Dynamic currency conversion for card payment systems

G - Physics – 06 – Q

Patent

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Details

G06Q 20/00 (2006.01) G07F 7/10 (2006.01)

Patent

CA 2383173

The present invention relates to Card Payment Systems for use in a multicurrency environment. In particular, the present invention provides a system and method for identifying an appropriate currency for individual transactions conducted using a card payment system, using the steps of identifying (50) an identifier code (60(1- n)) from a payment card, and determining (52) from the identifier code (60(1-n)) a suitable currency (61(1-n)) for association with said payment card transaction. The identifier code is preferably a portion of the card number of the payment card. The transaction may be processed (54) in the suitable currency or the transaction amounts may be displayed in the suitable currency for information purposes.

L'invention concerne des systèmes de paiement par carte destinés à être utilisés dans un environnement multidevise. En particulier, l'invention concerne un système et un procédé permettant d'identifier une devise appropriée pour des transactions individuelles effectuées au moyen d'un système à paiement par carte, comportant les étapes consistant à identifier (50) un code identificateur (60(1-n)) d'une carte de paiement, et à déterminer (52), à partir du code identificateur (60(1-n)), une devise appropriée (61(1-n)) pour l'association avec ladite transaction par carte de paiement. Le code identificateur est de préférence une portion du numéro de carte de la carte de paiement. La transaction peut être traitée (54) dans la devise appropriée, ou les quantités de transaction peuvent être affichées dans la devise appropriée en vue de fournir une information.

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