SG10201609889VA - A Method And An Apparatus For Allocating A Plurality Of Credit Limits And Use Thereof - Google Patents

A Method And An Apparatus For Allocating A Plurality Of Credit Limits And Use Thereof

Info

Publication number
SG10201609889VA
SG10201609889VA SG10201609889VA SG10201609889VA SG10201609889VA SG 10201609889V A SG10201609889V A SG 10201609889VA SG 10201609889V A SG10201609889V A SG 10201609889VA SG 10201609889V A SG10201609889V A SG 10201609889VA SG 10201609889V A SG10201609889V A SG 10201609889VA
Authority
SG
Singapore
Prior art keywords
credit limits
allocating
transaction
payer account
payment card
Prior art date
Application number
SG10201609889VA
Inventor
Gurunathan Arunmurthy
Original Assignee
Mastercard International Inc
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by Mastercard International Inc filed Critical Mastercard International Inc
Priority to SG10201609889VA priority Critical patent/SG10201609889VA/en
Priority to PCT/US2017/055724 priority patent/WO2018097904A1/en
Priority to US16/346,400 priority patent/US20190259098A1/en
Publication of SG10201609889VA publication Critical patent/SG10201609889VA/en

Links

Classifications

    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/38—Payment protocols; Details thereof
    • G06Q20/40—Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
    • G06Q20/405—Establishing or using transaction specific rules
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/03—Credit; Loans; Processing thereof
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/22—Payment schemes or models
    • G06Q20/24—Credit schemes, i.e. "pay after"
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/38—Payment protocols; Details thereof
    • G06Q20/40—Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
    • G06Q20/403—Solvency checks
    • G06Q20/4037—Remote solvency checks
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/38—Payment protocols; Details thereof
    • G06Q20/40—Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
    • G06Q20/409—Device specific authentication in transaction processing
    • G06Q20/4093—Monitoring of device authentication

Landscapes

  • Business, Economics & Management (AREA)
  • Accounting & Taxation (AREA)
  • Engineering & Computer Science (AREA)
  • Physics & Mathematics (AREA)
  • Strategic Management (AREA)
  • General Business, Economics & Management (AREA)
  • General Physics & Mathematics (AREA)
  • Theoretical Computer Science (AREA)
  • Finance (AREA)
  • Computer Security & Cryptography (AREA)
  • Development Economics (AREA)
  • Economics (AREA)
  • Marketing (AREA)
  • Technology Law (AREA)
  • Financial Or Insurance-Related Operations Such As Payment And Settlement (AREA)

Abstract

A METHOD AND AN APPARATUS FOR EFFECTING A TRANSACTION Disclosed in a computer-implemented method for allocating a plurality of credit limits for a payer account associated with a single payment card. The method includes receiving, at a server, a request message to allocate at least a second one of the plurality of credit limits for the payer account, each of the plurality of credit limits being a maximum payment amount that is authorised for payment to a category of transaction; and allocating the second one of the plurality of credit limits to the single payment card. [FIG. 2]
SG10201609889VA 2016-11-24 2016-11-24 A Method And An Apparatus For Allocating A Plurality Of Credit Limits And Use Thereof SG10201609889VA (en)

Priority Applications (3)

Application Number Priority Date Filing Date Title
SG10201609889VA SG10201609889VA (en) 2016-11-24 2016-11-24 A Method And An Apparatus For Allocating A Plurality Of Credit Limits And Use Thereof
PCT/US2017/055724 WO2018097904A1 (en) 2016-11-24 2017-10-09 A method and an apparatus for allocating a plurality of credit limits and use thereof
US16/346,400 US20190259098A1 (en) 2016-11-24 2017-10-09 A method and an apparatus for allocating a plurality of credit limits and use thereof

Applications Claiming Priority (1)

Application Number Priority Date Filing Date Title
SG10201609889VA SG10201609889VA (en) 2016-11-24 2016-11-24 A Method And An Apparatus For Allocating A Plurality Of Credit Limits And Use Thereof

Publications (1)

Publication Number Publication Date
SG10201609889VA true SG10201609889VA (en) 2018-06-28

Family

ID=60269912

Family Applications (1)

Application Number Title Priority Date Filing Date
SG10201609889VA SG10201609889VA (en) 2016-11-24 2016-11-24 A Method And An Apparatus For Allocating A Plurality Of Credit Limits And Use Thereof

Country Status (3)

Country Link
US (1) US20190259098A1 (en)
SG (1) SG10201609889VA (en)
WO (1) WO2018097904A1 (en)

Families Citing this family (3)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US11468430B2 (en) 2020-08-28 2022-10-11 The Toronto-Dominion Bank Value transfer card management system
CN112734422A (en) * 2020-12-28 2021-04-30 中国银联股份有限公司 Resource processing method, device, equipment and medium
US20220318926A1 (en) * 2021-03-30 2022-10-06 Truist Bank Application programming interface for providing common user interface access to data from separate systems

Family Cites Families (10)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US7359880B2 (en) * 2000-07-11 2008-04-15 Abel Luther C System and method for consumer control over card-based transactions
JP2002298045A (en) * 2001-03-30 2002-10-11 Fujitsu Ltd Credit card control method
US7455221B2 (en) * 2004-11-12 2008-11-25 Boscov's Department Store, Llc Method and system for providing multiple credit lines
US20080301041A1 (en) * 2007-05-31 2008-12-04 Mark Edward Bruk Method and system for processing financial transactions using multiple financial accounts
EP2272031A1 (en) * 2008-03-10 2011-01-12 Global Blue Currency Choice Holdings B.V. Dynamic currency conversion system and method
US8768801B1 (en) * 2008-06-30 2014-07-01 Intuit Inc. User managed spending plan
AU2010204567A1 (en) * 2009-01-15 2011-08-11 Visa U.S.A. Inc. Incentives associated with linked financial accounts
US20120265681A1 (en) * 2011-04-15 2012-10-18 Bank Of America Corporation Dynamic credit limit increase
US20130346302A1 (en) * 2012-06-20 2013-12-26 Visa International Service Association Remote Portal Bill Payment Platform Apparatuses, Methods and Systems
EP3131045A1 (en) * 2015-08-13 2017-02-15 Tata Consultancy Services Limited Credit limit management system and method

Also Published As

Publication number Publication date
US20190259098A1 (en) 2019-08-22
WO2018097904A1 (en) 2018-05-31

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