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

• Current Assignee: Excentus Corporation (Professional Datasolutions, Inc.)
• Original Assignee: Excentus Corporation (Professional Datasolutions, Inc.)
• Inventors: Perry, Dickson
• Primary Examiner(s): St Cyr, Daniel
• Application Number:
  US14/560,605
• Time in Patent Office: 1,174 Days
• Field of Search: 235379, 235380, 235382, 235383, 235487, 235492, 235493
• CPC Class Codes: G06Q 20/085 involving remote charge determination or related payment systems
• CPC Class Codes: G06Q 20/357 Cards having a plurality of specified features
• CPC Class Codes: G06Q 20/387 Payment using discounts or coupons relating to marketing G06Q30/02

Abstract

A single swipe system is constructed that allows a person to use a single financial card to receive loyalty benefits (or conduct other non-payment operations) concurrently with a payment transaction. In one embodiment, the user simply swipes his/her financial card and the processing system then concurrently processes a non-payment transaction along with a payment transaction. In some situations, the non-payment transaction can be blended into the payment transaction to allow for discounts and other awards from one or more databases other than the payment processing database. In one embodiment, a single swipe of a financial card connects the consumer with one or more loyalty systems and the consumer can select from the ones desired during the course of payment processing. Discounts and other advantages can be applied to the payment transaction, all based upon a single entry of the consumer'"'"'s ID.

Claims

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, and

wherein 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.

2. The financial card of claim 1 wherein said non-payment transaction further comprises a loyalty benefit transaction and said information for performing said non-payment transaction further comprises loyalty benefit information.

3. The financial card of claim 1 wherein said non-payment transaction further comprises transactions pertaining to a selection from the list consisting of:

biometric databases, card databases, and social networking databases.

4. The financial card of claim 1 wherein said magnetic stripe further comprises the following:

a third track that includes other information for performing said payment transaction.

5. The financial card of claim 1 wherein said information for performing said payment transaction comprises identification information.

6. A financial card for concurrently providing information for a payment transaction and information for a non-payment transaction, said financial card comprising:

means for storing information, said means for storing information comprising;

means for storing data for performing said payment transaction; and

means for storing data 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

means for storing a flag field comprising 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 data for performing said payment transaction, the data 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, and

wherein setting said value of the flag field to the second value configures said data for initiating said non-payment transaction to decline said payment transaction to prevent fuel from being pumped when said cardholder is identified in said government operated database and said financial card reader is integrated with a fuel pump.

7. The financial card of claim 6 wherein said non-payment transaction comprises a loyalty benefit transaction and said data for initiating said non-payment transaction comprises loyalty benefit data.

8. The financial card of claim 6 wherein said non-payment transaction further comprises transactions pertaining to a selection from the list consisting of:

biometric databases, card databases, and social networking databases.

9. The financial card of claim 6 wherein said means for storing information further comprises the following:

means for storing other data for performing said payment transaction.

10. The financial card of claim 6 wherein said data for performing said payment transaction comprises identification data.

11. A method for configuring a financial card for concurrently providing information for a payment transaction and information for a non-payment transaction, the method comprising:

storing, on a first track of a magnetic stripe of a financial card, information for initiating a payment transaction;

storing, on a second track of the magnetic stripe of the financial card, information for initiating a 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

setting a value of a flag field, wherein the flag field is stored within the magnetic stripe of the financial card, wherein the 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 a second value of the flag field indicates that said non-payment transaction is to be initiated before said payment transaction, and wherein 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.