METHOD AND SYSTEM FOR MANAGING A NON-CHANGING PAYMENT CARD ACCOUNT NUMBER

• US 20080228646A1
• Filed: 10/02/2007
• Published: 09/18/2008
• Est. Priority Date: 10/04/2006
• Status: Abandoned Application

• Current Assignee: Mastercard International Incorporated (MasterCard Incorporated)
• Original Assignee: Mastercard International Incorporated (MasterCard Incorporated)
• Inventors: Myers, James R., Burbridge, Beverly Y., Ameiss, Michael S.
• Application Number:
  US11/866,357
• Publication Number:
  US 20080228646A1
• Time in Patent Office: Days
• US Class Current: 705/41
• CPC Class Codes: G06Q 10/06 Resources, workflows, human or project management; Enterprise or organisation planning; Enterprise or organisation modelling
• CPC Class Codes: G06Q 20/04 Payment circuits
• CPC Class Codes: G06Q 20/105 involving programming of a portable memory device, e.g. IC cards, "electronic purses"

Abstract

The present invention provides a method and system for managing a cardholder'"'"'s payment card account having a non-changing account number associated with a payment card, the method comprising the steps of assigning a series of dynamic attributes to an account number, identifying the payment card account, and changing the dynamic attributes of the account number without changing the account number.

Claims

1. A method for managing a cardholder'"'"'s payment card account having a non-changing account number associated with a payment card, the method comprising the steps of:

assigning a series of dynamic attributes to an account number;

identifying the payment card account; and

changing the dynamic attributes of the account number without changing the account number.

2. The method of claim 1, wherein:

the account number has 16 digits; and

the step of identifying the payment card account comprises analyzing all 16 digits of the account number.

3. The method of claim 1, further comprising the step of managing a flow of processing activities based on the dynamic attributes of the account number instead of managing the flow of processing activities based on the digits of the account number.

4. The method of claim 1, wherein the step of changing the dynamic attributes of the account number involves changing one or more parameter selected from the group consisting of pricing changes, feature changes, service changes, or changes in the name of a portfolio.

5. The method of claim 4, wherein the parameter changes comprise new product information in the form of an account category code or a product code.

6. The method of claim 1, further comprising the step of providing a new payment card to the cardholder including the dynamic parameter changes.

7. The method of claim 6, wherein the new payment card includes the same account number as the cardholder'"'"'s original payment card.

8. The method of claim 1, wherein the method is implemented using a payment card system including an authorization system, a clearing system, and a database.

9. The method of claim 8, further comprising the step of updating the database of the payment card system.

10. The method of claim 8, wherein the payment card system is configured to execute all processing, data capture, and data storage at a single account number level.

11. A method for managing a cardholder'"'"'s payment card account having a non-changing account number associated with a payment card, the method comprising the steps of:

assigning a series of dynamic attributes to an account number having 16 digits;

identifying the payment card account by analyzing all 16 digits of the account number;

managing a flow of processing activities based on the dynamic attributes of the account number; and

changing the dynamic attributes of the account number without changing the account number.

12. The method of claim 11, further comprising the step of providing a new payment card to the cardholder including the dynamic attribute changes.

13. The method of claim 11, wherein the method is implemented using a payment card system including an authorization system, a clearing system, and a database.

14. The method of claim 13, further comprising the step of updating the database of the payment card system.

15. The method of claim 13, wherein the payment card system is configured to execute all processing, data capture, and data storage at a single account number level.

16. The method of claim 11, wherein the step of changing the dynamic attributes of the account number involves changing one or more parameter selected from the group consisting of pricing changes, feature changes, service changes, or changes in the name of a portfolio.

17. The method of claim 16, wherein the parameter changes comprise new product information in the form of an account category code or a product code.

18. A method for managing a cardholder'"'"'s payment card account having a non-changing account number associated with a payment card, wherein the method is implemented using a payment card system including an authorization system, a clearing system, and a database, the method comprising the steps of:

assigning a series of dynamic attributes to an account number having 16 digits;

identifying the payment card account by analyzing all 16 digits of the account number;

managing a flow of processing activities based on the dynamic attributes of the account number;

changing the dynamic attributes of the account number without changing the account number; and

updating the database of the payment card system.

19. The method of claim 18, further comprising the step of providing a new payment card to the cardholder including the dynamic parameter changes

20. The method of claim 18, wherein the payment card system is configured to execute all processing, data capture, and data storage at a single account number level.

21. The method of claim 18, wherein the step of changing the dynamic attributes of the account number involves changing one or more parameter selected from the group consisting of pricing changes, feature changes, service changes, or changes in the name of a portfolio.

22. The method of claim 21, wherein the parameter changes comprise new product information in the form of an account category code or a product code.