METHOD AND SYSTEM FOR VERIFICATION AT POINT OF SALE

• US 20170186005A1
• Filed: 12/29/2015
• Published: 06/29/2017
• Est. Priority Date: 12/29/2015
• Status: Active Grant

• Current Assignee: Mastercard International Incorporated (MasterCard Incorporated)
• Original Assignee: Mastercard International Incorporated (MasterCard Incorporated)
• Inventors: Vaidya, Roopa, Cardamone, Michael, Pitz, Cindi
• Granted Patent: US 10,650,383 B2
• Time in Patent Office: Days
• 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 20/227 characterised in that multiple accounts are available, e.g. to the payer
• CPC Class Codes: G06Q 20/405 Establishing or using transaction specific rules

Abstract

A method for consumer verification of a payment transaction that exceeds previously established account limitations includes: storing account profiles, each including data related to a transaction account including a primary account number and transaction controls; receiving a transaction message related to a payment transaction including a specific primary account number, a point of sale identifier, and one or more additional data elements configured to store transaction details; identifying a specific account profile that includes the specific primary account number; determining that the payment transaction exceeds the account controls in the specific account profile based on the transaction details; transmitting question data for a plurality of questions to a point of sale associated with the point of sale identifier; receiving answer data from the point of sale; and transmitting the transaction message to a financial institution based on the answer data.

Claims

1. A method for consumer verification of a payment transaction that exceeds previously established account limitations, comprising:

storing, in an account database of a processing server, a plurality of account profiles, wherein each account profile includes data related to a transaction account including at least a primary account number and one or more transaction controls;

receiving, by a receiving device of the processing server, a transaction message related to a payment transaction via a payment network, wherein the transaction message is formatted based on one or more standards and includes a plurality of data elements including at least a first data element configured to store a specific primary account number, a second data element configured to store a point of sale identifier, and one or more additional data elements configured to store transaction details;

executing, by a processing device of the processing server, a query on the account database to identify a specific account profile where the included primary account number corresponds to the specific primary account number stored in the first data element included in the received transaction message;

determining, by the processing device of the processing server, that the payment transaction exceeds the one or more transaction controls included in the identified specific account profile based on the transaction details stored in the one or more additional data elements included in the received transaction message;

electronically transmitting, by a transmitting device of the processing server, a data signal comprising question data for a plurality of questions associated with the payment transaction to a point of sale via a communication network, wherein the point of sale is associated with the point of sale identifier stored in the second data element included in the received transaction message;

receiving, by the receiving device of the processing server, a data signal comprising answer data for a plurality of answers from the point of sale via the communication network; and

electronically transmitting, by the transmitting device of the processing server, the received transaction message to a financial institution based on the answer data for the plurality of answers included in the received data signal.

2. The method of claim 1, further comprising:

determining, by the processing device of the processing server, the answer data for the plurality of answers included in the received data signal to indicate correct answers to the plurality of questions, wherein

the received transaction message is transmitted to an issuing financial institution associated with the transaction account related to the identified specific account profile.

3. The method of claim 1, further comprising:

determining, by the processing device of the processing server, the answer data for the plurality of answers included in the received data signal to indicate incorrect answers to the plurality of questions, wherein

the transaction message is received from an acquiring financial institution associated with a merchant involved in the payment transaction, and

the received transaction message is transmitted to the acquiring financial institution.

4. The method of claim 1, wherein the question data for the plurality of questions is based on at least the transaction details stored in the one or more additional data elements included in the received transaction message.

5. The method of claim 1, wherein

each account profile of the plurality of account profiles further includes question data and answer data, and

the question data for the plurality of questions corresponds to the question data stored in the identified specific account profile.

6. The method of claim 5, further comprising:

authenticating, by the processing device of the processing server, the answer data for the plurality of answers based on the answer data included in the identified specific account profile.

7. The method of claim 1, further comprising:

storing, in a question database of the processing server, a plurality of question data entries, wherein each question data entry includes data related to a question including at least question data and answer data, wherein

each account profile of the plurality of account profiles further includes data indicating a plurality of question data entries, and

the question data for the plurality of questions comprises question data included in the plurality of question data entries indicated in the identified specific account profile.

8. The method of claim 1, wherein

each account profile of the plurality of account profiles further includes transaction history, the transaction history indicating at least a reward date, and

one of the one or more additional data elements is configured to store a transaction date.

9. The method of claim 8, further comprising:

determining, by the processing device of the processing server, a time period between the transaction date included in the received transaction message and the reward date indicated in the transaction history included in the identified specific account profile exceeds a predetermined period of time.

10. The method of claim 9, wherein

the transaction message is received from an acquiring financial institution associated with a merchant involved in the payment transaction, and

the received transaction message is transmitted to an issuing financial institution associated with the transaction account related to the identified specific account profile.

11. A system for consumer verification of a payment transaction that exceeds previously established account limitations, comprising:

an account database of a processing server configured to store a plurality of account profiles, wherein each account profile includes data related to a transaction account including at least a primary account number and one or more transaction controls;

a receiving device of the processing server configured to receive a transaction message related to a payment transaction via a payment network, wherein the transaction message is formatted based on one or more standards and includes a plurality of data elements including at least a first data element configured to store a specific primary account number, a second data element configured to store a point of sale identifier, and one or more additional data elements configured to store transaction details;

a processing device of the processing server configured to

execute a query on the account database to identify a specific account profile where the included primary account number corresponds to the specific primary account number stored in the first data element included in the received transaction message, and

determine that the payment transaction exceeds the one or more transaction controls included in the identified specific account profile based on the transaction details stored in the one or more additional data elements included in the received transaction message; and

a transmitting device of the processing server configured to electronically transmit a data signal comprising question data for a plurality of questions associated with the payment transaction to a point of sale via a communication network, wherein the point of sale is associated with the point of sale identifier stored in the second data element included in the received transaction message, wherein

the receiving device of the processing server is further configured to receive a data signal comprising answer data for a plurality of answers from the point of sale via the communication network, and

the transmitting device of the processing server is further configured to electronically transmit the received transaction message to a financial institution based on the answer data for the plurality of answers included in the received data signal.

12. The system of claim 11, wherein

the processing device of the processing server is further configured to determine the answer data for the plurality of answers included in the received data signal to indicate correct answers to the plurality of questions, and

the received transaction message is transmitted to an issuing financial institution associated with the transaction account related to the identified specific account profile.

13. The system of claim 11, wherein

the processing device of the processing server is further configured to determine the answer data for the plurality of answers included in the received data signal to indicate incorrect answers to the plurality of questions,

the transaction message is received from an acquiring financial institution associated with a merchant involved in the payment transaction, and

the received transaction message is transmitted to the acquiring financial institution.

14. The system of claim 11, wherein the question data for the plurality of questions is based on at least the transaction details stored in the one or more additional data elements included in the received transaction message.

15. The system of claim 11, wherein

each account profile of the plurality of account profiles further includes question data and answer data, and

the question data for the plurality of questions corresponds to the question data stored in the identified specific account profile.

16. The system of claim 15, wherein the processing device of the processing server is further configured to authenticate the answer data for the plurality of answers based on the answer data included in the identified specific account profile.

17. The system of claim 11, further comprising:

a question database of the processing server configured to store a plurality of question data entries, wherein each question data entry includes data related to a question including at least question data and answer data, wherein

each account profile of the plurality of account profiles further includes data indicating a plurality of question data entries, and

the question data for the plurality of questions comprises question data included in the plurality of question data entries indicated in the identified specific account profile.

18. The system of claim 11, wherein

each account profile of the plurality of account profiles further includes transaction history, the transaction history indicating at least a reward date, and

one of the one or more additional data elements is configured to store a transaction date.

19. The system of claim 18, wherein the processing device of the processing server is further configured to determine a time period between the transaction date included in the received transaction message and the reward date indicated in the transaction history included in the identified specific account profile exceeds a predetermined period of time.

20. The system of claim 19, wherein

the transaction message is received from an acquiring financial institution associated with a merchant involved in the payment transaction, and

the received transaction message is transmitted to an issuing financial institution associated with the transaction account related to the identified specific account profile.