Patent ID: 8285592
Filing Date: 2012-10-09
Classification: G06Q

Abstract:
1. A computer-based method for processing a financial transaction through an interchange network using an enhanced payment card, the interchange network associated with a computer coupled to a database, the enhanced payment card issued to a cardholder by an issuer, said method comprising: storing within the database a list of card identifiers for identifying each enhanced payment card of a plurality of enhanced payment cards; receiving, at the computer, an authorization request message generated at a point of sale (POS) device associated with a merchant, the authorization request message including a card identifier and relating to a transaction initiated by the cardholder with the merchant using the enhanced payment card; electronically identifying the transaction as involving the enhanced payment card by matching the received card identifier to the list of card identifiers stored within the database; electronically adding a product code to the authorization request message identifying the transaction as an enhanced payment card transaction; and instructing the merchant to transmit to the computer an addendum file including enhanced transaction data for the enhanced payment card transaction.