Diane Weisbrot Wing

US Patent:

20050234817, Oct 20, 2005

Filed:

Apr 16, 2004

Appl. No.:

10/825960

Inventors:

Steven VanFleet - Southport CT, US
John Mascavage - San Mateo CA, US
Matthew Byrne - Papillion NE, US
Diane Wing - East Lansing MI, US
Cassandra Mollett - Scottsdale AZ, US

Assignee:

First Data Corporation - Englewood CO

International Classification:

G06F017/60

US Classification:

705040000, 705044000, 705042000

Abstract:

In one embodiment, a first information packet is received at a payment network from a merchant, which includes a financial transaction cost and a private label card account identifier presented by the customer as a payment for the financial transaction. The private label card is a form of payment accepted only by the merchant or a merchant consortium that includes the merchant. The payment network uses the private label card account identifier to determine a financial account maintained by the customer at a financial institution and authorization information that allows debit access to the identified financial account. The payment network generates a second information packet comprising the transaction information, the account information, and the authorization information. The second information is transmitted from the payment network to the financial institution with a request to perform a debit transaction from the identified financial account for the cost of the financial transaction.

US Patent:

20050234822, Oct 20, 2005

Filed:

Apr 16, 2004

Appl. No.:

10/825950

Inventors:

Steven VanFleet - Southport CT, US
John Mascavage - San Mateo CA, US
Matthew Byrne - Papillion NE, US
Diane Wing - East Lansing MI, US
Cassandra Mollett - Scottsdale AZ, US

Assignee:

First Data Corporation - Englewood CO

International Classification:

G06F017/60
H04K001/00
H04L009/00

US Classification:

705044000, 705042000, 705040000

Abstract:

In one embodiment, a first information packet is received at a payment network from a merchant, which includes a financial transaction cost and a credential presented by the customer as a payment for the financial transaction. The payment network uses the private label card account number to determine a financial account maintained by the customer at a financial institution and authorization information that allows debit access to the identified financial account; generates a second information packet comprising the transaction information, the account information, and the authorization information; and selects one of a plurality of transaction networks over which to transmit the second information packet to the financial institution. The second information is then transmitted from the payment network to the financial institution with a request to perform a debit transaction from the identified financial account for at least a portion of the cost of the financial transaction.

US Patent:

20050234833, Oct 20, 2005

Filed:

Apr 16, 2004

Appl. No.:

10/825971

Inventors:

Steven VanFleet - Southport CT, US
John Mascavage - San Mateo CA, US
Margaret Weichert - San Carlos CA, US
Matthew Byrne - Papillion NE, US
Diane Wing - East Lansing MI, US
Cassandra Mollett - Scottsdale AZ, US

Assignee:

First Data Corporation - Englewood CO

International Classification:

H04L009/00

US Classification:

705067000

Abstract:

Methods and systems coordinate an Internet-based financial transaction between an Internet merchant and a customer. A first information packet is received with a payment network from the Internet merchant. The first information packet has a credential assigned to the customer and transaction information specifying at least a cost of the Internet-based financial transaction. With the payment network, account information is determined that identifies a financial account maintained by the customer at a financial institution and authorization information that allows debit access to the identified financial account. A second information packet that includes the transaction information, the account information, and the authorization information is generated with the payment network. The second information packet is transmitted with the payment network to the financial institution with a request to perform a debit transaction from the identified financial account for the specified cost of the Internet-based financial transaction.