APPLY AND BUY WITH A CO-BRANDED VIRTUAL CARD
A method for applying and buying with a co-branded virtual card is disclosed. The method includes receiving a customer application for a co-branded credit card at a time of purchase, performing a customer qualification for the co-branded credit card at the time of purchase, providing access to a virtual co-branded card for a qualified customer, the virtual co-branded card having a valid credit card number, a valid credit card expiration date and a valid credit card security code and authorizing the use of the virtual co-branded card to buy goods at the time of qualification.
1 . (canceled)
2 . A computer-implemented method for generating a temporary co-branded virtual credit card and electronically transmitting the temporary co-branded virtual credit card to a recipient, the computer-implemented method comprising the steps of:
electronically receiving a customer request for a co-branded credit card from a point of sale location, said customer request indicating said point of sale location, and a store corresponding to said point of sale location;
performing a computer-generated customer qualification process to automatically determine if said customer qualifies for said co-branded credit card, said computer-generated customer qualification process occurring while a customer is at said point of sale location;
provided said customer qualifies for said co-branded credit card:
electronically accessing a memory containing payment card industry (PCI) information to obtain PCI rules defined by said point of sale location and said store as ascertained from said customer request; and
creating a computer-generated temporary co-branded virtual credit card for said customer, said temporary co-branded virtual credit card compliant with said PCI rules defined by said point of sale location and said store as ascertained from said customer request; and
electronically transmitting said computer-generated temporary co-branded virtual credit card to said recipient.
3 . The computer-implemented method for generating a temporary co-branded virtual credit card of claim 2 wherein said creating said computer-generated temporary co-branded virtual credit card further comprises:
utilizing said PCI rules to create a computer-generated security code, wherein said computer-generated security code is compliant with said PCI rules.
4 . The computer-implemented method for generating a temporary co-branded virtual credit card of claim 3 wherein said computer-generated security code cannot be accessed by said customer.
5 . The computer-implemented method for generating a temporary co-branded virtual credit of claim 2 wherein said creating said computer-generated temporary co-branded virtual credit card further comprises:
utilizing said PCI rules to create a computer-generated expiration date of said temporary co-branded virtual credit, wherein said computer-generated expiration date of said temporary co-branded virtual credit is compliant with said PCI rules defined by said point of sale location and said store as ascertained from said customer request.
6 . The computer-implemented method for generating a temporary co-branded virtual credit of claim 2 wherein said electronically transmitting said computer-generated temporary co-branded virtual credit card to said recipient further comprises:
electronically transmitting said computer-generated temporary co-branded virtual credit card to a merchant credit card machine at said point of sale location.
7 . The computer-implemented method for generating a temporary co-branded virtual credit of claim 2 wherein said electronically transmitting said computer-generated temporary co-branded virtual credit card to said recipient further comprises:
electronically transmitting said computer-generated temporary co-branded virtual credit card to a mobile device of said customer.
8 . The computer-implemented method for generating a temporary co-branded virtual credit of claim 2 wherein said computer-generated temporary co-branded virtual credit card is not associated with a primary account number associated with said customer.
9 . The computer-implemented method for generating a temporary co-branded virtual credit card of claim 2 wherein a credit card number assigned to said temporary co-branded virtual credit card cannot be accessed by said customer.
10 . The computer-implemented method for generating a temporary co-branded virtual credit card of claim 5 wherein said computer-generated expiration date of said temporary co-branded virtual credit cannot be accessed by said customer.
11 . A computer-implemented method for generating a temporary co-branded virtual credit card and electronically transmitting the temporary co-branded virtual credit card to a recipient, the computer-implemented method comprising the steps of:
electronically receiving a customer request for a co-branded credit card from a point of sale location, said customer request indicating said point of sale location, and a store corresponding to said point of sale location;
performing a computer-generated customer qualification process to automatically determine if said customer qualifies for said co-branded credit card, said computer-generated customer qualification process occurring while a customer is at said point of sale location;
provided said customer qualifies for said co-branded credit card:
electronically accessing a memory containing payment card industry (PCI) information to obtain PCI rules defined by said point of sale location and said store as ascertained from said customer request;
creating a computer-generated temporary co-branded virtual credit card for said customer, said temporary co-branded virtual credit card compliant with said PCI rules defined by said point of sale location and said store as ascertained from said customer request; and
utilizing said PCI rules to create a computer-generated security code, wherein said computer-generated security code is compliant with said PCI rules; and
electronically transmitting said computer-generated temporary co-branded virtual credit card to said recipient.
12 . The computer-implemented method for generating a temporary co-branded virtual credit card of claim 11 wherein said computer-generated security code cannot be accessed by said customer.
13 . The computer-implemented method for generating a temporary co-branded virtual credit of claim 11 wherein said creating said computer-generated temporary co-branded virtual credit card further comprises:
utilizing said PCI rules to create a computer-generated expiration date of said temporary co-branded virtual credit, wherein said computer-generated expiration date of said temporary co-branded virtual credit is compliant with said PCI rules defined by said point of sale location and said store as ascertained from said customer request.
14 . The computer-implemented method for generating a temporary co-branded virtual credit of claim 11 wherein said electronically transmitting said computer-generated temporary co-branded virtual credit card to said recipient further comprises:
electronically transmitting said computer-generated temporary co-branded virtual credit card to a merchant credit card machine at said point of sale location.
15 . The computer-implemented method for generating a temporary co-branded virtual credit of claim 11 wherein said electronically transmitting said computer-generated temporary co-branded virtual credit card to said recipient further comprises:
electronically transmitting said computer-generated temporary co-branded virtual credit card to a mobile device of said customer.
16 . The computer-implemented method for generating a temporary co-branded virtual credit of claim 11 wherein said computer-generated temporary co-branded virtual credit card is not associated with a primary account number associated with said customer.
17 . The computer-implemented method for generating a temporary co-branded virtual credit card of claim 11 wherein a credit card number assigned to said temporary co-branded virtual credit card cannot be accessed by said customer.
18 . The computer-implemented method for generating a temporary co-branded virtual credit card of claim 13 wherein said computer-generated expiration date of said temporary co-branded virtual credit cannot be accessed by said customer.
19 . A computer-implemented method for generating a temporary co-branded virtual credit card and electronically transmitting the temporary co-branded virtual credit card to a recipient, the computer-implemented method comprising the steps of:
electronically receiving a customer request for a co-branded credit card from a point of sale location, said customer request indicating said point of sale location, and a store corresponding to said point of sale location;
performing a computer-generated customer qualification process to automatically determine if said customer qualifies for said co-branded credit card, said computer-generated customer qualification process occurring while a customer is at said point of sale location;
provided said customer qualifies for said co-branded credit card:
electronically accessing a memory containing payment card industry (PCI) information to obtain PCI rules defined by said point of sale location and said store as ascertained from said customer request;
creating a computer-generated temporary co-branded virtual credit card for said customer, said temporary co-branded virtual credit card compliant with said PCI rules defined by said point of sale location and said store as ascertained from said customer request;
utilizing said PCI rules to create a computer-generated security code, wherein said computer-generated security code is compliant with said PCI rules; and
utilizing said PCI rules to create a computer-generated expiration date of said temporary co-branded virtual credit, wherein said computer-generated expiration date of said temporary co-branded virtual credit is compliant with said PCI rules defined by said point of sale location and said store as ascertained from said customer request; and
electronically transmitting said computer-generated temporary co-branded virtual credit card to said recipient.
20 . The computer-implemented method for generating a temporary co-branded virtual credit card of claim 19 wherein said customer cannot access a credit card number assigned to said temporary co-branded virtual credit card, said customer cannot access said computer-generated security code, and said customer cannot access said computer-generated expiration date of said temporary co-branded virtual credit.
21 . The computer-implemented method for generating a temporary co-branded virtual credit of claim 19 wherein said computer-generated temporary co-branded virtual credit card is not associated with a primary account number associated with said customer.