Importance

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Abstract

A method for processing a transaction including a product return may include receiving an indication of the transaction associated with a purchase of a product from a merchant via a value card of a customer, where the value card is usable to support multiple transaction types including a debit purchase or a credit purchase, and receiving an indication of selected transaction type indicating whether the transaction is to be treated as an instance of the debit purchase or the credit purchase. The method may further include directing funds to the merchant in an amount of the transaction, selectively processing the transaction with respect to the customer based on the selected transaction type, storing a transaction record indicating the amount of the transaction and the selected transaction type, receiving a product return indication, retrieving the transaction record to determine the amount of the transaction and the selected transaction type, determining a refund path based on the selected transaction type, and processing the product return based on the refund path determined.

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First Claim