US 12,079,800 B2
Instant activation digital payment system with seamless digital wallet integration
Ritesh R. Kini, Seattle, WA (US); Amber J. Grant, Beacon, NY (US); Pankaj Shrivastava, Tega Cay, SC (US); Michael E. Gould, Scottsdale, AZ (US); Rajaram R. Kasarla, Frisco, TX (US); Carolyn A. Smith, Huntersville, NC (US); David B. Washam, Charlotte, NC (US); and Amar Nath Reddy Atla, Charlotte, NC (US)
Assigned to Bank of America Corporation, Charlotte, NC (US)
Filed by Bank of America Corporation, Charlotte, NC (US)
Filed on Nov. 23, 2021, as Appl. No. 17/533,357.
Application 17/533,357 is a continuation of application No. 16/196,241, filed on Nov. 20, 2018, granted, now 11,244,303.
Claims priority of provisional application 62/737,989, filed on Sep. 28, 2018.
Prior Publication US 2022/0092581 A1, Mar. 24, 2022
This patent is subject to a terminal disclaimer.
Int. Cl. G06Q 20/34 (2012.01); G06Q 20/24 (2012.01); G06Q 20/36 (2012.01); G06Q 40/03 (2023.01)
CPC G06Q 20/354 (2013.01) [G06Q 20/24 (2013.01); G06Q 20/36 (2013.01); G06Q 40/03 (2023.01)] 8 Claims
OG exemplary drawing
 
1. A high-security, dual-pronged payment system featuring instantaneous activation and seamless integration with computer applications, said system comprising:
a mobile device comprising a digital wallet application, the mobile device configured to display a selectable option for initializing a digital payment instrument;
a digital payment instrument initialized at a server with an account number and a first expiration date, the digital payment instrument activated in response to initialization and automatically incorporated into the digital wallet application in response to activation, wherein use of the digital payment instrument is restricted to transactions executed via the digital wallet application; and
a physical payment instrument initialized at the server with the account number and a second expiration date, the second expiration date being later than the first expiration date, the physical payment instrument activated at a time that is after initialization and automatically incorporated into the digital wallet application in response to activation, the incorporation of the physical payment instrument into the digital wallet comprising replacing information associated with the digital payment instrument with information associated with the physical payment instrument via automatic update of tokens;
wherein:
the physical payment instrument is initialized in response to satisfaction of a first qualification threshold;
the digital payment instrument is initialized in response to input of a selectable option displayed on the mobile device and satisfaction of a second qualification threshold, the second qualification threshold comprising: a predetermined credit score, enrollment of the mobile device with the digital wallet application, registration of the mobile device to a current device user for at least 30 days, absence of a “be alert” flag, and a digital wallet password that is at least 14 days old; and
the digital wallet application is configured to authenticate a biometric input received at the mobile device prior to execution of a transaction using the digital payment instrument, the biometric authentication comprising a third qualification threshold.