PAYMENT ACCOUNT PROCESSING WHICH CONVEYS FINANCIAL TRANSACTION DATA AND NON FINANCIAL TRANSACTION DATA
First Claim
1. In a payment processing system in which a transaction expeditor processes a plurality of financial transactions each characterized by a consumer and a merchant engaging in a given financial transaction upon an account within the payment processing system, wherein an issuer has issued the account to the consumer, and wherein the merchant submits the given financial transaction to an acquirer for processing by the transaction expeditor that requests the issuer to disburse funds from the consumer for the given financial transaction, and wherein the issuer sends the funds to the transaction expeditor that forwards the funds to the acquirer to disburse the funds to the merchant for the given financial transaction, a computer-implemented method comprising:
- the acquirer issuing;
financial transaction data related to a purchase of an item by the consumer at a merchant; and
non-financial transaction data;
the transaction expeditor conveying the financial transaction data from the acquirer to the issuer;
the issuer determining from the financial transaction data whether to authorize the purchase of the item using the account issued to the consumer; and
the transaction expeditor conveying the non-financial transaction data from the acquirer to a recipient connected to the payment processing system.
1 Assignment
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Accused Products
Abstract
A payment processing system enables a consumer to purchase items at a merchant using an account provided by an issuer. Financial data related to payment for the purchase are sent by the merchant through an acquirer and a transaction expeditor to the issuer. The issuer responds by determining whether to authorize the purchase and if authorized, sends a notification back to the merchant. The acquirer also issues non-financial data that is conveyed by the transaction expeditor to a recipient connected to the payment processing system. The financial and non-financial data for the same transaction may be sent in separate messages and a technique is provided for matching those messages at the recipient. Different types of non-financial data can be conveyed, such as identification of the items being purchased which the recipient uses to determine whether the consumer should receive a reward under a product purchase incentive program.
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Citations
30 Claims
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1. In a payment processing system in which a transaction expeditor processes a plurality of financial transactions each characterized by a consumer and a merchant engaging in a given financial transaction upon an account within the payment processing system, wherein an issuer has issued the account to the consumer, and wherein the merchant submits the given financial transaction to an acquirer for processing by the transaction expeditor that requests the issuer to disburse funds from the consumer for the given financial transaction, and wherein the issuer sends the funds to the transaction expeditor that forwards the funds to the acquirer to disburse the funds to the merchant for the given financial transaction, a computer-implemented method comprising:
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the acquirer issuing; financial transaction data related to a purchase of an item by the consumer at a merchant; and non-financial transaction data; the transaction expeditor conveying the financial transaction data from the acquirer to the issuer; the issuer determining from the financial transaction data whether to authorize the purchase of the item using the account issued to the consumer; and the transaction expeditor conveying the non-financial transaction data from the acquirer to a recipient connected to the payment processing system. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
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11. In a payment processing system in which issuers issue accounts to consumers, merchants have transactions in which consumers pay for purchases using the accounts, and a transaction handler communicates requests for authorization to use the accounts between the merchants and the issuers;
- a merchant comprising;
an apparatus for forming at least one transmission that includes; financial transaction data; related to a given transaction for which a given consumer desires to pay for purchase of an item using a given account issued to that given consumer; and requesting authorization for payment; and data identifying the item being purchased; and a receiver for other transmissions that carry an authorization to use the given account and information related to an incentive program reward being presented to the given consumer.
- a merchant comprising;
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12. A payment processing system for handing a request by a consumer to pay for a purchase of an item using an account issued to that consumer, the payment processing system comprising:
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a merchant which, in response to the request by the consumer to pay for the purchase using the account, transmits financial transaction data regarding an amount of the purchase, a designation of the account, and non-financial transaction data containing an identification of the item being purchased; a transaction handler that receives the financial transaction data from the merchant; an issuer of the account to the consumer, wherein the issuer receives the financial transaction data from the transaction handler, and sends a payment authorization through the transaction handler to the merchant; and an incentive program processor that receives the non-financial transaction data transmitted from the merchant and determines whether the purchase qualifies the consumer for a reward and if so, issues a reward notice. - View Dependent Claims (13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23)
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24. In a payment processing system in which a transaction handler processes a plurality of purchase transactions each characterized by a consumer and a merchant engaging in a given purchase transaction upon a payment account within the payment processing system, wherein an issuer has issued the payment account to the consumer, and wherein the merchant submits the given financial transaction to an acquirer for processing by the transaction handler that requests the issuer to disburse funds from the consumer for the given financial transaction, and wherein the issuer forwards the funds to the transaction expeditor which forwards the funds to the acquirer to disburse the funds to the merchant for the given financial transaction, a computer-implemented method comprising:
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the merchant issuing a request to the acquirer for non-purchase information; the acquirer sending the request to the transaction handler; the transaction handler forwarding the request to the issuer; the issuer replying to the request by sending the non-purchase information to the transaction handler; the transaction handler sending the non-purchase information to the acquirer; and the acquirer sending the non-purchase information to the merchant. - View Dependent Claims (25, 26, 27)
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28. In a payment processing system in which a transaction handler processes a plurality of purchase transactions each characterized by a consumer and a merchant engaging in a given purchase transaction upon an account within the payment processing system, wherein an issuer has issued the account to the consumer, and wherein the merchant submits the given financial transaction to an acquirer for processing by the transaction handler that requests the issuer to disburse funds from the consumer for the given financial transaction, and wherein the issuer sends the funds to the transaction expeditor which forwards the funds to the acquirer to disburse the funds to the merchant for the given financial transaction, the issuer comprising:
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a first mechanism for receiving a request from the transaction handler for non-purchase information related to an account; and a second mechanism for issuing to the transaction handler the non-purchase information related to an account. - View Dependent Claims (29, 30)
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Specification