Patent ID: 8700513

Claim:
A method of processing an access transaction, the processing method comprising: receiving access transaction application data from a portable consumer device, wherein the received data comprises data from an access transaction data string that includes a transit verification value adapted for offline verification processing in connection with the portable consumer device; wherein the access transaction application data has an access data field configuration for use with a reader of an agency, wherein retail application data has a retail data field configuration for use with a retail processing system of an issuer of the portable consumer device such that the issuer receives the retail application data and processes it to either authorize or deny a retail transaction and the retail data field configuration includes a retail primary account number (PAN) associated with the retail application data, wherein the retail data field configuration of the retail application data corresponds to a standardized format, and wherein the access data field configuration of the access transaction application data conforms to a magnetic stripe data (MSD) configuration; and processing the received data, wherein processing the received data includes processing the transit verification value.