Exceeded account threshold service involving exceeded account threshold magnetic stripe

摘要

In general terms, embodiments of the present invention relate to methods and apparatuses for providing an account exceeding available funds or credit service involving an account exceeding available funds or credit magnetic stripe. For example, in some embodiments, a method is provided that includes: (a) receiving transaction information associated with a transaction, where the transaction involves a transaction machine and an account, and where the account is associated with a credit/debit card; (b) determining, based at least partially on the transaction information, that the account will incur an account exceeding available funds or credit as a result of the transaction; (c) receiving account exceeding available funds or credit swipe information indicating that an account exceeding available funds or credit magnetic stripe of the credit/debit card was swiped at the transaction machine; and (d) authorizing the transaction based at least partially on receiving the account exceeding available funds or credit swipe information.

主权项

1. A method comprising:
receiving transaction information associated with a transaction, wherein the transaction involves a transaction machine, an account and a holder of the account, and wherein the account is associated with a credit/debit card comprising primary swipe information and exceeding available funds or credit threshold swipe information and wherein the transaction information comprises the primary swipe information indicating that a primary magnetic stripe of the credit/debit card was swiped at the transaction machine; determining, based at least partially on the transaction information, that the account will exceed available funds or credit threshold as a result of the transaction; prompting the holder to swipe the exceeding available funds or credit threshold magnetic stripe of the credit/debit card at the transaction machine, wherein the prompting the holder occurs after the determining that the account will incur the exceeding available funds or credit threshold, wherein the prompting the holder comprises sending a message to a mobile device accessible to the holder, wherein the message prompts the holder to swipe the exceeding available funds or credit threshold magnetic stripe of the credit/debit card at the transaction machine; receiving the exceeding available funds or credit threshold swipe information after the prompting of the holder indicating that the exceeding available funds or credit threshold magnetic stripe of the credit/debit card was swiped at the transaction machine and that the holder consents to the exceeding available funds or credit threshold, wherein at least some information stored in the exceeding available funds or credit threshold magnetic stripe is different than at least some information stored in the primary magnetic stripe; and authorizing the transaction based at least partially on the receiving the exceeding available funds or credit threshold swipe information.