Invention Grant
- Patent Title: Apparatus and method for dynamic offline balance management for preauthorized smart cards
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Application No.: US12832288Application Date: 2010-07-08
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Publication No.: US09911154B2Publication Date: 2018-03-06
- Inventor: Aaron Baker , Colin Tanner
- Applicant: Aaron Baker , Colin Tanner
- Applicant Address: US NY Purchase
- Assignee: MASTERCARD INTERNATIONAL INCORPORATED
- Current Assignee: MASTERCARD INTERNATIONAL INCORPORATED
- Current Assignee Address: US NY Purchase
- Agency: Otterstedt, Ellenbogen & Kammer, LLP
- Main IPC: G06Q40/00
- IPC: G06Q40/00 ; G06Q20/10 ; G06Q20/36 ; G07F7/12

Abstract:
A smart payment device is issued to a user; the device is capable of both offline and online transactions and has a total available balance split. The split is between an available offline balance and an available online balance. It is determined whether the user has entered a primarily offline environment or will imminently enter a primarily offline environment. If this is so, the total available balance split is redistributed to favor offline transactions.
Public/Granted literature
- US20120011062A1 Apparatus and Method for Dynamic Offline Balance Management for Preauthorized Smart Cards Public/Granted day:2012-01-12
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