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System, program product and methods for retail activation and reload associated with partial authorization transactions

  • US 9,508,067 B2
  • Filed: 03/25/2013
  • Issued: 11/29/2016
  • Est. Priority Date: 09/04/2008
  • Status: Active Grant
First Claim
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1. A computer associated with a financial institution for activating a serialized transaction card product over an open electronic financial payment network utilizing partial-authorization messaging, the computer comprising:

  • one or more input/output units;

    one or more processors;

    one or more non-transitory memories having one or more computer programs stored therein, the one or more computer programs operable to cause the one or more processors to perform the steps of;

    associating each of a plurality of transaction cards with one of a plurality of first unique identifiers and with one of a plurality of second unique identifiers, the plurality of first identifiers comprising a transaction Bank Identification Number (“

    BIN”

    ) and the plurality of second identifiers comprising an activation BIN different from the transaction BIN,determining receipt of activation request data, the activation request data including one or more of the plurality of second unique identifiers and a flag indicating a capability of a payment interface associated with a merchant to support partial-authorization messaging, the activation request data being sent through an open electronic financial payment network from one or more of a plurality of merchant acquirer computers associated with the merchant; and

    activating, by the computer, the selected transaction card product associated with the activation request data responsive to receipt of one or more transaction messages sent through the electronic financial payment network from the one or more of the plurality of merchant acquirer computers indicating a purchase acknowledgement of the selected transaction card product.

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