ELECTRONIC PAYMENT SYSTEM HAVING STRAIGHT THROUGH DYNAMIC VARIABLE PROCESSING

    公开(公告)号:US20240354749A1

    公开(公告)日:2024-10-24

    申请号:US18756476

    申请日:2024-06-27

    IPC分类号: G06Q20/38

    摘要: An electronic payment processing system and method configured for providing straight through and/or dynamic variable processing. The payment processing system and method may be operable for determining, via a computing device having a payment portal, transaction information associated with a transaction between a buyer and a merchant. Based thereon, selecting, via the payment portal and using the transaction information, a payment algorithm to be used in determining a payment amount to be paid by the buyer for the transaction. And further, selecting, via the payment portal and using merchant identifying information and/or payment information, a value authority algorithm to identify a value authority to be used in selecting a commercial value for a variable term to be associated with and/or included as part of the payment amount.

    Tokenized fungible liabilities
    7.
    发明授权

    公开(公告)号:US12099997B1

    公开(公告)日:2024-09-24

    申请号:US17163314

    申请日:2021-01-29

    IPC分类号: G06Q20/38 G06Q20/06

    摘要: A method of transacting a liability, comprising: defining smart contract which separates a set of rights as a first fungible token type and set of responsibilities as a second fungible token type, the second token type comprising a representation of a liability; in a first transaction, establishing a first transaction consideration which offsets a difference in a value of the set of rights and the set of responsibilities, and allocating a first fungible token with a requirement to pay the consideration to a first party, and allocating the second fungible token with a right to receive the consideration to a second party; and in a second transaction, merging possession of a token of the first fungible token type and a token of the second fungible token type, and extinguish the smart contract set of rights and the set of responsibilities to thereby satisfy the liability.

    EFFICIENT TOKEN PROVISIONING SYSTEM AND METHOD

    公开(公告)号:US20240297790A1

    公开(公告)日:2024-09-05

    申请号:US18645055

    申请日:2024-04-24

    发明人: Deepak Tomar

    IPC分类号: H04L9/32 G06Q20/38

    摘要: A method is disclosed. The method includes receiving, by a token service computer, a detokenization request message comprising a first token from a network processing computer, and then determining a first credential that is stored in association with the first token in a database. The method includes determining a user identifier that is stored in association with the first credential in the database, determining that a second credential is stored in association with the user identifier, generating a detokenization response message comprising the second credential, and providing the detokenization response message to the network processing computer.