System and method for categorizing transactions
View Patent ↗A system and method of allowing individuals to categorize transaction information. A user of the system may establish transaction identifiers that may be employed during or subsequent to a transaction in order to categorize transaction information.
1. A method for categorizing a financial transaction via a biometric authorization system, said method comprising:
receiving financial transaction information obtained at a point of sale;
receiving biometric data at said point of sale;
determining, via a biometric authorization system, whether said received biometric data matches one of first and second registered biometric data, wherein said first registered biometric data is associated with a first financial transaction category for a user and said second registered biometric data is associated with a second financial transaction category for the user;
categorizing, via the biometric authorization system, said financial transaction information according to said determination, wherein a match of said received biometric data to said first registered biometric data associates said financial transaction information with said first financial transaction category and wherein a match of said received biometric data to said second registered biometric data associates said financial transaction information with said second financial transaction category; and
recording an association between said categorized financial transaction information and the associated financial transaction category.
2. The method of claim 1 , further comprising receiving a user identifier.
3. The method of claim 1 , wherein said received biometric data is one of a plurality of biometric data of a single biometric type.
4. The method of claim 3 , wherein said biometric type is one of fingerprint data, iris data, retinal data, and hand architecture data.
5. The method of claim 3 , wherein said plurality of biometric data includes fingerprints from a left hand and a right hand.
6. The method of claim 3 , wherein said plurality of biometric data includes fingerprints from different fingers of one hand.
7. The method of claim 3 , wherein said plurality of biometric data includes data from a left eye and a right eye.
8. The method of claim 1 , wherein said received biometric data is from a token.
9. The method of claim 1 , further comprising authorizing a financial transaction based upon a comparison of said received biometric data to at least one of said first registered biometric data and said second registered biometric data.
10. The method of claim 9 , wherein said determining transpires at a local device.
11. The method of claim 9 , wherein said determining transpires at a database.
12. The method of claim 1 , wherein said first financial transaction category is a business transaction and said second financial transaction category is a personal transaction.
13. A method for categorizing financial transaction information via a biometric authorization system, said method comprising:
authorizing payment for a financial transaction at a point of sale using biometric data received at said point of sale;
determining, via a biometric authorization system, whether said received biometric data matches one of first and second registered biometric data, wherein said first registered biometric data is associated with a first financial transaction category for a user and said second registered biometric data is associated with a second financial transaction category for the user;
categorizing, via the biometric authorization system, said financial transaction according to said determination, wherein a match of said received biometric data to said first registered biometric data associates said financial transaction with said first financial transaction category and wherein a match of said received biometric data to said second registered biometric data associates said financial transaction with said second financial transaction category; and
storing an association between said financial transaction and the associated financial transaction category.
14. The method of claim 13 , further comprising receiving a financial account identifier at said point of sale, said financial account identifier being used to identify a particular financial account to be used for said payment.
15. The method of claim 13 , further comprising receiving a user identifier.
16. The method of claim 13 , wherein said received biometric data is one of a plurality of biometric data of a single biometric type.
17. The method of claim 16 , wherein said biometric type is one of fingerprint data, iris data, retinal data, and hand architecture data.
18. The method of claim 16 , wherein said plurality of biometric data includes fingerprints from a left hand and a right hand.
19. The method of claim 16 , wherein said plurality of biometric data includes fingerprints from different fingers of one hand.
20. The method of claim 16 , wherein said plurality of biometric data includes data from a left eye and a right eye.
21. The method of claim 13 , wherein said received biometric data is from a token.
22. The method of claim 13 , wherein said authorizing payment for a financial transaction comprises comparing said received biometric data to at least one of said first registered biometric data and said second registered biometric data.
23. The method of claim 22 , wherein said comparing transpires at a local device.
24. The method of claim 22 , wherein said comparing transpires at a database.
25. The method of claim 13 , wherein said first financial transaction category is a business transaction category and said second financial transaction category is a personal transaction category.