System and method of enabling asset leasing on a token enabled payment card network
US10699354B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Oct 12, 2016 |
| Grant date | Jun 30, 2020 |
| Priority date | — |
| Expiry date | Jun 28, 2037 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0645
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
Methods and systems for processing booking transactions are provided. A server received a transaction request to book an asset for a time period. The transaction request comprises a token identifier assigned to the asset and data identifying the time period. The server then identifies token data associated with the asset based on the token identifier and determines availability of the asset during the time period based on the token data. If the asset is available for the duration of the time period, the server maps the token identifier to an account identifier and sends a request to credit an account identified by the account identifier to a server of an issuer of the account.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.