Method and system for controlling authorization of credit card transactions

• US 5,999,596 A
• Filed: 03/06/1998
• Issued: 12/07/1999
• Est. Priority Date: 03/06/1998
• Status: Expired due to Term

• Current Assignee: Inventor Holdings LLC (Walker Innovation Inc. (f/k/a Patent Properties, Inc.))
• Original Assignee: Walker Asset Management Limited Partnership
• Inventors: Jorasch, James A., Van Luchene, Andrew S., Tedesco, Daniel E., Walker, Jay S.
• Primary Examiner(s): Chan, Wing F.
• Application Number:
  US09/036,131
• Time in Patent Office: 641 Days
• Field of Search: 379/91.01, 379/91.02, 379/93.04, 379/93.12, 379/265, 379/355, 379/357, 235/380, 235/382, 235/382.5, 902/22, 902/25, 705/16, 705/17, 705/18
• US Class Current: 379/91.01
• CPC Class Codes: G06Q 20/04 Payment circuits
• CPC Class Codes: G06Q 20/12 specially adapted for electronic shopping systems
• CPC Class Codes: G06Q 20/20 Point-of-sale [POS] network systems
• CPC Class Codes: G06Q 20/385 using an alias or single-use codes
• CPC Class Codes: G06Q 20/4037 Remote solvency checks
• CPC Class Codes: G06Q 20/425 using two different networks, one for transaction and one for security confirmation
• 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

A method and apparatus for controlling credit card use. As described in one aspect of the disclosure, a method is disclosed for facilitating communication between a first person (e.g., an account holder) and a second person (e.g., a user) so that the first person may authorize a transaction between the second person and a third party (e.g., a merchant). The method comprises the steps of linking the first and second persons to a financial account that is used for the transaction, receiving data identifying the financial account and the third party from the third party, inquiring whether the first person desires to communicate with the second person based on the data identifying the financial account, and enabling communication between the first and second persons based on a response to the inquiry from the first person and the data identifying the third party. In this way, the first person can control the authorization or denial of a transaction executed by a user based on circumstances surrounding the transaction.

Claims

1. A method for facilitating communication between first and second persons so that the first person may authorize a transaction between the second person and a third party, wherein the method comprises the steps of:

linking the first and second persons to a financial account that is used for the transaction;

receiving data from the third party identifying the financial account and the third party;

inquiring whether the first person desires to communicate with the second person based on the data identifying the financial account;

receiving a response to the inquiry from the first person; and

initiating communication between the first and second persons based on the response.

2. The method of claim 1, further comprising the steps of:

receiving a signal from the first person indicating whether or not to authorize the transaction; and

processing the transaction based on the signal.

3. The method of claim 2, wherein the signal indicates a personal identification number.

4. The method of claim 1, wherein the step of inquiring comprises the steps of accessing a voice file stored in a memory and causing an IVRU to play the voice file to the first person.

5. The method of claim 1, wherein the communication between the first and second persons has a duration associated therewith, and wherein the method further comprises the step of charging a monetary amount to the financial account based on the duration associated with the communication.

6. The method of claim 1, further comprising selecting the first person from a plurality of persons.

7. The method of claim 1, further comprising selecting the first person from a plurality of persons depending on the time of day that the data identifying the financial account and the third party is received.

8. The method of claim 1, further comprising when a response to the inquiry is not received from the first person within a predetermined period of time, accessing a memory to determine whether the transaction is to be authorized or declined.

9. A method for facilitating communication between first and second persons so that the first person may authorize a transaction between the second person and a third party, wherein the method comprises the steps of:

linking the first and second persons to a financial account that is used for the transaction;

receiving data identifying the financial account and the third party from the third party;

accessing a database based on the data identifying the financial account to determine a telephone number of the first person;

placing a telephone call to the first person based on the telephone number thereof;

inquiring whether the first person desires to communicate with the second person; and

in response to an affirmative answer to the inquiry of the first person, accessing a database based on the data identifying the third party to determine a telephone number thereof; and

enabling telephonic communication between the first and second persons using the telephone number of the third party.

10. The method of claim 9, further comprising the steps of:

receiving a signal from the first person indicating whether to authorize the transaction; and

processing the transaction based on the signal.

11. The method of claim 10, wherein the signal comprises a personal identification number.

12. The method of claim 9, wherein the step of inquiring comprises the steps of accessing a voice file stored in a memory and causing an IVRU to play the voice file to the first person.

13. The method of claim 9, wherein the communication between the first and second persons has a duration associated therewith, and wherein the method further comprises the step of charging a monetary amount to the financial account based on the duration associated with the communication.

14. The method of claim 9, further comprising selecting the first person from a plurality of persons.

15. The method of claim 9, further comprising selecting the first person from a plurality of persons depending on the time of day that the data identifying the financial account and the third party is received.

16. A method for facilitating communication between an account holder and a user so that the account holder may authorize a card-based transaction between the user and a merchant, comprising the steps of:

linking the account holder and the user to a financial account associated with the card that is used for the transaction, wherein the financial account is identified by an account number;

communicating with the third party to receive the account number and data identifying the third party;

accessing a first database based on the account number to determine a telephone number of the first person;

attempting to contact the first person using the telephone number thereof;

when the attempt to contact the first person is successful,

inquiring whether the first person desires to communicate with the second person;

in response to an affirmative answer to the inquiry, accessing a second database based on the data identifying the third party to determine a telephone number thereof; and

enabling telephonic communication between the first and second persons using the telephone number of the third party.

17. The method of claim 16, further comprising the steps of:

receiving a signal from the first person indicating whether or not to authorize the transaction; and

processing the transaction based on the signal.

18. The method of claim 16, further comprising the steps of:

terminating communication with the third party prior to the step of accessing the first database;

receiving a signal from the first person indicating whether to authorize the transaction; and

when the signal indicates that the transaction is to be authorized, transmitting an authorization code to the third party.

19. The method of claim 16, wherein when the attempt to contact the first person is not successful, the method further comprises the steps of:

accessing a database based on the account number to determine a telephone number of a subsequent person;

placing a telephone call to the subsequent person based on the telephone number thereof and inquiring whether the subsequent person desires to communicate with the second person;

in response to an affirmative answer to the inquiry from the subsequent person, accessing a database based on the data identifying the third party to determine a telephone number thereof; and

enabling telephonic communication between the subsequent and second persons using the telephone number of the third party.

20. An apparatus for facilitating communication between a first person at a first location and a second person at a point-of-sale location so that the first person may authorize a transaction between the second person and a third party at the point-of-sale location, wherein the first and second persons are linked to a financial account used for the transaction, and wherein the system comprises:

a memory storing data identifying the financial account and the third party, a first telephone number associated with the first location, and a second telephone number associated with the point-of-sale location; and

a processor in communication with the memory, wherein the processor is adapted and configured to

receive from the third party data identifying the financial account and the third party from the third party,

access the memory based on the data identifying the financial account and the third party to determine the first and second telephone numbers,

transmit instructions to contact the first person based on the first telephone number,

inquire whether the first person desires to communicate with the second person, and

enable communication between the first and second persons based on a response to the inquiry and the second telephone number.

21. The apparatus of claim 20, further comprising a device in communication with the processor, wherein the device is adapted and configured to receive the instructions, contact the first person based on the first telephone number, and inquire whether the first person desires to communicate with the second person.

22. The apparatus of claim 21, wherein the device is further adapted and configured to receive a response from the first person and transmit the response to the processor.

23. The apparatus of claim 21, wherein the device comprises an IVRU.