Method for dual credit card system
First Claim
1. A method for conducting a purchase transaction using a dual card, the method comprising:
- receiving, by a merchant, dual card information identifying a dual card to be used to purchase an item, said dual card information including a single account number identifying a single account associated with said dual card;
determining, based on said single account number, that said single account number is a dual card account number and that a purchase transaction using said dual card is adapted to be processed over both a private label network and a bankcard network depending on an identity of said merchant;
determining an identity of said merchant; and
processing said purchase transaction and transmitting said single account number using one of said private label network and said bankcard network based on said identity of said merchant.
3 Assignments
0 Petitions
Accused Products
Abstract
A dual credit card system is in two parts: a) the creation of a dual credit card; and b) the usage of a dual credit card. The creation begins with the receipt of an application by merchant for a dual credit card. The issuing organization issues the dual credit card to the applicant. The user may make a purchase with the dual credit card at either a private label merchant location or at a location accepting the bankcard. These locations may traditional physical locations, a web site on the Internet or a catalog. When a purchase is made at a merchant location, the processing of the merchant location dual credit card purchase is done via a private-label processing channel. If the user uses the dual credit card at a non-merchant location, the purchase may be processed through the VISA/MasterCard network.
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Citations
20 Claims
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1. A method for conducting a purchase transaction using a dual card, the method comprising:
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receiving, by a merchant, dual card information identifying a dual card to be used to purchase an item, said dual card information including a single account number identifying a single account associated with said dual card;
determining, based on said single account number, that said single account number is a dual card account number and that a purchase transaction using said dual card is adapted to be processed over both a private label network and a bankcard network depending on an identity of said merchant;
determining an identity of said merchant; and
processing said purchase transaction and transmitting said single account number using one of said private label network and said bankcard network based on said identity of said merchant. - View Dependent Claims (2, 4, 5, 6, 7, 8)
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3. The method of clam 1, wherein said merchant is a private label merchant and said purchase transaction is processed using said private label network.
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9. A method for processing a purchase transaction, comprising:
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receiving, from a merchant, purchase information including information identifying a credit card account, a merchant number and an amount;
determining that said credit card account is a dual account identified by a single account number, said single account number adapted for processing over both a bankcard network and a private label network;
determining that said merchant is a private label merchant associated with said credit card account; and
based on said determination that said merchant is a private label merchant and said determination that said credit card account is a dual account processing said purchase transaction using said private label network for transmission to a cooperating bankcard back office operation.
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10. A method for processing a purchase transaction, comprising:
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receiving, from a merchant, purchase information including information identifying a credit card account, a merchant number and an amount;
determining that said credit card account is a dual account identified by a single account number, said single account number adapted for processing over both a bankcard network and a private label network;
determining that said merchant is not a private label merchant associated with said credit card account; and
based on said determination that said merchant is not a private label merchant and said determination that said credit card account is a dual account, processing said purchase transaction using said bankcard network for transmission to a cooperating bankcard back office operation.
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11. A method, comprising:
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receiving a request to purchase an item from a merchant using a credit card, said credit card having a single account number identifying a single credit account associated with said credit card;
identifying, based on said single account number, that said credit card is a dual credit card capable of being processed over both a private label network and a bankcard network depending on an identity of said merchant;
determining that said merchant is a private label merchant associated with said credit card; and
based on said determination that said merchant is a private label merchant and said determination that said credit card is a dual credit card, processing said purchase transaction using said private label network. - View Dependent Claims (12, 13, 14, 15)
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16. A method, comprising:
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receiving, at a merchant, a request to purchase an item using a credit card, said credit card having a single account number identifying a single credit account associated with said credit card;
identifying, based on said single account number, that said credit card is a dual credit card capable of being processed over both a private label network and a bankcard network depending on an identity of said merchant;
determining that said merchant is not a private label merchant associated with said credit card; and
based on said determination that said merchant is not a private label merchant and said determination that said credit card is a dual credit card, processing said purchase transaction using said bankcard network. - View Dependent Claims (17, 18)
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19. An apparatus, comprising:
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means for receiving a request to purchase an item from a merchant using a credit card, said credit card having a single account number identifying a single credit account associated with said credit card;
means for identifying, based on said single account number, that said credit card is a dual credit card capable of being processed over both a private label network and a bankcard network depending on an identity of said merchant;
means for determining that said merchant is a private label merchant associated with said credit card; and
means for processing said purchase transaction using said private label network based on said determination that said merchant is a private label merchant and said determination that said credit card is a dual credit card.
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20. A method for conducting a purchase transaction using a payment card, the method comprising:
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receiving, by a merchant, payment card information identifying a payment card to be used to purchase an item, said payment card information including a payment card account number;
determining, based on said payment card account number, that a purchase transaction using said payment card is adapted to be routed over both a private label network and a bankcard network; and
processing said purchase transaction using one of said private label network and said bankcard network based on an identity of said merchant and for further processing by a cooperating bankcard back office operation coupled to process purchase transaction received from said private label network and said bankcard network.
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Specification