| Patent application number | Description | Published |
|---|
| 20090119208 | FINANCIAL TRANSACTION FUNDS COLLECTION AND DISTRIBUTION - There is provided financial transaction funds collection and distribution methodology and system. A financial service provider assists in providing information to a third party transaction processor, who is engaged to process financial transactions such as insurance claims. Payors enroll as participants with the financial service provider, and information about the payors' banks, funding sources, or other financial institutions are linked to the payors in a database maintained by the payment system. Once a payor and the payor's financial institution are enrolled, funds may be obtained from the payor's bank by the financial service provider on behalf of the third party transaction processor, and without transaction-by-transaction involvement from the payor, significantly reducing the time, expense, and costs associated with financial transaction collection and payment. | 05-07-2009 |
| 20100161404 | PROMOTIONAL ITEM IDENTIFICATION IN PROCESSING OF AN ACQUIRED TRANSACTION ON AN ISSUED ACCOUNT - Disclosed methods enable an open loop system processing of private label and co-branded account transactions. Implementations in the open loop system employ communications directly between a merchant and an issuer offering promotional financing for a promotional item being purchased from the merchant. Other implementations in the open loop system enable different transaction amounts in an authorization request message and its corresponding authorization response as are respectively sent and received by a merchant, where the different can be for a promotion offered to an accountholder for conducting a transaction on an account with the merchant. | 06-24-2010 |
| 20100161405 | CUSTOM SETTLEMENT ARRANGEMENTS - Processing transactions involving private label portable consumer devices is presented. For a transaction involving a portable consumer device in a payment processing network, an authorization request from a merchant is received by a transaction handler. The transaction handler, in communication with the issuer, denies or approves the transaction. For approved transactions, the merchant sends a settlement request to the transaction handler. If the transaction is identified as involving a private label portable consumer device, the transaction handler applies a custom settlement arrangement rate to the payment sought, generally reducing the payment amount. The applied payment amount is received from the issuer and forwarded to the merchant. If the applied payment amount is less than the actual amount owed to the merchant, the merchant sends a request to the issuer of the private label payment device to settle the transaction in accordance with a custom settlement agreement. | 06-24-2010 |
| 20100312633 | DUAL RANGE CELLULAR TELEPHONE COUPON CARD GENERATION - A method for use in a payment processing network is provided. The method includes browsing to an Internet website in communication with a web service having a database storing electronic coupons. Each electronic coupon is associated with a sponsor's account and is receivable by a merchant for a discount, where the discount is debited from the sponsor's account and credited to the merchant's. The browser sends the selected electronic coupon and a specification including the rendering capability of the client, the type of portable coupon device, and an identifier for the consumer account associated with the portable coupon device. The browser then receives a rendering image, the memory storage location for the discount information, and the discount information, which includes identifiers for the sponsor account, the discount amount, and the eligible purchase. Finally the discount information is written to the memory of the portable coupon device. | 12-09-2010 |
| 20100312634 | COUPON CARD POINT OF SERVICE TERMINAL PROCESSING - A method of using a point of service terminal (POS) to provide a discount on a purchase is presented. The method includes receiving a portable coupon device associated with a consumer account. Stored in the memory of the portable coupon device is an electronic coupon associated with a sponsor account and which is receivable by a merchant for a discount on a purchase, the discount being debited from the sponsor's account. Also stored in memory is the discount information, which includes identifiers for the sponsor's account, a discount amount, and the purchase eligible for the discount. The discount information is then read from the portable coupon card and a transmission is formed requesting authorization of the electronic coupon. An authorization response is received and, if it includes an approval, the discount is applied to the cost of the purchase and payment for the cost less the discount amount is accepted. | 12-09-2010 |
| 20100312635 | FREE SAMPLE COUPON CARD - A portable coupon payment device includes a substrate having surface with an image rendering thereon that corresponds to a free sample. The portable coupon payment device also has memory, in contact with the substrate, having data encoded therein including (i) an identifier for the free sample, (ii) a quantity for the free sample; (iii) a sponsor company account for a selling merchant to charge the cost of the free sample for payment to a selling merchant account to reimburse the selling merchant for the free sample; (iv) an image corresponding to the free sample; and (v) an identifier for a coupon provider donating the free sample to a consumer. | 12-09-2010 |
| 20110047019 | COUPON BEARING SPONSOR ACCOUNT TRANSACTION AUTHORIZATION - A transaction handler receives, for forwarding to a sponsor account's issuer, a coupon authorization request message from a merchant's acquirer that identifies the sponsor account and a coupon for an item being purchased by a consumer in a transaction with the merchant. The issuer determines eligibility of the coupon for use by the consumer, and sends an authorization response message to the merchant via its acquirer and the transaction handler for the application of a corresponding discount for the item when the coupon is eligible. One or more coupon eligibilities for the purchase of the item by the consumer from the merchant can be derived from comparisons of the transaction to predetermined times, geographies, jurisdictions, sets of merchants, and/or the number of times that coupons have been used in other transactions. The transaction handler can further process the transaction for authorization the consumer's account to pay of the transaction. | 02-24-2011 |
| 20110145008 | INFLUENZA VACCINE ADMINISTRATION PAYMENT DEVICE PROCESSING - A payment device has identifiers, read in a magnetic strip or visual indicia by a healthcare provider, for an influenza vaccine and an account issued by an issuer to a party (e.g.; a governmental entity) upon which a transaction can be conducted that is limited to administering the influenza vaccine. The healthcare provider sends an authorization request for the transaction for delivery through its acquirer and a transaction handler to the issuer. The issuer uses the identifiers to authorize the healthcare provider to administer the influenza vaccine and to conduct the transaction, and sends an authorization response to the authorization request back through the transaction handler and the acquirer. After the receiving of the authorization response, the healthcare provider administers the influenza vaccine and conducts the transaction on the account for the sale of the service of the administering of the influenza vaccine. | 06-16-2011 |
| 20110166872 | AUTO-SUBSTANTIATION FOR HEALTHCARE UPON SPONSOR ACCOUNT THROUGH PAYMENT PROCESSING SYSTEM - An issuer receives an authorization request from healthcare provider that includes an account, an identifier for a healthcare service and its cost to a patient, and an identifier for a single purpose card for the redemption of the cost of the healthcare service. The issuer validates use of the account to pay the cost, sends an authorization approval to the healthcare provider, and deactivates the identifier for the single purpose card for future use. A request for insufficient funds, when the account is determined to be deficient, is sent to a sponsor to whom the issuer issued account. The cost in the authorization request can include a total purchase amount and a qualified amount of the total purchase amount, and the issuer can validate that the account can be used the for payment of the qualified amount of the total purchase amount for the healthcare service. | 07-07-2011 |
