System and method for consumer control over card-based transactions

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 7783569
APP PUB NO 20080177660A1
SERIAL NO

12054284

Stats

ATTORNEY / AGENT: (SPONSORED)

Importance

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Abstract

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A system and method for consumer control over card-based transactions and associated accounts. An interface is provided between a merchant or the merchant's bank and the bank or banks at which the consumer has accounts for card-based transactions. The interface acts as an intermediary which is accessible to the consumer so that the consumer may place a variety of controls on card-based transactions. For example, multiple transaction cards may be linked to a single credit account with each card having a different credit limit. As another example, each transaction card may be restricted to a particular merchant. As yet another example, a consumer may link several credit and/or debit accounts to a single transaction card; the consumer may pre-select criteria to be utilized for directing charges for a particular transaction to be applied the different accounts. The consumer may access the interface via a web site or a telephone for making changes and receiving account information. Flexibility and control over the use of transaction cards is, therefore, provided for card-based transactions and for debit and credit accounts used in connection with such card-based transactions.

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First Claim

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Patent Owner(s)

Patent OwnerAddressTotal Patents
MASTERCARD INTERNATIONAL INCORPORATEDPURCHASE, NY507

International Classification(s)

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  • [Patents Count]

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Abel, Luther C 5267 Apennines Cir. 5 159
Cousins, Robert E 14330 Cordwood Ct. 25 630

Cited Art Landscape

Patent Info (Count) # Cites Year
 
Other [Check patent profile for assignment information] (2)
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* 6532465 Operational system for operating on client defined rules 81 2001
 
INTERNATIONAL BUSINESS MACHINES CORPORATION (1)
6427911 Billing/clearing house system and method for an overloaded card 15 1999
 
INTERTRUST TECHNOLOGIES CORPORATION (1)
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LUCENT TECHNOLOGIES INC. (1)
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SONY CORPORATION (1)
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NEW FIRST CITY, TEXAS-AUSTIN, N.A. (1)
4725719 Restricted purpose, commercial, monetary regulation method 215 1986
 
VISA INTERNATIONAL SERVICE ASSOCIATION (1)
5177342 Transaction approval system 312 1990
 
TOLMI, L.L.C. (1)
2001/0039,535 Methods and systems for making secure electronic payments 79 2001
 
CITICORP (1)
5914472 Credit card spending authorization control system 564 1997
 
JOAO BOCK TRANSACTION SYSTEMS, LLC (1)
6529725 Transaction security apparatus and method 176 1998
 
FIRST DATA CORPORATION (1)
* 6490568 Automated system and method for monitoring financial transactions 121 1999
 
MILLENNIUM COMMERCE, LLC (1)
6149055 Electronic fund transfer or transaction system 235 1996
 
WALKER ASSET MANAGEMENT LIMITED PARTNERSHIP (1)
5999596 Method and system for controlling authorization of credit card transactions 248 1998
 
J.J. Mackay Canada Limited (1)
6111522 Multiple electronic purse parking meter 91 1999
 
C-SAM, INC. (1)
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CHASE MANHATTAN BANK USA, NATIONAL ASSOCIATION (1)
6609113 Method and system for processing internet payments using the electronic funds transfer network 529 2000
* Cited By Examiner

Patent Citation Ranking

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Patent Info (Count) # Cites Year
 
Other [Check patent profile for assignment information] (7)
* 2011/0238,465 System for Controlling Card Transactions 0 2010
* 2011/0218,849 CLOUD PLATFORM FOR MULTIPLE ACCOUNT MANAGEMENT & AUTOMATED TRANSACTION PROCESSING 34 2011
9953334 Electronic coupon issuance and redemption apparatuses, methods and systems 0 2012
9996838 Cloud service facilitator apparatuses, methods and systems 0 2012
10013423 Multi-source, multi-dimensional, cross-entity, multimedia analytical model sharing database platform apparatuses, methods and systems 0 2013
9953378 Social checkout widget generation and integration apparatuses, methods and systems 0 2013
9959531 Multi-directional wallet connector apparatuses, methods and systems 0 2016
 
PLAYSPIN INC. (1)
9757644 Dynamic payment optimization apparatuses, methods and systems 0 2013
 
PLAYSPAN INC. (1)
8571937 Dynamic payment optimization apparatuses, methods and systems 15 2011
 
VISA INTERNATIONAL SERVICE ASSOCIATION (7)
9773212 Secure anonymous transaction apparatuses, methods and systems 1 2012
9646291 Electronic receipt manager apparatuses, methods and systems 0 2012
8577803 Virtual wallet card selection apparatuses, methods and systems 117 2012
9117225 Apparatuses, methods and systems for transforming user infrastructure requests inputs to infrastructure design product and infrastructure allocation outputs 0 2012
9830328 Multi-source, multi-dimensional, cross-entry, multimedia merchant analytics database platform apparatuses, methods and systems 0 2013
9355393 Multi-directional wallet connector apparatuses, methods and systems 16 2013
9710807 Third-party value added wallet features and interfaces apparatuses, methods and systems 0 2014
 
NTT DOCOMO, INC. (1)
* 2009/0198,617 Method and apparatus for performing delegated transactions 7 2008
 
Visa U.S.A. Inc. (1)
9652765 System and method for implementing financial assistance programs 0 2013
* Cited By Examiner

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