System and method for using a multiple-use credit card
AssigneeHewlett-Packard Development Company, L.P.
InventorsLee Macklin, Maria Pinsky, Jessica Kraemer
Life of this patent
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Abstract
The present invention includes a system and method for facilitating financial transactions including a device configured to interface with a token, using information from said token to access a database that includes account information for accounts at multiple financial institutions, presenting the associated account information to a user, accepting a selection from the user of a selected account and posting the charges onto the selected account.
Claims20
A system for facilitating financial transactions comprising:
- a terminal device configured to interface with a token, to present token information to a user, and to receive an input designating a selected account from said user;
- a database storing account information for accounts at multiple financial institutions pertaining to said token;
- and
- a processor configured to access said database, to send information to said terminal device and to receive information from said terminal device and said database, and to generate charges on said selected account.
A method for facilitating transactions comprising:
- storing account information in a database,
- associating said account information with accounts at at least one financial institution, wherein said accounts are identified by electronic information on a token;
- receiving said electronic information from said token;
- accessing said account information on said database using said electronic information from said token;
- presenting a plurality of account selection options representing said account information to a user;
- accepting a selection designating a selected account from said plurality of account selection options;
- and
- generating charges on said selected account.
A method for providing access to multiple credit accounts via a single credit card, wherein each account has an issued credit card, comprising:
- identifying at least two independent credit accounts that are to be accessible via a single credit card;
- storing information for each of said at least two independent credit accounts in a database;
- designating a credit card for one of said at least two independent credit accounts as a multi-account credit card;
- and
- associating said stored information for each of said at least two independent accounts with said designated multi-account credit card, wherein a user may use said multi-account credit card to complete financial transactions involving any of a selected one of said at least two independent credit accounts.
Dependencies are inferred from the claim text.