StoneEagle Services, Inc. Patent applications |
Patent application number | Title | Published |
20140164235 | DYNAMIC BIN ALLOCATION FOR PAYMENT CARD TRANSACTIONS - Preauthorized payments may be made to service providers, repair shops, and even vendors serving employees on business trips through credit card processing. The approved payment amount is authorized on a virtually created payment card, which is then sent to the payee. These transactions incur interchange fees for the card processing. Therefore, unlike a check or EFT payment, the payee receives the approved payment less interchange fees. Interchange rates vary based on the payment card product offered by an issuing bank in addition to factors relating to how the payment card is processed. The current invention is a method of automatically generating a virtual payment card and/or processing the card in a manner to achieve a target interchange fee. | 06-12-2014 |
20140089183 | DYNAMIC BIN ALLOCATION FOR PAYMENT CARD TRANSACTIONS - Preauthorized payments may be made to service providers, repair shops and even vendors serving employees on business trips through credit card processing. The approved payment amount is authorized on a virtually created payment card which is then sent to the payee. These transactions incur interchange fees for the card processing. Therefore, unlike a check or EFT payment, the payee receives the approved payment less interchange fees. Interchange rates vary based on the payment card product offered by an issuing bank in addition to factors relating to how the payment card is processed. The current invention is a method of automatically generating a virtual payment card and/or processing the card in a manner to achieve a target interchange fee. | 03-27-2014 |
20100138324 | METHOD OF PROVIDING SECURE PAYMENT AND TRANSACTION RECONCILIATION - A method of paying a merchant for a transaction associated with a program. The method including the steps of receiving a request from a merchant for a payment associated with a purchase, generating a payment identifier, generating a payment number having a predetermined limit amount and a predetermined expiration date, associating the payment identifier with the payment number and transmitting the payment number to the merchant for payment of the request. | 06-03-2010 |