Proxy card management system
AssigneeEnpulz, LLC
InventorJames D. Bennett
Life of this patent
Estimating the term…
Abstract
A proxy card used at an ATM, or at any vendor store, that has a legacy point of sale unit or at a store with the smart point of sale. In general, it can be used with any vendor and otherwise as any credit or debit card might be used. The point-of sale unit interacts with a multi-source processing system (MSPS) that, instead of servicing a single money source, interacts with more than one of a plurality of monetary sources that may be associated with the proxy card. The money transferred from credit or debit accounts of the user may be either transferred directly or indirectly via a proxy central account associated with the MSPS that a user maintains.
Claims39
A proxy card management system comprising:
- a multi-source processing system that services proxy card interaction with both a first independent monetary account of a user and a second independent monetary account of the user, the first independent monetary account having a first reference identifier and the second independent monetary account having a second reference identifier, the multi-source processing system comprising an accounting management module, a transaction module, a transaction rules management module, and a user interaction module that:
- store a proxy card number, the proxy card number associated with the user, the first reference identifier and the second reference identifier;
- service a purchase transaction for the proxy card number by allocating a purchase amount between the first independent monetary account and the second independent monetary account;
- and
- service disassociation, based upon user input, of the proxy card number from the first reference identifier to disassociate the first independent monetary account from the proxy card number without having to engage in closure of the first independent monetary account.
A method carried out by a proxy card management system comprising:
- associating a proxy card number with a user;
- receiving, via user input, data identifying a first independent monetary account of the user and data regarding a second independent monetary account of the user;
- assigning a first reference identifier to the first independent monetary account;
- assigning a second reference identifier to the second independent monetary account;
- servicing a purchase transaction for the proxy card number by allocating a purchase amount between the first independent monetary account and the second independent monetary account;
- and
- servicing disassociation, based upon user input, of the proxy card number from the first reference identifier to disassociate the first independent monetary account from the proxy card number without having to engage in closure of the first independent monetary account.
A method carried out by a proxy card management system comprising:
- associating a proxy card number with a user;
- receiving, via user input, data identifying a first independent monetary account of the user and data regarding a second independent monetary account of the user;
- assigning a first reference identifier to the first independent monetary account;
- assigning a second reference identifier to the second independent monetary account;
- associating the proxy card number with a user device;
- servicing a purchase transaction for the proxy card number by allocating a purchase amount between the first independent monetary account and the second independent monetary account;
- and
- servicing disassociation, based upon user input, of the proxy card number from the first reference identifier to disassociate the first independent monetary account from the proxy card number without having to engage in closure of the first independent monetary account.
A transaction processing method comprising:
- a user device, comprising a proxy card, for:
- establishing a connection with a point of service (POS) device via a Near Field Communication (NFC) link;
- determining that the POS device requests a money transfer;
- communicating, to the POS device, information indicative of one or more payment providers for enacting the money transfer;
- and
- receiving an approval of the money transfer from the one or more payment providers.
A transaction processing system comprising:
- a user device, comprising a proxy card, configured to:
- connect with a point of service (POS) device via a Near Field Communication (NFC) link;
- authorize a money transfer to the POS device;
- communicate, to the POS device, information indicative of one or more payment providers for enacting the money transfer;
- and
- receive an approval of the money transfer from the one or more payment providers.
Dependencies are inferred from the claim text.