The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Oct. 08, 2024
Filed:
Jun. 26, 2019
Visa International Service Association, San Francisco, CA (US);
Gaurav Srikant Mokhasi, Evanston, IL (US);
Rohit Sukhija, Bangalore, IN;
Visa International Service Association, San Francisco, CA (US);
Abstract
A method for processing a payment transaction via a proxy guarantor includes receiving a transaction request associated with a payment transaction for a transaction amount. The payment transaction is associated with a user, and the transaction request includes: payment device data associated with a payment device of the user, the payment device associated with a debit account, and guarantor data identifying a guarantor associated with a credit account. The method further includes communicating a hold request to an issuer system associated with the credit account to cause the issuer system associated with the credit account to place a hold on the credit account for at least a portion of the transaction amount, and communicating an authorization request to an issuer system associated with the debit account.