Mastercard International Incorporated

Matthew Wickman

Adam Kenneth Hosp

Deborah Eleanor Barta

Joshua G Monroe

Christopher John Merz

David Colby Brown

John D Chisholm

Johan Gerber

Janet Marie Smith

David C Brown

Clara Salazar

Rachael Vahle Cordero

A method and system for managing payment transactions for a merchant using a computing device coupled to a memory device is described. Each transaction is initiated by a consumer using a payment card. The method includes receiving a registration request from a candidate merchant for enrollment within a manager module wherein the registration request includes registration data associated with the candidate merchant, executing a primary approval process using at least some of the registration data, and transmitting an account request message requesting an opening of a merchant account for the candidate merchant with an acquiring bank upon approval. The method further includes receiving, in real-time, merchant account data associated with the candidate merchant from the acquiring bank upon approval by a secondary approval process wherein the candidate merchant becomes a registered merchant upon the secondary approval. The method further includes managing a first payment transaction submitted by the registered merchant.

Systems and methods for managing transactions for a merchant

Growing community of inventors

O'Fallon, MO, United States of America

Matthew Wickman