SG10201706219SA - Payment transaction processing systems and methods - Google Patents

Payment transaction processing systems and methods

Info

Publication number
SG10201706219SA
SG10201706219SA SG10201706219SA SG10201706219SA SG10201706219SA SG 10201706219S A SG10201706219S A SG 10201706219SA SG 10201706219S A SG10201706219S A SG 10201706219SA SG 10201706219S A SG10201706219S A SG 10201706219SA SG 10201706219S A SG10201706219S A SG 10201706219SA
Authority
SG
Singapore
Prior art keywords
transaction
methods
payment
processing systems
account
Prior art date
Application number
SG10201706219SA
Inventor
Kumbhar Abhijeet
Singhal Siddhant
Kapoor Akshit
Kumar Amit
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 SG10201706219SA priority Critical patent/SG10201706219SA/en
Priority to US15/997,893 priority patent/US20190034927A1/en
Publication of SG10201706219SA publication Critical patent/SG10201706219SA/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
    • G06Q20/401—Transaction verification
    • 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
    • G06Q20/227—Payment schemes or models characterised in that multiple accounts are available, e.g. to the payer
    • 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
    • G06Q20/30—Payment architectures, schemes or protocols characterised by the use of specific devices or networks
    • G06Q20/36—Payment architectures, schemes or protocols characterised by the use of specific devices or networks using electronic wallets or electronic money safes
    • 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

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)
  • Computer Networks & Wireless Communication (AREA)
  • Development Economics (AREA)
  • Economics (AREA)
  • Financial Or Insurance-Related Operations Such As Payment And Settlement (AREA)

Abstract

PAYMENT TRANSACTION PROCESSING SYSTEMS AND METHODS Systems and methods for processing a transaction authorization request are disclosed. If a total transaction amount exceeds an available account balance or credit limit of a payment card associated with the transaction authorization request, an auxiliary payment account such as a wallet account linked to the payment card may be used to complete the transaction. Thus the transaction is partitioned into a payment card transaction and an auxiliary payment account transaction which have a combined transaction amount that corresponds to the total transaction amount. [Figure to print with abstract: Fig. ] 20
SG10201706219SA 2017-07-31 2017-07-31 Payment transaction processing systems and methods SG10201706219SA (en)

Priority Applications (2)

Application Number Priority Date Filing Date Title
SG10201706219SA SG10201706219SA (en) 2017-07-31 2017-07-31 Payment transaction processing systems and methods
US15/997,893 US20190034927A1 (en) 2017-07-31 2018-06-05 Payment transaction processing systems and methods

Applications Claiming Priority (1)

Application Number Priority Date Filing Date Title
SG10201706219SA SG10201706219SA (en) 2017-07-31 2017-07-31 Payment transaction processing systems and methods

Publications (1)

Publication Number Publication Date
SG10201706219SA true SG10201706219SA (en) 2019-02-27

Family

ID=65037643

Family Applications (1)

Application Number Title Priority Date Filing Date
SG10201706219SA SG10201706219SA (en) 2017-07-31 2017-07-31 Payment transaction processing systems and methods

Country Status (2)

Country Link
US (1) US20190034927A1 (en)
SG (1) SG10201706219SA (en)

Families Citing this family (3)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
CN110097348B (en) * 2019-05-15 2022-08-02 快哒了科技(广州)有限公司 Payment method, payment device, computer equipment and storage medium for electronic transaction
JP6934923B2 (en) * 2019-09-27 2021-09-15 株式会社ジェーシービー Remittance brokerage systems, remittance brokerage methods, and programs
SG10202001079QA (en) * 2020-02-06 2020-07-29 Alipay Labs Singapore Pte Ltd Method and System for Processing a Transaction

Family Cites Families (4)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US8190514B2 (en) * 1999-11-05 2012-05-29 Lead Core Fund, L.L.C. Systems and methods for transaction processing based upon an overdraft scenario
US8636203B1 (en) * 2005-12-06 2014-01-28 Visa U.S.A. Inc. Partial authorization of a financial transaction
US20120239477A1 (en) * 2011-01-24 2012-09-20 Allen Cueli Statement Portal With Receipt Tagging And Associated Enhanced Benefit Messaging
US20150095225A1 (en) * 2013-10-02 2015-04-02 Mastercard International Incorporated Enabling synchronization between disparate payment account systems

Also Published As

Publication number Publication date
US20190034927A1 (en) 2019-01-31

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