Method and apparatus for providing itemization detail for credit card transactions

• US 20050108117A1
• Filed: 11/19/2003
• Published: 05/19/2005
• Est. Priority Date: 11/19/2003
• Status: Abandoned Application

• Current Assignee: Warrren Newman
• Original Assignee: Warrren Newman
• Inventors: Newman, Warrren
• Application Number:
  US10/717,124
• Publication Number:
  US 20050108117A1
• Time in Patent Office: Days
• US Class Current: 705/30
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 40/08 Insurance
• CPC Class Codes: G06Q 40/12 Accounting

Abstract

A method for processing transactions includes initiating a transaction to access an account. An authorization request is sent to an authorization entity associated with the account. Itemization detail data associated with the transaction is sent to the authorization entity. At least the itemization detail data is routed to an owner of the account. A system for processing transactions includes a vendor entity and an authorization entity. The vendor entity is adapted to initiate a transaction to access an account, generate an authorization request, and generate itemization detail data associated with the transaction. The authorization entity is associated with the account and adapted to the receive authorization request, receive the itemization detail data from the vendor entity, and route at least the itemization detail data to an owner of the account.

Claims

1. A method for processing transactions, comprising:

initiating a transaction to access an account;

sending an authorization request to an authorization entity associated with the account;

sending itemization detail data associated with the transaction to the authorization entity; and

routing at least the itemization detail data to an owner of the account.

2. The method of claim 1, further comprising:

generating a transaction detail report including the itemization detail data and transaction summary data; and

sending the transaction detail report to the owner of the account.

3. The method of claim 1, wherein sending the itemization detail data further comprises sending the itemization detail data via at least one of a facsimile connection, a modem connection, a network connection, an email, and an Internet connection.

4. The method of claim 1, further comprising generating the transaction itemization detail data.

5. The method of claim 4, wherein generating the transaction itemization detail further comprises generating an image of a receipt associated with the transaction.

6. The method of claim 4, wherein generating the transaction itemization detail further comprises generating a text file including data related to items purchased in the transaction.

7. The method of claim 4, wherein generating the transaction itemization detail further comprises generating an image of a signature of an account user initiating the transaction.

8. The method of claim 1, wherein a plurality of users are authorized to access the account, and the method further comprises:

generating identification data associated with a selected one of the users initiating the transaction; and

sending the identification data to the owner of the account.

10. The method of claim 1, wherein sending the itemization detail data further comprises sending the itemization detail data responsive to the authorization entity approving the authorization request.

11. The method of claim 1, wherein sending the itemization detail data further comprises sending the itemization detail data coincident with the authorization request.

12. A method, comprising:

processing a transaction for accessing an account at a first location;

generating transaction detail data associated with the transaction; and

communicating the transaction detail data to an owner of the account remote from the first location.

13. The method of claim 12, wherein communicating the itemization detail data further comprises sending the itemization detail data via at least one of a facsimile connection, a modem connection, a network connection, an email, and an Internet connection.

14. The method of claim 12, wherein generating the transaction itemization detail, further comprises generating at least one of an image of a receipt associated with the transaction, a text file including data related to items purchased in the transaction, and an image of a signature of an account user initiating the transaction.

15. A system for processing transactions comprising:

a vendor entity adapted to initiate a transaction to access an account, generate an authorization request, and generate itemization detail data associated with the transaction; and

an authorization entity associated with the account and adapted to the receive authorization request, receive the itemization detail data from the vendor entity, and route at least the itemization detail data to an owner of the account.

16. The system of claim 15, wherein one of the vendor entity and the authorization entity is adapted to generate a transaction detail report including the itemization detail data and transaction summary data, and the authorization entity is adapted to sending the transaction detail report to the owner of the account.

17. The system of claim 15, wherein the authorization unit is adapted to send the itemization detail data to the owner via at least one of a facsimile connection, a modem connection, a network connection, an email, and an Internet connection.

18. The system of claim 15, wherein the vendor entity is further adapted to generate the transaction itemization detail data.

19. The system of claim 18, wherein the transaction itemization detail further comprises an image of a receipt associated with the transaction.

20. The system of claim 18, wherein the transaction itemization detail further comprises a text file including data related to items purchased in the transaction.

21. The system of claim 18, wherein the transaction itemization detail further comprises an image of a signature of an account user initiating the transaction.

22. The system of claim 15, wherein a plurality of users are authorized to access the account, and the transaction itemization detail comprises identification data associated with a selected one of the users initiating the transaction.

23. The system of claim 15, wherein the authorization entity is further adapted to approve the authorization request and the vendor entity is adapted to send the itemization detail data to the authorization entity responsive to the approval of the authorization request.

24. The system of claim 15, wherein the vendor entity is adapted to send the itemization detail data to the authorization entity coincident with the authorization request.

25. A system, comprising:

a communications network; and

a first entity configured to process a transaction for accessing an account at a first location, generate transaction detail data associated with the transaction; and

communicate the transaction detail data over the communications network to an owner of the account remote from the first location.

26. The system of claim 25, wherein the first entity is adapted to communicate the transaction detail data to the owner over at least one of a facsimile connection, a modem connection, a network connection, an email, and an Internet connection.

27. The system of claim 25, wherein the transaction itemization detail includes at least one of an image of a receipt associated with the transaction, a text file including data related to items purchased in the transaction, and an image of a signature of an account user initiating the transaction.

28. A system, for processing transactions, comprising:

means for initiating a transaction to access an account;

means for sending an authorization request to an authorization entity associated with the account;

means for sending itemization detail data associated with the transaction to the authorization entity; and

means for routing at least the itemization detail data to an owner of the account.

29. A system, comprising:

means for processing a transaction for accessing an account at a first location;

means for generating transaction detail data associated with the transaction; and

means for communicating the transaction detail data to an owner of the account remote from the first location.