View source for 18820112. Virtual Card Transactions (Oracle International Corporation)

=Virtual Card Transactions=


==Organization Name==

[[:Category:Oracle International Corporation|Oracle International Corporation]]


[[Category:Oracle International Corporation]]

==Inventor(s)==

[[:Category:Tapomoy Dey of Santa Clara CA US|Tapomoy Dey of Santa Clara CA US]][[Category:Tapomoy Dey of Santa Clara CA US]]

[[:Category:Harshavardhan Takle of Foster City CA US|Harshavardhan Takle of Foster City CA US]][[Category:Harshavardhan Takle of Foster City CA US]]

[[:Category:Rondy C. Ng of Redwood Shores CA US|Rondy C. Ng of Redwood Shores CA US]][[Category:Rondy C. Ng of Redwood Shores CA US]]

[[:Category:Liam Nolan of Dublin IE|Liam Nolan of Dublin IE]][[Category:Liam Nolan of Dublin IE]]

==Virtual Card Transactions==


This abstract first appeared for US patent application 18820112 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.



[[Category:G06Q20/34]]
[[Category:G06Q20/20]]
[[Category:CPC_G06Q20/351]]