System and method for updating merchant payment data

US8036963B2 · kind B2 · utility

Assignee

• PAYMENTECH, LLC · US

Inventors

• Tonya Lin Carroll · Merrimack, US
• Chantal Adair Gaspie · Goffstown, US
• Gwen Ellen Murray · Merrimack, US
• Lakshma Reddy Eapur · Hudson, US

Key dates

• Filing date: Oct 7, 2003
• Grant date: Oct 11, 2011
• Expiry date: Jun 20, 2031

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/12
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A system for updating merchant on file payment data at a payment processor. The system includes a merchant processing selection system receiving selection data for one of two or more types of on file payment data update processing. A merchant account update system receives the selection data and processes account update data based on the selection data.