Method and system for merchant processing of purchase card transactions with expanded card type acceptance
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United States of America Patent
Stats
-
Jun 27, 2006
Grant Date -
Mar 18, 2004
app pub date -
Sep 17, 2002
filing date -
Sep 17, 2002
priority date (Note) -
In Force
status (Latency Note)
Importance
Abstract
Systems and methods for merchant processing of purchase card transactions with expanded card type acceptance are provided. For each merchant, a record is maintained of each card type that the merchant accepts, and merchant-specific transaction processing parameters are associated with each card type. During transaction processing, a card type for the transaction is identified from transaction data submitted by the merchant, and the merchant-specific transaction processing parameters associated with the identified card type are used to control transaction processing.
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