Patent application number | Description | Published |
20090171839 | SYSTEMS AND METHODS FOR PROCESSING RECURRING PAYMENT TRANSACTIONS - Systems and methods for updating payment card records in real time for payment cards registered to be used for recurring payments in which the payment card itself is not present. In one aspect, a method for processing card-not-present recurring payment (CNP/RP) transactions is provided. The transactions include recurring purchases made by a cardholder using payment card information stored by a merchant. The method includes receiving, at an interchange network, a first authorization request message for the transaction, and querying a database coupled to the interchange network to determine whether the database includes updated payment card information for a payment card used in the transaction. The method also includes transmitting the updated payment card information from the interchange network to the merchant and updating the payment card information stored by the merchant to match the updated payment card information received from the interchange network. | 07-02-2009 |
20100174644 | Integrated File Structure Useful in Connection with Apparatus and Method for Facilitating Account Restructuring in an Electronic Bill Payment System - An electronic funds transfer bill payment operation of a financial institution receives first information representing an account restructuring of a biller which uses the electronic funds transfer bill payment operation. The first information is combined with second information into a uniformly formatted file. The second information is formatted differently than the first information. The second information includes card update information for recurring payment card payments made with payment cards issued by the financial institution. The uniformly formatted file is transferred to an operator of a payment network of a kind configured to facilitate transactions between multiple issuers and multiple acquirers. The uniformly formatted file specifies at least one old account number associated with a biller and at least one new account number associated with the biller. The payment network operator operates both a recurring payment transaction system for card-not-present recurring payments and an electronic funds transfer account conversion application in accordance with the uniformly formatted file. | 07-08-2010 |
20120265683 | Upgrading of Recurring Payment Cancellation Services - A method of reducing chargebacks due to a cancelled recurring payment, wherein the payment occurs within a card-based financial network, and wherein the network includes a database of unauthorized recurring charges and a defined chargeback procedure. The method generally includes the step of upgrading a recurring payment cancellation services file based on predefined occurrences relating to the identifying of cancelled recurring payments. | 10-18-2012 |
20120296824 | SYSTEMS AND METHODS FOR CORRECTION OF INFORMATION IN CARD-NOT-PRESENT ACCOUNT-ON-FILE TRANSACTIONS - A method for processing a card-not-present account-on-file transaction over a computer device coupled to a database is provided. Further, a network-based system for processing a card-not-present account-on-file transaction having a first transaction date is provided. Additionally, a computer coupled to a database for processing a card-not-present account-on-file transaction, is provided. Further, a non-transitory computer readable storage medium storing computer-executable instructions thereon for processing a card-not-present account-on-file transaction, is provided. The transaction is made by a cardholder using payment card information stored by a merchant. The payment card information includes a payment card account identifier, an expiration date associated with the payment card account identifier, and a payment card number associated with the payment card account identifier. | 11-22-2012 |
20140032409 | SYSTEMS AND METHODS FOR CORRECTION OF INFORMATION IN CARD-NOT-PRESENT ACCOUNT-ON-FILE TRANSACTIONS - In one aspect, a method for processing a card-not-present account-on-file transaction is provided. The transaction involves a cardholder using payment card information stored by a merchant. The method includes receiving an authorization request message for the transaction, the authorization request message received at a payment network from an acquirer associated with the merchant and receiving an authorization response message, the authorization response message received at the payment network from an issuer. The authorization response includes a denial indicator indicating that the transaction has been denied. The method further includes querying a database coupled to the payment network to determine whether the database includes updated payment card information for a payment card associated with the transaction. The method additionally includes transmitting the updated payment card information associated with the payment card account identifier associated with the transaction to the acquirer for the acquirer to communicate to the merchant. | 01-30-2014 |
20140195433 | UPGRADING OF RECURRING PAYMENT CANCELLATION SERVICES - A method of reducing chargebacks due to a cancelled recurring payment, wherein the payment occurs within a card-based financial network, and wherein the network includes a database of unauthorized recurring charges and a defined chargeback procedure. The method generally includes the step of upgrading a recurring payment cancellation services file based on predefined occurrences relating to the identifying of cancelled recurring payments. | 07-10-2014 |
20140258099 | SYSTEMS AND METHODS FOR UPDATING PAYMENT CARD EXPIRATION INFORMATION - A computer-implemented method for updating merchant information regarding card-not-present recurring payment (CNP/RP) transactions is provided, wherein the method involves a recurring transaction initiated by a cardholder using payment card information stored by a merchant. The method includes querying a database coupled to a payment network to identify a candidate payment card having stale payment card data. The stale payment card data includes at least an existing expiration date that is within a predetermined period of time of a selected calendar date. The method also includes querying the database to identify at least one recent transaction involving the candidate payment card. The recent transaction includes payment card data having an updated expiration date. The method further includes notifying the merchant that the existing expiration date has been replaced with the updated expiration date. | 09-11-2014 |
20140365368 | SYSTEMS AND METHODS FOR BLOCKING CLOSED ACCOUNT TRANSACTIONS - A method for denying a payment transaction initiated by a user using a payment card associated with a blocked account is provided. The method may be implemented by a computing device coupled to a memory device. The method includes receiving by the computing device a request to block an account number from being used in connection with payment transactions, and storing the account number in the memory device as a blocked account number. The method also involves receiving by the computing device a request to verify that a new payment transaction as not being associated with a blocked account number, the verification request including a candidate account number. The method also comprises comparing the candidate account number with the blocked account number stored in the memory device, and denying verification of the new payment transaction when at least a portion of the candidate account number matches the blocked account number. | 12-11-2014 |
Patent application number | Description | Published |
20090312469 | Low VOC aqueous compositions of phosphorus acid functional polymers and polyurethanes - The present invention provides compositions that enable excellent hardness in coating applications, the compositions containing one or more copolymer having as copolymerized units one or more acrylic monomer with a phosphorus acid-functional group, a polymeric side chain containing multi-acid functional groups, a salt thereof, or a combination thereof, one or more polyurethane dispersion made from a high molecular weight polyol, and one or more coalescent having a normal boiling point of 190° C. or higher. The compositions may be ambient curable. | 12-17-2009 |
20110244134 | MULTISTAGE EMULSION POLYMER AND COATINGS FORMED THEREFROM - A multi-stage aqueous emulsion polymer, an aqueous coating composition including the emulsion polymer, and a method for providing a coating including the emulsion polymer are provided. The multistage emulsion polymer includes from 10% to 30% by wt., based on the wt. of the multistage emulsion polymer, of a first polymer shell having an acid number of from 5 to 100, the first polymer having a calculated Mn of from 1000 to 4500 and a calculated Tg of lower then 100° C.; and from 70% to 90% by wt., based on the wt. of the multistage emulsion polymer, of a second polymer core having an acid number of from 0 to one-half the acid number of the first polymer, the second polymer having a calculated Mn of greater than 20,000. | 10-06-2011 |