Patent ID: 8799067
Filing Date: 2014-08-05
Classification: G06Q

Abstract:
1. A computer-implemented method for a merchant debit card program, comprising: storing, at a card processing system, program data for a merchant debit card program associated with a merchant, the merchant being an entity that sells products and/or services to consumers and issues debit cards to consumers, the program data including issuer data identifying a plurality of authorized issuers, the issuers being entities that issue and manage deposit accounts associated with the debit cards issued by the merchant for consumers; receiving, at the card processing system from a consumer via the merchant, application data including a request for a debit card account and a request for a deposit account associated with the debit card account; identifying, at the card processing system, from the program data stored prior to receiving the application data from the consumer, more than one of the plurality of authorized issuers for communication of the request for a deposit account associated with the debit card account; transmitting the request for a deposit account associated with the debit card account from the card processing system to the identified more than one authorized issuers, the request for a deposit account requesting the identified more than one authorized issuers to issue and manage a deposit account for the consumer that is associated with the debit card account and is associated with a debit card issued by the merchant to the consumer; receiving, from more than one of the authorized issuers which the request for a deposit account was transmitted to, a response indicating acceptance or rejection of the request for a deposit account; forwarding the more than one received responses to the merchant; and storing, at the card processing system, debit card account information associated with the consumer and an issuer identifier identifying at least one authorized issuer that accepted the consumer's request for a deposit account and issued a deposit account for the consumer in response to the request.