Patent ID: 9311643
Filing Date: 2016-04-12
CPC Classification: G06Q,G07B

Claim Text:
1. A method comprising: receiving, from a plurality of merchant terminals, transaction data of a plurality of offline transactions conducted with a plurality of portable payment devices, wherein each of the offline transactions permitted a consumer to receive and use a good or service prior to obtaining online payment authorization from an issuer of the respective portable payment device used in each offline transaction, and at least one of the offline transactions has a transaction amount that is unknown at the time of the offline transaction; aggregating the transaction data of the plurality of offline transactions into an aggregation set of offline transactions, determining if the aggregation set of offline transactions satisfies a predetermined transaction aggregation criteria; sending the aggregation set of offline transactions including the plurality of offline transactions conducted with the plurality of portable payment devices in a batch to a payment processing system to request online payment authorization from one or more issuers of the portable payment devices when the aggregation set of offline transactions satisfy the predetermined transaction aggregation criteria.