Cardless Payment Server Virtual Card Value Generation
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Solution Overview
Problem
Users without physical debit or credit cards issued by card management services face difficulties in making online purchases, as existing systems are not integrated with online payment platforms, limiting their payment options to merchants whose systems are traditionally linked with card management services.
Innovation Solution
Implementing a cardless payment server that generates a virtual card value for each transaction, allowing users to pay merchants through their online payment platform accounts, even if the merchant's system is not integrated with the online payment platform, by coordinating with the card management server to facilitate the transaction.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Adaptability or versatility
If merchants use traditional card management service systems, then transaction security is maintained, but users without physical cards cannot make purchases from merchants not integrated with online payment platforms
Solution Approach 1:
The patent introduces a cardless payment server as an intermediary component that bridges the online payment platform and the card management service. This server generates virtual card values that can be used by users without physical cards, while the card management service processes these virtual values through its existing infrastructure. The intermediary enables compatibility between systems without requiring full integration, thus expanding payment options while maintaining transaction security through the established card management protocols.
2Productivity
If users obtain physical credit or debit cards, then they can make online purchases, but the process requires substantial time and is governed by regulatory requirements
Solution Approach 1:
The system performs preliminary actions by pre-generating virtual card values that are immediately usable for transactions. Instead of requiring users to go through the lengthy process of applying for and receiving physical cards, the cardless payment server creates virtual card credentials on-demand that can be used instantly for online purchases. This preliminary generation of payment credentials eliminates the time loss associated with physical card acquisition while maintaining the security and functionality of card-based transactions.
3Adaptability or versatility
If the system integrates with multiple card issuing entities, then more users can access payment services, but the complexity of managing multiple integrations increases
Solution Approach 1:
The cardless payment server is designed with universal functionality to work with multiple card issuing entities through a standardized interface. Rather than creating separate integration pathways for each card issuer, the server implements a unified virtual card generation mechanism that can interface with various card management services. This multi-functional design allows the system to support multiple card issuing entities without proportionally increasing integration management complexity, as the core virtualization logic remains consistent across different issuers.
Data Source
AI summary
Performing transactions using virtual card values is disclosed, including: generating a virtual card value corresponding to a transaction; sending a request to a card management server, wherein the request includes the virtual card value and a transaction amount corresponding to the transaction; receiving an indication from the card management server that the virtual card value and the transaction amount have been successfully stored; generating a merchant-related locator based at least in part on identifying information associated with a merchant server and the virtual card value; sending the merchant-related locator to a client device; and receiving, from the card management server, a request to transfer the transaction amount from a user account associated with a cardless payment server to a funds account associated with the merchant server.