SYSTEMS AND METHODS FOR SECONDARY PAYMENT VEHICLE RULES

    公开(公告)号:US20240296456A1

    公开(公告)日:2024-09-05

    申请号:US15656605

    申请日:2017-07-21

    Applicant: Vantiv, LLC

    CPC classification number: G06Q20/405 G06Q20/20 G06Q20/2295

    Abstract: A method for establishing secondary payment vehicle rules includes selecting a secondary payment vehicle, creating a new secondary payment vehicle rule, selecting a first rule type from among a plurality of allowed rule types including: designating merchant types at which the secondary payment vehicle may be used, designating merchant types at which the secondary payment vehicle may not be used, and specifying financial limits on a transaction; and establishing the new secondary payment vehicle rules. A method for applying secondary payment vehicle rules includes receiving a payment authorization request associated with a secondary payment vehicle from a requestor, determining whether the payment request is allowed by rules associated with the secondary payment vehicle, upon determining that the payment request is allowed by the rules, approving authorization of the request, otherwise, declining authorization of the request; and returning an authorization response to the requestor.

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