System, method, and computer program product for issuing and using debit cards

摘要

A system, method, and computer program product are used to issue and track debit cards. A system comprises an enrolling system that verifies an enrollee, associates an enrollee's main and overdraft account, and issues a debit card, an authentication system that receives information regarding a requested transaction of a debit card and that receives information regarding the main and overdraft account associated with the debit card and accepts or rejects the requested transaction based thereon, and a settlement system that generates a periodic report of at least one of the transactions, the main account, and the overdraft account. The overdraft account can be a charge or credit account.

主权项

1. A method comprising:
receiving, at a computer-based authorization system, a transaction request associated with a debit account, wherein the debit account is associated with a separate account; sending, using the computer-based authorization system, an account information request that includes account information of the separate account; receiving, at the computer-based authorization system, status information of the separate account in response to the account information request; and authorizing, using the computer-based authorization system, the transaction request based on the status information.