System and methods for servicing electronic transactions

• US 8,429,046 B2
• Filed: 12/10/2007
• Issued: 04/23/2013
• Est. Priority Date: 08/11/1999
• Status: Expired due to Fees

• Current Assignee: C-SAM Incorporated (MasterCard Incorporated)
• Original Assignee: C-SAM Incorporated (MasterCard Incorporated)
• Inventors: Pitroda, Satyan G.
• Primary Examiner(s): Nguyen, Nga B.
• Application Number:
  US11/953,681
• Publication Number:
  US 20080177826A1
• Time in Patent Office: 1,961 Days
• Field of Search: 705/26, 705/27, 705/35, 705/36, 705/37, 705/39, 705/40, 705/41
• US Class Current: 705/35
• CPC Class Codes: G06Q 20/04 Payment circuits
• CPC Class Codes: G06Q 20/0855 involving a third party
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/102 Bill distribution or payments
• 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 20/202 Interconnection or interaction of plural electronic cash registers [ECR] or to host computer, e.g. network details, transfer of information from host to ECR or from ECR to ECR
• CPC Class Codes: G06Q 20/383 Anonymous user system
• CPC Class Codes: G06Q 20/4037 Remote solvency checks
• CPC Class Codes: G06Q 30/0226 Incentive systems for frequent usage, e.g. frequent flyer miles programs or point systems
• CPC Class Codes: G06Q 30/0234 Rebates after completed purchase
• CPC Class Codes: G06Q 30/0241 Advertisements
• CPC Class Codes: G06Q 30/04 Billing or invoicing
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis
• 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 service transaction provider for administering a plurality of accounts for a client includes a computer having a processor, a data storage medium, and a network port. The storage medium is configured to store the clients'"'"' personal information, account information, and transactional information. The processor configured to create a database of client information including the client'"'"'s personal information, account information corresponding to a plurality of accounts associated with the client, and transactional information corresponding to a plurality of transactions conducted by the client; designate as confidential a predetermined first portion of the database client information; designate as non-confidential a predetermined second portion of the database of client information non-confidential; and provide the client with access to the first and second portions of the database of client information via the network port.

Claims

1. A transaction service provider, comprising:

a computer server, having a processor, a data storage medium, and a network port;

the computer server configured to comprise;

a) a client data consolidation expert system, the client data consolidation expert system configured;

to accept input of transactional information from at least one payment gateway of an acquiring bank, where the transactional information originates in point of sale terminals that are not associated with the transaction service provider and is for a plurality of accounts for at least one client;

to accept input of transactional information from a device associated with the client;

to accept direct input of personal information from the client; and

to provide consolidated client information;

b) a vendor data consolidation expert system, the vendor data consolidation expert system configured;

to accept input of profile information, product and services information, and marketing and advertising information from a plurality of vendors; and

to provide consolidated vendor information;

c) a knowledge based system configured;

to accept the consolidated client information from the client data consolidation expert system and the consolidated vendor information from the vendor data consolidation expert system; and

to provide vendor information to the client based at least in part on the transactional information of the client.

2. The transaction service provider of claim 1, wherein the knowledge based system is further configured to select at least one vendor matching a client'"'"'s needs from a plurality of vendors and to suggest to the client the at least one selected vendor to be designated for receiving access to selected information from the client.

3. The transaction service provider of claim 1, wherein the vendor data consolidation expert system is further configured to accept information from a plurality of vendors via the network port.

4. The transaction service provider of claim 1, wherein the device associated with the client comprises an electronic transaction device capable of storing transaction records and transferring the transaction records to the transaction service provider.

5. The transaction service provider of claim 1, wherein the knowledge based system is further configured to consolidate information for a plurality of clients, and to provide consolidated, anonymous information to the vendors based on transactional information corresponding to a plurality of clients.

6. The transaction service provider of claim 1, wherein the vendor information provided to the client comprises advertising.

7. The transaction service provider of claim 1, wherein the vendor information provided to the client comprises promotional information.

8. The transaction service provider of claim 1, wherein the at least one client comprises a plurality of clients.

9. The transaction service provider of claim 1, wherein the acquiring bank comprises a plurality acquiring banks.

10. A transaction service provider, comprising:

a computer server, having a processor, a data storage medium, and a network port;

the computer server configured to comprise;

a) a client data consolidation expert system, the client data consolidation expert system configured;

to accept input of transaction records from a plurality of payment gateways, where the transaction records originate in point of sale terminals that are not associated with the transaction service provider and are for a plurality of accounts for a plurality of clients;

to accept input of transactional records from electronic transaction devices associated with the clients;

to accept direct input of personal information from the clients; and

to provide consolidated client information;

b) a vendor data consolidation expert system, the vendor data consolidation expert system configured;

to accept input of profile information, product and services information, and marketing and advertising information from a plurality of vendors; and

to provide consolidated vendor information;

c) a knowledge based system configured;

to accept the consolidated client information from the client data consolidation expert system and the consolidated vendor information from the vendor data consolidation expert system;

to provide vendor information to the clients based at least in part on the transactional information of the client; and

to provide consolidated, anonymous information to the vendors based on transactional information corresponding to a plurality of clients.

11. The transaction service provider of claim 10, wherein the vendor information provided to the client comprises advertising.

12. The transaction service provider of claim 10, wherein the vendor information provided to the client comprises promotional information.