System and method for setting up a pre-authorization record
First Claim
Patent Images
1. A method comprising:
- receiving, at an account management computer, a pre-authorization request identifying a proposed transaction, said pre-authorization request including proposed transaction information identifying a prospective item and a prospective amount of said proposed transaction; and
selecting, by said account management computer, as a limited use account code, one of a set of limited use account codes associated with a buyer for use in purchasing said prospective item, said selection based on an identity of said buyer and an availability of one of said limited use account codes;
creating, by said account management computer, a pre-authorization record comprising said limited use account code and said proposed transaction information; and
forwarding, by said account management computer, said selected said limited use account code to said buyer for use in conducting said proposed transaction.
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Abstract
A computer-assisted method includes hardware, software and telecommunications components that cooperatively achieve the technical effect of an improved electronic purchasing transaction system. In various embodiments of the invention, at least one master account is established for a client. A pool of limited use account identifiers or secondary account identifiers, that are separate and distinct from the master account, is associated with the master account by a purchasing system or account management system. Each of the limited use account identifiers may be used by the client to purchase items from merchants.
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Citations
19 Claims
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1. A method comprising:
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receiving, at an account management computer, a pre-authorization request identifying a proposed transaction, said pre-authorization request including proposed transaction information identifying a prospective item and a prospective amount of said proposed transaction; and selecting, by said account management computer, as a limited use account code, one of a set of limited use account codes associated with a buyer for use in purchasing said prospective item, said selection based on an identity of said buyer and an availability of one of said limited use account codes; creating, by said account management computer, a pre-authorization record comprising said limited use account code and said proposed transaction information; and forwarding, by said account management computer, said selected said limited use account code to said buyer for use in conducting said proposed transaction. - 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 system comprising:
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a network interface communicating with a memory; the memory communicating with a processor of an account management computer; and the processor, when executing a computer program, is configured to; receive, at said account management computer, a pre-authorization request identifying a proposed transaction, said pre-authorization request including proposed transaction information identifying a prospective item and a prospective amount of said proposed transaction; and select, by said account management computer, as a limited use account code, one of a set of limited use account codes associated with a buyer for use in purchasing said prospective item, said selection based on an identity of said buyer and an availability of one of said limited use account codes; create, by said account management computer, a pre-authorization record comprising said limited use account code and said proposed transaction information; and forward, by said account management computer, said selected said limited use account code to said buyer for use in conducting said proposed transaction.
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19. A tangible, non-transitory computer-readable medium having computer-executable instructions stored thereon that, when executed by an account management computer, cause the computer to perform a method comprising:
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receiving, at said computer, a pre-authorization request identifying a proposed transaction, said pre-authorization request including proposed transaction information identifying a prospective item and a prospective amount of said proposed transaction; and selecting, by said account management computer, as a limited use account code, one of a set of limited use account codes associated with a buyer for use in purchasing said prospective item, said selection based on an identity of said buyer and an availability of one of said limited use account codes; creating, by said account management computer, a pre-authorization record comprising said limited use account code and said proposed transaction information; and forwarding, by said account management computer, said selected said limited use account code to said buyer for use in conducting said proposed transaction.
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Specification