Patent ID: 7878394
Filing Date: 2011-02-01
Classification: G06Q

Abstract:
1. A computer-implemented method for managing transaction card accounts, comprising: enabling, using a computer, a credit card account by a card issuer for use with at least one of a pre-defined category of providers classified according to a type of goods/services that are provided and a pre-defined category of goods/services classified according to a type of goods/services sold in credit transactions that are processed exclusively through a card association credit card processing network according to pre-defined card association credit card processing procedures; establishing, using the computer, a pre-qualified category credit card account for a cardholder associated with a credit card branded with a non-card association brand issued to the cardholder by the card issuer for use in said credit transactions for said at least one of the pre-defined category of providers classified according to the type of goods/services that are provided and pre-defined category of goods/services classified according to the type of goods/services sold that are processed exclusively through the card association credit card processing network according to the pre-defined card association credit card processing procedures; receiving, using the computer, data for a credit transaction entered at a transaction terminal having a credit card reader through which the credit card is swiped in connection with the credit transaction, the credit transaction data being received by a credit card processing platform of the card issuer via said card association credit card processing network; interrogating, using the computer, the category of the provider and goods/services to determine whether or not the credit transaction can be posted on the pre-qualified category credit card account of the cardholder for use in said credit transactions for said at least one of the pre-defined category of providers classified according to the type of goods/services that are provided and pre-defined category of goods/services classified according to the type of goods/services sold that are processed exclusively through the card association credit card processing network according to the pre-defined card association credit card processing procedures; and approving, using the computer, the credit transaction and posting the credit transaction to the pre-qualified category credit card account if the credit transaction falls within the pre-qualified category of the cardholder of said at least one of the pre-defined category of providers classified according to the type of goods/services that are provided and pre-defined category of goods/services classified according to the type of goods/services sold that are processed exclusively through the card association credit card processing network according to the pre-defined card association credit card processing procedures.