SG11202104635YA - Rapid transaction settlement using virtual account - Google Patents

Rapid transaction settlement using virtual account

Info

Publication number
SG11202104635YA
SG11202104635YA SG11202104635YA SG11202104635YA SG11202104635YA SG 11202104635Y A SG11202104635Y A SG 11202104635YA SG 11202104635Y A SG11202104635Y A SG 11202104635YA SG 11202104635Y A SG11202104635Y A SG 11202104635YA SG 11202104635Y A SG11202104635Y A SG 11202104635YA
Authority
SG
Singapore
Prior art keywords
virtual account
transaction settlement
rapid transaction
rapid
settlement
Prior art date
Application number
SG11202104635YA
Inventor
Chris Truelson
Leigh Radtke
Original Assignee
Visa Int Service Ass
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by Visa Int Service Ass filed Critical Visa Int Service Ass
Publication of SG11202104635YA publication Critical patent/SG11202104635YA/en

Links

Classifications

    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/30—Payment architectures, schemes or protocols characterised by the use of specific devices or networks
    • G06Q20/34—Payment architectures, schemes or protocols characterised by the use of specific devices or networks using cards, e.g. integrated circuit [IC] cards or magnetic cards
    • G06Q20/351—Virtual cards
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/04—Payment circuits
    • G06Q20/06—Private payment circuits, e.g. involving electronic currency used among participants of a common payment scheme
    • G06Q20/065—Private payment circuits, e.g. involving electronic currency used among participants of a common payment scheme using e-cash
    • G06Q20/0655—Private payment circuits, e.g. involving electronic currency used among participants of a common payment scheme using e-cash e-cash managed centrally
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/08—Payment architectures
    • G06Q20/085—Payment architectures involving remote charge determination or related payment systems
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/08—Payment architectures
    • G06Q20/10—Payment architectures specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
    • G06Q20/102—Bill distribution or payments
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/22—Payment schemes or models
    • G06Q20/28—Pre-payment schemes, e.g. "pay before"
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/30—Payment architectures, schemes or protocols characterised by the use of specific devices or networks
    • G06Q20/36—Payment architectures, schemes or protocols characterised by the use of specific devices or networks using electronic wallets or electronic money safes
    • G06Q20/367—Payment architectures, schemes or protocols characterised by the use of specific devices or networks using electronic wallets or electronic money safes involving electronic purses or money safes
    • G06Q20/3672—Payment architectures, schemes or protocols characterised by the use of specific devices or networks using electronic wallets or electronic money safes involving electronic purses or money safes initialising or reloading thereof

Landscapes

  • Business, Economics & Management (AREA)
  • Accounting & Taxation (AREA)
  • Engineering & Computer Science (AREA)
  • Finance (AREA)
  • Physics & Mathematics (AREA)
  • Strategic Management (AREA)
  • General Business, Economics & Management (AREA)
  • General Physics & Mathematics (AREA)
  • Theoretical Computer Science (AREA)
  • Computer Networks & Wireless Communication (AREA)
  • Microelectronics & Electronic Packaging (AREA)
  • Development Economics (AREA)
  • Economics (AREA)
  • Financial Or Insurance-Related Operations Such As Payment And Settlement (AREA)
SG11202104635YA 2018-11-09 2019-11-07 Rapid transaction settlement using virtual account SG11202104635YA (en)

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US16/186,156 US11250393B2 (en) 2018-11-09 2018-11-09 Rapid transaction settlement using virtual account
PCT/US2019/060334 WO2020097375A1 (en) 2018-11-09 2019-11-07 Rapid transaction settlement using virtual account

Publications (1)

Publication Number Publication Date
SG11202104635YA true SG11202104635YA (en) 2021-06-29

Family

ID=70552268

Family Applications (1)

Application Number Title Priority Date Filing Date
SG11202104635YA SG11202104635YA (en) 2018-11-09 2019-11-07 Rapid transaction settlement using virtual account

Country Status (4)

Country Link
US (3) US11250393B2 (en)
CN (1) CN112955921B (en)
SG (1) SG11202104635YA (en)
WO (1) WO2020097375A1 (en)

Families Citing this family (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US11250393B2 (en) 2018-11-09 2022-02-15 Visa International Service Association Rapid transaction settlement using virtual account
US20230206197A1 (en) * 2021-12-29 2023-06-29 American Express Travel Related Services Company, Inc. Card to bank payments solution

Family Cites Families (18)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US20070271160A1 (en) 2002-09-12 2007-11-22 The Pnc Financial Services Group, Inc. Accounts payable process
US8016185B2 (en) 2004-07-06 2011-09-13 Visa International Service Association Money transfer service with authentication
HU227651B1 (en) * 2007-06-29 2011-10-28 Antal Kuthy System and method of virtual financial transactions, electronic sale system and method, as well as computer program and computer program product
US8311914B2 (en) 2007-10-30 2012-11-13 Visa U.S.A. Inc. Payment entity for account payables processing using multiple payment methods
KR20100088909A (en) * 2009-02-02 2010-08-11 인포뱅크 주식회사 Electron payment system for using terminal and method thereof
US8442914B2 (en) 2010-07-06 2013-05-14 Mastercard International Incorporated Virtual wallet account with automatic-loading
CA2828107C (en) 2011-02-25 2015-09-08 Store Financial Services, Llc Method and system for activation and funding of prepaid card accounts within a restricted authorization network
WO2013028910A2 (en) 2011-08-23 2013-02-28 Visa International Service Association Mobile funding method and system
KR20130083050A (en) 2011-12-28 2013-07-22 주식회사 우리은행 Banking payment agency system using a virtual account and controlling method therefor
US20140046847A1 (en) 2012-08-07 2014-02-13 Mondo Jacobs Accounts payable system with user control
US9786003B2 (en) 2012-12-11 2017-10-10 Visa International Service Association Prepaid load with account linking
AU2014256396B2 (en) * 2013-11-15 2020-08-20 Fidelity Information Services, Llc Systems and methods for real-time account access
CN105590214A (en) * 2014-12-31 2016-05-18 ***股份有限公司 Payment method and payment system based on virtual card
CN113379401B (en) * 2015-01-19 2024-05-14 加拿大皇家银行 Secure processing of electronic payments
KR20160141488A (en) 2015-06-01 2016-12-09 주식회사 신한은행 Method and server for providing payment service using virtual account
US10706413B2 (en) * 2016-03-25 2020-07-07 American Express Travel Related Services Company, Inc. System and method for closing pre-authorization amounts on a virtual token account
US10496995B2 (en) * 2017-05-01 2019-12-03 Facebook, Inc. Facilitating payment transactions between users of a plurality of payment providers
US11250393B2 (en) 2018-11-09 2022-02-15 Visa International Service Association Rapid transaction settlement using virtual account

Also Published As

Publication number Publication date
CN112955921A (en) 2021-06-11
US20240046228A1 (en) 2024-02-08
US20200151681A1 (en) 2020-05-14
US11250393B2 (en) 2022-02-15
CN112955921B (en) 2024-03-08
WO2020097375A1 (en) 2020-05-14
US11816643B2 (en) 2023-11-14
US20220129868A1 (en) 2022-04-28

Similar Documents

Publication Publication Date Title
SG11202104984YA (en) Zero-knowledge proof payments using blockchain
EP3446271A4 (en) User interface for transaction
EP3469536A4 (en) User interfaces for transactions
SG11202107654QA (en) Blockchain transaction manager
SG11202010168YA (en) Transaction processing
SG11202105615XA (en) Transaction account data maintenance using blockchain
EP3529761A4 (en) Digital wallet merchant-specific virtual payment accounts
EP3326128A4 (en) Secure real-time payment transactions
EP3507753A4 (en) Expedited virtual currency transaction system
CA187172S (en) Transaction card
EP3369061A4 (en) Secure transaction interfaces
EP3271885A4 (en) Multi-device transaction verification
EP3424004A4 (en) Direct settlement of hands-free transactions
EP3146484A4 (en) Performing transactions using virtual card values
GB2565610B (en) Read-with-overridable-invalidate transaction
EP3580191A4 (en) Isotope enhanced ambroxol for long lasting autophagy induction
EP3776414A4 (en) Blockchain payment system
SG10201605974YA (en) Transaction facilitation
SG11202103751SA (en) Transfers using credit accounts
SG11202100845PA (en) Blockchain-based transaction privacy
ZA202109012B (en) Online payment system
SG11202110104QA (en) Transaction selection mechanism
CA189687S (en) Transaction card
SG11202104635YA (en) Rapid transaction settlement using virtual account
EP3850566A4 (en) Speculative transaction operations for recognized devices