Payment card processing system

Abstract

A payment card process system. The payment card aforementioned can correspond to multiple different accounts comprised saving account and credit account; decide device of host in organization of sending cards decides the business type of payment card, and selects different account for different business type decided; when available balance of selected account is less than the business amount, the decide device will prompt card-holder to select other accounts of payment card; only when available balances of all accounts exceed business amount, it can completes the payment card business. This system and method not only increases business top limit, its application efficiency; but also decrease cost for sending cards and accounts management, and brings convenience to card-holders to manage their accounts.

Description

technical field [0001] The present invention generally relates to the field of payment card transactions, and in particular to a payment card processing system for completing transactions by judging transaction types. Background technique [0002] Due to the different nature and processing systems of debit cards and credit cards, card issuers regard debit cards and credit cards as two independent payment card varieties. However, this increases the cost of card issuance and account management of card issuers, and also increases the cost of cardholders' use of payment cards, which to a certain extent affects the enthusiasm and efficiency of cardholders in using payment cards. E.g: [0003] Since cash withdrawal by credit card requires paying high fees and there is no interest-free period, cardholders choose payment cards with different functions in different transaction processes in order to save transaction costs: when withdrawing cash at ATMs, cardholders tend to With debi...

AI Technical Summary

Problems solved by technology

[0005] Cardholders still face the problem of difficult repayment in the process of using credit cards. Although some credit cards issued by card issuers allow the use of debit cards or passbooks of other banks for repayment, cardholders need to pay a handling fee for this ; Some card issuers support repayment through the automatic debit card issued by the institution, but the premise is that the cardholder must hold a debit card issued by the card issuer

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