Nancy Jean Weber

US Patent:

8041634, Oct 18, 2011

Filed:

Nov 7, 2007

Appl. No.:

11/936475

Inventors:

Richard Mitchell Eastley - Woodside CA, US
Nancy Weber - San Francisco CA, US
Tamara Romanek - Burlingame CA, US
Sharon North - San Carlos CA, US

Assignee:

Visa U.S.A. Inc. - San Francisco CA

International Classification:

G06Q 40/00
G06Q 30/00
G06Q 20/00

US Classification:

705 39, 705 35, 705 38, 705 261, 705 16

Abstract:

When a buyer's debt to a seller cannot be paid using an account issued to the buyer by an issuer within a payment processing system, then either or both the seller and the buyer are solicited to conduct future transactions payable on the account. If the debt can be paid using the account, then a sub-account is created unique to the seller and buyer. Transactions between the buyer and seller can be processed using the sub-account including the option of aggregating the debts prior to the processing. The credit limit of the sub-account can be set to match the amount of the aggregated debts.

US Patent:

8626599, Jan 7, 2014

Filed:

Sep 9, 2011

Appl. No.:

13/228990

Inventors:

Richard Mitchell Eastley - Woodside CA, US
Nancy Weber - San Francisco CA, US
Tamara Romanek - Burlingame CA, US
Sharon North - San Carlos CA, US

Assignee:

Visa U.S.A. Inc. - San Francisco CA

International Classification:

G06Q 30/00

US Classification:

705 261

Abstract:

When a buyer's debt to a seller cannot be paid using an account issued to the buyer by an issuer within a payment processing system, then either or both the seller and the buyer are solicited to conduct future transactions payable on the account. If the debt can be paid using the account, then a sub-account is created unique to the seller and buyer. Transactions between the buyer and seller can be processed using the sub-account including the option of aggregating the debts prior to the processing. The credit limit of the sub-account can be set to match the amount of the aggregated debts.