System for facilitating a transaction

US7627531B2 · kind B2 · utility

Assignee

• American Express Travel Related Services Company, Inc. · US

Inventors

• Lydia Breck · New York, US
• Jessica Zoob · New York, US
• Glen Salow · Holmdel, US
• Fred Bishop · Glendale, US
• William S. Schwarz, Jr. · Jefferson, US
• Elliot Glazer · Midlothian, US
• David E. Johnstone · Cave Creek, US
• Katie Cunningham · New York, US
• Anant Nambiar · Larchmont, US
• Jan Belt · Scottsdale, US
• Martin Wittwer · New York, US
• David Armes · Phoenix, US
• Christina Chow · Phoenix, US

Key dates

• Filing date: Mar 7, 2001
• Grant date: Dec 1, 2009
• Expiry date: Mar 13, 2026

Classification

• Technology area (CPC G): Physics
• CPC primary: G07F7/1008
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

The present invention provides a system and method for facilitating a transaction using a secondary transaction number that is associated with a cardholder's primary account. The cardholder provides the secondary transaction number, often with limited-use conditions associated therewith, to a merchant to facilitate a more secure and confident transaction.