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Oracle international corporation (20250094963). Virtual Card Transactions

From WikiPatents

Virtual Card Transactions

Organization Name

oracle international corporation

Inventor(s)

Tapomoy Dey of Santa Clara CA US

Harshavardhan Takle of Foster City CA US

Rondy C. Ng of Redwood Shores CA US

Liam Nolan of Dublin IE

Virtual Card Transactions

This abstract first appeared for US patent application 20250094963 titled 'Virtual Card Transactions

Original Abstract Submitted

techniques for managing secure virtual card number (vcn) transactions are disclosed. a pos terminal that processes payments receives an instruction in a secure digital communication over a network to process a payment from a customer to a supplier. based on receiving a payment request via a network, the pos terminal identifies a vcn associated with the request. the pos terminal validates the vcn and processes the payment request. the pos terminal communicates the vcn to the supplier's bank to initiate a funds transfer between the supplier's bank and the customer's bank that issued the vcn. upon completion of the transaction, the banks confirm the transaction to the customer and the pos terminal.

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