Patent ID: 7660765
Filing Date: 2010-02-09
Classification: G06Q

Abstract:
1. A computer-implemented method for processing a microtransaction, the method comprising: receiving a purchase request including one or more electronic information packets and a purchase amount, the one or more electronic information packets including purchase information of a purchase initiated by a customer using a transaction account and interacting with a merchant; accessing a microtransaction threshold amount; comparing the purchase amount to the microtransaction threshold amount using a computer processor; when the purchase amount is above the microtransaction threshold amount: when the purchase amount is equal to or below the microtransaction threshold amount: wherein the microtransaction includes a first set of attributes and the non-microtransaction includes a second set of attributes, the first set of attributes different from the second set of attributes, and the first set of attributes including a decreased ability to challenge charges as being incorrect when compared to the second set of attributes.