Patent ID: 8523053

Claim:
A method for processing a transaction between a consumer and a merchant, processing the transaction with a merchant POS device, the merchant POS device in communication with a contactless payment device, the method comprising: receiving a request for a transaction; retrieving from the merchant POS device a previously determined preferred payment network for the transaction based on a preference by the merchant, wherein the preferred payment network comprises a payment network selected from the group consisting of a debit payment network, a credit payment network, and a stored value payment network; providing an application identifier to the contactless payment device from the merchant POS device prior to receiving an application identifier or application information from the contactless payment device, wherein the application identifier is associated with the preferred payment network and is sent to the contactless payment device to indicate the application preference of the merchant prior to receiving application identifier information from the contactless payment device; receiving, from the contactless payment device, application data associated with the payment network preferred by the merchant; and completing the transaction with the application data.