EP 2300972 A2 20110330 - PAYMENT PROCESSING PLATFORM
Title (en)
PAYMENT PROCESSING PLATFORM
Title (de)
BEZAHLUNGSVERARBEITUNGSPLATTFORM
Title (fr)
PLATE-FORME DE TRAITEMENT DE PAIEMENT
Publication
Application
Priority
- US 2009043200 W 20090507
- US 11864708 A 20080509
- US 11864608 A 20080509
Abstract (en)
[origin: WO2009137716A2] A method for generating a child product that is linked to a core account. A payment processing platform receives a user selection of control parameters that define use restrictions for the child product and the core account that provides financial backing for the child product. The child product is generated and may be used for payment transactions within the use restrictions defined by the control parameters. The child product is delivered to a recipient as a physical card or as a virtual card or both as a physical card and a virtual card. Advantageously, the financial institution needs to modify its legacy payment processing infrastructure minimally in order to process payment transactions made using the child product. From a user perspective, child products protect consumers from fraud or identity theft and limit a customer's exposure when child products are lost or stolen.
IPC 8 full level
G06Q 20/00 (2012.01)
CPC (source: EP)
G06Q 20/04 (2013.01); G06Q 20/227 (2013.01); G06Q 20/2295 (2020.05); G06Q 20/3555 (2013.01)
Designated contracting state (EPC)
AT BE BG CH CY CZ DE DK EE ES FI FR GB GR HR HU IE IS IT LI LT LU LV MC MK MT NL NO PL PT RO SE SI SK TR
Designated extension state (EPC)
AL BA RS
DOCDB simple family (publication)
WO 2009137716 A2 20091112; WO 2009137716 A3 20100107; EP 2300972 A2 20110330; EP 2300972 A4 20120523
DOCDB simple family (application)
US 2009043200 W 20090507; EP 09743702 A 20090507