PAYMENT INFORMATION TECHNOLOGIES

• US 20140214654A1
• Filed: 01/27/2014
• Published: 07/31/2014
• Est. Priority Date: 01/27/2013
• Status: Active Grant

• Current Assignee: Barry Greenbaum, Roman Tsibulevskiy
• Original Assignee: Barry Greenbaum, Roman Tsibulevskiy
• Inventors: Greenbaum, Barry, Tsibulevskiy, Roman
• Granted Patent: US 9,947,007 B2
• Time in Patent Office: Days
• US Class Current: 705/39
• CPC Class Codes: G06Q 20/00 Payment architectures, schemes or protocols apparatus for performing or posting payment transactions G07F7/08, G07F19/00; electronic cash registers G07G1/12
• CPC Class Codes: G06Q 20/321 using wearable devices
• CPC Class Codes: G06Q 20/34 using cards, e.g. integrated circuit [IC] cards or magnetic cards

Abstract

A method includes maintaining first payment card information for a cardholder. The method includes processing a first card not present transaction between the cardholder and a merchant. The first transaction based at least in part on the first information. The method includes generating second payment card information for the cardholder. The second information replacing the first information for subsequent use via the cardholder. The method includes receiving an input from the cardholder. The input indicating the merchant. The input based at least in part on the second information replacing the first information. The method includes sending the second information to the merchant based at least in part on the input. The method includes processing a second card not present transaction between the cardholder and the merchant. The second transaction based at least in part on the second information after the sending.

Claims

1. A method comprising:

maintaining, via a payment card issuer computer system, first payment card information for a cardholder;

processing, via said system, a first card not present transaction between said cardholder and a merchant, said first transaction based at least in part on said first information;

generating, via said system, second payment card information for said cardholder, said second information replacing said first information for subsequent use via said cardholder;

receiving, via said system, an input from said cardholder, said input indicating said merchant, said input based at least in part on said second information replacing said first information;

sending, via said system, said second information to said merchant based at least in part on said input;

processing, via said system, a second card not present transaction between said cardholder and said merchant, said second transaction based at least in part on said second information after said sending.

2. The method of claim 1, further comprising:

receiving, via said system, a message from said merchant, said message confirming a receipt of said second information based at least in part on said sending.

3. The method of claim 1, further comprising:

receiving, via said system, a message from said merchant, said message confirming a storage of said second information on a storage medium associated with said merchant.

4. The method of claim 1, further comprising:

providing, via said system, a transaction history to said cardholder, said history associated with said first information, said input via selecting said merchant based at least in part on said history.

5. The method of claim 1, wherein said input includes an alphanumeric text.

6. The method of claim 1, further comprising:

maintaining, via said system, a transaction history associated with said first information;

providing, via said system, a list to said cardholder, said list including a plurality of merchants, said merchants including said merchant, said list generated based at least in part on a computerized analysis of said history, said input via selecting said merchant from said merchants based at least in part on said list.

7. The method of claim 6, wherein said analysis is based at least in part on at least one of a frequency of use, an amount per transaction, and a total amount spent per merchant.

8. The method of claim 1, further comprising:

providing a software module via a payment card issuer to said merchant before said sending, said module configured for receiving said second information based at least in part on said sending.

9. A method comprising:

maintaining, via a payment card issuer computer system, first payment card information for a cardholder, said first information associated with a transaction history;

processing, via said system, a first card not present transaction between said cardholder and a merchant, said first transaction based at least in part on said first information, said history listing said first transaction;

generating, via said system, second payment card information for said cardholder, said second information replacing said first information for subsequent use via said cardholder;

selecting, via said system, said merchant from said history based at least in part on said first transaction, said selecting based at least in part on said second information replacing said first information;

sending, via said system, said second information to said merchant based at least in part on said selecting;

processing, via said system, a second card not present transaction between said cardholder and said merchant, said second transaction based at least in part on said second information after said sending.

10. The method of claim 9, further comprising:

requesting, via said system, an authorization from said cardholder for said sending.

11. The method of claim 9, further comprising:

receiving, via said system, a message from said merchant, said message confirming a receipt of said second information based at least in part on said sending.

12. The method of claim 9, further comprising:

receiving, via said system, a message from said merchant, said message confirming a storage of said second information on a storage medium associated with said merchant.

13. The method of claim 9, wherein said selecting is based at least in part on a computerized analysis of said history, said analysis is based at least in part on at least one of a frequency of use, an amount per transaction, and a total amount spent per merchant.

14. The method of claim 9, further comprising:

providing a software module via a payment card issuer to said merchant before said sending, said module configured for receiving said second information based at least in part on said sending.

15. The method of claim 9, further comprising:

receiving, via said system, an input from said cardholder, said input modifying a selection of said merchant based at least in part on said selecting.

16. The method of claim 9, further comprising:

receiving, via said system, an input from said cardholder, said input confirming said selecting.

17. The method of claim 9, further comprising:

providing, via said system, a list to said cardholder, said list including a plurality of merchants, said merchants including said merchant, said list generated based at least in part on said selecting;

receiving, via said system, an input from said cardholder, said input electing said merchant on said list for said sending.

18. The method of claim 9, further comprising:

receiving, via said system, an input from said cardholder, said input providing an identification of said merchant.