Systems and methods for processing cardless transactions

US11928664B2 · kind B2 · utility

Assignee

• FIDELITY INFORMATION SERVICES, LLC · US

Inventors

• Hitesh Bajaj · Duluth, US
• Douglas Brown · Austin, US
• Robert Woodbury · Flemington, US
• Neil Marcous · Bay Head, US
• Peter Gordon · Sharon, US
• Renee Goodheart · Midland Park, US
• Mark Elliott · Summit, US

Key dates

• Filing date: May 14, 2020
• Grant date: Mar 12, 2024
• Expiry date: May 14, 2040

Classification

• Technology area (CPC G): Physics
• CPC primary: G07F19/20
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Systems and methods are provided for processing cardless financial transactions at transaction devices such as Automated Teller Machines. An example method comprises receiving a transaction request including at least one transaction parameter and receiving a substitute value representing an account for processing the transaction request. The substitute value is distinct from an account number associated with the account. The method further comprises sending the at least one transaction parameter and the substitute value to a payment network associated with the substitute value and completing the transaction request. A second method comprises receiving a transaction request with at least one transaction parameter and a substitute value. The second method further comprises determining account credentials associated with the substitute value using the account credentials.