Payment card processing system and methods
First Claim
1. A method, comprising:
- selecting a private label account maintained on a first processing platform for upgrade to a dual card account, said private label account associated with an account holder and having associated monetary and non-monetary data;
determining that the account holder agrees to terms associated with the dual card account;
creating said dual card account with a dual account identifier and a zero balance on a second processing platform that is separate and distinct from said first processing platform in response to the determining that the account holder agrees to the terms;
extracting the associated monetary and non-monetary data from a private label database associated with said private label account and said first processing platform;
transferring said non-monetary data associated with said private label account from said first processing platform to said second processing platform for association with said dual card account;
causing a dual card associated with said dual card account to be transmitted to said account holder, said dual card and said dual card account being inactive until activated;
transferring said monetary data associated with said private label account from said first processing platform to said second processing platform for association with said dual card account in response to an activation of said dual card and said dual card account;
blocking said private label account from further use; and
initiating a trailing activity process to identify monetary and non-monetary activity associated with said private label account, wherein said initiating of said trailing activity process includes updating a cross reference table associating said private label account with said dual card account to include the monetary and non-monetary activity identified by trailing activity process.
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Accused Products
Abstract
A payment card processing system and method is provided that allows an account holder to upgrade a private label card to a dual card. The dual card may be used for both private label transactions and bankcard transactions. Methods for upgrading to the dual card account include selecting a private label account having associated monetary and non-monetary data and maintained on a first processing platform for upgrade to a dual card account, creating the dual card account on a second processing platform, transferring the non-monetary data associated with the private label account from the first processing platform to the second processing platform for association with the dual card account, and initiating a trailing activity process to identify monetary and non-monetary activity associated with the private label account and update a cross reference table to associate the trailing activity with the dual card account.
102 Citations
20 Claims
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1. A method, comprising:
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selecting a private label account maintained on a first processing platform for upgrade to a dual card account, said private label account associated with an account holder and having associated monetary and non-monetary data; determining that the account holder agrees to terms associated with the dual card account; creating said dual card account with a dual account identifier and a zero balance on a second processing platform that is separate and distinct from said first processing platform in response to the determining that the account holder agrees to the terms; extracting the associated monetary and non-monetary data from a private label database associated with said private label account and said first processing platform; transferring said non-monetary data associated with said private label account from said first processing platform to said second processing platform for association with said dual card account; causing a dual card associated with said dual card account to be transmitted to said account holder, said dual card and said dual card account being inactive until activated; transferring said monetary data associated with said private label account from said first processing platform to said second processing platform for association with said dual card account in response to an activation of said dual card and said dual card account; blocking said private label account from further use; and initiating a trailing activity process to identify monetary and non-monetary activity associated with said private label account, wherein said initiating of said trailing activity process includes updating a cross reference table associating said private label account with said dual card account to include the monetary and non-monetary activity identified by trailing activity process. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17)
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18. A payment card processing apparatus comprising:
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a processor; and a storage device in communication with said processor and storing instructions adapted to be executed by said processor to; select a private label account maintained on a first processing platform for upgrade to a dual card accounts, aid private label account associated with an account holder and having associated monetary and non-monetary data; determine that the account holder agrees to terms associated with the dual card account; create said dual card account with a zero balance on a second processing platform in response to the determining that the account holder agrees to the terms; extract the associated monetary and non-monetary data from a private label database associated with said private label account and said first processing platform; transfer said non-monetary data associated with said private label account from said first processing platform t˜
said second processing platform for association with said dual card account;cause a dual card associated with said dual card account to be transmitted to said account holder, said dual card and said dual card account being inactive until activated; transfer said monetary data associated with said private label account from said first processing platform to said second processing platform for association with said dual card account in response to an activation of said dual card and said dual card account; blocking said private label account from further use; and initiating a trailing activity process to identify monetary and non-monetary activity associated with said private label account, wherein said initiating of said trailing activity process includes updating a cross reference table associating said private label account with said dual card account to include the monetary and non-monetary activity identified by trailing activity process.
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19. A payment card processing system, comprising:
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means for selecting a private label account maintained on a first processing platform for upgrade to a dual card account, said private label account associated with an account holder and having associated monetary and non-monetary data; means for determining that the account holder agrees to terms associated with the dual card account; means for creating said dual card account with a dual account identifier and a zero balance on a second processing platform that is separate and distinct from said first processing platform in response to the determining that the account holder agrees to the terms; means for extracting the associated monetary and non-monetary data from a private label database associated with said private label account; means for transferring said non-monetary data associated with said private label account from said first processing platform to said second processing platform for association with said dual card account; means for causing a dual card associated with said dual card account to be transmitted to said account holder, said dual card and said dual card account being inactive until activated; means for transferring said monetary data associated with said private label account from the cross-reference database table from said first processing platform to said second processing platform for association with said dual card account in response to an activation of said dual card and said dual card account; means for blocking said private label account from further use; and means for initiating a trailing activity process to identify monetary and non-monetary activity associated with said private label account, wherein said initiating of said trailing activity process includes updating a cross reference table associating said private label account with said dual card account to include the monetary and non-monetary activity identified by trailing activity process.
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20. A non-transitory medium storing instructions adapted to be executed by a processor to perform a payment card processing method comprising:
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instructions for selecting a private label account maintained on a first processing platform for upgrade to a dual card account, said private label account associated with an account holder and having associated monetary and non-monetary data; instructions for determining that the account holder agrees to terms associated with the dual card account; instructions for creating said dual card account with a dual account identifier and a zero balance on a second processing platform in response to the determining that the account holder agrees to the terms; instructions for extracting the associated monetary and non-monetary data from a private label database associated with said private label account; instructions for transferring said non-monetary data associated with said private label account from said first processing platform to said second processing platform for association with said dual card account; instructions for causing a dual card associated with said dual card account to be transmitted to said account holder, said dual card and said dual card account being inactive until activated; instructions for transferring said monetary data associated with said private label account from said first processing platform to said second processing platform for association with said dual card account; instructions for blocking said private label account from further use; and instructions for initiating a trailing activity process to identify monetary and non-monetary activity associated with said private label account, wherein said initiating of said trailing activity process includes updating a cross reference table associating said private label account with said dual card account to include the monetary and non-monetary activity identified by trailing activity process.
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Specification