Patent ID: 7668785

Claim:
A method comprising: a) sending a first transaction notification message comprising first transaction information comprising an original payee identifier to a first portable consumer device operated by a first user within 5 minutes of an initiation of a first transaction; b) receiving, from the first user, updated transaction information comprising an updated payee identifier at a central server computer; c) storing the updated transaction information in a database; and d) sending a second transaction notification message using the updated transaction information to the first portable consumer device operated by the first user within 5 minutes after an initiation of a second transaction, wherein receiving the updated transaction information comprises receiving an updated merchant identifier, wherein the original payee identifier is an original merchant identifier and wherein the updated payee identifier is an updated merchant identifier, and wherein a), c), and d) are performed by the central server computer, and wherein the original merchant identifier and the updated merchant identifier are associated with the same merchant, wherein the method further comprises receiving by the central server computer, subsequent transaction information for a subsequent transaction conducted by a second user; and responsive to receiving the subsequent transaction information, sending a subsequent transaction notification message comprising the updated transaction information to a second portable consumer device operated by the second user within 5 minutes after an initiation of a subsequent transaction conducted by the second user.