CPC G06Q 20/401 (2013.01) [G06Q 20/3255 (2013.01)] | 20 Claims |
1. A method for implementing transactions, comprising:
conserving, by a computing system structured to maintain a transaction account and responsive to receiving an indication that at least one selectable object corresponding to verification settings is selected, computing resources by omitting at least one computing operation;
receiving, by the computing system, from a client device, and via a network, a request to set the verification settings for a payment aggregator computing system, wherein the request comprises account information and the verification settings comprise a threshold transaction amount and communication preferences;
determining, by the computing system, an alias account number for the transaction account based on the account information;
transmitting, by the computing system and via the network, a request to the payment aggregator computing system to store the alias account number instead of the account information;
receiving, by the computing system and via the network, a transaction request from the payment aggregator computing system, the transaction request indicating the alias account number and specifying a transaction involving the transaction account;
implementing, by the computing system, a verification policy comprising a first sub-policy and a second sub-policy, based on the verification settings corresponding to the alias account number and the threshold transaction amount, comprising:
determining, by the computing system, a predetermined threshold of a monetary amount;
determining, by the computing system, a first sub-policy monetary amount;
comparing, by the computing system, the first sub-policy monetary amount to the predetermined threshold;
determining, by the computing system, that the first sub-policy monetary amount does not meet the predetermined threshold;
implementing, by the computing system, the second sub-policy; and
generating and transmitting, by the computing system and via the network, to an accountholder device determined via the communication preferences, an electronic message comprising a selectable hyperlink generated for the transaction request; and
responsive to determining that the selectable hyperlink was navigated, approving, by the computing system, the transaction request.
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