128results about "Debit schemes" patented technology

The disclosed embodiments include computer-implemented apparatuses and processes that provision, in real-time, targeted recommendations based on decomposed structured messaging data. For example, an apparatus receives a message that includes elements of message data disposed within corresponding message fields. The message data may characterizes a real-time payment requested by a first counterparty from a second counterparty and associated with a first product provisioned to the second counterparty by the first counterparty. Based on elements of message data, the apparatus determines a value of a parameter that characterizes at least one of the second counterparty or a relationship between the second counterparty and the first counterparty, and transmits digital content associated with the parameter value to a device operable by the second counterparty, which presents a portion of the digital content within a digital interface.

The embodiment of the invention provides a payment method, a wallet system and a storage medium. According to the method, a wallet system receives a payment request of a target order, the payment request represents that a user requests to pay the target order through a target payment medium, and a target payment rule indicating an account type allowed to be used in the payment process is obtained; determining whether a target account capable of paying the target order exists in a target payment medium based on the target payment rule; under the condition that the target account exists, the target account is used for payment to obtain a payment result of the target order; wherein the target payment medium comprises account sets corresponding to multiple account types, the multiple account types comprise a debit type and a credit type, and the account set corresponding to each account type comprises at least one account belonging to the account type.

Systems and methods for automatically generating and providing pre-qualification determinations for different secured and unsecured payment instruments are provided. In response to receiving an application for a secured payment instrument, the system obtains spend data associated with a user. The spend data corresponds to expenditures according to different spend categories. A machine learning algorithm is trained to identify a set of allowances corresponding to the different spend categories. This set of allowances are used to secure the secured payment instrument, which is issued to the user. The machine learning algorithm is updated using transaction data corresponding to usage of the secured payment instrument and historical data.

The invention discloses a cross-transaction system accounting function separation method based on a rule engine, and belongs to the technical field of financial accounting, in the method, the accounting function of a traditional transaction system is decoupled through the rule engine, and the agility and compliance capability of financial transaction processing are effectively improved. A core accounting rule is abstracted as an independent execution unit, so that a bottom layer system does not need to be reconstructed in business operations such as rate adjustment and account division strategy change, and the new rule online period is compressed from a week level to an hour level. The multi-level rule architecture supports a mixed processing mode of real-time transaction and batch correction, can meet millisecond-level liquidation requirements in a cross-border payment scene, can automatically adapt to dynamic compliance strategies of different supervision jurisdictions, and realizes parallel computing and accurate matching of global regional transaction rules. The continuity of key transactions is guaranteed by a geo-fence routing and intelligent traffic segmentation mechanism.

Systems and methods for conducting transactions using hybrid credit / charge financial instruments are disclosed. A method may include a transaction processing computer program: establishing a hybrid account comprising a pay-in-full portion and a revolving balance portion, the pay-in-full portion having a pay-in-full portion limit, and the revolving balance portion having a revolving balance portion limit; receiving a transaction for a transaction amount involving the hybrid account from a point of transaction device; applying rule(s) to the transaction to identify a pay-in-full amount of the transaction amount for the pay-in-full portion and / or a revolving balance amount of the transaction amount for the revolving balance portion; debiting the pay-in-full portion for pay-in-full amount and / or the revolving balance portion for the revolving balance amount; monitoring the pay-in-full portion and the revolving balance portion for balances and payments; and adjusting the pay-in-full portion limit and / or the revolving balance portion limit based on the monitoring.

Decentralized computer systems and methods are disclosed for using a debit network as an intermediary between distributed ledgers. One method includes: receiving, at a first blockchain network from a merchant, transaction information comprising a consumer identification, an issuer identification from a payment vehicle presented for a transaction, and a transaction amount in resources of a first type, wherein the merchant and / or its acquirer are participants of the first blockchain network but the consumer and / or issuer are not participants of the first blockchain network; sending the transaction information to a debit network; identifying, using the debit network, a second blockchain network having the consumer and / or the issuer as participants, using the received consumer identification or issuer identification; and if participants of the second blockchain network accept the transaction, generating a new immutable entry to the second blockchain network indicating a change in the resources of a second type.

A group payment vehicle and process for establishing and utilizing the group payment vehicle may be utilized to make proxy payments for group members and associate payment mechanisms with the group payment vehicle. The group payment vehicle may be virtual or physical and may be time limited (or have another payment limitation). The group payment vehicle may be a debit-type or credit-type as established by a creator of the group payment vehicle. A system may be configured to enable the creator to invite potential group participants to participate with the group payment vehicle that functions as a single payment mechanism to vendors for an event. The system may limit the group payment vehicle to be time limited, geolocation limited, and / or merchant limited to limit potential financial exposure and fraud.

The disclosed embodiments include computer-implemented systems and processes that provision, in real-time, targeted digital content associated with an initiated data exchange based on structured messaging data. For example, an apparatus may receive a message associated with a real-time payment requested from a first counterparty by a second counterparty. The message may include elements of message data disposed within corresponding message fields, and based on at least the elements of message data, the apparatus may generate product data characterizing a product available to the first counterparty and transmit first notification data including digital content associated with the available product and with the data exchange to a first device operable by the first counterparty. Based on response data generated by the first device, the apparatus may perform operations that provision the available product to the first counterparty in accordance with the product data.

A payroll service can receive, from an employee's device, a request for early payment of earned wages for work performed for an employer. The payroll service can determine that the employee is eligible for the early payment of payroll funds. The payroll service facilitates transfer of a portion of the earned wages from a financial account of the payroll service to a financial account of the employee. The employer can then provide the payroll service payroll funds for a current pay period, and based on receiving the payroll funds, another portion of the earned wages is paid by the payroll service to the employee.

Disclosed are systems, methods, and techniques for purchasing and activating a decoupled gift card. A system can include: a first gift card component of a first type having a first identifier, a second gift card component of a second type separate from the first component and having a second identifier, the second component being configured to attach to the first component to form a decoupled gift card purchasable during a checkout process, a point of sale (POS) terminal that scans the first and second identifiers during checkout, and a remote computer system that can activate the decoupled gift card while the checkout process is performed. The remote system can receive the scanned identifiers, identify a gift card number corresponding to the first scanned identifier, identify an access token corresponding to the second scanned identifier, and associate the gift card number with the access token to activate the decoupled gift card.

Systems and methods that responsive to an authorized purchase transaction at a point-of-sale terminal using an amount of funds maintained in an integrated bank account associated with a user, determine a gaming establishment account associated with the user, and operate with a component of a gaming establishment system that maintains the gaming establishment account to cause, based on the authorized purchase transaction a benefit to be associated with the gaming establishment account.

Systems and methods are disclosed for providing a payment authorization to a real-time payment (RTP) network to initiate an RTP between a customer financial institution account and a merchant financial institution account. One method performed by a payment facilitator device includes, based on a user device of a customer and a point-of-sale (POS) device of a merchant performing a direct communication regarding a transaction, receiving a payment request for a transaction amount of the transaction and receiving a customer authorization for the transaction. The payment facilitator then provides a payment authorization to an RTP network to initiate an RTP for the transaction amount of the transaction from a customer financial institution account to a merchant financial institution account, based on receiving the customer authorization for the transaction.

To improve convenience for service providers. [Solution] A ticket issuing device 10 includes a main body 10A, a thermal printer 13, and a code scanner 14. The thermal printer 13 is provided in the main body 10A. The code scanner 14 is provided in the main body 10A and is capable of registering multiple pieces of product information that can be provided to a first type of user. The thermal printer 13 is capable of issuing a ticket by attaching any one of the pieces of product information selected from the multiple pieces of product information registered in the code scanner 14 to the ticket.

Systems and methods that, following an occurrence of a settlement event, determine a transaction against an integrated bank account that is associated with a user and linked to a gaming establishment account associated with that user. Following the occurrence of the settlement event, the systems and methods additionally operate with a component of a banking institution to reconcile the integrated bank account against at least a backing bank account associated with the gaming establishment account.

An online system receives financial account information for a user, such as debit card information, from a merchant system with which the user places an order. From the financial account information, the online system selects a virtual credit card providing one or more rewards, such as cashback, to the user. Based on characteristics of the order by the user, the online system identifies one or more offers, such as discounts or rebates, applicable to the order. The online system provides the virtual credit card information to the merchant system and stores the virtual credit card information, as well as information describing one or more identified offers for the order in association with the user and the virtual credit card, in an account maintained for the user. Rewards may be stored in the user's account at the online system for application when using the virtual credit card associated with the user.

The invention discloses a software interaction system and method for promoting virtual-real fusion landing of meta universe, and belongs to the technical field of virtual-real interaction. The method is realized by pure software, and supports two modes of exchanging virtual assets for entity commodities and automatically returning the virtual assets after the entity commodities are purchased. The system accesses a digital platform through a standardized interface to complete asset verification, cancel-after-verification and voucher generation, supports delivery modes such as logistics distribution, store cancel-after-verification and offline self-pick-up, can automatically return virtual assets when purchasing entity commodities, and does not need a user to upload a voucher. The method breaks through the interaction barrier between the digital world and the physical world, is suitable for platforms such as games, movies and televisions, music and cartoons, realizes virtual-real two-way automatic intercommunication, and has high practicability and commercial value.

Various embodiments are directed to processing and executing digital asset transfers between two users. An example method includes receiving a data object defining a digital asset transfer, and the data object may be a query from the first user to initiate an outbound transfer to a second user or an approval of a request for digital asset units from the second user. The method further includes retrieving account balance data objects associated with the digital asset accounts for the first and second users. The method further includes, responsive to determining that the digital asset transfer satisfies one or more transfer conditions, executing the digital asset transfer by executing a closed-loop debit from the first user and executing a closed-loop credit to the second user. The method further includes updating the account balance data object to reflect the resulting balances of each digital asset account.

Disclosed herein are system, method, and computer program product embodiments for generating a virtual card number (VCN) associated with a credit card having a primary account number (PAN). The algorithm used matches the last 4 digits of the VCN to the last 4 digits of the PAN. By matching the last 4 digits of the VCN to the PAN, customer confusion is avoided, and VCNs may be more widely deployed, reducing the number of PAN reissuances that occur. The implementation of this feature is possible using the specific technique disclosed herein that uses multiple, rotating bank identification numbers (BIN) to expand the universe of available PANs to scales that can support a working implementation. The approach further describes accepting both a PAN card verification value (CVV) and a VCN CVV to authorize transactions. The approach also allows the synchronizing of expiration dates between a VCN and a PAN to further ease the burden of administering VCNs.

Systems, methods and devices for enabling remote players to participate in live games alongside in-person participants. A proxy device can be positioned at a gaming location where a live in-person game is taking place. The proxy device communicates with a user device of a corresponding user. The user receives feedback data from the proxy device relating to the game. The user controls the operation of the proxy device through their user device. The proxy device thus participates in the live game on behalf of the user. This can allow a user to enjoy the entire gaming experience of participating in a live game alongside other participants and / or venue employees even while they are not actually present at the game location.

Computing devices and methods for facilitating electronic wallet payments using near field communication (NFC). In an example, the method includes receiving transaction information corresponding to a transaction and an identification of an electronic wallet payment application of an electronic wallet payment server from a point of sale (POS) terminal; sending the transaction information and the identifier of the electronic wallet payment application program to a server; establishing a uniform resource locator (URL) that addresses the server and identifies a first network resource that activates the electronic wallet payment application; generating, via a near field communication (NFC) tag controller, an NFC data exchange format (NDEF) message including the URL as a payload; and transmitting, via the NFC tag controller, an NFC signal corresponding to the NDEF message.

A secure transaction system and method is disclosed which uses a central service entity and central settlement entity to perform a payment transaction between a customer of a sending participant entity and a customer of a receiving participant entity. The central settlement entity is configured to create an earmark to secure and control the intended payment funds of the sending participant entity and to transfer the payment funds after the receiving participant entity confirms funds have been successfully credited to its customer.

The present invention pertains to an electronic money settlement method that is realized by an electronic money business operator system that provides an electronic money service. The method includes: managing, in an associated manner for each user who uses an electronic money service, an electronic money account of the user and a deposit account of the user; virtually setting the balance of the electronic money account so as to be synchronized with the balance of the deposit account; and making a request to a financial institution system for a remittance process such that an amount for settlement is, in response to the settlement using the electronic money, directly remitted from the deposit account associated with the electronic money account to a deposit account, at a financial institution, of a money recipient who is to receive the amount through the settlement.

The present disclosure relates to systems, non-transitory computer-readable media, and methods for generating and utilizing movement identifiers to identify transactions in a secured deposit network transaction chain. In particular, in one or more embodiments, the disclosed systems initiate a network transaction as a secured deposit network transaction chain comprising a first intermediate transaction from a secured deposit account to a debit account and a second intermediate transaction from the debit account to an additional account. Moreover, the disclosed systems intelligently display the network transaction in a user interface by displaying the network transaction as a transaction from the secured deposit account to the additional account.

Systems, methods, and devices for enabling a remote player to participate in a live game with a live player. The proxy device may be placed at a gaming site where the live game is being played. The proxy device communicates with a user device of a respective user. A user receives feedback data related to a game from a proxy device. And the user controls the operation of the proxy equipment through the user equipment. Thus, the proxy device participates in the live game on behalf of the user. This may allow the user to enjoy a complete game experience that participates in the live game with other participants and / or venue staffs, even if they are not physically at the game venue.

This invention relates to systems and methods for authenticating transactions using a mobile device based primarily on the introduction of a layer of middleware and wherein the Payment Networks, Merchants, Issuing Banks, Credit Reporting Bureaus, Insurance Companies, Healthcare Providers may customize the implementation of the services based on individual strategy and consumer preferences.

Systems and methods are provided for providing application notifications for computing application restrictions. A user may perform a transaction with another user, such as purchasing an item, service, or other item from a merchant using a payment account and / or a payment card via a software application. An online transaction processor may provide monitoring operations to enforce electronic transaction processing restrictions by applying usage and / or payment restrictions of one or more accounts. The limit may correspond to a processing limit or throttling mechanism, which may limit the use of the consumption limit in the application below an allowed maximum use amount. When utilizing the restriction, the online transaction processor may determine that the throttling mechanism is approved or violated, and may allow a user to configure such restriction through slidable and / or adjustable application icons and interfaces.

Systems, methods and devices for enabling remote players to participate in live games alongside in-person participants. A proxy device can be positioned at a gaming location where a live in-person game is taking place. The proxy device communicates with a user device of a corresponding user. The user receives feedback data from the proxy device relating to the game. The user controls the operation of the proxy device through their user device. The proxy device thus participates in the live game on behalf of the user. This can allow a user to enjoy the entire gaming experience of participating in a live game alongside other participants and / or venue employees even while they are not actually present at the game location.

To provide a delayed debit settlement system, a method and a program for conducting a delayed debit transaction which is flexible and highly convenient for a user.SOLUTION: A delayed debit settlement system includes a user terminal which receives, from a user, settings as to whether to conduct a delayed debit transaction, and a delayed server connected to communicate with the user terminal. The delayed server includes: an information acquisition unit 211 which acquires cashless transaction information; a delayed limit determination unit 212 which determines a delayed limit for delayed debit transaction on the basis of the cashless transaction usage of the user; a transaction availability determination unit 213 which determines whether the delayed debit transaction is available on the basis of the amount of transaction and the delayed limit; a tanking processing unit 214 which performs tanking processing if the delayed debit is available; and an information output unit 215 which outputs a debit instruction to debit the amount of transaction from the account of the user when a date of settlement comes.SELECTED DRAWING: Figure 4

A method, a system, and a computer program product for using contactless cards and mobile applications for selecting and using methods of payment for transactions. An identifier associated with a transaction is received. The transaction is configured to be executed using at least one computing device. One or more virtual identifiers are generated using the received identifier. At least one virtual identifier is selected and assigned to the transaction. Execution of the transaction is triggered by the computing device using the assigned virtual identifier.

A system, method, and computer program product are provided for multi-account access based on a single authentication information. An exemplary system includes at least one processor configured to receive an authentication request message associated with a transaction having a first account identifier. It is determined whether the transaction and / or the first account identifier is eligible for dynamic processing. At least one processing option available for dynamic processing of the transaction is identified. A modified authentication request message is sent to an issuing system indicating one or more processing options. An authentication response message is received from the issuing system having an authentication indicator and a funds source identifier corresponding to the selected processing option. The modified authentication response message is sent to an acquiring system based on the authentication indicator and the funds source identifier.