Inventors:
Cynthia Wills Black - Pittsburgh PA, US
Hemant Baijal - Trumbull CT, US
International Classification:
G06K 5/00
Abstract:
A system, method, and apparatus for conducting a purchase transaction include receiving account information from a payment card device for a purchase transaction, wherein an unrestricted funds account and a restricted funds account is associated with the payment card device; receiving account type data representative of one of the unrestricted funds account and the restricted funds account to associate with the purchase transaction by a transaction terminal; transmitting payment transaction data, including the account type data, from the transaction terminal to a payment network; routing the payment transaction data to one of a first network and a second network based on the account type data associated with the payment transaction data; determining whether the routing is successful; and re-routing, in an instance the routing is not successful, the payment transaction to the first network or the second network not selected in the routing of the payment transaction.