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System and method for combining disparate commercial transactions under a single identification mechanism

  • US 9,898,733 B1
  • Filed: 12/04/2014
  • Issued: 02/20/2018
  • Est. Priority Date: 05/04/2012
  • Status: Active Grant
First Claim
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1. A financial card for concurrently providing information for a payment transaction and information for a non-payment transaction, said financial card comprising:

  • a magnetic stripe that comprises the following;

    a first track that includes information for initiating said payment transaction;

    a second track that includes information for initiating said non-payment transaction, wherein said non-payment transaction comprises a transaction pertaining to a government operated database, wherein said government operated database is a wanted driver database, wherein said transaction pertaining to said government operated database comprises querying said government operated database to determine whether a cardholder associated with said financial card is identified in said government operated database, and wherein, when said cardholder is identified in said government operated database, a notification is sent to a public safety official; and

    a flag field storing a value that indicates an order for initiating said payment transaction and said non-payment transaction, wherein a first value of the flag field indicates that said payment transaction is to be initiated before said non-payment transaction and wherein a second value of the flag field indicates that said non-payment transaction is to be initiated before said payment transaction,wherein said financial card is configured to provide, to a financial card reader, the information for performing said payment transaction, the information for initiating said non-payment transaction, and said value of the flag field in response to a single swipe of the financial card in the financial card reader, andwherein setting said value of the flag field to the second value configures said information for initiating said non-payment transaction to decline said payment transaction when said cardholder is identified in said government operated database.

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