×

Systems and Methods for Processing Payment Transactions

  • US 20130080328A1
  • Filed: 09/26/2012
  • Published: 03/28/2013
  • Est. Priority Date: 09/26/2011
  • Status: Active Grant
First Claim
Patent Images

1. A computer-implemented method for processing proposed transactions, the method comprising:

  • storing, by a service provider system comprising one or more computers, one or more issuer rules associated with the applicability of one or more payment accounts to proposed transaction;

    receiving, by the service provider system from a merchant computer, information associated with a proposed transaction, the information comprising one of an identification of a payment account or an identification of a consumer payment device;

    evaluating, by the service provider system utilizing the one or more issuer rules, the proposed transaction; and

    determining, by the service provider system based at least in part upon the evaluation, at least one of (i) a payment account to utilize in association with the proposed transaction or (ii) whether the proposed transaction will be approved or denied.

View all claims
  • 5 Assignments
Timeline View
Assignment View
    ×
    ×