Method and Apparatus for Simplifying the Handling of Complex Payment Transactions

• US 20150332268A1
• Filed: 07/30/2015
• Published: 11/19/2015
• Est. Priority Date: 02/14/2008
• Status: Active Grant

• Current Assignee: Mastercard International Incorporated (MasterCard Incorporated)
• Original Assignee: Mastercard International Incorporated (MasterCard Incorporated)
• Inventors: Cowen, MICHAEL J.
• Granted Patent: US 10,521,797 B2
• Time in Patent Office: Days
• US Class Current: 1/1
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/204 comprising interface for record bearing medium or carrier for electronic funds transfer or payment credit
• CPC Class Codes: G06Q 20/4037 Remote solvency checks
• CPC Class Codes: G06Q 20/405 Establishing or using transaction specific rules
• CPC Class Codes: G06Q 30/0284 Time or distance, e.g. usage of parking meters or taximeters
• CPC Class Codes: G07B 15/04 comprising devices to free a barrier, turnstile, or the like turnstiles with registering means G07C9/10; coin-freed aspects G07F17/00

Abstract

A predetermined amount, which may, in general, be zero, less than, the same as, or greater than a (yet-to-be-determined) final transaction amount, is charged upon first presentation of a payment device to a merchant. A final transaction amount is calculated, preferably at a central server, subsequent to the first presentation. A variable adjustment value is calculated, preferably at the central server, by comparing the predetermined amount already charged with the final transaction amount. A new predetermined amount charged, upon a subsequent presentation of the payment device, is modified by the variable adjustment value.

Claims

1. A method for payment with a payment device when a final transaction amount is not known upon first presentation of said payment device to a merchant, said method comprising the steps of:

charging a predetermined amount upon said first presentation, using at least one hardware processor;

calculating said final transaction amount, using said at least one hardware processor and subsequent to said first presentation, said calculated final transaction amount being calculated at a central server;

calculating a variable adjustment value using said at least one hardware processor by comparing said predetermined amount already charged with said final transaction amount, said calculated variable adjustment value being calculated at said central server; and

modifying a new predetermined amount charged, upon a subsequent presentation of said payment device for a subsequent transaction, by said variable adjustment value, using said at least one hardware processor;

wherein;

said payment device has a monetary balance stored thereon in a first non-transitory computer-readable medium;

said first presentation comprises entry to an environment and said predetermined amount is charged against said monetary balance stored on said payment device;

further comprising the additional step of checking out of said environment, using said payment device;

wherein;

said final transaction amount is calculated at said central server, after said checking out, based at least in part on said first presentation and said checking out; and

said new predetermined amount charged is charged against said monetary balance stored on said payment device.

2. The method of claim 1, wherein said at least one hardware processor comprises a first processor located on said central server, a second hardware processor, and a third hardware processor, wherein:

said step of charging said predetermined amount upon said first presentation is carried out by a reader module, embodied in a second non-transitory computer readable medium, executing upon said second hardware processor, said second hardware processor being associated with a terminal;

said step of calculating said final transaction amount, subsequent to said first presentation, is carried out by said first processor located on said central server;

said step of calculating said variable adjustment value is carried out by said central server; and

said step of modifying said new predetermined amount charged, upon said next presentation of said payment device, is carried out by said third hardware processor, said third hardware processor being located on a front end communications processor.

3. The method of claim 2, wherein said system further comprises a gate assembly, said gate assembly comprising said second hardware processor associated with said terminal, further comprising opening said gate assembly upon said first presentation.

4. The method of claim 2, wherein said modifying comprises initially charging said predetermined amount, less said variable adjustment value, for said subsequent transaction.

5. The method of claim 2, further comprising the additional step of applying a value of zero to said variable adjustment value in a case where a user of said device fails to check out of said environment, wherein a maximum fee is applicable in said case where said user fails to check out, and wherein said applying said value of zero is carried out by said central server.

6. The method of claim 2, further comprising the additional step of initializing said variable adjustment value to a maximum fee less a minimum fee, prior to said first presentation, whereby a user of said device having a balance at least equal to said minimum fee may enter said environment upon said first presentation of said device, said initializing of said variable adjustment value being carried out by said central server.

7. The method of claim 1, wherein, in said step of modifying said new predetermined amount charged, said subsequent transaction is with said merchant.

8. An apparatus for payment with a payment device when a final transaction amount is not known upon first presentation of said payment device to a merchant, said apparatus comprising:

a memory; and

at least one processor, coupled to said memory, and operative to;

facilitate charging a predetermined amount upon said first presentation;

facilitate calculating said final transaction amount subsequent to said first presentation, said calculated final transaction amount being calculated at a central server;

facilitate calculating a variable adjustment value by comparing said predetermined amount already charged with said final transaction amount, said calculated variable adjustment value being calculated at said central server; and

facilitate modifying a new predetermined amount charged, upon a subsequent presentation of said payment device for a subsequent transaction, by said variable adjustment value;

wherein;

said at least one processor comprises a processor located on said central server, a first entrance terminal processor coupled to said processor located on said central server, a second entrance terminal processor coupled to said processor located on said central server, and an exit terminal processor coupled to said processor located on said central server;

said apparatus is configured for operation with said payment device, said payment device having a monetary balance stored thereon in a first non-transitory computer-readable medium;

said first presentation comprises entry to an environment and said predetermined amount is charged against said monetary balance stored on said payment device, by said first entrance terminal processor;

said exit terminal processor is operative to check a holder of said payment apparatus out of said environment, using said payment device;

wherein;

said final transaction amount is calculated by said processor located on said central server, after said checking out, based on said first presentation and said checking out;

said variable adjustment value is calculated by said processor located on said central server; and

said new predetermined amount charged is charged against said monetary balance stored on said payment device by said second entrance terminal processor.

9. The apparatus of claim 8, wherein said apparatus further comprises a gate assembly, said gate assembly comprising said first entrance terminal processor, said first entrance terminal processor being operative to facilitate opening said gate assembly upon said first presentation.

10. The apparatus of claim 8, wherein said at least one processor is operative to modify said new predetermined amount charged by initially charging said predetermined amount, less said variable adjustment value, for said subsequent transaction.

11. The apparatus of claim 8, wherein said at least one processor is operative to apply a value of zero to said variable adjustment value in a case where a user of said device fails to check out of said environment, wherein a maximum fee is applicable in said case where said user fails to check out, and wherein said applying of said value of zero is carried out by said processor located on said central server.

12. The apparatus of claim 8, wherein said processor located on said central server is operative to initialize said variable adjustment value to said maximum fee less a minimum fee, prior to said first presentation, whereby a user of said device having a balance at least equal to said minimum fee may enter said environment upon said first presentation of said device, said initializing of said variable adjustment value being carried out by said processor located on said central server.

13. The apparatus of claim 8, wherein said at least one processor is operative to facilitate modifying said new predetermined amount charged, upon said subsequent presentation of said payment device for said subsequent transaction, by said variable adjustment value, with said subsequent transaction being with said merchant.

14. A non-transitory computer readable medium comprising computer executable instructions which when executed by at least one hardware processor cause the at least one hardware processor to perform a method for payment with a payment device when a final transaction amount is not known upon first presentation of said payment device to a merchant, said method comprising the steps of:

charging a predetermined amount upon said first presentation;

calculating said final transaction amount, subsequent to said first presentation, said calculated final transaction amount being calculated at a central server;

calculating a variable adjustment value by comparing said predetermined amount already charged with said final transaction amount, said calculated variable adjustment value being calculated at said central server; and

modifying a new predetermined amount charged, upon a subsequent presentation of said payment device for a subsequent transaction, by said variable adjustment value;

wherein;

said payment device has a monetary balance stored thereon in a first non-transitory computer-readable medium;

said first presentation comprises entry to an environment and said predetermined amount is charged against said monetary balance stored on said payment device;

said method further comprises checking out of said environment, using said payment device;

wherein;

said final transaction amount is calculated at said central server, after said checking out, based at least in part on said first presentation and said checking out; and

said new predetermined amount charged is charged against said monetary balance stored on said payment device.

15. The non-transitory computer readable medium of claim 14, wherein:

the at least one hardware processor on which the instructions are executable comprises a first hardware processor located on said central server, a second hardware processor, and a third hardware processor;

said step of charging said predetermined amount upon said first presentation is carried out by a reader module, embodied on a second non-transitory computer readable medium, executing upon said second hardware processor, said second hardware processor being associated with a terminal;

said step of calculating said final transaction amount, subsequent to said first presentation, is carried out by said first processor located on said central server;

said step of calculating said variable adjustment value is carried out by said central server; and

said step of modifying said new predetermined amount charged, upon said next presentation of said payment device, is carried out by said third hardware processor, said third hardware processor being located on a front end communications processor.

16. The non-transitory computer readable medium of claim 14, wherein, in said step of modifying said new predetermined amount charged, said subsequent transaction is with said merchant.