Patent ID: 8065228

Claim:
A computer-implemented method for processing a microtransaction, the method comprising: receiving a purchase request having one or more electronic information packets comprising purchase information of a purchase initiated by a customer interacting with a merchant, the customer using a transaction account, the purchase request including a purchase amount; accessing a microtransaction threshold amount; determining whether the purchase amount is below the microtransaction threshold amount; when the purchase amount is above the microtransaction threshold amount, processing the purchase information through a first interchange entity as a non-microtransaction; and when the purchase amount is below the microtransaction threshold amount: electronically routing the purchase information to a second interchange entity, and processing the purchase information to effect the microtransaction between the customer and the merchant, wherein the second interchange entity aggregates the microtransaction with other microtransactions to form an aggregated transaction and outputs the processed purchase information to the payment enabler, such that the processed purchase information does not pass through the first interchange entity.