Visa International Service Association

Rajib Maitra

Gourab Basu

Tirtha Mauli Sarkar

Anindya Mukherjee

Described are a system, method, and computer program product for providing instant credit to a customer at a point-of-sale. The method includes receiving a transaction approval request including a full transaction amount for a transaction at the point-of-sale. The method further includes communicating a credit approval request based on the transaction approval request to an issuer system and, in response to receiving a message from the issuer system including a decline or an approval of less than the full transaction amount, determining customer data used to evaluate an extension of credit to the customer. The method further includes communicating the customer data to a third party credit provider system and receiving a credit approval message from the third party credit provider system including a credit transaction amount to fulfill the full transaction amount. The method further includes communicating a transaction approval message including the full transaction amount.

System, method, and computer program product for providing instant credit to a customer at a point-of-sale

Described are a system, method, and computer program product for providing instant credit to a customer at a point-of-sale. The method includes receiving a transaction approval request including a full transaction amount for at least one transaction between a merchant and the customer. The method also includes communicating a credit approval request based on the transaction approval request to an issuer system. The method further includes, in response to the issuer system initially declining the credit approval request or approving less than the full transaction amount, determining, with at least one processor, customer data used to evaluate an extension of credit to the customer. The method further includes communicating the customer data to the issuer system and receiving a credit approval message from the issuer system including the full transaction amount. The method further includes communicating a transaction approval message to a merchant system including the full transaction amount.

Systems and methods for transferring resource access from a sender to a recipient are disclosed that can allow a sender to specify an amount of a resource to provide access to (e.g., an amount of money or an amount of access rights), while still providing security for the sender's sensitive credential information (e.g., PAN and/or PIN). These systems and methods can allow a sender to transfer resource access from any location and at any time of the day. In the case of money transfers, the recipient can quickly and directly obtain the money from any ATM location associated with any bank and at any time of the day, even without a bank account.

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San Ramon, CA, United States of America

Rajib Maitra