Reimbursement process and processor for conducting a financial transaction

A method of conducting a financial transaction, comprising the steps of:

• receiving purchase transaction data associated with at least one purchase transaction conducted by a user using a registered purchase account,
• wherein the registered purchase account is issued with an absence of association to a reimbursement account,
• wherein the at least one purchase transaction comprises at least one of reimbursable and unallowable purchases,
• wherein the at least one purchase transaction creates an obligation upon the user of the registered purchase account to pay for the at least one purchase transaction with funds associated with the user from an account other than the reimbursement account,
• wherein purchase transaction data associated with the at least one purchase transaction is collected, and
• wherein, subsequent to the issuance of the registered purchase account, an association is created between the registered purchase account and the reimbursement account for reimbursement transactions;
• identifying purchases that are reimbursable from the purchase transaction data;
• and
• implementing authorization for reimbursement when there are identified reimbursable purchases,
• wherein the identified reimbursable purchases are associated with the reimbursement account based upon the association between the registered purchase account and the reimbursement account.

A method of conducting a financial transaction, comprising the steps of:

• collecting purchase transaction data associated with a user,
• wherein the purchase transaction data is associated with at least one purchase transaction conducted by the user using a registered purchase account,
• wherein the registered purchase account is issued with an absence of association to a reimbursement account,
• wherein the at least one purchase transaction comprises at least one of reimbursable and unallowable purchases, and
• wherein the at least one purchase transaction creates an obligation upon the user of the registered purchase account to pay for the at least one purchase transaction with funds associated with the user from an account other than the reimbursement account;
• and
• providing the collected purchase transaction data for analysis,
• wherein, subsequent to the issuance of the registered purchase account, an association is created between the registered purchase account and the reimbursement account for reimbursement transactions,
• wherein purchases from the purchase transaction data are analyzed to determine reimbursable purchases and unallowable purchases,
• wherein authorization for reimbursement is initiated when there are reimbursable purchases, and
• wherein the reimbursable purchases are associated with the reimbursement account based upon the association between the registered purchase account and the reimbursement account.

A method of conducting a financial transaction, comprising the steps of:

• providing a registered purchase account to a user by a third-party entity,
• wherein the registered purchase account is issued with an absence of association to a reimbursement account,
• wherein the user uses the registered purchase account to conduct purchase transactions,
• wherein the purchase transactions comprise at least one of reimbursable and unallowable purchases, and
• wherein the purchase transactions create an obligation upon the user of the registered purchase account to pay for the purchase transactions with funds associated with the user from an account other than the reimbursement account;
• collecting purchase transaction data associated with the purchase transactions on behalf of the third-party entity;
• analyzing purchase transactions from the purchase transaction data to determine reimbursable purchases and unallowable purchases,
• wherein, subsequent to the issuance of the registered purchase account, an association is created between the registered purchase account and the reimbursement account for reimbursement transactions,
• wherein authorization for reimbursement is initiated when there are reimbursable purchases, and
• wherein the reimbursable purchases are associated with the reimbursement account based upon the association between the registered purchase account and the reimbursement account;
• and
• forwarding information associated with the analyzed purchase transaction data to the third-party entity.

A method of conducting a financial transaction, comprising the steps of:

• obtaining a registered purchase account by a user,
• wherein the registered purchase account is issued with an absence of association to a reimbursement account;
• conducting purchase transactions using the registered purchase account,
• wherein the purchase transactions comprise at least one of reimbursable and unallowable purchases,
• wherein the purchase transactions create an obligation upon the user of the registered purchase account to pay for the purchase transactions with funds associated with the user from an account other than the reimbursement account,
• wherein purchase transaction data associated with the purchase transactions conducted by the user is collected,
• wherein, subsequent to the issuance of the registered purchase account, an association is created between the registered purchase account and the reimbursement account for reimbursement transactions,
• wherein purchase transactions from the collected purchase transaction data are analyzed to determine reimbursable purchases and unallowable purchases,
• wherein authorization for reimbursement is initiated when there are reimbursable purchases, and
• wherein the reimbursable purchases are associated with the reimbursement account based upon the association between the registered purchase account and the reimbursement account.

A system for conducting a financial transaction, comprising:

• a purchase transaction data collector,
• wherein a registered purchase account is issued with an absence of association to a reimbursement account,
• wherein at least one purchase transaction is conducted by a user using the registered purchase account,
• wherein the at least one purchase transaction comprises at least one of reimbursable and unallowable purchases,
• wherein the at least one purchase transaction creates an obligation upon the user of the registered purchase account to pay for the at least one purchase transaction with funds associated with the user from an account other than the reimbursement account,
• wherein the purchase transaction data collector is configured to collect purchase transaction data associated with the at least one purchase transaction, and
• wherein, subsequent to the issuance of the registered purchase account, an association is created between the registered purchase account and the reimbursement account for reimbursement transactions;
• and
• a reimbursement processor in communication with the purchase transaction data collector,
• wherein the reimbursement processor is configured to receive the purchase transaction data from the purchase transaction data collector,
• wherein the reimbursement processor is configured to identify purchases that are reimbursable from the purchase transaction data,
• wherein the reimbursement processor is configured to implement authorization for reimbursement when there are identified reimbursable purchases, and
• wherein the identified reimbursable purchases are associated with the reimbursement account based upon the association between the registered purchase account and the reimbursement account.

A system for conducting a financial transaction, comprising:

• means collecting purchase transaction data associated with a user,
• wherein the purchase transaction data is associated with at least one purchase transaction conducted by the user using a registered purchase account,
• wherein the registered purchase account is issued with an absence of association to a reimbursement account,
• wherein the at least one purchase transaction comprises at least one of reimbursable and unallowable purchases,
• wherein the at least one purchase transaction creates an obligation upon the user of the registered purchase account to pay for the at least one purchase transaction with funds associated with the user from an account other than the reimbursement account,
• wherein, subsequent to the issuance of the registered purchase account, an association is created between the registered purchase account and the reimbursement account for reimbursement transactions;
• and
• means for analyzing the collected purchase transaction data,
• wherein the purchase transaction data analyzing means is configured to analyze purchases from the purchase transaction data to determine reimbursable purchases and unallowable purchases,
• wherein authorization for reimbursement is initiated when there are reimbursable purchases, and
• wherein the reimbursable purchases are associated with the reimbursement account based upon the association between the registered purchase account and the reimbursement account.