Digital currency transaction processing method, system, electronic device, and storage medium

CN122175577APending Publication Date: 2026-06-09THE PEOPLES BANK OF CHINA DIGITAL CURRENCY INST
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Patent Information

Application Number
CN202411808290.2
Authority / Receiving Office
CN · China
Patent Type
Applications(China)
Current Assignee / Owner
Filing Date
2024-12-09
Publication Date
2026-06-09

AI Technical Summary

Technical Problem

In existing technologies, the inconsistent merchant code systems among payment institutions lead to high costs for barcode interoperability. Furthermore, merchants who have already connected to acquiring institutions must bear additional costs when implementing barcode interoperability, hindering the interoperability between electronic payments and digital currency payments.

Method used

The digital currency back-end system parses the QR code scanned by mobile devices, identifies the code type and merchant acceptance institution, and transfers order information between institutions through the digital currency interconnection system, realizing the interoperability of different payment systems.

Benefits of technology

It eliminates the differences in code formats and interfaces between different payment institutions, enables the interoperability of merchant payment codes in digital currency transaction systems, reduces interoperability costs, and improves user experience and the scalability of the digital currency ecosystem.

✦ Generated by Eureka AI based on patent content.

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Abstract

This disclosure provides a method and system for processing digital currency transactions. The method includes: a digital currency backend system receiving a QR code parsing request from a digital currency application; determining the code type and merchant acceptance institution corresponding to the QR code based on pre-stored QR code configuration information; when the code type is a non-digital currency electronic payment QR code, sending a decoding request to the merchant acceptance institution via a digital currency interoperability system to decode and confirm the payment institution and generate an order information page; sending the order information page transmitted by the merchant acceptance institution via the interoperability system to the digital currency application, enabling the application to provide an order input page for the user to input the payment amount and order confirmation information, and sending payment information to the merchant acceptance institution to execute the digital currency transaction. This achieves barcode interoperability between traditional electronic payments and digital currency payments.
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