Remotely sharing a payment instrument to a client device

US12307458B2 · kind B2 · utility

Assignee

• American Express Travel Related Services Company, Inc. · US

Inventors

• Pankaj Mehla · Phoenix, US
• Anuj Goyal · Mountain View, US
• Anthony Jaleel Wooten · Phoenix, US
• Yogesh Edekar · Phoenix, US
• Moses Godinez · Phoenix, US
• Sridevi Majeti · Phoenix, US
• Sharad Kumar · Phoenix, US
• Nicholas Martinez · Albuquerque, US

Key dates

• Filing date: Aug 25, 2021
• Grant date: May 20, 2025
• Expiry date: Apr 23, 2042

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q20/405
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Various embodiments for remotely sharing a payment instrument of a first user to a client device of a second user are provided. In some embodiments, a system is configured to receive a first request from a first client device to generate a beneficiary user for a payment instrument account. The system is configured to receive a second request from the first client device in order to generate a virtual payment instrument, and the second request comprises a spending policy. The system is configured to generate the virtual payment instrument for the beneficiary identifier based at least in part on the spending policy and configured to transmit a reference notification for accessing the virtual payment instrument to a second client device. The virtual payment instrument is configured to be restricted for a purchase based at least in part on the spending policy.