Processing Transactions

A system for a multicurrency card for use with a processing scheme for processing transactions, the multicurrency card being associated with a plurality of currencies, each of the plurality of currencies being associated with a respective wallet capable of representing funds in its respective currency, the processing scheme being configured so as to preferentially debit, for a transaction, the wallet associated with the currency of the transaction, the system comprising one or more processors, one or more computer-readable tangible storage devices, and program instructions stored on at least one of the one or more storage devices for execution by at least one of the one or more processors, the combination of said processors and program instructions comprising:

• a maintenance processor configured to inhibit the balance of a subset of the wallets associated with the plurality of currencies such that the balance for each of said subset of wallets is less than or equal to a predetermined amount irrespective of the currency of credit credited to the multicurrency card.

A system for a multicurrency card for use with a processing scheme for processing transactions, the multicurrency card being associated with a plurality of currencies, each of the plurality of currencies being associated with a respective wallet capable of representing funds in its respective currency, the processing scheme being configured so as to preferentially debit, for a transaction, the wallet associated with the currency of the transaction, the system comprising one or more processors, one or more computer-readable tangible storage devices, and program instructions stored on at least one of the one or more storage devices for execution by at least one of the one or more processors, the combination of said processors and program instructions comprising:

• a maintenance processor configured to intermittently transfer credit from a subset of the wallets associated with the plurality of currency wallets such that the remaining balance for each of said subset of wallets is less than or equal to a predetermined amount.

A method for maintaining a multicurrency card for use with a processing scheme for processing transactions, the multicurrency card being associated with a plurality of currencies, each of the plurality of currencies being associated with a respective wallet capable of representing funds in its respective currency, the processing scheme being configured so as to preferentially debit, for a transaction, the wallet associated with the currency of the transaction, the method comprising the step of:

• a processor inhibiting the crediting of the balance of a subset of the wallets associated with the plurality of currencies such that the balance for each of said subset of wallets is less than or equal to a predetermined amount irrespective of the currency of credit credited to the multicurrency card.