PROCESSING THROTTLES TO ENFORCE ACCOUNT USAGE LIMITATIONS

PROCESSING THROTTLES TO ENFORCE ACCOUNT USAGE LIMITATIONS

There are provided systems and methods for processing throttles to enforce account usage limitations. A user may engage in a transaction with another user, such as a purchase of goods, services, or other items a merchant using a physical payment card. An online transaction processor may provide a mo...

Ausführliche Beschreibung

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Bibliographische Detailangaben
1. Verfasser: Simonson, Alexander C
Format: Patent
Sprache:eng
Schlagworte:
CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
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Beschreibung
Zusammenfassung:There are provided systems and methods for processing throttles to enforce account usage limitations. A user may engage in a transaction with another user, such as a purchase of goods, services, or other items a merchant using a physical payment card. An online transaction processor may provide a monitoring operation to enforce an electronic transaction processing limit on use of the payment card. This limit may correspond to a processing throttle, which may limit use of the payment card below a maximum amount of usage allowed for the payment card. When the payment card is utilized, the online transaction processor may determine that the throttle is violated by the usage and prevent the usage of the payment card. The online transaction processor may then contact the user of the transaction and allow for removal or adjustment of the throttle.