System and method for universal card acceptance
US11120511B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Jul 25, 2017 |
| Grant date | Sep 14, 2021 |
| Priority date | — |
| Expiry date | Oct 26, 2038 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q20/3676
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method, electronic device, and non-transitory computer readable medium for transmitting information is provided. The method includes creating a card network account for each card network of a plurality of card networks. The method also includes associating with a digital card the created card network accounts and providing to at least one of the card network accounts an account balance of the digital card. Additionally, the method includes receiving, from a mobile device, a selection of the digital card to conduct a transaction at a location. The method also includes providing a suggested card network, determined from the plurality of card networks, to the mobile device, to conduct the transaction. The suggested card network is based in part on which card networks accepted at the location. The method also includes updating the account balance of the digital card on completion of the transaction.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.