Virtual Credit Card Account Creation via Intermediary Automation
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Solution Overview
Problem
The existing method for creating credit card accounts is time-consuming and inefficient, requiring users to input extensive information and undergo manual verification, prolonging the process.
Innovation Solution
A system and method for creating virtual credit cards that simplifies the process by acquiring a subset of user information, forwarding it between servers, and creating a virtual credit card account without the need for manual verification, allowing for quicker account creation and improved efficiency.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If users input extensive information and undergo manual verification for credit card account creation, then account security and reliability are improved, but the time required and operational complexity increase significantly
Solution Approach 1:
The system performs preliminary actions by pre-creating virtual credit card accounts in the bank's server before users actually need them. When a user registers on the third-party platform, the system automatically checks if a virtual card account already exists for that user and activates it, eliminating the need for users to input extensive information and undergo manual verification at the moment of account creation.
Solution Approach 2:
The patent introduces a third-party platform as an intermediary between users and banks. This intermediary handles the account creation process by automatically interfacing with the bank's server, retrieving user information, and activating virtual credit card accounts without requiring users to directly interact with complex verification procedures. The intermediary absorbs the complexity of information input and verification while providing a simplified user experience.
2Measurement precision
If users input extensive information and undergo manual verification, then verification accuracy is improved, but the operational complexity and effort required increase
Solution Approach 1:
The system implements self-service by automatically retrieving user information from the bank's server using the user's identification number, and automatically activating the virtual credit card account without requiring users to manually input extensive personal information or undergo manual verification procedures. The user simply needs to provide their identification number, and the system handles all verification and account setup automatically.
Solution Approach 2:
The bank's server performs preliminary verification and account setup actions in advance by maintaining pre-verified user profiles and virtual card account templates. When a user requests account creation on the third-party platform, the system retrieves these pre-prepared account details and activates them, eliminating the need for users to go through lengthy verification processes at the time of registration.
3Reliability
If traditional credit card creation methods are used, then comprehensive user verification is achieved, but processing speed and efficiency decrease
Solution Approach 1:
The third-party platform acts as an intermediary that automates the verification process by interfacing with the bank's server. The intermediary system automatically retrieves verified user information, checks for existing virtual card accounts, and activates accounts through automated procedures, significantly improving processing speed while maintaining the comprehensive verification standards established by the bank's pre-verified user profiles.
Solution Approach 2:
The system enables self-service account creation where users simply需要提供 their identification number, and the automated system handles all verification checks against the bank's database, retrieves pre-verified user profiles, activates existing virtual card accounts, or initiates new account creation processes without requiring manual verification steps, thereby dramatically improving account creation efficiency while maintaining verification integrity.
Data Source
AI summary
Device, system and method for creating virtual credit are provided. The method includes acquiring user real-name information from a user interface by a terminal device, wherein an electronic exchange account associating with the acquired user real-name information is not saved in a first server; sending the user real-name information to a second server; detecting if a credit card account associating with the user real-name information is saved in the second server, and creating a virtual credit card account if the credit card account is saved in the second server; and storing the virtual credit card associated with the virtual credit card account in the data storage of the first server.