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MERCHANT SPECIFIED USAGE SCHEME IN FINANCIAL TRANSACTIONS

  • US 20090164314A1
  • Filed: 12/21/2007
  • Published: 06/25/2009
  • Est. Priority Date: 12/21/2007
  • Status: Abandoned Application
First Claim
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1. A method of implementing a merchant specified usage scheme comprising:

  • obtaining an identifier from a transaction device associating the transaction device with an entity;

    verifying at least a portion of the identifier against a merchant identification code; and

    determining whether a holder of the transaction device receives a benefit of the merchant specified usage scheme based on the verification.

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