Patent ID: 7870071

Claim:
A method comprising: receiving, by a computer based system for facilitating use of a transaction account, a common account identifier, wherein a common transaction account is associated with said common account identifier, wherein said common transaction account is associated with a first transaction account and a second transaction account, wherein said first transaction account is associated with a first account identifier and a first authorizer, and wherein said second transaction account is associated with a second account identifier and a second authorizer; recognizing, by said computer based system, said common account identifier as being associated with more than one account; determining, by said computer based system, based on selection criteria, one of said first transaction account and said second transaction account to access for processing a transaction, resulting in a selected transaction account, wherein said selection criteria are defined by an owner of said common account, and wherein said selection criteria further include said first transaction account being selected in response to a transaction being initiated with at least one of a first group of merchants and a first type of products, and said second transaction account being selecting in response to a transaction being initiated with at least one of a second group of merchants and a second type of products; receiving, by said computer based system, at least one of a first biometric indicator and a second biometric indicator, wherein said first biometric indicator is associated with said first transaction account and said second biometric indicator is associated with said second transaction account; accessing, by said computer based system, said selected transaction account based on said selection criteria and at least one of said first biometric indicator and said second biometric indicator; communicating, by said computer based system, an authorization request to at least one of said first authorizer and said second authorizer in response to said computer determining said transaction is processed by a respective at least one of said first transaction account and said second transaction account; and processing, by said computer based system, said transaction via said selected transaction account.