American Express Travel Related Services Company, Inc.

Joya A Mukherjee

Luckner Polycarpe

Jean-Paul D Ndong

Priyo B Chatterjee

Caroline M Azimi-Pour

Subhash C Khatri

Leena H Parikh

Keye G Jin

Karen L Wong

Fred Jubitz

Luigi E Merli

Marcel Leyva

Andrew M Grogger

Sally L Niblock

Renee Epple

Martin J Preciado

Will C Frampton

Liz A Fuller

A method and apparatus are provided for a no pre-set spending limit transaction card with features and attributes of both a credit card and a charge card, including an overlimit spend feature and an associated communicated line of credit. The transaction card may carry a balance like a credit card and may require that a card user pay down the balance carried forward to the line of credit subsequent to the end of each billing cycle. When the user has reached or exceeded the communicated line of credit, each subsequent transaction request for a new transaction by the user is evaluated on a case-by-case basis by a process that includes execution an overlimit spend authorization logic or process.

Method and apparatus for a no pre-set spending limit transaction card

A financial institution may use the bank routing and account number information (ABA/DDA) of a checking account or the like, obtained from paper checks previously submitted by a customer, in an electronic payment program. When a customer who has previously paid a credit balance by check, for example, wants to enroll in the electronic payment program, an abbreviated enrollment process is provided in which the consumer only enters a portion of bank routing information, instead of having to enter the full ABA/DDA as in the standard enrollment procedure. In some cases, the customer may leave such information blank and needs only to confirm that the stored bank account information corresponds to the account being used for the electronic payment.

Method, apparatus, and computer program product for repository data maximization

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New York, NY, United States of America

Joya A Mukherjee