Public transit system fare processor for multi-balance funding
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Accused Products
Abstract
An implementation of a system and method for processing transfer rides associated with at least one public transit network is provided. The system and method preprocess transactions to consolidate or eliminate unnecessary transactions with a financial institution clearing and settlement network.
17 Citations
32 Claims
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1. (canceled)
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2. A method of using a bank card as an identifying token for time-based mass transit fare products, without using writeable memory on the bank card, the method comprising:
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processing a timepass record associated with at least one public transit network, wherein the timepass record comprises an indication of duration and an identifier to a first transit account, and wherein processing the timepass record comprises; receiving the timepass record representing an advance purchase of a fare product; and indicating the first transit account identified by the timepass record is enabled for a timepass product; processing a first presentation record, wherein the first presentation record comprises a timestamp and an identifier to the first transit account, and wherein processing of the first presentation record comprises; receiving the first presentation record; determining that the first transit account identified by the identifier in the first presentation record is enabled for a timepass product; and providing a discount associated with the timepass product; and processing a second presentation record, wherein the second presentation record comprises a timestamp and an identifier to a second transit account, and wherein processing of the second presentation record comprises; receiving the second presentation record; and determining that the second transit account identified by the identifier in the second presentation record is not enabled for a timepass product; and
applying a non-timepass fare rule. - View Dependent Claims (3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31)
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32. A fare processor for using a bank card as an identifying token for time-based mass transit fare products, without using writeable memory on the bank card, the fare processor comprising:
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means for processing a timepass record associated with at least one public transit network, wherein the timepass record comprises an indication of duration and an identifier to a first transit account, and wherein the means for processing the timepass record comprises; means for receiving the timepass record representing an advance purchase of a fare product; and means for indicating the first transit account identified by the timepass record is enabled for a timepass product; means for processing a first presentation record, wherein the first presentation record comprises a timestamp and an identifier to the first transit account, and wherein the means for processing of the first presentation record comprises; means for receiving the first presentation record; means for determining that the first transit account identified by the identifier in the first presentation record is enabled for a timepass product; and means for providing a discount associated with the timepass product; and means for processing a second presentation record, wherein the second presentation record comprises a timestamp and an identifier to a second transit account, and wherein the means for processing of the second presentation record comprises; means for receiving the second presentation record; and means for determining that the second transit account identified by the identifier in the second presentation record is not enabled for a timepass product; and
applying a non-timepass fare rule.
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Specification