System and method for account level blocking

• US 8,103,588 B2
• Filed: 09/29/2009
• Issued: 01/24/2012
• Est. Priority Date: 03/03/2009
• Status: Active Grant

• Current Assignee: Visa International Service Association (Visa, Inc.)
• Original Assignee: Visa International Service Association (Visa, Inc.)
• Inventors: Patterson, Barbara Elizabeth
• Primary Examiner(s): Cheung, Mary
• Assistant Examiner(s): GREENE, DANIEL LAWSON
• Application Number:
  US12/569,675
• Publication Number:
  US 20100228671A1
• Time in Patent Office: 847 Days
• Field of Search: 705/44, 705/16, 705/17, 705/39, 705/42, 705/43, 705/64, 705/65, 705/67, 705/70, 705/75, 705/76, 709/203, 709/219
• US Class Current: 705/44
• CPC Class Codes: G06Q 20/04 Payment circuits
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/108 Remote banking, e.g. home banking
• CPC Class Codes: G06Q 20/1085 involving automatic teller machines [ATMs]
• CPC Class Codes: G06Q 20/20 Point-of-sale [POS] network systems
• 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 20/367 involving electronic purses or money safes
• CPC Class Codes: G06Q 20/3674 involving authentication
• CPC Class Codes: G06Q 20/382 insuring higher security of transaction
• CPC Class Codes: G06Q 20/3821 Electronic credentials
• CPC Class Codes: G06Q 20/40 Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
• CPC Class Codes: G06Q 20/401 Transaction verification
• CPC Class Codes: G06Q 20/4016 involving fraud or risk level assessment in transaction processing
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03

Abstract

A system and method are disclosed. The method includes receiving, at a server computer, a transaction clearing request for a transaction, and then determining, using the server computer, if the transaction satisfies a stored blocking parameter. The method further includes allowing, using the server computer, the transaction clearing request if the transaction does not satisfy the stored blocking parameter, and denying, using the server computer, the transaction clearing request if the transaction satisfies the stored blocking parameter.

Claims

1. A method comprising:

receiving, at a server computer, a transaction clearing request for a transaction, wherein the transaction clearing request was sent by a merchant;

determining, using the server computer, if the transaction satisfies a stored blocking parameter;

allowing, using the server computer, the transaction clearing request if the transaction does not satisfy the stored blocking parameter; and

denying, using the server computer, the transaction clearing request if the transaction satisfies the stored blocking parameter.

2. The method of claim 1 wherein the blocking parameter includes a jurisdiction, merchant category code, merchant category group, merchant verification value, payment channel, terminal ID, transaction type, lost card, stolen card, service code, recurring payment, single transaction limit, daily limit, or monthly limit.

3. The method of claim 1 wherein the blocking parameter is specified in a predetermined profile.

4. The method of claim 1 further comprising initially receiving, at the server computer, at least one blocking parameter.

5. The method of claim 1 further comprising sending, using the server computer, a clearing return code if the transaction satisfies the stored blocking parameter.

6. The method of claim 1 wherein the transaction was authorized during a transaction authorization process at the time the transaction was occurring.

7. The method of claim 1 wherein the transaction clearing request is received at the server computer within a batch of other transaction clearing requests.

8. The method of claim 1 wherein the blocking parameter is specified in a batch upload.

29. The method of claim 1 wherein the stored blocking parameter is specified by an issuer.

9. A non-transitory computer readable medium comprising computer readable program code embodied therein, said computer readable program code adapted to be executed by a processor for:

receiving, at a server computer, a transaction clearing request for a transaction, wherein the transaction clearing request was sent by a merchant;

determining, using the server computer, if the transaction satisfies a stored blocking parameter;

allowing, using the server computer, the transaction clearing request if the transaction does not satisfy the stored blocking parameter; and

denying, using the server computer, the transaction clearing request if the transaction satisfies the stored blocking parameter.

10. A server computer comprising a processor;

and a non-transitory computer readable medium coupled to the processor, the non-transitory computer readable medium comprising computer readable program code embodied therein, said computer readable program code adapted to be executed by the processor for;

receiving, at a server computer, a transaction clearing request for a transaction, wherein the transaction clearing request was sent by a merchant;

determining, using the server computer, if the transaction satisfies a stored blocking parameter;

allowing, using the server computer, the transaction clearing request if the transaction does not satisfy the stored blocking parameter; and

denying, using the server computer, the transaction clearing request if the transaction satisfies the stored blocking parameter.

11. A method comprising:

receiving, at a server computer, a transaction clearing request for a transaction, wherein the transaction clearing request was sent by a merchant;

determining, using the server computer, if the transaction satisfies a stored blocking notification parameter; and

sending, using the server computer, a notification message if the transaction satisfies the stored blocking notification parameter.

12. The method of claim 11 wherein the blocking notification parameter includes a jurisdiction, merchant category code, merchant category group, merchant verification value, payment channel, terminal ID, transaction type, lost card, stolen card, service code, recurring payment, single transaction limit, daily limit, or monthly limit.

13. The method of claim 11 wherein the blocking parameter is specified in a predetermined profile.

14. The method of claim 11 further comprising initially receiving at the server computer at least one blocking notification parameter.

15. The method of claim 11 wherein sending the notification message includes providing an email, SMS message, or a voice message.

16. The method of claim 11 wherein notification is sent to an issuer by email or directly to a system at the issuer.

17. A non-transitory computer readable medium comprising computer readable program code embodied therein, said computer readable program code adapted to be executed by a processor for:

receiving, at a server computer, a transaction clearing request for a transaction, wherein the transaction clearing request was sent by a merchant;

determining, using the server computer, if the transaction satisfies a stored blocking notification parameter; and

sending, using the server computer, a notification message if the transaction satisfies the stored blocking notification parameter.

18. A server computer comprising a processor, and a non-transitory computer readable medium coupled to the processor, the non-transitory computer readable medium comprising computer readable program code embodied therein, said computer readable program code adapted to be executed by the processor for:

receiving, at a server computer, a transaction clearing request for a transaction, wherein the transaction clearing request was sent by a merchant;

determining, using the server computer, if the transaction satisfies a stored blocking notification parameter; and

sending, using the server computer, a notification message if the transaction satisfies the stored blocking notification parameter.

19. A method comprising;

specifying, using a server computer, at least one blocking parameter wherein the blocking parameter is subsequently used to block a transaction clearing request that satisfies the blocking parameter, wherein the transaction clearing request was sent by a merchant; and

receiving, at the server computer, a notification message when a transaction satisfies the blocking parameter.

20. The method of claim 19 wherein the blocking parameter includes a jurisdiction, merchant category code, merchant category group, merchant verification value, payment channel, terminal ID, transaction type, lost card, stolen card, service code, recurring payment, single transaction limit, daily limit, or monthly limit.

21. The method of claim 19 further comprising creating a profile that specifies at least one blocking parameter.

22. The method of claim 19 wherein selecting at least one blocking parameter includes selecting a predetermined profile that specifies at least one blocking parameter.

23. A non-transitory computer readable medium comprising computer readable program code embodied therein, said computer readable program code adapted to be executed by a processor for:

specifying, using a server computer, at least one blocking parameter wherein the blocking parameter is subsequently used to block a transaction clearing request that satisfies the blocking parameter, wherein the transaction clearing request was sent by a merchant; and

receiving, at the server computer, a notification message when a transaction satisfies the blocking parameter.

24. A server computer comprising a processor and a non-transitory computer readable medium coupled to the processor, the non-transitory computer readable medium comprising computer readable program code embodied therein, said computer readable program code adapted to be executed by the processor for:

specifying, using a server computer, at least one blocking parameter wherein the blocking parameter is subsequently used to block a transaction clearing request that satisfies the blocking parameter, wherein the transaction clearing request was sent by a merchant; and

receiving, at the server computer, a notification message when a transaction satisfies the blocking parameter.

25. A method comprising:

sending, using a computer apparatus, a transaction clearing request wherein a determination is made as to whether the transaction clearing request satisfies a stored blocking parameter, wherein the transaction clearing request was sent by a merchant; and

receiving, at the computer apparatus, a clearing return code if the transaction clearing request satisfies the stored blocking parameter.

26. The method of claim 25 further comprising initially authorizing a payment transaction.

27. The method of claim 25 wherein the blocking parameter includes a jurisdiction, merchant category code, merchant category group, merchant verification value, payment channel, terminal ID, transaction type, lost card, stolen card, service code, recurring payment, single transaction limit, daily limit, or monthly limit.

28. The method of claim 25 wherein the blocking parameter is specified in a predetermined profile.