 | 2001-05-01 | James Yung Chien Yang | Credit card with driver's license or identification |
US20050035192A1 (en) * | 2000-01-21 | 2005-02-17 | American Express Travel Related Services Company, Inc. | Public/private dual card system and method |
US6742704B2 (en) * | 2000-01-21 | 2004-06-01 | American Express Travel Related Services Company, Inc. | Multiple-service card system |
US6615190B1 (en) * | 2000-02-09 | 2003-09-02 | Bank One, Delaware, National Association | Sponsor funded stored value card |
US20020046341A1 (en) * | 2000-02-28 | 2002-04-18 | Alex Kazaks | System, and method for prepaid anonymous and pseudonymous credit card type transactions |
US6915277B1 (en) * | 2000-05-10 | 2005-07-05 | General Electric Capital Corporation | Method for dual credit card system |
US20030111527A1 (en) * | 2000-12-06 | 2003-06-19 | George Blossom | Selectable multi-purpose card |
US20060131396A1 (en) * | 2000-12-06 | 2006-06-22 | First Usa Bank, National Association | Selectable Multi-Purpose Card |
US20020138428A1 (en) * | 2001-03-20 | 2002-09-26 | United Parcel Services Of America, Inc. | Hybrid credit card transaction system |
US20020138309A1 (en) * | 2001-03-23 | 2002-09-26 | Thomas James C. | Computerized system for combining insurance company and credit card transactions |
US20050035847A1 (en) * | 2001-07-10 | 2005-02-17 | American Express Travel Related Services Company, Inc. | Systems and methods for providing a rf transaction device for use in a private label transaction |
US20030155416A1 (en) * | 2002-02-19 | 2003-08-21 | Lee Macklin | System and method for using a multiple-use credit card |
US6732919B2 (en) * | 2002-02-19 | 2004-05-11 | Hewlett-Packard Development Company, L.P. | System and method for using a multiple-use credit card |
US20030191709A1 (en) * | 2002-04-03 | 2003-10-09 | Stephen Elston | Distributed payment and loyalty processing for retail and vending |
US20040049452A1 (en) * | 2002-09-09 | 2004-03-11 | First Data Corporation | Multiple credit line presentation instrument |
US6805287B2 (en) * | 2002-09-12 | 2004-10-19 | American Express Travel Related Services Company, Inc. | System and method for converting a stored value card to a credit card |
US20050021456A1 (en) * | 2003-04-29 | 2005-01-27 | Visa U.S.A. | Method and system for facilitating switching of financial institution accounts |
Cited By (35)
Publication number | Priority date | Publication date | Assignee | Title |
---|---|---|---|---|
US20010051917A1 (en) * | 1998-08-26 | 2001-12-13 | American Management Systems, Inc. | System integrating credit card transactions into a financial management system |
US10713712B2 (en) * | 1998-08-26 | 2020-07-14 | Cgi Technologies And Solutions Inc. | System integrating credit card transactions into a financial management system |
US20040117300A1 (en) * | 2000-05-10 | 2004-06-17 | Peter Jones | Payment card processing system and methods |
US7774274B2 (en) | 2000-05-10 | 2010-08-10 | General Electric Capital Corporation | Payment card processing system and methods |
US8504420B2 (en) | 2000-08-05 | 2013-08-06 | Ronald John Rosenberger | Method using advertising as compensation to a promoter for generating new account sign ups of end users for a product or service offering entity |
US8504421B2 (en) | 2000-08-05 | 2013-08-06 | Ronald John Rosenberger | Method using a social network or website to enable an individual to promote an advertiser's advertising to the individual's personal contacts |
US20110153433A1 (en) * | 2000-08-05 | 2011-06-23 | Ronald John Rosenberger | Promotion Method |
US10580072B2 (en) * | 2000-09-11 | 2020-03-03 | Capital One Services, Llc | System and method for providing a credit card with multiple credit lines |
US20080228611A1 (en) * | 2001-02-12 | 2008-09-18 | Capital One Financial Corporation | System and method for providing extra lines of credit |
US20070078759A1 (en) * | 2001-02-12 | 2007-04-05 | Capital One Financial Corporation | System and method for providing extra lines of credit |
US20020156723A1 (en) * | 2001-02-12 | 2002-10-24 | Lilly Joseph D. | System and method for providing extra lines of credit |
US8898081B2 (en) | 2001-02-12 | 2014-11-25 | Capitol One Financial Corporation | Systems and methods for providing extra lines of credit |
US7689502B2 (en) * | 2001-02-12 | 2010-03-30 | Capital One Financial Corporation | System and method for providing extra lines of credit |
US8370255B2 (en) | 2001-02-12 | 2013-02-05 | Capital One Financial Corporation | System and method for providing extra lines of credit |
US7788170B2 (en) | 2001-02-12 | 2010-08-31 | Capital One Financial Corporation | System and method for providing extra lines of credit |
US7904384B2 (en) | 2001-02-12 | 2011-03-08 | Capital One Financial Corporation | System and method for providing extra lines of credit |
US10127584B2 (en) | 2001-08-09 | 2018-11-13 | Capital One Financial Corporation | System and methods for providing financial account information over a network |
US9721277B2 (en) | 2001-08-09 | 2017-08-01 | Capital One Financial Corporation | System and methods for providing financial account information over a network |
US11037210B2 (en) | 2001-08-09 | 2021-06-15 | Capital One Services, Llc | System and methods for providing financial account information over a network |
US10592937B2 (en) | 2001-08-09 | 2020-03-17 | Capital One Services, Llc | System and methods for providing financial account information over a network |
US20030033231A1 (en) * | 2001-08-09 | 2003-02-13 | Jonathan Turner | System and methods for providing financial account information over a network |
US10140634B2 (en) | 2001-08-09 | 2018-11-27 | Capital One Services, Llc | System and methods for providing financial account information over a network |
US7505925B2 (en) | 2001-08-09 | 2009-03-17 | Capital One Financial Corporation | System, medium, and method for providing financial account information over a network |
WO2005033997A1 (en) * | 2003-09-05 | 2005-04-14 | General Electric Capital Corporation | Payment card processing system and methods |
WO2006110431A3 (en) * | 2005-04-11 | 2007-11-22 | Bill Me Later Inc | Method of extending credit to at least one consumer and method of processing a transaction between a consumer and a merchant |
WO2006110431A2 (en) * | 2005-04-11 | 2006-10-19 | Bill Me Later Inc. | Method of extending credit to at least one consumer and method of processing a transaction between a consumer and a merchant |
US20150227919A1 (en) * | 2007-06-22 | 2015-08-13 | Blackhawk Network, Inc. | Client Customized Virtual or Physical Card for Use with Selected Merchants |
US20150186873A1 (en) * | 2007-06-22 | 2015-07-02 | Blackhawk Network, Inc. | Client Customized Virtual or Physical Card for Use with Selected Merchants |
US10846685B2 (en) * | 2007-06-22 | 2020-11-24 | Blackhawk Network, Inc. | Client customized virtual or physical card for use with selected merchants |
US11783319B2 (en) * | 2007-06-22 | 2023-10-10 | Blackhawk Network, Inc. | Client customized virtual or physical card for use with selected merchants |
US8271392B2 (en) | 2008-04-04 | 2012-09-18 | Mastercard International Incorporated | Methods and systems for managing merchant screening |
US20090254463A1 (en) * | 2008-04-04 | 2009-10-08 | Brad Michael Tomchek | Methods and systems for managing merchant screening |
US20090254462A1 (en) * | 2008-04-04 | 2009-10-08 | Brad Michael Tomchek | Methods and systems for managing co-brand proprietary financial transaction processing |
US8606662B2 (en) * | 2008-04-04 | 2013-12-10 | Mastercard International Incorporated | Methods and systems for managing co-brand proprietary financial transaction processing |
US8960540B2 (en) * | 2011-05-23 | 2015-02-24 | Mastercard International Incorporated | Methods and systems for merchant selection of network routing |
Also Published As
Publication number | Publication date |
---|---|
US7774274B2 (en) | 2010-08-10 |
US20040117300A1 (en) | 2004-06-17 |
US6915277B1 (en) | 2005-07-05 |
Similar Documents
Publication | Publication Date | Title |
---|---|---|
US6915277B1 (en) | Method for dual credit card system | |
US11049125B2 (en) | Payment account processing which conveys financial transaction data and non-financial transaction data | |
US7516883B2 (en) | Financial transaction system with consumer reward and net settlement | |
US7174316B2 (en) | Debit purchasing of stored value card for use by and/or delivery to others | |
US7158955B2 (en) | Electronic identifier payment systems and methods | |
US8170936B2 (en) | Method and system for emulating a private label over an open network | |
US7752134B2 (en) | Hybrid credit card transaction system | |
US20020123962A1 (en) | System and method for providing a reaffirmation credit card including an increasing credit limit | |
US20040249752A1 (en) | Charity funding method using an open-ended stored-value card | |
WO2002010881A2 (en) | Financial transaction system with retirement saving benefit | |
EP0995173A1 (en) | Automated payment system and method | |
WO2005086878A2 (en) | System for processing stored value instrument | |
WO2007097769A1 (en) | Pre-paid credit card | |
US20120316947A1 (en) | Token Management System and Method | |
KR20000049595A (en) | Integrated management of points resulting in commercial system and method | |
CA2613397A1 (en) | Computerized process for differential incentives based on payment modes | |
KR20000054780A (en) | A settlement system by use of payment means having a multi-ID | |
US20070083461A1 (en) | Systems and methods for extending consumer credit and processing transactions | |
KR20010025494A (en) | Multy-level Electronic Commerce System and Method | |
JP4794105B2 (en) | How to provide advertising information and discounts related to the advertising information using a chip card with built-in memory | |
KR20020084844A (en) | Multy-level Electronic Commerce System and Method | |
KR20010087921A (en) | Method for Providing Different Bonus Points in Internet Electronic Commerce | |
KR20190138086A (en) | The online shopping mall to bills | |
KR20010091177A (en) | The Payment system of small sum money for the person who paid in advance | |
JP2004505352A (en) | Motivation and commission distribution system for non-cash transactions |
Legal Events
Date | Code | Title | Description |
---|---|---|---|
AS | Assignment |
Owner name: GENERAL ELECRTIC CORPORATION, CONNECTICUT Free format text: ASSIGNMENT OF ASSIGNORS INTEREST;ASSIGNORS:MANCHESTER, JEFF;DUPREE-CAMMER, MICHELLE;REEL/FRAME:014052/0863 Effective date: 20000609 |
|
AS | Assignment |
Owner name: GE CAPITAL CORPORATION, CONNECTICUT Free format text: CORRECTIVE ASSIGNMENT TO CORRECT THE ASSIGNOR'S NAME, PREVIOUSLY RECORDED AT REEL 014052 FRAME 0863;ASSIGNORS:MANCHESTER, JEFF;DUPREE-CAMMER, MICHELLE;REEL/FRAME:014649/0646 Effective date: 20000609 |
|
AS | Assignment |
Owner name: SYNCHRONY BANK, UTAH Free format text: ASSIGNMENT OF ASSIGNORS INTEREST;ASSIGNOR:GENERAL ELECTRICAL CAPITAL CORPORATION;REEL/FRAME:038643/0576 Effective date: 20140730 |
|
STCB | Information on status: application discontinuation |
Free format text: ABANDONED -- AFTER EXAMINER'S ANSWER OR BOARD OF APPEALS DECISION |