Methods and systems for managing transaction card accounts enabled for use with particular categories of providers and/or goods/services

摘要

A computer-implemented method and system for managing transaction card accounts involves enabling a transaction card account by a card issuer for use with pre-defined categories of providers of goods/services and goods/services sold and issuing a transaction card and establishing an associated pre-qualified category card account. Upon receiving data for a transaction with the transaction card at a transaction terminal by a processing platform of the card issuer via a card association processing network, the category of the provider and goods/services is interrogated to determine whether or not the transaction can be posted on the pre-qualified category card account of the cardholder, and the transaction is approved and posted to the pre-qualified category card account if the transaction falls within the pre-qualified category of the cardholder.

主权项

1. A computer-implemented method for processing a payment from a transaction card, the method comprising:
receiving, from a point-of-sale terminal of a merchant, a transaction request from a cardholder of the transaction card, wherein the transaction request comprises indicia of a location of where the cardholder is requesting the transaction; transmitting the transaction request through a card association network to a card issuer for the transaction card; receiving, by a computer of the card issuer, the transaction request; determining, by the computer of the card issuer, whether to approve the transaction request as a private label transaction based upon the location of the transaction request based upon the indicia in the transaction request; approving the transaction request as a private label card transaction if the location of the transaction request is qualified; and approving the transaction request if the location of the transaction request is not qualified.