Patent ID: 6732919
Filing Date: 2004-05-11
Classification: G06Q,G07F

Abstract:
A system for facilitating financial transactions comprising:a terminal device configured to interface with a multi-use card, wherein said multi-use card was initially issued by an independent financial institution to represent a single independent credit account with said financial institution prior to use as a multi-use card, to present multi-use card information to a user, and to receive an input designating a selected account from said user; a database storing account information for accounts at multiple financial institutions pertaining to said multi-use card; and a processor configured to access said database, to send information to said terminal device, to receive information from said terminal device and said database, and to generate charges on said selected account wherein said processor queries said database to determine the types of accounts that can be used for said financial transactions and limits the information sent to said terminal device to said accounts that can be used for said financial transactions.