EP 1535249 A2 20050601 - METHODS AND SYSTEMS FOR EFFECTING PAYMENT CARD TRANSACTIONS
Title (en)
METHODS AND SYSTEMS FOR EFFECTING PAYMENT CARD TRANSACTIONS
Title (de)
METHODE UND SYSTEM ZUR ZAHLUNGSTRANSAKTION MIT KARTE
Title (fr)
PROCEDES ET SYSTEMES PERMETTANT D'EFFECTUER DES TRANSACTIONS PAR CARTE DE PAIEMENT
Publication
Application
Priority
- IE 0300101 W 20030714
- IE S20020579 A 20020712
- IE 0300002 W 20030110
Abstract (en)
[origin: WO2004008399A2] The present invention relates to card payment systems. In particular, the present invention relates to systems and methods for processing payment card transactions in a dynamic currency conversion and/or multi-currency scheme. To operate correctly, ghost transactions are used. However to prevent duplication of debits against the Card Holder, these "ghost copy" transactions must not be processed into the card schemes with the normal transactions. Thus the Acquirer's and/or third parties host systems have to be amended, in addition to modifications to the related accounting thereof. To overcome this necessity, the present invention provides a method for effecting the performance of a payment card transaction for a first transaction amount in a first currency, between a first merchant and a first payment card holder, the method comprising the steps of a)creating a first payment card transaction record between the first merchant and a second cardholder for the first transaction amount, b) creating a second payment card transaction record between a second merchant and the first cardholder, wherein the second transaction record identifies a second transaction amount in a second currency which equates to the first transaction amount converted into the second currency, and submitting the first transaction record and the second transaction record for processing as payment card transactions.
IPC 1-7
IPC 8 full level
G07D 9/00 (2006.01); G06Q 20/00 (2012.01); G07F 7/02 (2006.01); G07F 19/00 (2006.01); G07G 1/12 (2006.01); G07G 1/14 (2006.01)
CPC (source: EP)
G06Q 20/04 (2013.01); G06Q 20/12 (2013.01); G06Q 20/342 (2013.01); G06Q 20/381 (2013.01); G07F 7/025 (2013.01)
Citation (search report)
See references of WO 2004008399A2
Designated contracting state (EPC)
AT BE BG CH CY CZ DE DK EE ES FI FR GB GR HU IE IT LI LU MC NL PT RO SE SI SK TR
DOCDB simple family (publication)
WO 2004008399 A2 20040122; WO 2004008399 A8 20050407; AU 2003250508 A1 20040202; CA 2494549 A1 20040122; EP 1535249 A2 20050601; JP 2005533308 A 20051104; NZ 537683 A 20070427
DOCDB simple family (application)
IE 0300101 W 20030714; AU 2003250508 A 20030714; CA 2494549 A 20030714; EP 03764094 A 20030714; JP 2004521047 A 20030714; NZ 53768303 A 20030714