Mastercard International Incorporated

Mark N Savoye

Ashfaq Kamal

Robert Pacifico

Chhomthyda Chhuan

Karan Sharma

Eitan Ahimor

Viviane Sabat

Monica Taylor

Alonso Araujo

Christopher Murray

Abhinav Bhatt

Andrea Christine Gilman

Daniel Bae

Jennifer Wang

James Nicholas Mortimer

Corey M Hively

Benjamin M Berger

Navjot S Sidhu

Kimberly Lewis Peyton

Deepankar Bhagat

Benjamin Dessy

Amarildo Gjondrekaj

Derek Ryan Reed

Gregory Coburn

Dominique Steenbeek

Amyn Mohamed Dhala

Alain Delperdange

Brad Dickinson

Karen Randell

Susan Rassbach

Tim Mattingly

Jill Boyd Bugh

Amyn Dhala

Timothy Mattingly

Bradley Dickinson

Navjot Sidhu

Corey Hively

A method for real-time invoice updating and account-to-account payment includes: receiving invoice data based on presentation of an invoice by a distributor to a recipient at a delivery location, modification of the invoice by the recipient, and acceptance of the invoice by the recipient; generating a request for payment (RFP) message based on the invoice data; transmitting the RFP message to a financial institution associated with the recipient via a financial institution of the distributor; receiving, from the financial institution associated with the distributor, a payment confirmation for the invoice based on a real-time payment from the financial institution associated with the recipient; generating reconciliation data based on the payment confirmation and the invoice data; and transmitting the reconciliation data to a computing device of the distributor and a computing device of the recipient.

Method and system for facilitating invoice data, payment credit transfers, real-time package tracking, and account-to-account payment on delivery

A method for fraud control of a transaction account based on geolocation includes: storing, in an account database, an account profile including data related to a transaction account including a first profile rule associated with a first geographic area and a second profile rule associated with a second geographic area different from the first; receiving an authorization request for a first transaction involving a first payment card, the request including a first geographic location; receiving an authorization request for a second transaction involving a second payment card, the request including a second geographic location; determining validation for each authorization request, wherein each is determined to be valid if the geographic location is in a geographic area corresponding to the first geographic area or the second geographic area; and transmitting the determination of validation for each authorization request to a payment network for processing of the associated payment transaction.

Method and system for fraud control based on geolocation

The subject invention advantageously allows a merchant to provide an override payment option, as an enticement, to pre-pay all or a portion of a series of recurring payments. With respect to recurring payments, the subject invention allows a merchant to alter pricing, if necessary, and/or to charge beyond a fixed term, e.g., to maintain a subscription. The invention includes monitoring payment requests made on a recurring payment basis over a payment network to ensure that any override payment is being properly accounted for along with any adjusted pricing and/or additional payments. This unconventional processing is not provided for with standard recurring payment systems.

System and method for managing recurring payments over a payment network

A method for verification of user identity includes: storing account profiles, each profile including data related to a user account of a non-financial institution (NFI) entity including an account identifier and an address; receiving a transaction request, the request including a specific account identifier and a transaction amount; identifying an account profile including the specific account identifier; generating a controlled payment number associated with a transaction account of the NFI entity; transmitting a notification to a third party entity including the specific account identifier; transmitting the controlled payment number to a user associated with the user account related to the specific account profile; receiving a data message from the third party entity including the specific account identifier and identification data associated with the user; and updating the specific account profile to include the controlled payment number, the identification data, and a spending limit based on the transaction amount.

Method and system for credits in a social network

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Hartsdale, NY, United States of America

Mark N Savoye