Patent ID: 9547864
Date: 2017-01-17
CPC Classifications: G06Q

Claim:
1. A method for updating expiry information of an account, the method is implemented by a payment network computing device, the payment network computing device includes one or more processors and is in communication with a memory, the method comprising: receiving an authorization request message for a card-on-file transaction, the authorization request message including an original primary account number (PAN) and an original expiration date for a first account; determining that an updated expiration date for the first account is stored in a database in communication with the payment network computing device, wherein the updated expiration date is later than the original expiration date; replacing, while processing the card-on-file transaction, the original expiration date for the first account with the updated expiration date in the authorization request message; and transmitting the authorization request message to an issuing bank associated with the original PAN for the first account.