Patent ID: 8712854

Claim:
A non-transitory computer readable medium having instructions stored thereon which when executed by a processor cause the processor to: receive transaction information from a point-of-sale device, the transaction information comprising an authorization request, a payment card account number, and a merchant identifier; determine whether the payment card account number identifies a combination payment card, wherein the combination payment card has an assigned card number that is associated with both a closed-loop account and an open-loop account, wherein the closed-loop account associated with the assigned card number is affiliated with a closed-loop merchant and the open-loop account associated with the assigned card number is affiliated with a sponsoring network; when the payment card account number identifies the combination payment card: determine, based on the merchant identifier, whether the transaction information is received from the closed-loop merchant; when the received transaction information is from the closed-loop merchant, determine whether the closed-loop account has sufficient funds; when the closed-loop account has sufficient funds, cause an authorization of sale to be transmitted to the point-of-sale device; when the received transaction information is not from the closed-loop merchant, communicate with the sponsoring network to determine whether the open-loop account has sufficient funds; when the open-loop account has sufficient funds, cause an authorization of sale to be transmitted to the point-of-sale device; and when the payment card account number is not associated with the combination payment card, communicate with the sponsoring network to determine whether a payment card account identified by the payment card account number has sufficient funds.