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Business method for credit card verification

A user-algorithmic technology, applied in credit plans, data processing applications, payment schemes/models, etc., to solve problems such as quantity inconsistency, account inconsistency, etc.

Inactive Publication Date: 2006-06-21
INT BUSINESS MASCH CORP
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

This usually involves calling the issuing company where the credit card number can be checked to at least ensure that (a) the card has not been reported stolen and (b) the associated account is current and not past due payment, (c) the account balance does not exceed a predetermined limit for the customer, and possibly (d) the current transaction is grossly out of character for the account, such as out of proportion to the amount, or from someone who knows the customer somewhat where people can look suspicious

Method used

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  • Business method for credit card verification
  • Business method for credit card verification
  • Business method for credit card verification

Examples

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Embodiment Construction

[0014] Over the past decade or so, the availability of digital cameras and their later inclusion in cellular phones has made sending photos from one location to another not only possible, but easy. The invention disclosed herein is one of many ways in which this ability can be exploited as a means to serve new ends. It should be noted here that although this specification repeatedly refers to credit cards, the present invention can also be applied to debit cards, shopping coupons (coucher), preferential coupons (coupon), admission tickets (ticket), pass (pass) such as seasonal passes Wait. These may be collectively referred to as "transaction cards," and credit card companies, banks, or other authorized entities may be collectively referred to as "transaction entities."

[0015] Currently, the most common method of communicating data over the Internet is through the environment of the World Wide Web, also referred to simply as the "Web." Other Internet resources exist for tr...

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PUM

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Abstract

Provided is a device by which possession of a credit card can be confirmed in transactions on the Internet. As part of the payment transaction, the vendor instructs the user to use the electronic camera to take a picture of the credit card under certain circumstances, such as being held in the user's hand or against a generated computer screen. The resulting photo is emailed to the vendor, who forwards the image to the credit card company for verification.

Description

technical field [0001] The present invention generally addresses the verification of credit cards. The invention is especially dedicated to the authentication of credit cards being used in Internet applications. Background technique [0002] The Internet has transformed cultural fixtures into sources of information and entertainment. Many businesses are establishing Internet sites as an integral part of their marketing efforts, telling customers about the products and services offered by the business or providing other information seeking to generate brand loyalty. Many federal, state, and local government agencies, especially those that must interact with nearly all sectors of society, such as the Internal Revenue Service (Internal Revenue Service) and ministers, also utilize Internet sites for informational purposes. Also, the Internet is becoming more and more popular as a medium for business transactions. [0003] Credit cards are widely used when conducting business ...

Claims

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Application Information

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Patent Type & Authority Applications(China)
IPC IPC(8): G06Q20/00G06Q30/00
CPCG06Q20/102G06Q20/24G06Q20/40G06Q20/4014
Inventor 马克 J·哈姆齐达斯廷 C·柯克兰爱德华 S·罗兹米雷克
Owner INT BUSINESS MASCH CORP