Patent ID: 7500598

Claim:
A method for processing a check comprising the steps of: linking a plurality of checks issued by a check issuing entity to a transaction card account issued by a card issuer, wherein the card issuer and the check issuing entity are distinct; receiving a check issued by the check issuing entity and linked to the transaction card account, at the check issuing entity, said check having purchase transaction data provided thereon, wherein the purchase transaction data includes at least one of a cost center, a cost code, a project code, an override code, and a description of a purchase; verifying, at the check issuing entity, that the transaction card account is authorized by the card issuer to receive checks; entering, by the check issuing entity, the purchase transaction data into a predetermined data field in an electronic file comprising other purchase transaction data; communicating, by the check issuing entity, the electronic file to the card issuer; and associating the purchase transaction data to the transaction card account linked to the plurality of checks.