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METHOD AND DEVICE FOR GENERATING A SINGLE-USE FINANCIAL ACCOUNT NUMBER

  • US 20100306105A1
  • Filed: 08/16/2010
  • Published: 12/02/2010
  • Est. Priority Date: 08/28/1997
  • Status: Active Application
First Claim
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1. A method for implementing a limited use credit card system, the method comprising:

  • allocating in a computer system a limited use credit card number constituting a different number than a customer account number of a user and functioning as an authorized substitute for the customer account number;

    associating in the computer system the limited use credit card number with the customer account number and a set of conditions defined by the user, wherein the customer account number is not limited to said user defined set of conditions;

    issuing the limited use credit card number;

    detecting in the computer system a transaction using the limited use credit card number;

    processing in the computer system the transaction in accordance with the set of conditions associated with limited use credit card number;

    processing in the computer system the transaction against the customer account number; and

    authorizing or not authorizing the transaction based on a result of said processing of both the limited use credit card number and the customer account number in the computer system.

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