MASTERCARD ASIA/PACIFIC PTE. LTD. (20250069070). PAYMENT PROCESSOR SUPPORTED WEB 3.0 WALLETS

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PAYMENT PROCESSOR SUPPORTED WEB 3.0 WALLETS

Organization Name

MASTERCARD ASIA/PACIFIC PTE. LTD.

Inventor(s)

Srinath Ravinathan of Singapore (SG)

Donghao Huang of Singapore (SG)

Shi Ler Shila Chew of Singapore (SG)

Dendy Gunawan of Singapore (SG)

Matthew T. Ordman of St. Louis MO (US)

PAYMENT PROCESSOR SUPPORTED WEB 3.0 WALLETS

This abstract first appeared for US patent application 20250069070 titled 'PAYMENT PROCESSOR SUPPORTED WEB 3.0 WALLETS

Original Abstract Submitted

systems and techniques for payment processor supported web 3.0 (“web3”) wallets are provided. the described systems and techniques allow for the use of non-fungible tokens (nfts) to represent a payment token for making a payment inside a web3 and metaverse environment. indeed, the described systems and techniques provide a financial nft enabled representation of a payment card account as a token in a blockchain network, which can then be used to facilitate web3 payments with real-time fiat to crypto exchanges.

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