Abstract: Provided is a computer-implemented method for dynamically designating a settlement window for a transaction within a settlement cycle between an acquirer and an issuer. The method includes receiving a plurality of transaction records associated with a plurality of transactions, determining a first settlement window of a plurality of settlement windows to assign a transaction record of the plurality of transaction records, assigning the transaction record of the plurality of transaction records to the first settlement window based on determining the first settlement window of the plurality of settlement windows to assign the transaction record, and performing a settlement function for a transaction associated with the transaction record assigned to the first settlement window based on assigning the transaction record of the plurality of transaction records to the first settlement window. A system and computer program product are also disclosed.

Abstract: A payment device has identifiers, read in a magnetic strip or visual indicia by a healthcare provider, for an influenza vaccine and an account issued by an issuer to a party (e.g.; a governmental entity) upon which a transaction can be conducted that is limited to administering the influenza vaccine. The healthcare provider sends an authorization request for the transaction for delivery through its acquirer and a transaction handler to the issuer. The issuer uses the identifiers to authorize the healthcare provider to administer the influenza vaccine and to conduct the transaction, and sends an authorization response to the authorization request back through the transaction handler and the acquirer. After the receiving of the authorization response, the healthcare provider administers the influenza vaccine and conducts the transaction on the account for the sale of the service of the administering of the influenza vaccine.

Abstract: Provided is a computer-implemented method for dynamically designating a settlement window for a transaction within a settlement cycle between an acquirer and an issuer. The method includes receiving a plurality of transaction records associated with a plurality of transactions, determining a first settlement window of a plurality of settlement windows to assign a transaction record of the plurality of transaction records, assigning the transaction record of the plurality of transaction records to the first settlement window based on determining the first settlement window of the plurality of settlement windows to assign the transaction record, and performing a settlement function for a transaction associated with the transaction record assigned to the first settlement window based on assigning the transaction record of the plurality of transaction records to the first settlement window. A system and computer program product are also disclosed.

Abstract: Described are a system, method, and computer program product for dynamically monitoring and managing at least one financial settlement account of at least one issuer institution. The method includes determining a minimum deposit requirement of a predesignated account, generating at least one transaction limit threshold for the at least one issuer institution, and receiving transaction data representative of a plurality of financial transactions between at least one merchant and at least one transaction device holder. The method also includes determining an aggregate transaction volume of the at least one issuer institution and comparing the aggregate transaction volume to the at least one transaction limit threshold. The method further includes, in response to the aggregate transaction volume equaling or exceeding the at least one transaction limit threshold, triggering at least one risk-mitigation action.

Abstract: There is provided financial transaction funds collection and distribution methodology and system. A financial service provider assists in providing information to a third party transaction processor, who is engaged to process financial transactions such as insurance claims. Payors enroll as participants with the financial service provider, and information about the payors' banks, funding sources, or other financial institutions are linked to the payors in a database maintained by the payment system. Once a payor and the payor's financial institution are enrolled, funds may be obtained from the payor's bank by the financial service provider on behalf of the third party transaction processor, and without transaction-by-transaction involvement from the payor, significantly reducing the time, expense, and costs associated with financial transaction collection and payment.

Abstract: A transaction handler receives, for forwarding to a sponsor account's issuer, a coupon authorization request message from a merchant's acquirer that identifies the sponsor account and a coupon for an item being purchased by a consumer in a transaction with the merchant. The issuer determines eligibility of the coupon for use by the consumer, and sends an authorization response message to the merchant via its acquirer and the transaction handler for the application of a corresponding discount for the item when the coupon is eligible. One or more coupon eligibilities for the purchase of the item by the consumer from the merchant can be derived from comparisons of the transaction to predetermined times, geographies, jurisdictions, sets of merchants, and/or the number of times that coupons have been used in other transactions. The transaction handler can further process the transaction for authorization the consumer's account to pay of the transaction.

Abstract: The LOYALTY PROMOTION APPARATUSES, METHODS AND SYSTEMS (“L-PROMO”) transforms consumer credentials, consumer opt-in activities, and, merchant campaign setup inputs via L-PROMO components into a financial transaction and offer redemption outputs. In one implementation, a method is disclosed, comprising: receiving consumer identifying information from a consumer electronic wallet vehicle; receiving merchant information and a proposed transaction from a merchant terminal; initiating consumer payment by sending a payment approval to an electronic wallet account; receiving a request to apply a promotional offer; determining consumer eligibility to apply the promotional offer to the proposed transaction; applying the promotional offer to the proposed transaction by returning credits to the consumer based on terms of the promotional offer; sending transaction details to the consumer; and sending a message to a social network indicating the transaction on the consumer's social media page.

Abstract: An issuer receives an authorization request from healthcare provider that includes an account, an identifier for a healthcare service and its cost to a patient, and an identifier for a single purpose card for the redemption of the cost of the healthcare service. The issuer validates use of the account to pay the cost, sends an authorization approval to the healthcare provider, and deactivates the identifier for the single purpose card for future use. A request for insufficient funds, when the account is determined to be deficient, is sent to a sponsor to whom the issuer issued account. The cost in the authorization request can include a total purchase amount and a qualified amount of the total purchase amount, and the issuer can validate that the account can be used the for payment of the qualified amount of the total purchase amount for the healthcare service.

Abstract: A payment device has identifiers, read in a magnetic strip or visual indicia by a healthcare provider, for an influenza vaccine and an account issued by an issuer to a party (e.g.; a governmental entity) upon which a transaction can be conducted that is limited to administering the influenza vaccine. The healthcare provider sends an authorization request for the transaction for delivery through its acquirer and a transaction handler to the issuer. The issuer uses the identifiers to authorize the healthcare provider to administer the influenza vaccine and to conduct the transaction, and sends an authorization response to the authorization request back through the transaction handler and the acquirer. After the receiving of the authorization response, the healthcare provider administers the influenza vaccine and conducts the transaction on the account for the sale of the service of the administering of the influenza vaccine.

Abstract: A transaction handler receives, for forwarding to a sponsor account's issuer, a coupon authorization request message from a merchant's acquirer that identifies the sponsor account and a coupon for an item being purchased by a consumer in a transaction with the merchant. The issuer determines eligibility of the coupon for use by the consumer, and sends an authorization response message to the merchant via its acquirer and the transaction handler for the application of a corresponding discount for the item when the coupon is eligible. One or more coupon eligibilities for the purchase of the item by the consumer from the merchant can be derived from comparisons of the transaction to predetermined times, geographies, jurisdictions, sets of merchants, and/or the number of times that coupons have been used in other transactions. The transaction handler can further process the transaction for authorization the consumer's account to pay of the transaction.

Abstract: A method for use in a payment processing network is provided. The method includes browsing to an Internet website in communication with a web service having a database storing electronic coupons. Each electronic coupon is associated with a sponsor's account and is receivable by a merchant for a discount, where the discount is debited from the sponsor's account and credited to the merchant's. The browser sends the selected electronic coupon and a specification including the rendering capability of the client, the type of portable coupon device, and an identifier for the consumer account associated with the portable coupon device. The browser then receives a rendering image, the memory storage location for the discount information, and the discount information, which includes identifiers for the sponsor account, the discount amount, and the eligible purchase. Finally the discount information is written to the memory of the portable coupon device.

Abstract: A portable coupon payment device includes a substrate having surface with an image rendering thereon that corresponds to a free sample. The portable coupon payment device also has memory, in contact with the substrate, having data encoded therein including (i) an identifier for the free sample, (ii) a quantity for the free sample; (iii) a sponsor company account for a selling merchant to charge the cost of the free sample for payment to a selling merchant account to reimburse the selling merchant for the free sample; (iv) an image corresponding to the free sample; and (v) an identifier for a coupon provider donating the free sample to a consumer.

Abstract: A transaction handler receives, from a merchant's acquirer, an authorization request for a discount to a purchase. The discount is associated with an electronic coupon stored on a portable consumer device. The electronic coupon is associated with a sponsor account issued to a sponsor of a discount and has been received by the merchant to give the discount on a purchase by a consumer. The discount is to be debited from the sponsor account and credited to an account of the merchant. The first authorization request includes the sponsor account and a discount amount. The transaction handler sends the first authorization request to the issuer of the sponsor account, receives a first authorization back, and sends it to the merchant's acquirer. If the first authorization response includes an approval, a payment request is sent to the issuer of the sponsor account to deduct the discount from the sponsor account.

Abstract: A method for providing an electronic coupon to a user of a kiosk is disclosed. The method includes receiving, via an input device of a user interface, a selection of an electronic coupon from a database. Each electronic coupon in the database is associated with a sponsor's account and can be used to receive a discount on a purchase from a merchant, where the discount is debited from the sponsor's account and credited to the merchant's. From the database, the kiosk retrieves a rendering image corresponding to the rendering capabilities of the kiosk and a memory location to store the discount information, and the discount information. The discount information includes identifiers for the sponsor's account, the discount amount, and the purchase eligible for the discount. The discount information is written to the portable coupon device and it is dispensed. Finally, a hard copy of the rendering image is rendered.

Abstract: A method is presented where, at a web service, a selection of an electronic coupon from a database is received from a web browser. The electronic coupon is associated with the account of the electronic coupon sponsor and is receivable by a merchant for a discount which is debited from the sponsor's account and credited to the merchant's account. A specification is then received that includes the rendering capability of the client, a type of portable coupon device associated with a consumer account and acceptable as payment for a future purchase, and an identifier of the consumer account. Next, a rendering image, a location to store the discount information in the memory of the type of the portable coupon device, and the discount information is retrieved from the database. Finally, the web browser transmits, via the web service, the rendering image, memory location, and discount information.

Abstract: A method of using a point of service terminal (POS) to provide a discount on a purchase is presented. The method includes receiving a portable coupon device associated with a consumer account. Stored in the memory of the portable coupon device is an electronic coupon associated with a sponsor account and which is receivable by a merchant for a discount on a purchase, the discount being debited from the sponsor's account. Also stored in memory is the discount information, which includes identifiers for the sponsor's account, a discount amount, and the purchase eligible for the discount. The discount information is then read from the portable coupon card and a transmission is formed requesting authorization of the electronic coupon. An authorization response is received and, if it includes an approval, the discount is applied to the cost of the purchase and payment for the cost less the discount amount is accepted.

Abstract: Disclosed methods enable an open loop system processing of private label and co-branded account transactions. Implementations in the open loop system employ communications directly between a merchant and an issuer offering promotional financing for a promotional item being purchased from the merchant. Other implementations in the open loop system enable different transaction amounts in an authorization request message and its corresponding authorization response as are respectively sent and received by a merchant, where the different can be for a promotion offered to an accountholder for conducting a transaction on an account with the merchant.

Abstract: Processing transactions involving private label portable consumer devices is presented. For a transaction involving a portable consumer device in a payment processing network, an authorization request from a merchant is received by a transaction handler. The transaction handler, in communication with the issuer, denies or approves the transaction. For approved transactions, the merchant sends a settlement request to the transaction handler. If the transaction is identified as involving a private label portable consumer device, the transaction handler applies a custom settlement arrangement rate to the payment sought, generally reducing the payment amount. The applied payment amount is received from the issuer and forwarded to the merchant. If the applied payment amount is less than the actual amount owed to the merchant, the merchant sends a request to the issuer of the private label payment device to settle the transaction in accordance with a custom settlement agreement.

Abstract: There is provided financial transaction funds collection and distribution methodology and system. A financial service provider assists in providing information to a third party transaction processor, who is engaged to process financial transactions such as insurance claims. Payors enroll as participants with the financial service provider, and information about the payors' banks, funding sources, or other financial institutions are linked to the payors in a database maintained by the payment system. Once a payor and the payor's financial institution are enrolled, funds may be obtained from the payor's bank by the financial service provider on behalf of the third party transaction processor, and without transaction-by-transaction involvement from the payor, significantly reducing the time, expense, and costs associated with financial transaction collection and payment.