Patent ID: 8584936
Filing Date: 2013-11-19
Classification: G06Q

Abstract:
1. A method for authorization of usage of a payment device at a merchant, said payment device having an associated account number and being issued by an issuer coupled to a payment processing network, said method comprising the steps of: facilitating obtaining said account number in connection with a putative transaction with a terminal of said merchant; facilitating determining whether said account number is in an active file of said merchant which indicates whether said account number is known to said merchant, using an apparatus intermediate said terminal and said payment processing network; responsive to said determining step indicating that said account number is not in said active file of said merchant, such that said account number is not known to said merchant; facilitating conducting subsequent putative transactions for said account number; facilitating determining that a parameter associated with said account number is reaching a predetermined relationship with said spending limit; and responsive to said determining that said parameter is reaching said predetermined relationship, facilitating obtaining a new issuer authorization decision to adjust a spendable balance associated with said account number.