US 11,720,881 B2
Distributed payment processing using centralized payment processing platform
Gani Uzbekov, Almaty (KZ); and Vyacheslav Yelisseyev, Almaty (KZ)
Assigned to S1LK PAY Ltd., Astana (KZ)
Filed by S1LK PAY Ltd., Astana (KZ)
Filed on Oct. 19, 2022, as Appl. No. 17/968,865.
Claims priority of provisional application 63/273,790, filed on Oct. 29, 2021.
Prior Publication US 2023/0140288 A1, May 4, 2023
Int. Cl. G06Q 20/34 (2012.01); G06Q 20/36 (2012.01)
CPC G06Q 20/351 (2013.01) [G06Q 20/352 (2013.01); G06Q 20/3674 (2013.01)] 18 Claims
OG exemplary drawing
 
1. A method for distributed payment processing using a centralized payment processing platform comprising a centralized payment processor, the centralized payment processing platform being in communication with a user via a user device of the user and a recipient via a user device of the recipient, the method comprising:
receiving, by the centralized payment processor, from the user, via an application running on the user device of the user, a request to create an account associated with the centralized payment processing platform;
in response to the request to create the account, creating, by the centralized payment processor and using the application running on the user device of the user, the account associated with the centralized payment processing platform;
receiving, by the centralized payment processor from the user, a request to create a virtual payment card associated with the account;
in response to the request to create the virtual payment card associated with the account, creating, by the centralized payment processor and using the application running on the user device of the user, the virtual payment card associated with the account;
receiving, by the centralized payment processor, a selection of a balance for the virtual payment card within a limit of the account;
receiving, by the centralized payment processor, a selection of the recipient for the virtual payment card;
generating, by the centralized payment processor, a token associated with the virtual payment card, wherein the token includes a dynamically generated unique identifier; and
transferring, by the centralized payment processor, the token to the recipient via an application running on the user device of the recipient, wherein, based on the token, the user device of the recipient displays the virtual payment card on a user interface of the user device of the recipient, wherein payments made with the virtual payment card are processed by the centralized payment processing platform.