Invention Grant
- Patent Title: Recurring transaction processing
- Patent Title (中): 经常性交易处理
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Application No.: US12778841Application Date: 2010-05-12
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Publication No.: US08095464B2Publication Date: 2012-01-10
- Inventor: Barbara Patterson , Donald L. Rowberry
- Applicant: Barbara Patterson , Donald L. Rowberry
- Applicant Address: US CA San Francisco
- Assignee: Vista International Service Association
- Current Assignee: Vista International Service Association
- Current Assignee Address: US CA San Francisco
- Agency: Kilpatrick Townsend & Stockton LLP
- Main IPC: G06Q40/00
- IPC: G06Q40/00

Abstract:
Techniques for processing of recurring payments are provided that allow a consumer to decide whether to update consumer account information at a merchant when a consumer is issued new account information for a payment card or the like. For example, a consumer may register with a payment processing network associated with the consumer's payment card. During registration, the consumer may indicate the payment card number and expiration date, the name of merchants that the consumer pays on a recurring basis using the payment card and the corresponding merchant website addresses, in what form the consumer would like to receive alerts (e.g. text message, email), and when to receive alerts (e.g. a particular number of days prior to the expiration date). The payment processing network sends the consumer an alert message based on the preferences indicated during registration, including the names and website links for each merchant indicated during registration. The consumer can use the alert message to access the merchant websites and update the account information for a new payment card.
Public/Granted literature
- US20100299230A1 RECURRING TRANSACTION PROCESSING Public/Granted day:2010-11-25
Information query