METHOD AND SYSTEM FOR CROSS-ISSUER REGISTRATION OF TRANSACTION CARDS

• US 20080071680A1
• Filed: 09/14/2007
• Published: 03/20/2008
• Est. Priority Date: 09/15/2006
• Status: Active Grant

• Current Assignee: Visa USA, Inc. (Visa, Inc.)
• Original Assignee: Visa International Service Association (Visa, Inc.)
• Inventors: Sheets, John
• Granted Patent: US 7,865,434 B2
• Time in Patent Office: Days
• US Class Current: 705/39
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/102 Bill distribution or payments
• CPC Class Codes: G06Q 20/108 Remote banking, e.g. home banking
• CPC Class Codes: G06Q 20/24 Credit schemes, i.e. "pay after"
• CPC Class Codes: G06Q 20/40 Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
• CPC Class Codes: G06Q 20/403 Solvency checks
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/03 Credit; Loans; Processing thereof

Abstract

Disclosed herein is a method of providing one or more transaction card services to a holder of a transaction card, the method comprising receiving a registration code from the holder, wherein the registration code is associated with the issuer of the transaction card and with the transaction card, determining the issuer of the transaction card based on at least a portion of the registration code, transmitting the registration code to the issuer of the transaction card, receiving account information from the issuer, wherein the account information is associated with the registration code and with the transaction card, displaying at least a portion of the account information to the holder, receiving a verification value corresponding to the account information from the holder, and if the verification value is valid, permitting the holder to select one or more services in which to enroll.

Claims

1. A method of providing one or more transaction card services to a holder of a transaction card, the method comprising:

receiving a registration code from the holder, wherein the registration code is associated with the issuer of the transaction card and with the transaction card;

determining the issuer of the transaction card based on at least a portion of the registration code;

transmitting the registration code to the issuer of the transaction card;

receiving account information from the issuer, wherein the account information is associated with the registration code and with the transaction card;

displaying at least a portion of the account information to the holder;

receiving a verification value corresponding to the account information from the holder; and

if the verification value is valid, permitting the holder to select one or more services in which to enroll.

2. The method of claim 1, wherein the registration code was received by the holder from a transaction card issuer.

3. The method of claim 1, wherein the registration code is not correlated to the account information.

4. The method of claim 1, wherein the registration code includes an issuer code corresponding to an issuer of the transaction card.

5. The method of claim 1, further comprising receiving account setup information from the holder before receiving the registration code from the holder.

6. The method of claim 1, wherein the account information comprises an account identifier.

7. The method of claim 1, wherein the account information is received in encrypted form.

8. The method of claim 1, wherein a portion of the account information is masked to prevent the display of sensitive information.

9. The method of claim 1, wherein the verification value is the transaction card card verification value (CVV).

10. A system of providing one or more transaction card services to a holder of a transaction card, the system comprising:

an issuer system for generating a registration code at the issuer system based on the holder'"'"'s account information, and transmitting the registration code to the holder; and

an association system for

receiving a registration code from the holder, wherein the registration code is associated with the issuer of the transaction card and with the transaction card;

determining the issuer of the transaction card based on at least a portion of the registration code;

transmitting the registration code to the issuer system;

receiving account information from the issuer system, wherein the account information is associated with the registration code and with the transaction card;

displaying at least a portion of the account information to the holder;

receiving a verification value corresponding to the account information from the holder; and

if the verification value is valid, permitting the holder to select one or more services in which to enroll.

11. The system of claim 10, wherein the registration code is not correlated to the account information.

12. The system of claim 10, wherein the registration code includes an issuer code corresponding to an issuer of the transaction card.

13. The system of claim 10, wherein the association system further receives account setup information from the holder before receiving the registration code from the holder.

14. The system of claim 10, wherein the account information comprises an account identifier.

15. The system of claim 10, wherein the account information is received in encrypted form.

16. The system of claim 10, wherein a portion of the account information is masked to prevent the display of sensitive information.

17. The system of claim 10, wherein the verification value is the transaction card card verification value (CVV).

18. The system of claim 10, wherein the registration code is generated based upon the account information.

19. The system of claim 18, wherein the registration code is generated based upon the account identifier.

20. The system of claim 19, wherein the registration code is generated by:

extracting a portion of the account identifier;

creating a digest using the portion of the account identifier;

encrypting the digest; and

generating the registration code using the digest.