Systems and methods for generating and utilizing temporary digital wallet
US12333533B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | Oct 29, 2020 |
| Grant date | Jun 17, 2025 |
| Priority date | — |
| Expiry date | Nov 2, 2042 |
Classification
- Technology area (CPC H)Electricity
- CPC primaryH04W80/12
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A computer may generate a temporary digital wallet containing one or more anonymous payment tokens and transmit the temporary digital wallet to a user device of a user. When the user provides an anonymous payment token of the one or more anonymous payment tokens to a point of sale (POS) system, the computer may receive from the POS system or other systems connected thereto, a request to authorize payment for the anonymous payment token. The request to authorize payment may also include an amount to be paid by the user to the POS system. Using the anonymous payment token, the computer may retrieve a user account and determine that the user account has sufficient funds for the transaction. Based upon the determination that the user account has sufficient funds, the computer may transmit an authorization confirmation back to the POS system or any other system that the authorization request originated from.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.