US 11,538,043 B2Granted

System and method for processing a card-not-present payment transaction by a purchaser using a friend's card for obtaining a reward

AssigneeMastercard International Incorporated

InventorsGanesh Shinde, Ravi Pareek, Arunmurthy Gurunathan

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Abstract

A server and method for processing a card-not-present transaction whereby a purchaser selects to use one or more friends' card to obtain a reward is disclosed. The server comprises at least a computer processor to: (i) receive, from a merchant server, a payment request including a contact mechanism for the friend(s); (ii) send a selection request to the friend(s) using the contact mechanism; (iii) receive, from the friend(s) a selection response including card number(s) eligible for the reward; (iv) request the issuer server(s) for authentication and blocking the amount; (v) track a cumulative amount dynamically and repeat steps (iii) and (iv) until equal to or greater than the payment amount; (vi) generate a virtual card number for one time use based on the card number(s); and (vii) send a payment response to the merchant server including the virtual card number for the purchaser to complete the transaction.

Claims20

Dependent claims

A payment network server for processing a card-not-present transaction associated with a purchaser, the server comprising at least a computer processor and a data storage device, the data storage device comprising instructions operative by the computer processor to:

(i) receive, from a merchant server, a payment request for a transaction associated with the purchaser, comprising a payment amount for a product, a plurality of contact mechanisms associated with cardholders eligible for a reward associated with the transaction, and details of the reward;
(ii) send a selection request using the plurality of contact mechanisms to the cardholders, the selection request comprising the details of the reward, the payment amount and a list of payment cards eligible for the reward;
(iii) receive, from at least two cardholders of the cardholders eligible for the reward, a selection response collectively comprising at least two card numbers corresponding to at least two payment cards eligible for the reward, and an amount specified by each of the at least two cardholders;
(iv) request one or more issuer servers to block the amount specified by each of the at least two cardholders using the at least two card numbers;
(v) dynamically track a cumulative amount by collating the amount specified by each card cardholder of the at least two cardholders;
(vi) determine that the cumulative amount is equal to or greater than the payment amount;
(vi) upon determining that the cumulative amount is equal to or greater than the payment amount, generate a virtual card number for one time use based on the at least two card numbers;
(vii) set, by the payment network server, a spending limit associated with the virtual card number to the payment amount;
(viii) send a payment response to the merchant server including the virtual card number for the purchaser to use to complete the transaction;
and
(ix) debit the payment amount from a repayment mechanism of the purchaser and credit respective payment amounts to the at least two card numbers received from the at least two cardholders.

8 more elements

A computer implemented method for processing a card-not-present transaction associated with a purchaser, the method comprising:

(i) receiving, from a merchant server, a payment request for a transaction associated with the purchaser, comprising a payment amount for a product, a plurality of contact mechanisms associated with cardholders eligible for a reward associated with the transaction, and details of the reward;
(ii) sending a selection request using the plurality of contact mechanisms to the cardholders, the selection request comprising the details of the reward, the payment amount and a list of payment cards eligible for the reward;
(iii) receiving from at least two cardholders of the cardholders eligible for the reward, a selection response collectively comprising at least two card numbers corresponding to at least two payment cards eligible for the reward, and an amount specified by each of the at least two cardholders;
(iv) requesting one or more issuer servers to block the amount specified by each of the at least two cardholders using the at least two card numbers;
(v) dynamically tracking a cumulative amount by collating the amount specified by each card cardholder of the at least two cardholders;
(vi) determining that the cumulative amount is equal to or greater than the payment amount;
(vi) upon determining that the cumulative amount is equal to or greater than the payment amount, generating a virtual card number for one time use based on the at least two card numbers;
(vii) set a spending limit associated with the generated virtual card number to the payment amount;
(viii) sending a payment response to the merchant server including the virtual card number for the purchaser to use to complete the transaction;
and
(ix) debiting the payment amount from a repayment mechanism of the purchaser and crediting respective payment amounts to the at least two card numbers received from the at least two cardholders.

8 more elements

Dependencies are inferred from the claim text.

Facts

Application: 16/514,511Filed 17 Jul 2019
Priority: SG 10201806753R8 Aug 2018
Published: US 2020/0051085 A113 Feb 2020
Granted: 27 Dec 2022
Term ends: Not estimatedThe source records don’t support an estimate.

Classification8 codes

G06Q 20/409
Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check…:…
G06Q 20/0855
Involving remote charge determination or related payment systems: involving a third party
G06Q 20/351
Using cards, e.g. integrated circuit [IC] cards or magnetic cards: virtual cards
G06Q 20/367
Using electronic wallets or electronic money safes: involving electronic purses or money safes