Public transit system fare processor for multi-balance funding

摘要

An implementation of a system and method for processing transfer rides associated with at least one public transit network is provided. The system and method preprocess transactions to consolidate or eliminate unnecessary transactions with a financial institution clearing and settlement network.

主权项

1. A bankcard processing system, comprising:
a first interface to communicate with at least one bankcard terminal communicating bankcard number information and additional bankcard data; a processor coupled to the first interface; memory, coupled to the processor, to hold a set of bankcard records comprising, for each bankcard record in the set, an identifier of a standard bankcard previously presented, by a respective holder of the standard bankcard, to a registration system one of a credit card and a debit card, wherein the identifier is derived from at least part of a number from the credit card or the debit card and the additional bankcard data, and wherein the set of bankcard records identifies bankcards from a plurality of issuers; a second interface, coupled to the processor, to communicate with a bankcard verification system; and a third interface, coupled to the processor, to communicate with a bankcard registration system.