IP Library Patent Application 17185660
Patent Application
App. No. 17/185,660

TRANSACTION MEDIATION METHOD

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Quick Facts
Patent No.
US None
App. No.
17/185,660
Abstract

Systems and methods for processing transactions using a digital payment platform.

Claims (4)

1 . A method comprising: with an intermediary system:

determining whether a DPP (digital payment platform) user account associated with payment information has sufficient funds for a transaction request;

responsive to a determination that the DPP user account has sufficient funds for the transaction request, generating a temporary payment card number that uses the DPP as a funding source; and

transmitting a payment network payment request to a payment network, wherein the payment request is a request for requesting payment from the temporary payment card number to a merchant account associated with the transaction request, for a transaction amount identified by the transaction request.

Assignments (2)
CHANGE OF NAME Recorded May 28, 2021
From: POYNT CO.
To: POYNT LLC
Reel/Frame 056425/0207 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Feb 25, 2021
From: BEDIER, OSAMA; TANAKA, RAY; CHAU, VICTOR; FENG, CHARLES; LEE, CHENG HAN; AL-KHAWAJA, LUBAB
To: POYNT, CO.
Reel/Frame 055416/0568 →