System and method for authorizing transactions

Number of patents in Portfolio can not be more than 2000

United States of America Patent

APP PUB NO 20040210519A1
SERIAL NO

10844293

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ATTORNEY / AGENT: (SPONSORED)

Importance

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Abstract

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A system and method for authorizing transactions where a terminal determines if the transaction amount is within a low value limit. If so, a card acts within the parameters of offline counters on the card to generate an offline authorization. The transaction amount is deducted from the available funds balance tracked by an additional counter on the card. Merchants clear the transaction during batch processing in the same manner as other debit or credit transactions. The transactions are treated as standard chip offline-authorized transactions and are sent with other transaction details to an issuer.

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First Claim

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Patent Owner(s)

Patent OwnerAddressTotal Patents
VISA INTERNATIONAL SERVICE ASSOCIATIONSAN FRANCISCO, CA465

International Classification(s)

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Hill, Trudy Foster City, CA 14 123
Oppenlander, Carole Pacifica, CA 8 73

Cited Art Landscape

Patent Info (Count) # Cites Year
 
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VISA INTERNATIONAL SERVICE ASSOCIATION (7)
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Amway Corp. (1)
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III HOLDINGS 1, LLC (2)
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* Cited By Examiner

Patent Citation Ranking

Forward Cite Landscape

Patent Info (Count) # Cites Year
 
XATRA FUND MX, LLC (1)
* 2009/0106,157 Funding a Radio Frequency Device Transaction 1 2008
 
JPMORGAN CHASE BANK, N.A. (1)
* 2011/0071,913 Inserting Value Into Customer Account at Point of Sale Using a Customer Account Identifier 2 2010
 
PANASONIC AVIONICS CORPORATION (1)
* 9582800 System and method for permitting a user to submit a payment electronically 0 2014
 
VISA INTERNATIONAL SERVICE ASSOCIATION (2)
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* 2009/0265,260 PREPAID CHIP CARD EXCEPTION PROCESSING 25 2009
 
AMAZON TECHNOLOGIES, INC. (2)
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* 2008/0162,365 Aggregate Constraints for Payment Transactions 1 2007
 
BANK OF AMERICA CORPORATION (3)
* 9098960 Transaction storing and forwarding 1 2008
* 2012/0078,780 TRANSACTIONAL SAVINGS AND INVESTMENTS 0 2010
9547848 Transaction storing and forwarding 0 2015
 
THE WESTERN UNION COMPANY (2)
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E2INTERACTIVE, INC. D/B/A E2INTERACTIVE, INC. (8)
8706630 System and method for securely authorizing and distributing stored-value card data 0 2003
8474694 Radio frequency identification purchase transactions 0 2009
* 2009/0194,583 Radio Frequency Identification Purchase Transactions 1 2009
8244612 Inserting value into customer account at point of sale using a customer account identifier 2 2009
* 2010/0049,617 Inserting Value into Customer Account at Point of Sale Using a Customer Account Identifier 1 2009
8489478 Virtual terminal for payment processing 0 2010
8655309 Systems and methods for electronic device point-of-sale activation 1 2010
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III HOLDINGS 1, LLC (2)
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* 2008/0270,302 USER EXPERIENCE ON MOBILE PHONE 13 2007
 
MASTERCARD INTERNATIONAL INCORPORATED (3)
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* 9240005 Methods for risk management in payment-enabled mobile device 1 2010
* 2011/0112,918 METHODS FOR RISK MANAGEMENT IN PAYMENT-ENABLED MOBILE DEVICE 12 2010
 
Visa U.S.A. Inc. (1)
9390406 Prepaid chip card exception processing 0 2009
* Cited By Examiner