PAYMENT ACCOUNT PROCESSING WHICH CONVEYS NON PURCHASE RELATED DATA EXCHANGES

• US 20100145855A1
• Filed: 12/03/2009
• Published: 06/10/2010
• Est. Priority Date: 12/06/2008
• Status: Abandoned Application

• Current Assignee: Visa USA, Inc. (Visa, Inc.)
• Original Assignee: Visa USA, Inc. (Visa, Inc.)
• Inventors: Fordyce, Edward W. III, Patterson, Barbara Elizabeth
• Application Number:
  US12/630,702
• Publication Number:
  US 20100145855A1
• Time in Patent Office: Days
• US Class Current: 705/44
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/40 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 30/04 Billing or invoicing

Abstract

An enhanced payment processing system is configured to process non-sales related requests. For example, such requests may pertain to a consumer'"'"'s application for a payment account, a request for identification of a payment account assigned to a specified consumer, a transfer of a monetary amount between two payment accounts, a payment to be applied to an account, and a change of an expiration date for a portable payment device. A merchant formulates a non-sales related request which is sent through the payment processing system to an account issuer. The account issuer receives the non-sales related request, complies with that request, and formulates a reply. The reply is sent back through the payment processing system to the merchant.

Claims

1. In a payment processing system in which a transaction expediter processes a plurality of sales transactions, each characterized by a consumer and a merchant engaging in a sales transaction upon an account that was provided to the consumer by an issuer, a method comprising a plurality of steps each being performed by hardware executing software, wherein the steps include:

formulating a non-sales related request;

conveying the non-sales related request through the payment processing system to a recipient; and

conveying a reply to the non-sales related request from the recipient through the payment processing system to an entity that formulated the non-sales related request.

2. The method as recited in claim 1, wherein the non-sales related request is an application from a consumer for an account.

3. The method as recited in claim 1, wherein the non-sales related request identifies a consumer and asks that an entity that formulated the non-sales related request be sent an identification of the account that previously was assigned to the consumer.

4. The method as recited in claim 1, wherein the non-sales related request specifies a transfer of a monetary amount from a first account within the payment processing system to a second account.

5. The method as recited in claim 4, wherein the first account and the second account are provided by a single issuer.

6. The method as recited in claim 4, wherein the first account is provided by a first issuer and the second account is provided by a second issuer.

7. The method as recited in claim 6, wherein the transaction expediter sends a message to the second issuer instructing that the monetary amount be debited to the second account, and sends another message to the first issuer instructing that the monetary amount be credited to the first account.

8. The method as recited in claim 7, wherein the transaction expediter sends the message to the first issuer after receiving a reply from the second issuer which acknowledges debiting the second account.

9. The method as recited in claim 1, wherein a merchant receives a payment to be applied to an account issued by an issuer, and the non-sales related request specifies an amount of money that is to be credited to that account.

10. The method as recited in claim 1, wherein the non-sales related request requests that an expiration date of a portable payment device be extended.

11. The method as recited in claim 10, wherein the reply indicates a new expiration date;

and further comprising the merchant recording the new expiration date on the portable payment device.

12. In a payment processing system in which a transaction expediter processes a plurality of sales transactions, each characterized by a consumer and a merchant engaging in a sales transaction upon an account provided to the consumer by an issuer, a method comprising a plurality of steps each being performed by hardware executing software, wherein the steps include:

an issuer receiving a non-sales related request that was sent by a merchant through the payment processing system;

the issuer performing acts in response to the non-sales related request;

the issuer formulating a reply related to the acts; and

the issuer sending the reply through the payment processing system.

13. The method as recited in claim 12, wherein the non-sales related request pertains to one of an application from a consumer for an account, a request for identification of an account assigned to a designated consumer, transferring a monetary amount between first and second accounts, a payment to be applied to an account, and changing an expiration date of a portable payment device.

14. The method as recited in claim 12, wherein the non-sales related request pertains to an application from a consumer for an account, and the reply indicates acceptance or denial of the application by the issuer.

15. The method as recited in claim 12, wherein the non-sales related request pertains to changing an expiration date for a portable payment device, and the reply indicates a new expiration date.

16. A computer readable medium comprising the software for the execution by the hardware to perform the steps recited in the method of claim 12.

17. In a payment processing system in which a transaction expediter processes a plurality of sales transactions each characterized by a consumer and a merchant engaging in a sales transaction upon an account within the payment processing system, wherein an issuer has provided the account to the consumer, a method comprising a plurality of steps each being performed by hardware executing software, wherein the steps include:

defining at least one restriction to be applied to transactions involving a given account, wherein the at least one restriction is non-monetary and non-temporal;

for a given transaction involving the given account, determining whether the given transaction conforms with each restriction; and

if the given transaction conforms with every restriction, approving the given transaction.

18. The method as recited in claim 17, wherein if the given transaction fails to conform with every restriction, rejecting the given transaction.

19. The method as recited in claim 17, wherein the at least one restriction limits use of the given account to one of a particular merchant, a group of merchants, a geographical territory, and a type of products and services.

20. The method as recited in claim 17, wherein the at least one restriction limits use of the given account to payment for products and/or services.

21. The method as recited in claim 17, wherein the at least one restriction limits use of the given account to one of or a combination of face-to-face transactions, electronic commerce transactions, transactions in which a portable payment device is shown to the merchant, and telephonic transactions.

22. A computer readable medium comprising the software for the execution by the hardware to perform the steps recited in the method of claim 17.