SYSTEMS AND METHODS FOR MULTI-PURSE DEBIT CARD

• US 20170024728A1
• Filed: 07/22/2015
• Published: 01/26/2017
• Est. Priority Date: 07/22/2015
• Status: Active Grant

• Current Assignee: Alegeus Technologies, LLC (Alegeus Technologies Holdings Corp.)
• Original Assignee: Alegeus Technologies, LLC (Alegeus Technologies Holdings Corp.)
• Inventors: Bull, John, Rodkey, Chris
• Granted Patent: US 11,244,405 B2
• Time in Patent Office: Days
• US Class Current: 1/1
• CPC Class Codes: G06Q 20/12 specially adapted for electronic shopping systems
• CPC Class Codes: G06Q 20/3572 Multiple accounts on card
• CPC Class Codes: G06Q 40/10 Tax strategies

Abstract

The present disclosure is directed to conducting electronic transactions via a computer network. A server receives data packets carrying data identifying a merchant category, an electronic account maintained and configured on the server, and a first monetary amount of a first electronic transaction. A first device generates the data packets at the merchant to conduct the electronic transaction. A policy engine selects a first purse of a plurality of purses allocated to the electronic account based on a policy applied to the data. The first purse may be configured as a benefits purse. The server obtains the first monetary amount of the electronic transaction from the first purse. The policy engine applies a second policy to the data to determine a reimbursement amount based on the first monetary amount of the transaction, and electronically provides the reimbursement amount to a different second purse of the electronic account.

Claims

1. A method of conducting electronic transactions via a computer network, comprising:

receiving, by a communications interface executing on one or more processors of a server via a network protocol, a first one or more data packets generated by a first device at a first merchant to conduct a first electronic transaction at the first merchant, the first one or more data packets carrying data identifying a first merchant category of the first merchant, an electronic account maintained and configured on the server, and a first monetary amount of the first electronic transaction;

selecting, by a policy engine executing on the one or more processors of the server, a first purse of a plurality of purses allocated to the electronic account maintained by the server based on a first policy applied to the data, the first purse configured as a purse with funds exempt from payroll tax deductions to be used to conduct approved transactions;

obtaining, by the server, the first monetary amount of the first electronic transaction from the first purse of the electronic account;

applying, by the policy engine, a second policy to the data to determine a reimbursement amount based on the first monetary amount of the transaction; and

electronically providing, by the server via the computer network, the reimbursement amount to a second purse of the electronic account, the second purse different from the first purse.

2. The method of claim 1, further comprising:

selecting, by the server, the first purse based on the first policy applied to the first merchant category.

3. The method of claim 1, further comprising:

providing, by the server, a real-time notification of the reimbursement amount responsive to transferring the reimbursement amount to the second purse of the electronic account.

4. The method of claim 1, further comprising:

determining, by the policy engine, that the first purse of the electronic purse is configured for prescription purchases; and

selecting, by the server, the first purse responsive to determining that the first merchant is a prescription provider based on the first merchant category.

5. The method of claim 1, further comprising:

receiving, by the server, a second one or more data packets generated by a second device at a second merchant to conduct a second electronic transaction at the second merchant, the second one or more data packets carrying second data indicating a second merchant category of the second merchant, the electronic account, and a second monetary amount of the second electronic transaction;

selecting, by the policy engine using the first policy, the second purse of the electronic account based on the second merchant category; and

providing, by the server, an indication to use the second account for at least a portion of the secondary monetary amount.

6. The method of claim 5, further comprising:

selecting, by the server, the first account for a first portion of the second monetary amount based on the second merchant category matching the first account; and

selecting, by the server, the second account for a second portion of the second monetary amount based on an available balance in the first account being less than the second monetary amount of the second transaction.

7. The method of claim 5, further comprising:

selecting, by the server, the second purse responsive to determining that the first purse is not configured for the second merchant category of the second merchant.

8. The method of claim 5, further comprising:

mapping, by the server using the first policy, the first merchant to the first purse based on the first merchant category and a first configuration of the first purse; and

mapping, by the server using the first policy, the second merchant to the second purse based on the second merchant category and a second configuration of the second purse.

9. The method of claim 1, further comprising:

retrieving, by the server from a policy repository stored in memory, the second policy using an identifier of the electronic account.

10. The method of claim 1, further comprising:

accessing, by the server, a data record in memory for the electronic account, the data record comprising, a first available amount and a first configuration for the first purse, and a second available amount and a second configuration for the second purse;

determining, by the server based on the first available amount and the first configuration, to use the first purse for the first electronic transaction;

determining, by the server based on the first available amount and the first configuration, not to use the second purse for the first electronic transaction;

determining, by the server based on the first configuration, not to use the first purse for a second electronic transaction; and

determining, by the server based on the second available amount and the second configuration, to use the second purse for the second electronic transaction.

11. The method of claim 1, further comprising:

receiving, by the server, a request from a client device for information about the electronic account;

authenticating, by the server, the request from the client device using credentials associated with the request;

accessing, by the server, a data record in memory for the electronic account, the data record comprising a first available amount for the first purse, and a second available amount for the second purse; and

providing, by the server for display on the client device, a report indicating the first available amount and the second available amount.

12. The method of claim 11, further comprising:

receiving, by the server, the request via a Short Message Service protocol from the client device, wherein the client device comprises a mobile telecommunications device; and

providing, by the server, the report via at least one of the Short Message Service protocol or an electronic mail protocol.

13. A system to conduct electronic transactions via a computer network, comprising:

a server comprising one or more processors and a communications interface that receive, via a network protocol, a first one or more data packets generated by a first device at a first merchant to conduct a first electronic transaction at the first merchant, the first one or more data packets carrying data identifying a first merchant category of the first merchant, an electronic account, and a first monetary amount of the first electronic transaction;

a policy engine of the server that selects a first purse of a plurality of purses allocated to the electronic account maintained by the server based on a first policy applied to the data, the first purse configured as a purse with funds exempt from payroll tax deductions to be used to conduct approved transactions;

a transaction engine of the server that obtains the first monetary amount of the first electronic transaction from the first purse of the electronic account;

the policy engine applies a second policy to the data to determine a reimbursement amount based on the first monetary amount of the transaction; and

the transaction engine provides, via the computer network, the reimbursement amount to a second purse of the electronic account, the second purse different from the first purse.

14. The system of claim 13, wherein the server is further configured to:

providing, by the server, a real-time notification of the reimbursement amount responsive to transferring the reimbursement amount to the second purse of the electronic account.

15. The system of claim 13, wherein the server is further configured to:

determine that the first purse of the electronic purse is configured for prescription purchases; and

select the first purse responsive to determining that the first merchant is a prescription provider based on the first merchant category.

16. The system of claim 13, wherein the server is further configured to:

receive a second one or more data packets generated by a second device at a second merchant to conduct a second electronic transaction at the second merchant, the second one or more data packets carrying second data indicating a second merchant category of the second merchant, the electronic account, and a second monetary amount of the second electronic transaction;

select, using the first policy, the second purse of the electronic account based on the second merchant category; and

provide an indication to use the second account for at least a portion of the secondary monetary amount.

17. The system of claim 16, wherein the server is further configured to:

selecting, by the server, the second purse responsive to determining that the first purse is not configured for the second merchant category of the second merchant.

18. The system of claim 16, wherein the server is further configured to:

map, using the first policy, the first merchant to the first purse based on the first merchant category and a first configuration of the first purse; and

map, using the first policy, the second merchant to the second purse based on the second merchant category and a second configuration of the second purse.

19. The system of claim 13, wherein the server is further configured to:

access a data record in memory for the electronic account, the data record comprising, a first available amount and a first configuration for the first purse, and a second available amount and a second configuration for the second purse;

determine, based on the first available amount and the first configuration, to use the first purse for the first electronic transaction;

determine, based on the first available amount and the first configuration, not to use the second purse for the first electronic transaction;

determine, based on the first configuration, not to use the first purse for a second electronic transaction; and

determine, based on the second available amount and the second configuration, to use the second purse for the second electronic transaction.

20. The system of claim 13, wherein the server is further configured to:

receive a request from a client device for information about the electronic account;

authenticate the request from the client device using credentials associated with the request;

access a data record in memory for the electronic account, the data record comprising a first available amount for the first purse, and a second available amount for the second purse; and

provide, for display on the client device, a report indicating the first available amount and the second available amount.