Transaction approval system

• US 4,870,259 A
• Filed: 01/06/1989
• Issued: 09/26/1989
• Est. Priority Date: 01/06/1987
• Status: Expired due to Term

• Current Assignee: Visa International Service Association (Visa, Inc.)
• Original Assignee: Visa International Service Association (Visa, Inc.)
• Inventors: Boggan, Elvis W., Campbell, Carl M.
• Primary Examiner(s): Envall, Jr., Roy N.
• Application Number:
  US07/294,117
• Time in Patent Office: 263 Days
• Field of Search: 235/380, 235/382, 235/382.5, 235/379, 380/24
• US Class Current: 235/380
• CPC Class Codes: G06Q 20/403 Solvency checks
• CPC Class Codes: G07F 7/08 by coded identity card or credit card or other personal identification means without personal verification means G07F7/02

Abstract

An improved system is disclosed for detecting invalid transaction cards at remote transaction terminals. The system includes providing each terminal with a master table having data corresponding to invalid cards. The data in the master table is less than the actual account numbers of the invalid cards. By using a compressed version of the data, the file can be shortened to facilitate storage and transmission. The compressed data file is arranged such that when an invalid card is presented, it will be identified and routed on for further processing. In the preferred embodiment, the probability that a valid card will be identified as potentially invalid is on the order of one to three percent.

Claims

1. A terminal for facilitating the off-line approval of transactions based upon the use of transaction cards each having an account number, comprising:

data entry means for receiving data representative of the account number of a transaction card presented for a transaction;

storage means for storing a master table which includes data derived from a list of transaction cards, said data being less than the entire account number of each card and wherein each listed card is represented by at least one indicator; and

processor means for comparing the account number of the card presented for the transaction with the information stored in the master table and generating an output signal based upon the outcome of the comparison.

2. A terminal for facilitating the off-line approval of transactions based upon the use of transaction cards each having an account number, comprising:

data entry means for receiving data representative of the account number of a transaction card presented for a transaction;

storage means for storing a master table which includes data derived from a list of transaction cards, said master table being defined by a plurality of bit maps wherein each listed card is represented by one indicator; and

processor means for comparing the account number of the card presented for the transaction with the information stored in the master table and generating an output signal based upon the outcome of the comparison.

3. A terminal as recited in claim 2 wherein the length of the bit maps in the master table are set with respect to the number of listed transaction cards much that the probability of an indicator being present in a bit map is approximately 0.4 to 0.5.

4. A terminal as recited in claim 2 wherein the number of bit maps in the master table are selected such that the probability of a nonlisted card being represented as a listed card in the data file is less than ten percent.

5. A terminal as recited in claim 2 wherein the number of bit maps in the master table are selected such that the probability of a nonlisted card being represented as a listed card in the data file is on the order of one to three percent.

6. A terminal as recited in claim 2 wherein said master table is defined by selecting sets of digits from the account number of each listed transaction card and calculating an index value for each set of digits which is an algorithmic function thereof and placing an indicator in individual bit maps at locations corresponding to the calculated index values.

7. A terminal as recited in claim 2 wherein said processor means selects sets of digits from the account number of the transaction card which has been presented for the transaction and generates a set of index values and wherein said index values are used to determine if indicators are present in corresponding locations in the bit maps of the master table.

8. A terminal as recited in claim 7 wherein the processor means allows the transaction to continue unless an indicator is present in each bit map and in that case, the transaction is subjected to further verification.

9. A method of operating a transaction terminal for facilitating the off-line approval of transactions based upon the use of transaction cards each having an account number, comprising the steps of:

storing a master table which includes data derived from a lift of transaction cards, said data being less than the entire account number of each card and wherein each listed card is represented by at least one indicator;

comparing the account number of the card presented for the transaction with the information stored in the master table; and

generating an output signal based upon the outcome of the comparison.

10. A method of operating a transaction terminal for facilitating the off-line approval of transactions based upon the use of transaction cards each having an account number, comprising the steps of:

storing a master table which includes data derived from a list of invalid transaction cards, said master table being defined by a plurality of bit maps wherein each listed card is represented by one indicator in each bit map, each said indicator corresponding to an index value which is an algorithmic function of a set of digits in the account number of the transaction card;

comparing the account number of the card presented for the transaction with the information stored in the master table; and

generating an output signal based upon the outcome of the comparison.