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:
Feb. 18, 2014
Filed:
Jan. 29, 2013
Michael K. Nicholls, Odessa, FL (US);
Lester S. Maragh, Palm Harbor, FL (US);
Joan Detemple, Odessa, FL (US);
Rosemary R. Thomas, Plano, TX (US);
Zunoraine Holmes, Cedar Hill, TX (US);
George E. Wilcox, Palm Harbor, FL (US);
Keeley M. Sapienza, Tampa, FL (US);
Lubna Shad, Clearwater, FL (US);
Paymentech, Llc, Dallas, TX (US);
Michael K. Nicholls, Odessa, FL (US);
Lester S. Maragh, Palm Harbor, FL (US);
Joan DeTemple, Odessa, FL (US);
Rosemary R. Thomas, Plano, TX (US);
George E. Wilcox, Palm Harbor, FL (US);
Keeley M. Sapienza, Tampa, FL (US);
Zunoraine Holmes, Cedar Hill, TX (US);
Lubna Shad, Clearwater, FL (US);
Paymentech, LLC, Dallas, TX (US);
Abstract
A system for dynamic currency conversion is provided. The system includes a bank identifier system determining whether currency conversion is available for a card-issuing bank of a presented card, such as by comparing a bank identifier from the card with a list or table of participating banks. An exchange rate system determines whether an exchange rate has expired, such as an exchange rate associated with the foreign currency of the card-issuing bank. The card holder is presented with an option for selecting a foreign currency transaction after it is determined that currency conversion is available for the card-issuing bank and that the exchange rate has not expired, such that the card holder does not need to see such information unless foreign currency processing is available.