Systems, methods, and computer products for processing payments using a proxy card

Abstract

Systems, methods and computer program products for processing payments for a proxy card are provided. Embodiments of the system include a processor, and a memory in communication with the processor. The memory may be configured to store processing instructions for directing the processor to receive a request for authorization of a payment. In various embodiments, the request is triggered at a merchant server, by the use of a proxy card of the customer. The processor attempts to identify at least one desired payment mode for making the payment, from among payment mode(s) associated with the proxy card. The processor first selects the payment modes based at least in part on one or more selection criteria, such as predefined customer goals, and then the processor performs an authorization check to identify the desired payment modes. Subsequently, the processor authorizes the payment if at least one desired payment mode is identified.

1 - 19 . (canceled) 
     
     
         20 . A method comprising:
 storing, by a computer system, transaction information relating to a plurality of customers, including payment preference information for various ones of the plurality of customers;   receiving, by the computer system, a proxy transaction account number associated with a request for a transaction by a particular one of the plurality of customers, wherein the proxy transaction account number is usable to select one of a plurality of transaction accounts associated with the particular customer;   selecting, by the computer system, a particular transaction account from the plurality of transaction accounts, wherein the selecting includes:
 responsive to determining that no applicable payment preference information of the particular customer is usable to select one of the plurality of transaction accounts, using stored transaction information relating to other ones of the plurality of customers to select the particular transaction account; and 
   authorizing, by the computer system, the request for the transaction using the particular transaction account.   
     
     
         21 . The method of  claim 20 , wherein the stored transaction information used to select the particular transaction account comprises payment preference information for one or more other ones of the plurality of customers. 
     
     
         22 . The method of  claim 21 , wherein the payment preference information for the one or more other ones of the plurality of customers is payment preference information for other customers having characteristics similar to the particular customer. 
     
     
         23 . The method of  claim 20 , wherein the stored transaction information used to select the particular transaction account comprises historical transaction data for one or more other ones of the plurality of customers. 
     
     
         24 . The method of  claim 23 , wherein the historical transaction data for the one or more other ones of the plurality of customers is historical transaction data that relates to transactions having similar characteristics to the transaction by the particular customer. 
     
     
         25 . The method of  claim 24 , wherein the similar characteristics indicate a similar type of merchant is associated with the transaction by the particular customer. 
     
     
         26 . The method of  claim 20 , wherein the determining that no applicable payment preference information of the particular customer is usable to select one of the plurality of transaction accounts is based on a lack of stored payment preference information for the particular customer. 
     
     
         27 . The method of  claim 20 , wherein the determining that no applicable payment preference information of the particular customer is usable to select one of the plurality of transaction accounts is based on stored payment preference information for the particular customer not applying to the transaction by the particular customer. 
     
     
         28 . The method of  claim 27 , wherein the stored payment preference information for the particular customer identifies an indicated one of the plurality of transaction accounts based on an applicable one of a plurality of categories of a potential transaction by the particular customer, and wherein the transaction by the particular customer does not apply to any of the plurality of categories. 
     
     
         29 . A system comprising:
 a processor; and   a memory coupled to the processor, wherein the memory has stored thereon instructions executable by the system to cause the system to perform operations comprising:
 storing transaction information relating to a plurality of customers, including payment preference information for various ones of the plurality of customers; 
 receiving a proxy transaction account number associated with a request for a transaction by a particular one of the plurality of customers, wherein the proxy transaction account number is usable to select one of a plurality of transaction accounts associated with the particular customer; 
 selecting a particular transaction account from the plurality of transaction accounts, wherein the selecting includes:
 responsive to determining that no applicable payment preference information of the particular customer is usable to select one of the plurality of transaction accounts, using stored transaction information relating to other ones of the plurality of customers to select the particular transaction account; and 
 
 authorizing the request for the transaction using the particular transaction account. 
   
     
     
         30 . The system of  claim 29 , wherein the stored transaction information used to select the particular transaction account comprises payment preference information for one or more other ones of the plurality of customers. 
     
     
         31 . The system of  claim 29 , wherein the stored transaction information used to select the particular transaction account comprises historical transaction data for one or more other ones of the plurality of customers. 
     
     
         32 . The system of  claim 29 , wherein the determining that no applicable payment preference information of the particular customer is usable to select one of the plurality of transaction accounts is based on a previously selected transaction account failing an authorization check. 
     
     
         33 . The system of  claim 29 , wherein the selecting further includes communicating to the particular customer an indication of the particular transaction account and receiving, from the particular customer, an indication that the particular customer has selected to use the particular transaction account to conduct the transaction. 
     
     
         34 . A non-transitory computer-readable medium having stored thereon instructions executable by a computer system to cause the computer system to perform operations comprising:
 storing transaction information relating to a plurality of customers, including payment preference information for various ones of the plurality of customers;   receiving a proxy transaction account number associated with a request for a transaction by a particular one of the plurality of customers, wherein the proxy transaction account number is usable to select one of a plurality of transaction accounts associated with the particular customer;   selecting a particular transaction account from the plurality of transaction accounts, wherein the selecting includes:
 responsive to determining that no applicable payment preference information of the particular customer is usable to select one of the plurality of transaction accounts, using stored transaction information relating to other ones of the plurality of customers to select the particular transaction account; and 
   performing an authorization check for the transaction using the particular transaction account.   
     
     
         35 . The non-transitory computer-readable medium of  claim 34 , wherein the stored transaction information used to select the particular transaction account comprises payment preference information for one or more other ones of the plurality of customers. 
     
     
         36 . The non-transitory computer-readable medium of  claim 35 , wherein the payment preference information for the one or more other ones of the plurality of customers is payment preference information for other customers having characteristics similar to the particular customer. 
     
     
         37 . The non-transitory computer-readable medium of  claim 34 , wherein the operations further comprise:
 responsive to authorizing the transaction using the particular transaction account, storing payment preference information of the particular customer based on the transaction.   
     
     
         38 . The non-transitory computer-readable medium of  claim 37 , wherein the payment preference information of the particular customer indicates a preference to conduct future transactions that are similar to the transaction using the particular transaction account. 
     
     
         39 . The non-transitory computer-readable medium of  claim 34 , wherein the operations further comprise:
 responsive to receiving an indication that the transaction is not authorized using the particular transaction account, using the stored transaction information relating to other ones of the plurality of customers to select an alternate transaction account from the plurality of transaction accounts.