Systems and methods for real-time account access

Patent metadata

Field	Value
Publication number	US-2023123772-A1
Application number	US-202218068296-A
Country	US
Kind code	A1
Filing date	Dec 19, 2022
Priority date	Mar 19, 2012
Publication date	Apr 20, 2023
Grant date	—

Abstract

Systems and methods for real-time account access, allowing access to accounts (such as deposit, credit, or debit accounts) through network processing infrastructures such as Electronic Funds Transfer (EFT). In some embodiments, consumers and/or merchants are able to effect transaction requests against accounts, using a pseudo-Identifier or other identifier, and without the need to provide an account number or card number. In other embodiments, payment networks are able to route and process transaction requests against accounts, without having a card number or account number. In other embodiments, account processing systems are able to determine an appropriate account based on transaction requests that do not contain card numbers or account numbers.

First claim

1 - 60 . (canceled)

61 . A method for processing payment transactions via a network comprising:
receiving a transaction request, the transaction request comprising a data structure, the data structure comprising information relating to the transaction; locating a pseudo-identifier in the data structure, the pseudo-identifier containing a portion indicating that the pseudo-identifier is not an account number or a card number; routing the transaction request to an accounting computer system based on existence of the portion within the data structure; receiving a response from the accounting computer system; and determining whether to approve or deny the transaction request based on the response.

62 . The method of claim 61 , the method further comprising determining the accounting computer system based on the pseudo-identifier and an existence of the portion within the data structure.

63 . The method of claim 62 , the method further comprising selecting the accounting computer system based on information stored in a data store and the transaction request, wherein routing the transaction request to the accounting computer system is further based on the selecting of the accounting computer system.

64 . The method of claim 61 , the method further comprising:
generating a notification based on the determination of whether to approve or deny the transaction request based on the response, the notification including information indicating whether the transaction request was approved or denied; and transmitting the notification to at least one of a payment network or an acquirer processor associated with the request.

65 . The method of claim 61 , wherein the pseudo-identifier comprises a limited use pseudo-identifier.

66 . The method of claim 61 , wherein the data structure comprises information signifying attributes of a transaction.

67 . The method of claim 61 , wherein the transaction request is received from a payment network as part of a batch operation.

68 . The method of claim 61 , wherein the transaction request is received from a payment system in an event triggered by the payment system receiving the transaction request from an acquirer system.

69 . The method of claim 61 , wherein the information based on the account balance indicates that a transaction is authorized or is unauthorized.

70 . The method of claim 61 , wherein the information based on the account balance comprises the account balance.

71 . The method of claim 61 , the method further comprising reconciling a transaction based on the determining whether to approve or deny the transaction request.

72 . The method of claim 61 , wherein the accounting computer system is associated with an issuer.

73 . The method of claim 61 , wherein the data structure comprises information uniquely identifying a user.

74 . The method of claim 61 , wherein the transaction request comprises at least one of:
a request for a current balance; a request for whether at least one of an available balance or a ledger balance is more than, less than, or equal to an amount in the transaction request; a request for an account health indicator; or a request for information associated with a user.

75 . The method of claim 61 , the method further comprising:
transmitting a notification to an acquirer system via a payment network, the notification including a request for further information.

76 . The method of claim 61 , the method further comprising returning crediting a monetary amount to the account based on the transaction request.

77 . The method of claim 61 , wherein receiving a transaction request comprising receiving an EFTPOS transaction request at an Electronic Fund Transfer (EFT) system.

78 . The method of claim 61 , wherein the data structure is in native mode.

79 . A system for processing a payment transaction, comprising:
at least one processor; and at least one memory containing instructions that, when executed by the at least one processor, cause the at least one processor to perform a method comprising: receiving a transaction request, the transaction request comprising a data structure, the data structure comprising information relating to the transaction; locating a pseudo-identifier in the data structure, the pseudo-identifier containing a portion indicating that the pseudo-identifier is not an account number or a card number; routing the transaction request to an accounting computer system based on existence of the portion within the data structure; receiving a response from the accounting computer system; and determining whether to approve or deny the transaction request based on the response.

80 . A non-transitory computer-readable medium comprising instructions that when executed by at least one processor cause the at least one processor to perform a method comprising:
receiving a transaction request, the transaction request comprising a data structure, the data structure comprising information relating to the transaction; locating a pseudo-identifier in the data structure, the pseudo-identifier containing a portion indicating that the pseudo-identifier is not an account number or a card number; routing the transaction request to an accounting computer system based on existence of the portion within the data structure; receiving a response from the accounting computer system; and determining whether to approve or deny the transaction request based on the response.

Assignees

• Fidelity Information Services Llc

Inventors

• Marcous Neil
• Woodbury Robert
• Gordon Peter

Classifications

• G06Q20/356

  Aspects of software for card payments · CPC title

• G06Q20/10 Primary

  specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems · CPC title

• G06Q20/20

  Point-of-sale [POS] network systems · CPC title

• G06Q20/385

  using an alias or single-use codes · CPC title

• G06Q20/40

  Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists · CPC title