Method and system for making small payments using a payment card
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United States of America Patent
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-
Dec 5, 2006
Issued Date -
N/A
app pub date -
Mar 19, 2002
filing date -
Mar 19, 2001
priority date (Note) -
In Force
status (Latency Note)
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Abstract
A system for conducting a financial transaction over a payment network is disclosed, which system includes a micropayment system interfaced with the payment network for allowing identification of the transaction as a micropayment transaction and allowing, at the option of the cardholder, repudiation of the micropayment transaction automatically by crediting the cardholder's account the amount of the micropayment transaction.
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