Title:
SYSTEM AND METHOD FOR LOCKING AND UNLOCKING A FINANCIAL ACCOUNT CARD
Document Type and Number:
WIPO Patent Application WO2007027791
Kind Code:
A9
Abstract:
A system and method whereby a holder of a financial account card, such as a credit card or debit card, is able to disable and re-enable use of the card by locking and unlocking the card repeatedly. A request to lock or unlock a card may be provided by a variety of delivery channels, e.g., telephone, automated teller machine, or online, to a card processor. For a locking transaction the card processor saves the current operable status of the card and changes the status to locked. For an unlocking transaction the saved operable status of the card is restored. The changed locked or unlocked status of the card is reported by the card processor to companion systems and an audit record created.
Inventors:
SLONECKER DAVID B JR (US)
Application Number:
PCT/US2006/033888
Publication Date:
June 28, 2007
Filing Date:
August 30, 2006
Export Citation:
Assignee:
METAVANTE CORP (US)
International Classes:
G06K5/00
Download PDF: