Methods and systems for managing transaction card accounts enabled for use with particular categories of providers and/or goods/services
First Claim
1. A computer-implemented method for processing a payment from a transaction card, the method comprising:
- receiving, from a point-of-sale terminal of a merchant, a transaction request from a cardholder of the transaction card, wherein the transaction request comprises indicia of a location of where the cardholder is requesting the transaction;
transmitting the transaction request through a card association network to a card issuer for the transaction card;
receiving, by a computer of the card issuer, the transaction request;
determining, by the computer of the card issuer, whether to approve the transaction request as a private label transaction based upon the location of the transaction request based upon the indicia in the transaction request;
approving the transaction request as a private label card transaction if the location of the transaction request is qualified; and
approving the transaction request if the location of the transaction request is not qualified.
2 Assignments
0 Petitions
Accused Products
Abstract
A computer-implemented method and system for managing transaction card accounts involves enabling a transaction card account by a card issuer for use with pre-defined categories of providers of goods/services and goods/services sold and issuing a transaction card and establishing an associated pre-qualified category card account. Upon receiving data for a transaction with the transaction card at a transaction terminal by a processing platform of the card issuer via a card association processing network, the category of the provider and goods/services is interrogated to determine whether or not the transaction can be posted on the pre-qualified category card account of the cardholder, and the transaction is approved and posted to the pre-qualified category card account if the transaction falls within the pre-qualified category of the cardholder.
14 Citations
20 Claims
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1. A computer-implemented method for processing a payment from a transaction card, the method comprising:
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receiving, from a point-of-sale terminal of a merchant, a transaction request from a cardholder of the transaction card, wherein the transaction request comprises indicia of a location of where the cardholder is requesting the transaction; transmitting the transaction request through a card association network to a card issuer for the transaction card; receiving, by a computer of the card issuer, the transaction request; determining, by the computer of the card issuer, whether to approve the transaction request as a private label transaction based upon the location of the transaction request based upon the indicia in the transaction request; approving the transaction request as a private label card transaction if the location of the transaction request is qualified; and approving the transaction request if the location of the transaction request is not qualified. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14)
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15. A computer-implemented method for managing a transaction card account, the method comprising:
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receiving, by a computer of a card issuer, account transaction data from a transaction terminal of a provider having a card reader through which a transaction card of a cardholder read in connection with a transaction; receiving, by the computer of the card issuer, an identifier of goods or services in the transaction; determining, by the computer of the card issuer, whether the transaction can be posted on the transaction card account of the cardholder based upon the identifier of goods or services in the transaction; and approving, by the computer of the card issuer, the transaction and posting the transaction to the transaction card account if the goods or services in the transaction with the provider is classified as a pre-qualified goods or services for the transaction card. - View Dependent Claims (16, 17, 18, 19, 20)
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Specification