The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Jul. 06, 2021
Filed:
Aug. 05, 2013
Phillip Graves, Atlanta, GA (US);
Merrill Brooks Smith, Ft. Lauderdale, FL (US);
Phil M Chakiris, Atlanta, GA (US);
Michael Parlotto, Playa Vista, CA (US);
Phillip Graves, Atlanta, GA (US);
Merrill Brooks Smith, Ft. Lauderdale, FL (US);
Phil M Chakiris, Atlanta, GA (US);
Michael Parlotto, Playa Vista, CA (US);
E2INTERACTIVE, INC., Atlanta, GA (US);
Abstract
The invention is directed to systems and methods of conducting transactions associated with a transit card. A method of conducting transactions may be conducted between a processor and a transit processor. Steps may include receiving a redemption request and determining if it is a pre-authorization request or a redemption; if the redemption request is a pre-authorization request, determining if the account is authorized for a particular transit type. If the account is authorized, communicating approval to the transit processor. If the account is not authorized communicating denial. If the redemption request is a redemption: determining if account value is sufficient to pay the redemption amount; if not, denying and if so approving the transaction and deducting the amount, and determining if the account value is below a pre-determined threshold for a particular transit types, and if so, updating the status of the account at a data store.