SYSTEMS AND METHODS FOR TRANSACTION PROCESSING USING A SMARTCARD

• US 20090289106A1
• Filed: 07/17/2009
• Published: 11/26/2009
• Est. Priority Date: 11/05/1999
• Status: Active Grant

• Current Assignee: Liberty Peak Ventures, LLC (Dominion Harbor Enterprises, LLC)
• Original Assignee: American Express Travel Related Services Company, Inc. (American Express Company)
• Inventors: Bishop, Fred, Seth, Hitesh, Morgan, Robert E.
• Granted Patent: US 8,851,369 B2
• Time in Patent Office: Days
• US Class Current: 235/379
• CPC Class Codes: G06Q 20/02 involving a neutral party, e.g. certification authority, notary or trusted third party [TTP]
• CPC Class Codes: G06Q 20/04 Payment circuits
• CPC Class Codes: G06Q 20/12 specially adapted for electronic shopping systems
• CPC Class Codes: G06Q 20/20 Point-of-sale [POS] network systems
• CPC Class Codes: G06Q 20/403 Solvency checks

Abstract

Facilitating commercial transactions using a payment system directory are disclosed. A payment directory and/or wireless point of sale (POS) device may be configured to use predetermined rules, a multitude of data items and/or conditions to locate a payment system, and transmit a payment authorization request from a remote location to at least one payment system, either directly, or via a payment system directory and/or a SSL Gateway. A smartcard may function as a payment directory and/or a payment system.

Claims

1. A method, comprising:

receiving, at a smartcard, a payment request for a transaction;

determining, by the smartcard, a first payment system for processing at least a portion of the transaction;

transmitting, by the smartcard, an identification of the first payment system; and

receiving, by at least one of the smartcard or a point of service (POS) device, a first authorization response associated with the first authorization request.

2. The method of claim 1, wherein the smartcard comprises a payment directory.

3. The method of claim 1, wherein the payment request is received from a point of service (POS) device.

4. The method of claim 3, wherein the identification of the first payment system is received by the POS device and wherein the POS device transmits a first authorization request related to at least a portion of the transaction to the first payment system.

5. The method of claim 1, wherein the first authorization response is received from at least one of the payment directory computer or the first payment system.

6. The method or claim 1, wherein the transmitting an identification of the first payment system comprises transmitting a first authorization request related to at least a portion of the transaction.

7. The method of claim 6, wherein the first authorization request is transmitted to a POS device and wherein the POS device transmits the first authorization request to the first payment system.

8. The method of claim 1, wherein the first payment system is the smartcard.

9. The method of claim 8, further comprising determining by the smartcard that the smartcard should be reloaded.

10. The method of claim 9, wherein the determining that the smartcard should be reloaded comprises evaluating a rule based upon a third-party, wherein the third party comprises at least one of a cosigner on a transaction account associated with the smartcard, a parent associated with the account associated with the smartcard, an employer associated with the account associated with the smartcard, or a guarantor of an account associated with the smartcard.

11. The method of claim 8, further comprising determining by the smartcard that a balance associated with the smartcard is below a predetermined threshold.

12. The method of claim 9, wherein the transmitting an identification of the first payment system comprises transmitting a reload request for the smartcard.

13. The method of claim 12, wherein the first authorization response comprises an authorization to fund the transaction using the smartcard.

14. The method of claim 1, further comprising:

in response to the first authorization response indicating at least one of a decline or a partial authorization, determining, by the smartcard, a second payment system for processing at least a portion or the transaction;

transmitting, by the smartcard, an identification of the second payment system; and

receiving, by at least one of the smartcard or the point of service (POS) device a second authorization response associated with the second authorization request.

15. The method of claim 14, wherein a second authorization request related to at least a portion of the transaction is transmitted to the second payment system.

16. The method of claim 14, wherein the smartcard transmits the second authorization request to the POS device and wherein the second authorization response is received by the POS device.

17. The method of claim 1, wherein the smartcard is authenticated by the POS device.

18. The method of claim 17, wherein the authentication comprises a biometric authentication.

19. The method of claim 18, wherein the biometric authentication is enabled by a biometric sensor configured to detect a proffered biometric sample, the biometric sensor configured to communicate with the POS device;

and, wherein the proffered biometric sample is verified by at least on of the POS device, a biometric verification software module configured to be executed by the POS device or a biometric verification device in communication with the POS device.

20. The method of claim 19, wherein the biometric sample comprises data collected from at least one of:

a user'"'"'s voice, a finger, a face, a signature, a vascular pattern, a DNA, a hand, a sound, an olfactory, an iris, or a retina.

21. A method, comprising:

receiving, at a payment directory, a payment request for a transaction;

determining, by the payment directory, a payment system for processing at least a portion of the transaction, wherein the payment system comprises a smartcard;

transmitting, by the payment directory and to the payment system, an authorization request related to at least a portion of the transaction; and

receiving, at the payment directory and from the payment system, an authorization response associated with the authorization request.

22. The method of claim 21, wherein the payment directory is the smartcard.

23. The method of claim 22, wherein the smartcard comprises data that represents a monetary value and data that represents a rewards account value.

24. The method of claim 23, wherein the authorization response comprises monetary authorization to fund a first portion of the transaction using the monetary value and rewards authorization to fund a second portion of the transaction using the rewards account value.

25. A tangible computer-readable medium having computer-executable instructions stored thereon that, if executed by a computer, cause the computer to perform a method comprising:

receiving, at a smartcard, a payment request for a transaction;

determining, by the smartcard, a first payment system for processing at least a portion of the transaction;

transmitting, by the smartcard, an identification of the first payment system; and

receiving, by at least one of the smartcard or a point of service (POS) device, a first authorization response associated with the first authorization request.