SYSTEM AND METHOD OF PROVIDING ENHANCED TRANSACTION DATA

摘要

A system and method is provided for processing financial transactions performed by an employee using an employer provided financial presentation device. The system includes a memory, a processor coupled to the memory; and a processing module executable by the processor. The processing module is adapted to process an authorization request from the merchant for approval of the financial transaction. The processing module receives the financial transaction data together with the related enhanced data during the authorization process, stores the financial transaction data and the related enhanced data in the memory, and sends the financial transaction data and the related enhanced data to a reporting computer so as to make them available for access by the employer on a timely, accurate and convenient basis.