the system such as for example a charge card credit card debit card prepaid card telephone card smart card magnetic stripe card bar code card authorization access code personal identification number pin internet code other identification code and or the like additionally a u201c cardholder u201d or u201c cardmember u201d includes any person or entity which uses a transaction card and participates in the present system and may include a person who is simply in possession of a financial account identifier such as an authorization or account code similarly a u201c demand deposit account u201d may include any suitable financial account such as a bank account e g checking savings money market credit line etc or other financial account maintained by a third party such as a suitably insured financial institution such account preferably having a balance of substantially the same financial tender as the card communication between the parties to the transaction and the system of the present invention is accomplished through any suitable communication means such as for example a telephone network intranet internet point of interaction device point of sale device personal digital assistant cellular phone kiosk etc online communications off line communications wireless communications and or the like one skilled in the art.