Patent ID: 8086493
Filing Date: 2011-12-27
Classification: G06Q

Abstract:
1. A computer-implemented method comprising: transmitting, by a merchant computer system configured to facilitate authorization of said transaction, at least a portion of a request message including a code to an authorization system in a pre-existing data message, wherein said authorization system authenticates said code; receiving, by said merchant computer system, a response from said authorization system in a pre-existing data message indicating that said code is a valid dynamically generated code comprising four digit batch code (4DBC), wherein said response includes an authorization code related to said transaction and indicative of said authorization being based on validation of said dynamically generated code, and wherein said response confirms an allocation to an issuer of a fraud risk associated with said transaction based upon said indication that said code is said valid dynamically generated code; and completing, by said merchant computer system, said transaction.