Payment Processor Hosted Account Information

• US 20090043696A1
• Filed: 07/11/2008
• Published: 02/12/2009
• Est. Priority Date: 08/08/2007
• Status: Abandoned Application

• Current Assignee: Phoenix Payment Systems Incorporated (Old Ladder Co. (PA), Inc.)
• Original Assignee: Electronic Payment Exchange
• Inventors: Glenn, Kent R., Pile, Steve H., Moyer, Raymond, Ornce, Matthew R., Gwynn, Jason J., Nowicki, Jason
• Application Number:
  US12/172,041
• Publication Number:
  US 20090043696A1
• Time in Patent Office: Days
• US Class Current: 705/39
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/12 specially adapted for electronic shopping systems
• CPC Class Codes: G06Q 20/20 Point-of-sale [POS] network systems
• CPC Class Codes: G06Q 20/385 using an alias or single-use codes
• CPC Class Codes: G06Q 20/40 Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
• CPC Class Codes: G06Q 20/425 using two different networks, one for transaction and one for security confirmation
• CPC Class Codes: G06Q 30/0603 Catalogue ordering
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes

Abstract

A payment processor may host account information such as an account number of a customer provided during a transaction with a point of sale of a merchant. The account information may be received by the payment processor without being stored at the point of sale. For example, the account information may be received by the payment processor via a web page that may emulate a terminal at the point of sale. The payment processor may store the account information and may establish a unique transaction identifier for the transaction. The unique identifier may be provided to the customer with a receipt and the account number may be provided to an entity that may provide payment the merchant to complete the sales transaction.

Claims

1. A method of hosting account information at a payment processor for completing a transaction, the method comprising:

receiving from a point of sale of a merchant, an account number of a customer in response to initiation of the transaction at the point of sale, wherein the account number is received by the payment processor without being stored at the point of sale;

establishing a unique transaction identifier corresponding to the transaction, the unique transaction identifier also being associated with the account number;

storing the account number and the unique transaction identifier; and

providing the unique transaction identifier to the point of sale and the account number to an entity that provides payment to the merchant from an account associated with the account number of the customer to complete the sales transaction, whereby the transaction is completed without storing the account number of the customer at the point of sale.

2. The method of claim 1, wherein the merchant comprises one of the following:

a retail merchant, an electronic commerce merchant, a mail order merchant, and a telephone order merchant.

3. The method of claim 1, wherein the point of sale provides a sales receipt to a customer to indicate that the sales transaction is complete, the sales receipt comprising the unique transaction identifier.

4. The method of claim 3, further comprising:

receiving the unique transaction identifier from the point of sale in connection with a request by the customer to void the transaction;

determining the account number associated with the unique transaction identifier;

using the account number to void the transaction; and

providing a confirmation to the point of sale indicative of the transaction being voided.

5. The method of claim 4, wherein the confirmation is provided to the customer via the point of sale to indicate the transaction being voided.

6. The method of claim 3 further comprising:

receiving the unique transaction identifier from the point of sale in connection with a request by the customer to receive a credit for the transaction;

determining the account number associated with the unique transaction identifier;

providing the account number to the entity;

receiving credit receipt information from the entity, wherein the credit receipt information indicates that credit has been applied to an account represented by the account number;

providing a credit receipt comprising unique the transaction identifier to the point of sale, wherein the credit receipt indicates the credit for the transaction corresponding to the unique transaction identifier.

7. The method of claim 6, wherein the credit receipt is provided to the customer via the point of sale to indicate the credit being completed for the transaction.

8. The method of claim 1, wherein the account number comprises one of the following:

a savings account number, a credit card number, a debit card number, a loan account number, and a checking account number.

9. The method of claim 1, wherein the account number is received from the point of sale via a web page hosted by the payment processor.

10. The method of claim 9, wherein the web page emulates a terminal.

11. A method of hosting account information at a payment processor and for voiding a transaction, the method comprising:

receiving a unique transaction identifier from a point a sale of a merchant, the unique transaction identifier identifying the transaction;

determining an account number associated with the unique transaction identifier;

using the account number to void the transaction; and

providing a confirmation to the point of sale indicative of the transaction being voided.

12. The method of claim 11, wherein the confirmation is provided to a customer via the point of sale to indicate the transaction being voided.

13. The method of claim 11, wherein the point of the sale provides a sales receipt that includes the unique transaction identifier to a customer to indicate that the transaction is complete.

14. The method of claim 11, wherein the merchant comprises one of the following:

a retail merchant, an electronic commerce merchant, a mail order merchant, and a telephone order merchant.

15. The method of claim 11, wherein the unique transaction identifier is received from the point of sale via a web page hosted by the payment processor.

16. A method of hosting account information at a payment processor and for crediting a transaction, the method comprising:

receiving a unique transaction identifier from a point of sale of a merchant;

determining an account number associated with the unique transaction identifier;

providing the account number to an entity that provides payment to the merchant from an account associated with the account number of a customer;

receiving credit receipt information from the entity, wherein the credit receipt information indicates a credit applied to an account identified by the account number;

providing a credit receipt comprising the unique transaction identifier to the point of sale, wherein the credit receipt indicates the credit for the transaction corresponding to the unique transaction identifier.

17. The method of claim 16, wherein the credit receipt is provided to a customer via the point of sale to indicate the credit being completed for the transaction.

18. The method of claim 16, wherein the point of sale provides a sales receipt that includes the unique transaction identifier to a customer to indicate that the transaction is complete.

19. The method of claim 16, wherein the merchant comprises one of the following:

a retail merchant, an electronic commerce merchant, a mail order merchant, and a telephone order merchant.

20. The method of claim 16, wherein the unique transaction identifier is received from the point of sale via a web page hosted by the payment processor.