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 8321315
APP PUB NO 20100288832A1
SERIAL NO

12842859

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, NY466

International Classification(s)

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  • [Patents Count]

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Abel, Luther C San Jose, US 5 123
Cousins, Robert E Saratoga, US 22 566

Cited Art Landscape

Patent Info (Count) # Cites Year
 
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Other [Check patent profile for assignment information] (5)
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TOLMI, L.L.C. (1)
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CITICORP (1)
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FIRST DATA CORPORATION (1)
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JOAO BOCK TRANSACTION SYSTEMS, LLC (2)
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ACCENT.COM, INC. (1)
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National Bancard Corporation (1)
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* Cited By Examiner

Patent Citation Ranking

Forward Cite Landscape

Patent Info (Count) # Cites Year
 
PLAYSPIN INC. (1)
9757644 Dynamic payment optimization apparatuses, methods and systems 0 2013
 
PLAYSPAN INC. (1)
8571937 Dynamic payment optimization apparatuses, methods and systems 6 2011
 
VISA INTERNATIONAL SERVICE ASSOCIATION (6)
9773212 Secure anonymous transaction apparatuses, methods and systems 0 2012
9646291 Electronic receipt manager apparatuses, methods and systems 0 2012
8577803 Virtual wallet card selection apparatuses, methods and systems 66 2012
9117225 Apparatuses, methods and systems for transforming user infrastructure requests inputs to infrastructure design product and infrastructure allocation outputs 0 2012
9355393 Multi-directional wallet connector apparatuses, methods and systems 3 2013
9710807 Third-party value added wallet features and interfaces apparatuses, methods and systems 0 2014
 
BANK OF AMERICA CORPORATION (2)
* 8458095 Location-based rules for a financial account 0 2011
* 2013/0060,691 Location-Based Rules for a Financial Account 0 2011
 
RIAVERA CORP. (2)
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Visa U.S.A. Inc. (1)
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* Cited By Examiner

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